Upcoming IPOs in 2025: DRHP Filed Companies to Watch Out For!

Several companies have filed their DRHP with SEBI, signaling a strong IPO lineup for 2025. From Imagine Marketing to Veritas Finance, this blog covers key filings, issue sizes, and current statuses to keep you ahead in the IPO game.

Upcoming IPOs in 2025: DRHP Filed Companies to Watch Out For!

The Indian IPO Market in 2025 will witness high activity with several newly filed (Draft Red Herring Prospectus) DRHPs from promising enterprises.

The Indian IPO market remains lively in its transition into the second quarter of 2025. Numerous companies representing various industrial sectors have begun their transformation into public entities after submitting their Draft Red Herring Prospectus (DRHP) documentation to SEBI along with BSE/NSE stock exchanges.

A recent update presents the latest DRHP filers, which will bring upcoming IPOs into the market soon. 

How DRHP Filing Works:

  • SEBI needs approximately thirty days to review a submission of Draft Red Herring Prospectus filed by companies.
  • The status can be:
    • Filed with SEBI (Under review)
    • SEBI Approval Received
    • The modified details of the DRHP are presented through an addendum submission.
    • The company chose to withdraw its Document Offer (the IPO is currently not proceeding).

Highlighted Upcoming IPOs from Recent DRHP Filings with SEBI:

Issuer Company

Last Updated


DRHP status


Issue Size* (Rs Cr.)

Exchange

Imagine Marketing Limited IPO

Apr 08, 2025

Filed with SEBI


BSE, NSE

SIS Cash Services Limited IPO

Apr 08, 2025

Filed with SEBI


BSE, NSE

ESDS Software Solution Limited IPO

Apr 04, 2025

Filed with SEBI


BSE, NSE

Park Medi World Limited IPO

Apr 03, 2025

Filed with SEBI

1,260.00

BSE, NSE

Runwal Enterprises Limited IPO

Apr 03, 2025

Filed with SEBI

1,000.00

BSE, NSE

Sai Infinium Limited IPO

Apr 03, 2025

Filed with SEBI


BSE, NSE

Pace Digitek Limited IPO

Apr 03, 2025

Filed with SEBI

900.00

BSE, NSE

GK Energy Limited IPO

Apr 03, 2025

SEBI approval received


BSE, NSE

Patel Retail Limited IPO

Apr 03, 2025

Filed with SEBI


BSE, NSE

Gujarat Kidney And Super Speciality Limited IPO

Apr 02, 2025

Filed with SEBI


BSE, NSE

Advance Agrolife Limited IPO

Apr 02, 2025

Filed with SEBI


BSE, NSE

Ardee Engineering Limited IPO

Apr 01, 2025

Filed with SEBI

0.56

BSE, NSE

Prozeal Green Energy Limited IPO

Apr 01, 2025

Filed with SEBI

700.00

BSE, NSE

Swastika Infra Limited IPO

Apr 01, 2025

Filed with SEBI


BSE, NSE

Vikram Solar Limited IPO

Mar 27, 2025

Addendum to DRHP


BSE, NSE

Saatvik Green Energy Limited IPO

Mar 19, 2025

Filed with SEBI

1,150.00

BSE, NSE

Innovision Limited IPO

Mar 12, 2025

SEBI approval received


BSE, NSE

ArMee Infotech Limited IPO

Mar 06, 2025

Filed with SEBI

300.00

BSE, NSE

Excelsoft Technologies Limited IPO

Mar 06, 2025

Filed with SEBI

700.00

BSE, NSE

Pranav Constructions Limited IPO

Mar 04, 2025

Filed with SEBI


BSE, NSE

MEIR Commodities India Limited IPO

Mar 03, 2025

Filed with SEBI


BSE, NSE

Advanced Sys-tek Limited IPO

Feb 27, 2025

Offer document withdrawn


BSE, NSE

SFC Environmental Technologies Limited IPO

Feb 27, 2025

Offer document withdrawn


BSE, NSE

Anlon Healthcare Limited IPO

Feb 26, 2025

Filed with SEBI


BSE, NSE

M&B Engineering Limited IPO

Feb 24, 2025

Filed with SEBI

650.00

BSE, NSE

CIEL HR Services Limited IPO

Feb 24, 2025

Addendum to DRHP


BSE, NSE

Innovatiview India Limited IPO

Feb 17, 2025

Filed with SEBI

2,000.00

BSE, NSE

SeedWorks International Limited IPO

Feb 17, 2025

Filed with SEBI


BSE, NSE

Rite Water Solution Limited IPO

Feb 13, 2025

Filed with SEBI

745.00

BSE, NSE

Fujiyama Power Systems Limited IPO

Feb 12, 2025

Offer document withdrawn


BSE, NSE

Glottis Limited IPO

Feb 10, 2025

Filed with SEBI


BSE, NSE

Amanta Healthcare Limited IPO

Feb 10, 2025

Filed with SEBI


BSE, NSE

Atlanta Electricals Limited IPO

Feb 07, 2025

Filed with SEBI


BSE, NSE

Veeda Clinical Research Limited IPO

Feb 07, 2025

Filed with SEBI


BSE, NSE

WeWork India Management Limited IPO

Feb 04, 2025

Filed with SEBI


BSE, NSE

Prostarm Info Systems Limited IPO

Feb 04, 2025

Addendum to DRHP


BSE, NSE

Shreeji Shipping Global Limited IPO

Jan 30, 2025

Filed with SEBI


BSE, NSE

Gaudium IVF and Women Health Limited IPO

Jan 29, 2025

Filed with SEBI


BSE, NSE

Epack Prefab Technologies Limited IPO

Jan 28, 2025

Filed with SEBI


BSE, NSE

Dorf-Ketal Chemicals India Limited IPO

Jan 27, 2025

Filed with SEBI

5,000.00

BSE, NSE

Karamtara Engineering Limited IPO

Jan 27, 2025

Filed with SEBI

1,750.00

BSE, NSE

Kent R O Systems Limited IPO

Jan 23, 2025

Filed with SEBI


BSE, NSE

Lumino Industries Limited IPO

Jan 23, 2025

Filed with SEBI

1,000.00

BSE, NSE

Vinir Engineering Limited IPO

Jan 22, 2025

Filed with SEBI


BSE, NSE

Shanti Gold International Limited IPO

Jan 22, 2025

Filed with SEBI


BSE, NSE

Veritas Finance Limited IPO

Jan 21, 2025

Filed with SEBI

2,800.00

BSE, NSE

Vidya Wires Limited IPO

Jan 16, 2025

Filed with SEBI


BSE, NSE

Jesons Industries Limited IPO

Jan 14, 2025

Filed with SEBI


BSE, NSE

Sunshine Pictures Limited IPO

Jan 10, 2025

Filed with SEBI


BSE, NSE

Caliber Mining and Logistics Limited IPO

Jan 09, 2025

Filed with SEBI

600.00

BSE, NSE

Sri Lotus Developers And Realty Limited IPO

Jan 06, 2025

Filed with SEBI

729.00

BSE, NSE

Anthem Biosciences Limited IPO

Jan 06, 2025

Filed with SEBI

3,395.00

BSE, NSE

Regaal Resources Limited IPO

Jan 06, 2025

Filed with SEBI


BSE, NSE

Rajputana Stainless Limited IPO

Jan 06, 2025

Filed with SEBI


BSE, NSE

Mangal Electrical Industries Limited IPO

Jan 06, 2025

Filed with SEBI

450.00

BSE, NSE

Earthood Services Limited IPO

Jan 06, 2025

Filed with SEBI


BSE, NSE

Neelkanth Realtors Limited IPO

Jan 02, 2025

Filed with SEBI


BSE, NSE

Seshaasai Technologies Limited IPO

Jan 01, 2025

Filed with SEBI


BSE, NSE

Neilsoft Limited IPO

Jan 01, 2025

Filed with SEBI


BSE, NSE

Ajay Poly Limited IPO

Jan 01, 2025

Filed with SEBI


BSE, NSE

Pro Tip for Investors:

Keep checking the SEBI updates or IPO listing websites like IPOji.com to stay updated on:

  • DRHP to RHP status
  • Price band and lot size
  • GMP (Grey Market Premium)
  • Allotment status and listing gains

The IPO staging in 2025 looks highly promising as above 50 companies have formed queues for funding upto ₹5,000 Cr.

Planning to apply?

Make sure your demat account is active, check if you qualify under any special quotas (like shareholder or employee), and stay updated on DRHP status and listing timelines to make smarter IPO investment decisions.