Big-Ticket IPOs to Watch Out for in 2025

Watch for major IPOs in 2025, featuring Reliance Jio, LG Electronics, and more. Stay updated on potential record-breaking stock debuts!

As the year 2024 comes to a close, the financial world is abuzz with speculation: will the IPO fever continue into 2025? This past year has been a landmark for India's IPO market, with massive listings such as Hyundai Motor India, Bajaj Housing Finance, and Ola Electric setting new records and stirring excitement among investors.

Reliance Jio IPO

One of the most discussed IPOs is Reliance Industries' telecom arm, Reliance Jio. Although the company hasn't officially announced the listing, reports suggest that the telecom giant, valued at over USD 100 billion, may debut on the stock market in 2025. If this materializes, it could potentially be India's largest IPO, surpassing Hyundai Motor India's record-breaking 2024 listing.

Company	Valuation	Key Highlight
Reliance Jio	USD 100 billion+	Potentially India's largest IPO
Hyundai Motor India	Record-breaking 2024	Benchmark for Reliance Jio’s possible debut

LG Electronics IPO

LG Electronics India is also in the news. According to reports, the company is planning an IPO for its Indian arm, which may be valued at up to INR 15,000 crore.

Company	Valuation	Key Highlight
LG Electronics India	INR 15,000 crore	Eyeing a significant IPO milestone

HDFC Bank's HDB Financial Services IPO

India's biggest NBFC IPO may be seen in 2025, as HDFC Bank is set to list its non-banking financial arm, HDB Financial Services. The bank has already filed for an IPO worth around INR 12,500 crore, making it a standout in the 2025 IPO calendar.

Company	Valuation	Key Highlight
HDFC Bank’s HDB Financial	INR 12,500 crore	Likely to be the largest NBFC IPO

Hero MotoCorp's Hero FinCorp IPO

Hero MotoCorp's financial services arm, Hero FinCorp, is another biggie that needs to be followed. Given the growth of India's two-wheeler market, the company has filed a DRHP for an IPO worth around INR 3,700 crore.

Company	Valuation	Key Highlight
Hero MotoCorp’s Hero FinCorp	INR 3,700 crore	Positioned for growth in India’s two-wheeler market

Greaves Cotton's Greaves Electric Mobility IPO

The growth in the EV segment is on and Greaves Cotton is preparing its electric vehicle subsidiary, Greaves Electric Mobility, for an IPO.

Company	Key Highlight
Greaves Electric Mobility	Focus on India’s growing EV market

Hexaware Technologies and NSDL IPO

In the tech sector, Hexaware Technologies and NSDL are in the process of massive public listings that are expected to acquire critical investor interest.

Company	Key Highlight
Hexaware Technologies	Innovations in technology expected to attract interest
NSDL	Prominent in India’s financial infrastructure

Other Major Players

There are said to be others that are planning IPOs in 2025 including Zepto, Ather Energy, Tata Passenger Electric Mobility (TPEML), and JSW Cement. The firms haven't confirmed their dates as yet, but market reports hint that they may visit the platforms next year.

Company	Sector
Zepto	E-commerce
Ather Energy	Electric Vehicles
Tata Passenger Electric Mobility	Automotive
JSW Cement	Infrastructure

Subscribers Going Public: The New Trend in 2025

The listing of subsidiaries by big companies is one of the significant trends that will be witnessed in 2025. Reliance Industries, Hero MotoCorp, and HDFC Bank are among the companies that would take their subsidiaries public. Prestige Estates Projects is getting ready to list its hospitality business. Canara Bank has given an in-principle nod to the sale of a 13% stake in its mutual fund arm, Canara Robeco.

Parent Company	Subsidiary	Key Highlight
Reliance Industries	Reliance Jio	Largest telecom IPO in India
Hero MotoCorp	Hero FinCorp	Financial services arm to go public
HDFC Bank	HDB Financial Services	Largest NBFC IPO
Prestige Estates Projects	Hospitality Business	Focus on real estate and hospitality
Canara Bank	Canara Robeco Mutual Fund	Stake sale approved

A Bumper Year Ahead for IPO

Over 34 companies are in the pipeline awaiting approval, with another 55 lined up awaiting regulatory clearance; thus, the year 2025 is in the course of yet another record-breaking year in the IPO market for India. With tech giants and financial heavyweights in place, the platform is ready to allow investors another round of mega listings.