The Indian IPO market is buzzing as multiple companies prepare to go public in 2025. Investors now have opportunities across energy, fintech, consumer tech, asset management, e-commerce, and even the stock exchange itself. All these upcoming IPOs will be listed on NSE, ensuring transparency, liquidity, and regulated trading.
1. Bajaj Energy Ltd
- IPO Size: ₹5,450 crore
- Use of Funds: Acquisition of equity in Lalitpur Power Generation Company
- Sector: Thermal Power Generation
Bajaj Energy operates with a total capacity of 2,430 MW, making it a strong contender for investors seeking exposure in India’s energy sector.
2. boAt (Imagine Marketing)
- Valuation Target: $1.5 billion
- Sector: Consumer Electronics (Headphones, Smartwatches, Audio Accessories)
boAt enjoys a loyal customer base and strong brand recognition, offering retail investors a chance to participate in India’s fast-growing tech accessories market.
3. Flipkart
- Valuation Target: $60–70 billion
- Sector: E-commerce
Flipkart, backed by Walmart, is preparing a domestic IPO after shifting its holding base to India. It promises one of the largest consumer-tech IPOs in the country.
4. PhonePe
- Target Raise: ₹12,000 crore
- Sector: Fintech / Digital Payments
PhonePe has shown strong revenue growth and positive cash flows. Its IPO is expected to attract both retail and institutional investors, marking a landmark fintech listing.
5. SBI Mutual Fund (SBI Funds Management Ltd)
- Stake on Offer: 10% (SBI 6.3%, Amundi 3.7%)
- Sector: Asset Management / Financial Services
Investors will gain exposure to one of India’s largest mutual fund companies through this strategic public offering.
6. NSE (National Stock Exchange of India)
- IPO Type: Offer-for-Sale (OFS)
- Timeline: Expected within 8–9 months post SEBI approval
- Sector: Stock Exchange / Financial Market Infrastructure
For the first time, India’s premier stock exchange will go public. This IPO gives investors a rare chance to own a stake in the backbone of the country’s capital markets.
Why Invest in These IPOs?
- Diverse sectors: energy, fintech, consumer tech, e-commerce, mutual funds, and financial markets
- Strong growth potential and market presence
- Regulated trading on NSE ensures transparency, liquidity, and investor protection
These upcoming IPOs reflect India’s growing economy and provide a unique opportunity for investors to participate in high-potential companies shaping the future of Indian markets.
I am a finance writer focused on IPO updates, market trends and equity research. I simplify complex IPO data into clear, accurate and reliable insights to help readers stay informed.