Upcoming IPOs This Week: Over 15 firms to launch public issues; HDB Financial, Ellenbarrie Industrial Gases, Abram Food on the list

Upcoming IPOs, Mainboard IPOs, SME IPOs: Domestic primary market is set for a busy and eventful week as several companies set to launch its initial public offerings (IPOs) between Monday, June 23 and Friday, June 27, 2025. A mix of mainboard and SME issues will open for subscription during this period, representing a variety of sectors such as financial services, infrastructure, technology, manufacturing, and electric mobility.

The most prominent among them is HDB Financial Services, which plans to raise Rs 12,500 crore through its public issue—one of the largest and most anticipated offerings of the year so far. Alongside this, several other companies, including Kalpataru, Ellenbarrie Industrial Gases, and bunch of SME players, are preparing to tap into investor interest with their IPOs.

Here is a detailed overview of all public issues scheduled to open between June 23 and July 1, 2025.

HDB Financial Services IPO

One of the most anticipated IPOs this week is HDB Financial Services which will open its public issue from June 25 to June 27. The offering seeks to raise Rs 12,500 crore with a price band set between Rs 700 and Rs 740. A key player in the non-banking financial services sector, HDB’s stock will likely list on both BSE and NSE on Wednesday, July 2, 2025.

• HDB Financial IPO Listing Date: Expected on July 2, 2025 on BSE and NSE
• HDB Financial IPO Registrar: Link Intime India Pvt Ltd
• HDB Financial IPO BRLMs: BNP Paribas, JM Financial, Bofa Securities India, Goldman Sachs India, HSBC Securities & Capital Markets, IIFL Capital Services, Jefferies India, Morgan Stanley India, Motilal Oswal Investment Advisors, Nomura Financial Advisory And Securities India, Nuvama Wealth Management, and UBS Securities India.

Kalpataru IPO

Kalpataru Limited will open its IPO from June 24 to June 26 to raise Rs 1,590 crore. The company has price band for its shares between Rs 387 and Rs 414. The shares will be listed on BSE and NSE.

• Kalpataru Limited IPO Listing Date: Expected on July 1, 2025 on both BSE and NSE
• Kalpataru Limited IPO Registrar: MUFG Intime India Pvt Ltd (Link Intime)
• Kalpataru Limited IPO BRLMs: ICICI Securities, JM Financial, and Nomura Financial Advisory

Ellenbarrie Industrial Gases IPO

Also opening from June 24 to June 26, Ellenbarrie Industrial Gases is entering the public market with a Rs 852.53 crore issue. The price band has been fixed between Rs 380 and Rs 400. 

• Ellenbarrie Industrial Gases IPO Listing Date: Tentatively slated for July 1, 2025 on BSE and NSE
• Ellenbarrie Industrial Gases IPO Registrar: KFin Technologies Ltd
• Ellenbarrie Industrial Gases IPO BRLMs: Motilal Oswal Investment Advisors, IIFL Capital Services, and JM Financial

Sambhv Steel Tubes IPO

Sambhv Steel Tubes will launch its IPO from June 25 to June 27, offering shares within a price band of Rs 77 to Rs 82. The company targets a total issue size of Rs 540 crore. The company's shares will list on both BSE and NSE.

• Sambhv Steel Tubes IPO Listing Date: Expected on July 2, 2025 on BSE and NSE
• Sambhv Steel Tubes IPO Registrar: KFin Technologies Ltd
• Sambhv Steel Tubes IPO BRLMs: Nuvama Wealth Management and Motilal Oswal Investment Advisors

Globe Civil Projects IPO

Globe Civil Projects will open its Rs 119 crore IPO from June 24 to June 26. The shares are priced between Rs 67 and Rs 71. The infrastructure development firm aims to raise funds for ongoing and future civil engineering projects. The Globe Civil stock will be listed on both BSE and NSE.

• Globe Civil Projects IPO Listing Date: Expected on July 1, 2025 on both BSE and NSE
• Globe Civil Projects IPO Registrar: KFin Technologies Ltd
• Globe Civil Projects IPO BRLM: Mefcom Capital Markets

Indogulf Cropsciences IPO

Indogulf Cropsciences will launch its IPO from June 26 to June 30. While the price band and issue size are yet to be announced, the company will list its shares on both BSE and NSE.

• Indogulf Cropsciences IPO Listing Date: Tentatively expected on July 3, 2025 on both BSE and NSE
• Indogulf Cropsciences IPO Registrar: Bigshare Services Pvt Ltd
• Indogulf Cropsciences IPO BRLM: Systematix Corporate Services Ltd

AJC Jewel Manufacturers SME IPO

Among the SME listings, AJC Jewel Manufacturers will open its Rs 14.59 crore IPO from June 23 to June 26. The price band is fixed at Rs 90 to Rs 95. Specialising in jewelry manufacturing, the company will debut on the BSE SME platform.

• AJC Jewel Manufacturers IPO Listing Date: Expected on July 1, 2025 on the BSE SME platform
• AJC Jewel Manufacturers IPO Registrar: Bigshare Services Pvt Ltd
• AJC Jewel Manufacturers IPO BRLM: Smart Horizon Capital Advisors

Abram Food SME IPO

Opening from June 24 to June 26, Abram Food Limited will raise Rs 13.29 crore through a fixed-price issue at Rs 98 per share. The company that is involved in food production and packaging, will be listed on BSE SME.

• Abram Food IPO Listing Date: Expected on July 1, 2025 on the BSE SME platform
• Abram Food IPO Registrar: KFin Technologies Ltd
• Abram Food IPO BRLM: Corporate Makers Capital Ltd

Icon Facilitators SME IPO

Also scheduled from June 24 to June 26, Icon Facilitators will issue shares within a price band of Rs 85 to Rs 91. The company aims to raise Rs 18.15 crore. Its stock listing is planned on the BSE SME platform.

• Icon Facilitators IPO Listing Date: Expected on July 1, 2025 on the BSE SME platform
• Icon Facilitators IPO Registrar: Maashitla Securities Pvt Ltd
• Icon Facilitators IPO BRLM: Khambatta Securities Ltd

Shri Hare-Krishna Sponge Iron SME IPO

Shri Hare-Krishna Sponge Iron will launch its IPO from June 24 to June 26. The Rs 28.39 crore issue is priced between Rs 56 and Rs 59. The firm, engaged in sponge iron production, will be listed on the NSE SME exchange.

• Shri Hare‑Krishna Sponge Iron IPO Listing Date: Expected on July 1, 2025 on the BSE SME platform
• Shri Hare‑Krishna Sponge Iron IPO Registrar: KFin Technologies Ltd
• Shri Hare‑Krishna Sponge Iron IPO BRLM: Hem Securities Limited

Suntech Infra Solutions SME IPO

Suntech Infra Solutions will open its IPO from June 25 to June 27 with a price band of Rs 81 to Rs 86. The company aims to raise Rs 42.16 crore. Operating in the construction and engineering sector, Suntech will list on NSE SME.

• Suntech Infra Solutions IPO Listing Date: Expected on July 2, 2025 on the NSE SME platform
• Suntech Infra Solutions IPO Registrar: MAS Services Ltd
• Suntech Infra Solutions IPO BRLM: GYR Capital Advisors Pvt Ltd

Supertech EV IPO

Supertech EV, focusing on electric vehicle solutions, will launch its IPO from June 25 to June 27. With a price band of Rs 87 to Rs 92, the company plans to raise Rs 28.39 crore. It will be listed on BSE SME

• Supertech EV IPO Listing Date: Expected on July 2, 2025 on the BSE SME platform
• Supertech EV IPO Registrar: Skyline Financial Services Pvt Ltd
• Supertech EV IPO BRLM: Corporate Makers Capital Ltd

PRO FX Tech SME IPO

Opening from June 26 to June 30, PRO FX Tech will raise Rs 38.21 crore through an IPO priced between Rs 82 and Rs 87. The company's stock will be listed on the NSE SME platform.

PRO FX Tech IPO Listing Date: Expected on July 3, 2025 on the NSE SME platform
PRO FX Tech IPO Registrar: KFin Technologies Ltd
PRO FX Tech IPO BRLM: Hem Securities Ltd

Valencia India SME IPO

Valencia India will open its SME IPO from June 26 to June 30. The company aims to raise Rs 46.49 crore at a price band of Rs 95 to Rs 110. It will list its shares on BSE SME.

• Valencia India IPO Listing Date: Expected on July 3, 2025 on the BSE SME platform
• Valencia India IPO Registrar: KFin Technologies Ltd

Ace Alpha Tech SME IPO

Also scheduled from June 26 to June 30, Ace Alpha Tech is bringing a Rs 47.15 crore issue with shares priced between Rs 101 and Rs 107. The listing will take place on BSE SME.

• Ace Alpha Tech IPO Listing Date: Expected on July 3, 2025 on the BSE SME platform
• Ace Alpha Tech IPO Registrar: KFin Technologies Ltd

Moving Media Entertainment SME IPO

Moving Media Entertainment’s IPO will run from June 26 to June 30. The company is set to list on NSE SME. However, pricing and issue size details are yet to be disclosed. The firm operates in the digital media and content production space.

• Moving Media Entertainment IPO Listing Date: Tentatively expected on July 3, 2025 on the NSE SME platform

Neetu Yoshi SME IPO

Neetu Yoshi Limited will open its IPO from June 27 to July 1. The BSE SME listing is confirmed, but the issue size and pricing have not been announced as of now.

• Neetu Yoshi IPO Listing Date: Expected on July 4, 2025 on the BSE SME platform
• Neetu Yoshi IPO Registrar: Skyline Financial Services Pvt Ltd
• Neetu Yoshi IPO BRLM: Horizon Management Private Limited