IPOs in March 2025

March 2025 had 12 IPOs: 0 mainboard and 12 SME.

Of the 12 that have listed, the average listing gain was -5.7%, and 3 listed above the issue price.

SME IPOs in March 2025

  • Beezaasan Explotech (SME) — ₹165–175 · listed 3 Mar 2025 · subscribed 5.43× · listing gain -16.6%
  • Nukleus Office Solutions (SME) — ₹234 · listed 4 Mar 2025 · subscribed 1.29× · listing gain -20.0%
  • Shreenath Paper (SME) — ₹44 · listed 5 Mar 2025 · subscribed 1.85× · listing gain -20.0%
  • Balaji Phosphates (SME) — ₹66–70 · listed 7 Mar 2025 · subscribed 1.21× · listing gain +7.1%
  • NAPS Global India (SME) — ₹90 · listed 11 Mar 2025 · subscribed 1.19× · listing gain +20.0%
  • PDP Shipping & Projects (SME) — ₹135 · listed 18 Mar 2025 · subscribed 1.01× · listing gain -19.8%
  • Super Iron Foundry (SME) — ₹108 · listed 19 Mar 2025 · subscribed 1.56× · listing gain -0.0%
  • Divine Hira Jewellers (SME) — ₹90 · listed 24 Mar 2025 · subscribed 3.91× · listing gain +0.0%
  • Paradeep Parivahan (SME) — ₹93–98 · listed 24 Mar 2025 · subscribed 1.78× · listing gain -20.0%
  • Grand Continent Hotels (SME) — ₹107–113 · listed 27 Mar 2025 · subscribed 1.79× · listing gain -0.1%
  • Rapid Fleet (SME) — ₹183–192 · listed 28 Mar 2025 · subscribed 1.65× · listing gain +1.6%
  • Active Infrastructures (SME) — ₹178–181 · listed 28 Mar 2025 · subscribed 1.05× · listing gain +0.0%

Best listing gains in March 2025

Weakest listings in March 2025

← IPOs in February 2025 · IPOs in April 2025 →

IPO listing gains 2025 · IPO calendar · Upcoming IPOs

Information, not investment advice. GMP is an unofficial grey-market indicator; figures come from public sources (InvestorGain) and may be late or wrong. Not registered with or affiliated to SEBI, the exchanges, the registrars or InvestorGain.