February 2025 IPO Review: IPO Report of Upcoming IPO and Listed IPOs

Understanding the IPO landscape is crucial for investors looking to make informed decisions, and having access to recent news on upcoming IPOs is the key. This information on Upcoming IPO and new listings provide valuable insights into the companies which are filing Draft Red Herring Prospectus (DRHP), the sectors they represent, and the merchant bankers backing them. By analyzing this information, investors can identify emerging opportunities, assess market trends, and make more strategic choices. With the right data, investors can stay ahead of the curve, ensuring they are aware of best IPOs and can optimize their investment strategies for better returns.

In the month of February 2025, 23 companies filed Draft Red Herring Prospectus (DRHP), indicating a steady pipeline for upcoming IPOs. Among them, 11 companies filed with NSE Emerge, while 12 companies submitted their filings with BSE SME exchange. Additionally, 17 SME IPOs were successfully listed during the month on the SME platforms of stock exchanges of India.

11 companies have filed DRHPS on Mainboard in the month of February 2025. 4 Companies (Mainboard) got listed on NSE, BSE in February 2025.

One can get valuable information for list of upcoming IPOs based on sectors, cities, and merchant bankers. Platforms like ipoplatform.com provide real-time updates, ensuring investors stay informed and ready to capitalize on the next big opportunity. With new IPO listing, sector insights, and expert advice, IPO Advisors make it easier for investors to make confident, data-driven decisions.

Key Highlights of the Month February

1. 23 Companies have filed DRHP with Recognized Stock Exchanges such as;
   • 12 Companies have filed their DRHPs with BSE SME exchange and,
   • 11 Companies have filed their DRHPs with NSE Emerge.
2. 11 Companies (Mainboard) have filed their DRHPs with SEBI.
3. 17 SME IPO got listed in the month of February through NSE Emerge and BSE SME.
4. 4 IPO got listed their securities on Mainboard.
5. IPOs to open in 1^st week of March;
   • NAPS Global India Limited
   • Balaji Phosphates Limited

 

 

 

 

 

 

 

 

 

 

 

List of Upcoming SME IPOs whose DRHPs are filed with BSE SME Exchange; 

Name	Key Financial Indicators (in Rs. Crores)		City	Merchant Banker	Sector
	Revenue	PAT (Profit after Tax)
Mahamaya Lifesciences Limited IPO	294.3	14.82	New Delhi	Oneview Corporate Advisors Private Limited	Chemical - Pesticides
LGT Business Connextions Limited IPO	110.54	5.16	Chennai	Mark Corporate Advisors Private Limited	Travel and Tourism
Nepture Holidays Limited IPO	127.96	19.02	Kolkata	Horizon Management Private Limited	Travel and Tourism
Chatterbox Technologies Limited IPO	60	8.56	Mumbai	Expert Global Consultants Private Limited	Advertising and Media
Infraprime Logistics Technologies limited IPO	123.74	15.4	New Delhi	Beeline Capital Advisors Private Limited	Logistics
EverestIMS Technologies Limited IPO	46.78	8.24	Bangalore	Oneview Corporate Advisors Private Limited	Information Technology - SaaS
FFS Defence Engineering Limited IPO	10.04	1.74	Nagpur	Inventure Merchant Banker Services Private Limited	Defence
Saffron Speciality Papers Limited IPO	231.64	13.82	Mumbai	BOI Merchant Bankers Limited	Paper and Stationery
Turtle Infratrade Limited IPO	101.16	1.38	Pune	Inventure Merchant Banker Services Private Limited	Logistics
Icodex Publishing Solutions Limited IPO	21.82	8.66	Pune	Indcap Advisors Private Limited	Information Technology
Leapfrog Engineering Services Limited IPO	64.18	8.7	Bangalore	Finshore Management Services Limited	Engineering - EPC
Taiyo Feed Mill Limited IPO	58.81	7.77	Chennai	Share India Capital Services Private Limited	Agro - Food Products

 

List of Upcoming SME IPOs whose DRHPs are filed with NSE Emerge;

Name	Key Financial Indicators (in Rs. Crores)		City	Merchant Banker	Sector
	Revenue	PAT (Profit after Tax)
Multiplier Ai Limited IPO	14.04	6.48	Hyderabad	Swastika Investmart Limited	Information Technology - Data solutions
Eco Fuel Systems (India) Limited IPO	97.92	12.98	Mumbai	Arihant Capital Markets Limited	Automobile
Vivekanand Cotspin Limited IPO	187.44	3.38	Ahmedabad	Grow House Wealth Management Private Limited	Textiles - Fabrics
Sellowrap Industries Limited IPO	151.32	10.92	Mumbai	Gretex Corporate Services Limited	Engineering - Automotive
Mahendra Realtors & Infrastructure Limited IPO	93.80	11.36	Mumbai	Fast Track Finsec Private Limited	Infrastructure
Kaytex Fabrics Limited IPO	156.31	16.66	Amritsar	Socradamus Capital Private Limited	Textiles - Fabrics
https://www.ipoplatform.com/upcoming-ipo/bhadora-industries-limited/472	91.58	7.86	Indore	Unistone Capital Private Limited	Cables and Wires
Webtel Electrosoft Limited IPO	55.90	9.36	New Delhi	Narnolia Financial Services Limited	Information Technology
Marc Technocrats Limited IPO	44.28	7.56	New Delhi	Narnolia Financial Services Limited	Information Technology
Influx Healthtech Limited IPO	94.92	12.06	Mumbai	Rarever financial advisors	Healthcare
Monolithisch India Limited IPO	81.98	11.18	Ranchi	HEM Securities Limited	Steel - Iron

 

List of Upcoming Mainboard IPOs whose DRHPs are filed with SEBI;

Name	Key Financial Indicators (in Rs. Crores)		City	Merchant Banker	Sector
	Revenue	PAT(Profit after tax)
LCC Projects Limited IPO	2969.08	235.88	Ahmedabad	Motilal Oswal Investment Advisors Limited	Engineering - EPC
Anlon Healthcare Limited IPO	92.844	14.352	Rajkot	Interactive Financial Services Limited See more	Pharmaceutical
M&B Engineering Limited IPO	907.73	64.67	Ahmedabad	Equirus Capital Private Limited See more	Steel
Innovatiview India Limited IPO	986.02	262.12	New Delhi	MUFG Intime India Private Limited See more	Information technology
Seedworks International Limited IPO	834.4	140.4	Telangana	KFin Technologies Limited See more	Agro
Rite Water Solutions India Limited IPO	412.8	95.33	Nagpur	Bigshare Services Private Limited See more	Agro
Advanced Sys-tek Limited IPO	217.6	24.2	Vadodara	MUFG Intime India Private Limited See more	Oil and Gas
Glottis Limited IPO	873	62.4	Chennai	KFin Technologies Limited See more	Logistics
Amanta Healthcare Limited IPO	271.81	6.05	Ahmedabad	MUFG Intime India Private Limited See more	Pharmaceuticals
Shringar House of Mangalsutra Limited IPO	137.44	6.6	Mumbai	MUFG Intime India Private Limited See more	Jewellery
Atlanta Electricals Limited IPO	114.78	10.34	Anand	MUFG Intime India Private Limited See more	Electric Equipments - Transformers

 

Details of all Listed Companies in the month of February;

Exchange	Listed Companies	Total Fund Raise (Amount in Rs Crores)
NSE Emerge	11	606.69
BSE SME	6	233.86
Mainboard	4	13905.31

 

IPOs to be open in first week;

1. NAPS Global India Limited, incorporated in March 2014, is a wholesale importer of textiles and garments, serving Maharashtra's garment supply chain. The company offers Fabrics and Garments through a B2B model, with a supplier network in China and Hong Kong. Backed by experienced promoters and strong financial performance. Aryaman Financial Services Limited is the lead manager for this IPO.
2. Balaji Phosphates Limited, incorporated in 1996, manufactures and supplies Single Super Phosphate (SSP), NPK Granulated and Mixed Fertilizers, and Zinc Sulphate, all compliant with India's Fertilizer Control Order standards. Arihant Capital Markets Ltd is the lead manager for this IPO.
    

Name	Exchange	IPO size (in crores)	IPO Dates	Price Band (Rs per share)	Merchant Banker	Sector
NAPS Global India Limited IPO	BSE SME	11.88	4 Mar –  6 Mar 2025	90	Aryaman Financial Services Limited	Textiles
Balaji Phosphates Limited IPO	NSE Emerge	50.11	28 Feb – 4 Mar 2025	66 -70	Arihant Capital Markets Ltd	Minerals

 

What is the role of IPO Advisors in listing of an IPO?

IPO Advisors and IPO Consultants play a crucial role in guiding companies through the complex process of listing an Initial Public Offering (IPO). Their primary responsibility is to ensure that the company meets the IPO eligibility requirements set by regulatory authorities and stock exchanges such as BSE SME and NSE Emerge.

We, at ipoplatform.com guide companies through the listing process, helping them meet all necessary requirements and connecting them with the best Merchant Bankers to maximize their fundraising potential. With expert advisory, valuation strategies, and investor outreach, IPO Advisors help companies achieve a successful public listing and unlock growth opportunities in the capital markets.

These professionals work closely with Merchant Bankers to structure the IPO, prepare financial disclosures, and ensure compliance with regulatory norms. They assist in drafting the Draft Red Herring Prospectus (DRHP), coordinating with regulatory bodies like SEBI, and facilitating due diligence.
 

Conclusion: Unlocking Opportunities with IPO 2025

The IPO market in February 2025 has started with strong momentum, with 34 companies filing their DRHPs across BSE SME, NSE Emerge, and the Mainboard. With new listings of 21 IPOs in February 2025 and several upcoming IPOs in March, investors have numerous opportunities to explore.

For companies looking to go public, IPO Advisors play a crucial role in streamlining the IPO listing process. From compliance with regulatory requirements to selecting the right Merchant Bankers in India, these experts ensure a smooth transition into the capital markets. Platforms like ipoplatform.com provide real-time updates, expert insights, and the necessary guidance to help companies and investors make informed decisions.

As we move further into SME IPO 2025, staying updated on upcoming IPOs and analyzing key financials can help investors capitalize on high-growth opportunities. With strategic planning and expert guidance, both businesses and investors can unlock the full potential of the IPO market in 2025.