Upcoming IPOs this week: More than 15 companies launching public issues; HDB Financial, Ellenbarrie Industrial Gases, Abram Food on the list

Upcoming IPO, motherboard IPO, SME IPO: The domestic primary market will be underway during a busy and turbulent week as several companies will launch their initial public offerings (IPOs) between June 23 and June 27, 2025. During this period, subscriptions to motherboard and SME issues will be open to represent a variety of areas such as financial services, infrastructure, technology, manufacturing and electric motor bodies.

The most prominent of these is HDB Financial Services, which plans to raise Rs 12.5 crore through its public issues, one of the largest and most anticipated products of the year to date. In addition, several other companies, including Kalpataru, Ellenbarrie Industrial Gas and a group of SME players, are preparing to draw on investor interests through IPOs.

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

HDB Financial Services IPO

HDB Financial Services is one of the most anticipated IPOs of the week, with the service opening its public offering from June 25 to June 27. The product is designed to raise a price of Rs 125 billion, with the band price ranging between Rs 700 and Rs 740. Key players in the non-bank financial services sector may list BSE and NSE stocks on BSE and NSE and will be listed on Wednesday, July 2, 2025, July 2, 2025, 2025, 2025, 2025, 2025, 2025, 2025, 2025, 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: French KMT Paribas, JM Financial, Bofa Securities India, Goldman Sachs India, HSBC Securities and Capital Markets, IIFL Capital Services, Jefferies India, Morgan Stanley India, Motilal Oswal Investment Advisors, Nomura Financial Advisory and Nomura Financial Advisory and Securities India, Nuvama Wealth 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 15,900 crore. The company’s stock price ranges from Rs 387 to Rs 414. Stocks will be listed on BSE and NSE.

• Kalpataru Limited IPO listing date: Estimated July 1, 2025 for 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 Consulting

Ellenbarrie Industrial Gas IPO

Also opening from June 24 to June 26, Ellenbarrie Industrial Gas is entering the public market with an issuance of Rs 8,525.3 crore. The price band is fixed between Rs 380 and Rs 400.

• Ellenbarrie Industrial Gas IPO Date: Temporarily scheduled for July 1, 2025 on BSE and NSE
• Ellenbarrie Industrial Gas IPO Registrar: KFIN Technologies Ltd
• Ellenbarrie Industrial Gas IPO BRLMS: Motilal Oswal Investment Advisor, IIFL Capital Services and JM Financial

SAMBHV Steel Pipe IPO

SAMBHV Steel Tubes will launch its IPO from June 25 to June 27, offering its shares at a price of Rs 77 to Rs 82. The company’s total issuance is Rs 54 billion. The company’s shares will be listed on BSE and NSE.

• SAMBHV Steel Pipe IPO Date: Expected on July 2, 2025 on BSE and NSE
• SAMBHV Steel Pipe IPO Registrar: KFIN Technologies Ltd
• SAMBHV Steel Pipe IPO BRLMS: Nuvama Wealth Management and Motilal Oswal Investment Advisor

Globe Civil Project IPO

Globe Civil Project will open its Rs 1,19 crore IPO from June 24 to June 26. The stock price ranges from Rs 67 to Rs 71. Infrastructure Development Corporation aims to raise funds for ongoing and future civil engineering projects. BSE and NSE will list civilian stocks on Earth.

• Globe Civil Project IPO Date: Estimated July 1, 2025 for BSE and NSE
• Globe Civil Project IPO Registrar: KFIN Technologies Ltd
• Globe Civil Project IPO BRLM: MEFCOM Capital Market

Indogulf Crop IPO

Indogulf Cropsciences will launch its IPO from June 26 to June 30. While the price band and release size have not been announced, the company will list its shares on BSE and NSE.

• Indogulf croppsciences IPO listing date: Expected on July 3, 2025, BSE and NSE
• Indogulf Crop IPO Registrar: BigShare Services Pvt Ltd
• Indogulf Crop IPO BRLM: Systematix Corporate Services Ltd

AJC Jewelry Manufacturer SME IPO

In the SME list, AJC jewelry manufacturer will open its Rs 1.459 crore IPO from June 23 to June 26. The price band is set at Rs 90 to Rs 95. Specializing in jewelry manufacturing, the company will debut on the BSE SME platform.

• AJC Jewelry Manufacturer IPO Date: Expected on the BSE SME platform on July 1, 2025
• AJC Jewelry Manufacturer IPO Registrar: BigShare Services Pvt Ltd
• AJC Jewelry Manufacturer IPO BRLM: Smart Horizon Capital Consultant

Abram Food SME IPO

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

• Abram Foods IPO Date: Expected on the BSE SME platform on July 1, 2025
• Abram Food IPO Registrar: KFIN Technologies Ltd
• Abram Food IPO BRLM: Company manufacturer Capital Ltd

Icon facilitator SME IPO

It is also planned to issue shares within the band from June 24 to June 26. The company aims to raise Rs 18.15 crore. Its inventory listing is planned to be conducted on the BSE SME platform.

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

Shri Hare-Krishna SME IPO in Sponge Iron

Shri Hare-Krishna Sponge Iron Company will launch its IPO from June 24 to June 26. The issuance price of Rs 28.39 crore for Rs 56 to Rs 59. The company will list sponge iron production on NSE SME Exchange.

• Shri Hare -krishna Sponge IPO Date: Expected on the BSE SME platform on July 1, 2025
• Shri Hare -krishna Sponge IPO Registrar: KFIN Technologies Ltd
• Shri Hare -krishna Sponge 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 range of Rs 81 to Rs 86. The company aims to raise Rs 42.16 crore. SunTech operates in the construction and engineering sectors and will be listed on NSE SME.

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

Supertech EV IPO

The company will start its initial public offering from June 25 to June 27, with a price of Rs 87 to Rs 92, and the company plans to raise Rs 2.839 crore. It will be listed on the BSE SME

• Supertech EV IPO Date: Expected on July 2, 2025 on the BSE SME platform
• Supertech EV IPO Registrar: Skyrim Financial Services Private Co., Ltd.
• Supertech EV IPO BRLM: Company manufacturer Capital Ltd

Pro FX Tech SME IPO

The Pro FX Tech, which opened from June 26 to June 30, will raise Rs 3,821 crore through an IPO priced between Rs 82 and Rs 87. The company’s shares will be listed on the NSE SME platform.

Pro FX Tech IPO launch 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 4,649 crore at a price of Rs 95 to Rs 110. It will list its stocks on BSE SME.

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

Ace Alpha Tech SME IPO

Ace Alpha Tech is also scheduled to be priced at Rs 47.15 crore from June 26 to June 30, with a stock price ranging from Rs 101 to Rs 107. This listing will be conducted on BSE SME.

• ACE Alpha Tech IPO listing date: Expected on the BSE SME platform on July 3, 2025
• Ace Alpha Tech IPO Registrar: KFIN Technologies Ltd

Mobile Media Entertainment SME IPO

Moving Media Entertainment’s IPO will be held from June 26 to June 30. The company will be listed on NSE SME. However, pricing and issuance dimensional details are yet to be disclosed. The company operates in the digital media and content production sectors.

• Mobile Media Entertainment IPO listing date: Temporarily expected to be on the NSE SME platform on July 3, 2025

Neetu Yoshi SME IPO

Neetu Yoshi Limited will open its IPO from June 27 to July 1. The listing of BSE SMEs has been confirmed, but so far, the issuance scale and pricing have not been announced.

• Neetu Yoshi IPO listing date: Expected to be on the BSE SME platform on July 4, 2025
• Neetu Yoshi IPO Registrar: Skyrim Financial Services Private Co., Ltd.
• Neetu Yoshi IPO BRLM: Horizon Management Private Limited