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India's stock market is buzzing in 2025 with more than 90 companies aiming to raise ₹1 trillion. Prominent IPOs have shown impressive performances.
India's stock market has been buzzing in 2025, with many companies going public and raising big money through mainboard IPOs. Over 90 companies are planning to raise nearly ₹1 trillion this year, which shows how active and confident businesses are about growth.
Here are 10 mainboard IPOs that have caught attention this year based on their performance so far.
(The numbers mentioned here are noted on April 25th, 2025)
This company, which builds high-tech engineering solutions, got listed on January 14 with a price of ₹290. The stock has shot up to ₹568.20, almost doubling in value. It’s been one of the strongest debut stories of the year.
Stallion India, a chemical manufacturer, opened at ₹90 on January 23. Its shares have grown to ₹97.62, delivering a steady 8.47% return. The company makes chemicals used across various industries, which helps explain the stable interest.
This company, which builds corrosion-proof equipment, started trading on January 13 at ₹140. The stock has climbed to ₹157.10, showing a 12.21% gain. It’s a smaller name but has made a solid start.
Known for its chain of eye hospitals, Dr. Agarwal’s listed at ₹402 on February 4. Its stock has inched up to ₹425.05. The 5.73% gain may not be huge, but healthcare continues to be a strong sector.
This water infrastructure company began trading on January 29 at ₹294. Its shares have gone up to ₹310.20, gaining about 5.5%. Companies working in water and sanitation often get attention due to long-term government support.
Laxmi Dental got listed on January 20 at ₹428 and has barely moved since, trading at ₹429.60. The growth is just 0.37%, but the company operates in a niche space that doesn’t see much competition.
This infrastructure trust entered the market on January 17 at ₹99 and is now at ₹99.08. The gain is less than 1%, but trusts like these are mostly aimed at long-term income rather than short-term price jumps.
The agricultural machinery maker was listed on January 7 at ₹215. The stock has slipped to ₹202.55, down 5.79%. Farming-related stocks can be a bit of a rollercoaster depending on monsoon trends and rural demand.
This IT services company joined the market on February 19, listing at ₹745.50. The stock has seen stable interest thanks to its strong base in digital and software services, even though its price hasn’t moved much.
Ajax, a construction equipment maker, listed at ₹576 on February 17 but has dropped 8.43%. Competition in this space is high, and the company’s performance so far reflects that challenge.
These IPOs show how different sectors are performing this year—from healthcare and technology to chemicals and infrastructure. While some stocks have taken off, others are still finding their footing. As always, stock prices go up and down, and it’s smart to look at the bigger picture before making any bets.4
