IPO listing gains 2025: how every IPO listed

376 IPOs listed in 2025 listed +10.4% on average, 63% of them above the issue price. Mainboard and SME compared, with every IPO's listing price.

  • All IPOs: 376 IPOs, average listing gain +10.4%, 63% listed above the issue price, average subscription 74.9×.
  • Mainboard: 108 IPOs, average listing gain +9.0%, 68% listed above the issue price, average subscription 49.2×.
  • SME: 268 IPOs, average listing gain +11.0%, 60% listed above the issue price, average subscription 85.2×.

Mainboard and SME IPOs behave very differently, so averages that mix them are misleading. Past listings do not predict future ones.

Every IPO that listed in 2025

SME vs mainboard IPOs · Today’s 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.