IPOs in September 2025

September 2025 had 53 IPOs: 17 mainboard and 36 SME.

Of the 53 that have listed, the average listing gain was +12.1%, and 33 listed above the issue price.

Mainboard IPOs in September 2025

  • Anlon Healthcare — ₹86–91 · listed 3 Sept 2025 · subscribed 7.12× · listing gain +1.1%
  • Vikran Engineering — ₹92–97 · listed 3 Sept 2025 · subscribed 24.87× · listing gain +2.1%
  • Amanta Healthcare — ₹120–126 · listed 9 Sept 2025 · subscribed 82.60× · listing gain +7.1%
  • Shringar House of Mangalsutra — ₹155–165 · listed 17 Sept 2025 · subscribed 60.31× · listing gain +14.2%
  • Urban Co. — ₹98–103 · listed 17 Sept 2025 · subscribed 108.96× · listing gain +57.5%
  • Dev Accelerator — ₹56–61 · listed 17 Sept 2025 · subscribed 64.00× · listing gain +0.0%
  • Euro Pratik Sales — ₹235–247 · listed 23 Sept 2025 · subscribed 1.41× · listing gain +10.2%
  • VMS TMT — ₹94–99 · listed 24 Sept 2025 · subscribed 102.24× · listing gain +6.0%
  • Ivalue Infosolutions — ₹284–299 · listed 25 Sept 2025 · subscribed 1.82× · listing gain -4.7%
  • Saatvik Green Energy — ₹442–465 · listed 26 Sept 2025 · subscribed 6.92× · listing gain +0.0%
  • GK Energy — ₹145–153 · listed 26 Sept 2025 · subscribed 93.58× · listing gain +11.8%
  • Atlanta Electricals — ₹718–754 · listed 29 Sept 2025 · subscribed 72.08× · listing gain +13.7%
  • Ganesh Consumer Products — ₹306–322 · listed 29 Sept 2025 · subscribed 2.68× · listing gain -8.1%
  • Jaro Institute — ₹846–890 · listed 30 Sept 2025 · subscribed 23.20× · listing gain +0.0%
  • Anand Rathi Share — ₹393–414 · listed 30 Sept 2025 · subscribed 21.80× · listing gain +4.3%
  • Seshaasai Technologies — ₹402–423 · listed 30 Sept 2025 · subscribed 69.62× · listing gain +2.1%
  • Solarworld Energy Solutions — ₹333–351 · listed 30 Sept 2025 · subscribed 68.49× · listing gain +10.7%

SME IPOs in September 2025

  • Anondita Medicare (SME) — ₹137–145 · listed 1 Sept 2025 · subscribed 300.89× · listing gain +90.0%
  • Shivashrit Foods (SME) — ₹135–142 · listed 1 Sept 2025 · subscribed 2.89× · listing gain +4.6%
  • Classic Electrodes (SME) — ₹82–87 · listed 1 Sept 2025 · subscribed 179.88× · listing gain +14.9%
  • Globtier Infotech (SME) — ₹72 · listed 2 Sept 2025 · subscribed 1.34× · listing gain -20.0%
  • NIS Management (SME) — ₹105–111 · listed 2 Sept 2025 · subscribed 3.13× · listing gain -2.7%
  • Sattva Engineering Construction (SME) — ₹70–75 · listed 3 Sept 2025 · subscribed 198.17× · listing gain +26.8%
  • Current Infraprojects (SME) — ₹76–80 · listed 3 Sept 2025 · subscribed 379.44× · listing gain +90.0%
  • Oval Projects Engineering (SME) — ₹80–85 · listed 4 Sept 2025 · subscribed 1.61× · listing gain +0.3%
  • Snehaa Organics (SME) — ₹115–122 · listed 5 Sept 2025 · subscribed 27.75× · listing gain +0.0%
  • Sugs Lloyd (SME) — ₹117–123 · listed 5 Sept 2025 · subscribed 3.23× · listing gain -2.5%
  • Abril Paper Tech (SME) — ₹61 · listed 5 Sept 2025 · subscribed 11.15× · listing gain -20.0%
  • Rachit Prints (SME) — ₹140–149 · listed 8 Sept 2025 · subscribed 1.97× · listing gain -20.0%
  • Goel Construction (SME) — ₹250–263 · listed 9 Sept 2025 · subscribed 124.34× · listing gain +15.0%
  • Optivalue Tek Consulting (SME) — ₹80–84 · listed 10 Sept 2025 · subscribed 64.45× · listing gain +23.3%
  • Sharvaya Metals (SME) — ₹192–196 · listed 12 Sept 2025 · subscribed 4.83× · listing gain +11.7%
  • Austere Systems (SME) — ₹52–55 · listed 12 Sept 2025 · subscribed 1076.99× · listing gain +37.4%
  • Vigor Plast (SME) — ₹77–81 · listed 12 Sept 2025 · subscribed 3.88× · listing gain +4.9%
  • Vashishtha Luxury Fashion (SME) — ₹109–111 · listed 15 Sept 2025 · subscribed 2.18× · listing gain +6.3%
  • Karbonsteel Engineering (SME) — ₹151–159 · listed 16 Sept 2025 · subscribed 76.59× · listing gain +16.4%
  • Nilachal Carbo Metalicks (SME) — ₹85 · listed 16 Sept 2025 · subscribed 5.05× · listing gain -20.0%
  • Krupalu Metals (SME) — ₹72 · listed 16 Sept 2025 · subscribed 1.20× · listing gain -20.0%
  • Taurian MPS (SME) — ₹162–171 · listed 16 Sept 2025 · subscribed 11.69× · listing gain +17.0%
  • Jay Ambe Supermarkets (SME) — ₹74–78 · listed 17 Sept 2025 · subscribed 64.13× · listing gain +1.3%
  • Galaxy Medicare (SME) — ₹51–54 · listed 17 Sept 2025 · subscribed 1.83× · listing gain +0.0%
  • Airfloa Rail Technology (SME) — ₹133–140 · listed 18 Sept 2025 · subscribed 301.52× · listing gain +90.0%
  • L.T.Elevator (SME) — ₹76–78 · listed 19 Sept 2025 · subscribed 182.95× · listing gain +74.5%
  • TechD Cybersecurity Limited (SME) — ₹183–193 · listed 22 Sept 2025 · subscribed 718.30× · listing gain +90.0%
  • Sampat Aluminium (SME) — ₹114–120 · listed 24 Sept 2025 · subscribed 169.09× · listing gain +0.0%
  • JD Cables (SME) — ₹144–152 · listed 25 Sept 2025 · subscribed 127.78× · listing gain +5.3%
  • Siddhi Cotspin (SME) — ₹102–108 · listed 26 Sept 2025 · subscribed 3.99× · listing gain -20.0%
  • Prime Cable Industries (SME) — ₹78–83 · listed 29 Sept 2025 · subscribed 8.28× · listing gain -2.4%
  • Matrix Geo Solutions (SME) — ₹98–104 · listed 30 Sept 2025 · subscribed 7.69× · listing gain -0.1%
  • True Colors (SME) — ₹181–191 · listed 30 Sept 2025 · subscribed 45.46× · listing gain +0.0%
  • Ecoline Exim (SME) — ₹134–141 · listed 30 Sept 2025 · subscribed 6.06× · listing gain -0.1%
  • BharatRohan Airborne Innovations (SME) — ₹80–85 · listed 30 Sept 2025 · subscribed 10.07× · listing gain +5.9%
  • Aptus Pharma (SME) — ₹65–70 · listed 30 Sept 2025 · subscribed 22.27× · listing gain +15.4%

Best listing gains in September 2025

Weakest listings in September 2025

← IPOs in August 2025 · IPOs in October 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.