211  Total SME IPOs listed in 2025

9,659.65 Crs.  Total funds raised in 2025

144  SME IPOs listed with Gain in 2025

67  SME IPOs listed with loss in 2025

211  Total SME IPOs listed in 2025

9,659.65 Crs.  Total funds raised in 2025

144  SME IPOs listed with Gain in 2025

67  SME IPOs listed with loss in 2025

211  Total SME IPOs listed in 2025

9,659.65 Crs.  Total funds raised in 2025

144  SME IPOs listed with Gain in 2025

67  SME IPOs listed with loss in 2025

211  Total SME IPOs listed in 2025

9659.65 Crs.  Total funds raised in 2,025.00

144  SME IPOs listed with Gain in 2025

67  SME IPOs listed with loss in 2025

IPO Report and IPO Watch for August 2025

IPO Report and IPO Watch for August 2025
Published on: September 01, 2025

Understanding the IPO landscape is crucial for investors looking to make informed decisions, and having access to up-to-date data on upcoming IPOs is key. This data provides valuable insights into the companies which are filing their 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 don’t miss out on best IPOs and can optimize their investment strategies for better returns.

August IPO Activity: Exciting Opportunities for Investors

In the month of August 2025, 21 DRHP (Draft Red Herring Prospectus) were filed on SME platform. The filings include 14 DRHP filings with the BSE SME exchange and 7 DRHP filings with NSE Emerge of the SME platform of India. Additionally, 28 SME IPO listings were seen in the month of August. 

14 DRHP filings were seen on the Mainboard platform on NSE and BSE, in the month of August 2025. Also, 18 Mainboard IPO listings were noticed in August 2025.

This data offers investors a valuable look at upcoming IPOs, helping them spot opportunities 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 detailed IPO listings, sector insights, and expert advice, IPO Advisors make it easier for investors to make confident, data-driven decisions.

 

Key Highlights of the Month

  1. 21 Companies have filed DRHP with Recognized Stock Exchanges such as;
    • 14 Companies have filed DRHPs with BSE SME exchange and,
    • 7 Companies have filed DRHPs with NSE Emerge.
  2. 14 Companies filed DRHP (Mainboard) with SEBI.
  3. 28 SME IPO Listings in the month of August through NSE Emerge and BSE SME.
  4. 18 Mainboard IPO listings on NSE and BSE stock Exchanges.
  5. IPOs to open in 1st week of September:
    • Sharvya Metals IPO
    • Amanta Healthcare IPO
    • Vigor Plast India IPO
    • Austere Systems IPO
    • Oval Projects Engineering IPO
    • Abril Paper Tech IPO
    • Snehaa Organics IPO 
    • Sugs Lloyd IPO
    • Rachit Prints IPO 
    • Goel Construction IPO
    • Optivalue Tek Consulting IPO

List of Upcoming SME IPO whose DRHP are filed with BSE SME Exchange

Name

Key Financial Indicators (in Rs. Crores)

City

Merchant Banker

Sector

 

Revenue

PAT (Profit after Tax)

 

 

 

Max Marketing Limited IPO

5.91

1.65

Mumbai

Interactive Financial Services Limited

Advertising and Media

Narmadesh Brass Industries Limited IPO

87.72

5.67

Jamnagar

Aryaman Financial Services Limited

Metal

Shayona Engineering Limited IPO

23.08

2.42

Gujarat

Horizon Management Private Limited

Steel - Tubes And Pipes

Vegorama Punjabi Angithi Limited IPO

101.30

8.22

New Delhi

Corporate Makers Capital Limited

FMCG

Sodhani Capital Limited IPO

4.10

2.18

Jaipur

Bonanza Portfolio Limited

Banking And Finance - FinTech

Admach Systems Limited IPO

53.36

6.09

Pune

Aftertrade Broking Private Limited

Engineering - Heavy Machinery

Sakhiya Skin Clinic Limited IPO

52.87

10.90

Surat

GYR Capital Advisors Private Limited

Hospitals And Clinic

Panchatv Bharat limited IPO

48.99

2.83

New Delhi

Mark Corporate Advisors Private Limited

Fabrics

Liotech Industries Limited IPO

40.68

4.16

Rajkot

Wealth Mine Networks Private Limited

Furniture

Gujarat Peanut and Agri Products Limited IPO

363.05

6.49

Rajkot

Finshore Management Services Limití

Agro

Natrinai Ventures Limited IPO

157.83

15.55

Coimbatore

Kreo Capital Private Limited

Solar

Sihora Industries Limited IPO

14.56

1.87

Surat

Sobhagya Capital Options Limited

Fabrics

Logiciel Solutions Limited IPO

20.91

5.47

Ludhiana

Fintellectual Corporate Advisors Private Limited

Information Technology - SaaS

JJ PV Solar Limited IPO

211.58

14.87

  Rajkot

Beeline Capital Advisors Private Limited

Solar

 

List of Upcoming SME IPO whose DRHP are filed with NSE Emerge;

Name

Key Financial Indicators (in Rs. Crores)

City

Merchant Banker

Sector

 

Revenue

PAT (Profit after Tax)

 

 

 

YAAP Digital Limited IPO

152.25

11.93

Mumbai

Socradamus Capital 

Private Limited

Information Technology-Data Solutions.

Sri Priyanka GEO Commex Limited IPO

266.24

9.82

Chennai

Horizon Management Private Limited

Agro

Diksha Polymers Limited IPO

42.72

2.63

Gwalior

Plastic And Polymer

Plastic And Polymer

Ecoline Exim Limited IPO

538.56

37.64

Kolkata

Hem Securities Limited

Packaging & Disposables

Bio Medica Laboratories Limited IPO

38.19

9.79

Indore

Narnolia Financial Services Limited

Pharmaceutical

Flywings Simulator Training Centre Limited IPO

16.24

9.88

Gurgaon

Gretex Corporate Services Limited see more

Education

Neochem Bio Solutions Limited IPO

84.17

7.75

Ahmedabad

Vivro Financial Services Private Limited

Chemical

 

List of Upcoming Mainboard IPO whose DRHP are filed with SEBI;

Name

Key Financial Indicators (in Rs. Crores)

City

Merchant Banker

Sector

 

Revenue

PAT(Profit after tax)

 

 

 

Leap India Limited IPO

466.47

37.56

Mumbai

Avendus Capital Private Limited 

(see more)

Logistics

Sfc Environmental Technologies Limited IPO

697.86

152.01

Mumbai

Jm Financial Limited (see more)

ESG

Molbio Diagnostics Limited IPO

1,020.42

138.58

Salcete

IIFL Securities Limited (see more)

Healthcare

Onemi Technology Solutions Limited IPO

1,337.46

160.62

Mumbai

Centrum Capital Limited

(see more)

Banking And Finance - FinTech

Clean Max Enviro Energy Solutions Limited IPO

1,495.70

19.43

Mumbai

Axis Capital Limited (see more)

  Power And Energy

RSB Retail India Limited IPO

2,693.94

104.42

Hyderabad

Hdfc Bank Limited (see more)

Retail

Fractal Analytics Limited IPO

2,765.40

220.60

Mumbai

Axis Capital Limited (see more)

Engineering - Tech Solutions

Lohia Corp Limited IPO

1,376.87

117.84

Kanpur 

Equirus Capital Private Limited (see more)

Engineering - Heavy Machinery

Technocraft Ventures Limited IPO

279.56

28.20

New Delhi

Khambatta Securities Limited

Engineering - EPC

Transline Technologies Limited IPO

371.08

48.33

New Delhi

Motilal Oswal Investment Advisors Limited 

Information Technology

Varmora Granito Limited IPO

1,446.03

30.77

Rajkot

Goldman Sachs (India) Securities Private Limited (see more)

Ceramic And Stone - Marble, Tiles And Granite

Silver Consumer Electricals Limited IPO

1,586.38

47.69

Rajkot

Choice Capital Advisors Private Limited (see more)

Electric Equipments

BLS Polymers Limited IPO

328.43

211.36

New Delhi

Unistone Capital Private Limited

Plastic And Polymer

Asset Reconstruction Company India Limited IPO

581.75

355.32

Mumbai

Idbi Capital Market Services Limited (see more) 

Banking And Finance

 

Details of Listed Companies in the month of August;

Exchange

Listed Companies

Total Fund Raise (Amount in Crores)

NSE Emerge

16

826.95

BSE SME 

12

487.23

Mainboard

18

22081

 

Mainboard IPO and SME IPO open in first week (September 2025);

  1. Sharvya Metals Limited- Incorporated in 2014, Sharvaya Metals Limited is engaged in manufacturing, supplying, and exporting aluminum products such as alloyed ingots, billets, slabs, sheets, and EV battery enclosures. Its products cater to sectors like automotive, engineering, cookware, consumer appliances, and defense, serving both domestic and international markets. The company operates a PLC-controlled 10-ton aluminum melting furnace with advanced rolling and cutting machinery to ensure quality production. The merchant banker for this IPO is Expert Global Consultants Private Limited.
  2. Vigor Plast India Limited- Incorporated in 2012, Vigor Plast India Limited manufactures and supplies CPVC and UPVC pipes and fittings, along with SWR and PVC agricultural pipes used in plumbing, sewage, agriculture, and industrial applications. With a fully automated facility at Dared, Gujarat, and five warehouses across the state, the company ensures efficient operations and quality products. The merchant banker for this IPO is Unistone Capital Private Limited.
  3. Austere Systems Limited- Incorporated in 2013, Austere Systems Limited (ASL) is a software development company providing IT services and solutions to startups and enterprises. Its offerings include software development, SaaS, mobile apps, ERP, AI services, digital transformation, and database management. The company also engages in software reselling, IT consulting, and BPO services, catering to both global and Indian clients, with a strong focus on rural markets. The merchant banker for this IPO is GYR Capital Advisors Private Limited.
  4. Amanta Healthcare- Amanta Healthcare Limited, incorporated in December 1994, is a pharmaceutical company specializing in sterile liquid parenteral products using Aseptic Blow-Fill-Seal and Injection Stretch Blow Moulding technologies. It manufactures IV fluids, ophthalmic solutions, respiratory care products, and medical devices. The company markets over 45 generic products in India and exports to 21 countries, including Africa and Latin America, with a workforce of 1,718 employees. Beeline Capital Advisors Private Limited is the lead manager of this IPO.
  5. Oval Projects Engineering Limited - Oval Projects Engineering Limited, incorporated in 2013, is an infrastructure development company specializing in Oil & Gas, City Gas Distribution, Urban Development, and Energy sectors across India. The company handles upstream, midstream, and downstream activities including pipeline laying, gas processing plants, and O&M services for power plants. It has executed over 900 km of pipelines and engages in government and international funded infrastructure projects. As of March 31, 2025, it has 123 employees. SMC Capitals Limited is the lead manager, of this IPO.
  6. Abril Paper Tech - Abril Paper Tech, incorporated in 2023, is a leading manufacturer of Sublimation Heat Transfer Paper ranging from 30 to 90 GSM and sizes 24 to 72 inches. Its products serve the digital printing, garment, textile, hosiery, and home furnishing industries. The company’s manufacturing unit is in Palsana, Gujarat. It is known for product quality, wide reach, technological advancement, customization, and competitive pricing. Interactive Financial Services Limited is the lead manager, of this IPO.
  7. Snehaa Organics IPO - Snehaa Organics Limited, incorporated in October 2017, specializes in solvent recovery using distillation and purification technologies to reuse spent solvents. Operating a 3,300 sq. ft. manufacturing facility in Hyderabad, Telangana, it serves industries with diverse solvent mixtures. The company trades solvents directly, backed by modern technology, a strong pharmaceutical sector reputation, and a strategic location. Fast Track Finsec Private Limited is the lead manager, of this IPO.
  8. Sugs Lloyd IPO-  SUGS Lloyd Limited, incorporated in 2009, is a technology-driven engineering and construction company specializing in renewable energy, especially solar energy, along with electrical transmission, distribution, and civil EPC projects. It provides solar EPC, electrical EPC, civil construction, and manpower staffing services. As of March 31, 2025, it has 206 employees. 3Dimension Capital Services Limited is the Merchant banker for this IPO.
  9. Rachit Prints IPO- Rachit Prints Limited, incorporated in 2003, manufactures specialty fabrics for the mattress industry, including knitted, printed, warp knit, and pillow fabrics, along with binding tape. The company also trades comforters and bedsheets and operates on a B2B model, serving brands like Sleepwell and Kurlon Enterprises. Its product range includes circular knitted fabric, warp knit, printed polyester fabrics, and flame-resistant fabrics. Hambatta Securities Limited is the lead manager of this IPO.
  10. Goel Construction IPO- Goel Construction Company Limited (GCCL), incorporated in 1997, is a construction and infrastructure firm specializing in civil and structural works across sectors like cement plants, dairies, hospitals, steel, power plants, pharmaceuticals, and institutional projects. GCCL has executed 19 projects worth ₹1,13,499.37 lakhs and has 14 ongoing projects with an order book of ₹59,660.28 lakhs across multiple Indian states. The company operates with a fleet of 202 equipment and employs 1,191 staff as of June 30, 2025. Srujan Alpha Capital Advisors LLP is the lead manager of this IPO.
  11. Optivalue Tek Consulting Limited - Optivalue Tek Consulting Limited, established in June 2011, is a technology consulting company specializing in enterprise modernization and digital transformation solutions. It offers services including data integration, cloud solutions, DevOps, AI-driven analytics, telecommunications transformation, web and mobile app development, and generative AI. With over 200 consultants, the company has completed 500+ integrations globally, operating from offices in India, the USA, and Australia. As of March 31, 2025, it employs 70 full-time and 70-80 contractual staff. Share India Capital Services Private Limited is the lead manager, for this IPO.

Name

Exchange

IPO size (in crores)

IPO Dates

Price Band (in Rs)

Merchant Banker

Sector

Sharvaya Metals Limited

BSE SME

58.80

4-9 Sept

192-196

Expert Global Consultants Private Limited

Aluminium

Vigor Plast India Limited

NSE Emerge

25.10

4-9 Sept

77-81

Unistone Capital Private Limited

Plastic and Polymer

Austere Systems Limited

BSE SME

15.57

3-8 Sept

52-55

GYR Capital Advisors Private Limited

Information Technology – Data Solution

Amanta Healthcare

Mainboard

126

1-3 Sept

120-126

Beeline Capital Advisors Private Limited 

Pharmaceutical

Oval Projects Engineering Limited

BSE SME

46.74

28Aug-1Sept

85

SMC Global Securities Limited

Engineering - EPC

Abril Paper Tech Limited

BSE SME

13.42

29Aug-2Sept

61

Interactive Financial Services Limited

Paper And Stationery

Snehaa Organics Limited 

NSE SME

32.68

29Aug-3Sept

115-122

Fast Track Finsec Private Limited

ESG

Sugs Lloyd Limited

BSE SME

85.66

29Aug-3Sept

117-123

3Dimesnion Capital Services Limited

Solar - Energy

Rachit Prints IPO

BSE SME

19.49

1-3 Sept

140-149

Khambatta Securities Limited

Textiles

Goel Construction IPO

BSE SME

99.77

2-4 Sept

249-263

Srujan Alpha Capital Advisors Llp

Infrastructure

Optivalue Tek Consulting Limited

NSE EMERGE

51.82

2-5 Sept

84

Share India Capital Services Private Limited

Information Technology

 

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 August 2025 has started with strong momentum, with 35 companies filing their DRHPs across BSE SME, NSE Emerge, and the Mainboard. With 28 SME IPO listings and 18 Mainboard Listings along with several upcoming IPOs in September, 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, 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.

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