Closed IPOs in 2025

Closed IPOs in 2025
Get insights into IPOs that recently closed for subscription.
sme
+91
Allotment Date15 Sep 2025
Demat Transfer16 Sep 2025
Listing Date17 Sep 2025
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103.45x

subscribed

Allotment Date15 Sep 2025
Demat Transfer16 Sep 2025
Listing Date17 Sep 2025
ipo logo

62.68x

subscribed

Allotment Date15 Sep 2025
Demat Transfer16 Sep 2025
Listing Date17 Sep 2025
Allotment Date15 Sep 2025
Demat Transfer16 Sep 2025
Listing Date17 Sep 2025
Allotment Date15 Sep 2025
Demat Transfer16 Sep 2025
Listing Date17 Sep 2025
Allotment Date12 Sep 2025
Demat Transfer15 Sep 2025
Listing Date16 Sep 2025
Allotment Date12 Sep 2025
Demat Transfer15 Sep 2025
Listing Date16 Sep 2025
Allotment Date12 Sep 2025
Demat Transfer15 Sep 2025
Listing Date16 Sep 2025
Allotment Date12 Sep 2025
Demat Transfer15 Sep 2025
Listing Date16 Sep 2025

How to apply for IPOs on Upstox

Step 1

Go to www.upstox.com/ipo or open the Upstox mobile app and select the IPO you wish to apply for from the 'Open IPO' section

Step 2

Click on apply, enter the lot size, price and provide your UPI mandate.

Step 3

Approve the UPI mandate on your UPI app and you are all set!


Latest News on IPO

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The Danish brewer's India unit, Carlsberg India, had posted a 60.5% increase in FY24 profit to ₹323.1 crore. Its total income stood at ₹8,044.9 crore, reflecting a year-on-year (YoY) jump of 15.2% for the financial year ended March 31, 2024.

2 min read

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Urban Company IPO allotment status today: The entire offering consisted of a fresh issuance of 4.58 crore equity shares, amounting to ₹472 crore, and an offer-for-sale, or OFS, component of 13.86 crore shares valued at ₹1,428 crore. The price band was fixed at ₹98 to ₹103 per share.

3 min read

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Upcoming IPOs: Stock listings scheduled this week include Vashishtha Luxury Fashion, Nilachal Carbo Metalicks, Krupalu Metals, Taurian MPS, Karbonsteel Engineering, Shringar House of Mangalsutra, Urban Company, Dev Accelerator, Jay Ambe Supermarkets, Galaxy Medicare and Airfloa Rail Technology.

3 min read

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TechD Cybersecurity IPO: The initial share sale is solely a fresh issuance of 20,20,200 equity shares worth ₹38.99 crore. There is no offer-for-sale component.

3 min read

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Shringar House of Mangalsutra IPO allotment: The entire public offer was a fresh issuance of 2.43 crore shares, aggregating to ₹400.95 crore. It had a price band of ₹155 to ₹165 per share.

3 min read

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Dev Accelerator IPO allotment status today: The initial share sale was just a fresh issuance of 2.35 crore shares, aggregating to ₹143.35 crore. The price range was set at ₹56 to ₹61 per share.

3 min read

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VMS TMT IPO: The initial share sale is exclusively a fresh issuance of 1,50,00,000 shares aggregating to ₹148.50 crore. There is no offer for sale (OFS) component.

3 min read

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Tata Capital IPO: The International Finance Corporation (IFC), the private sector arm of the World Bank Group, partnered with Tata Capital in 2011 to establish Tata Cleantech Capital Ltd (TCCL).

3 min read

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The fundraising will help companies meet capital expenditure requirements, finance expansion plans, repay borrowings, and cover general corporate purposes.

4 min read

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Urban Company IPO allotment: The company moved to the capital markets to raise ₹1,900 crore by issuing new equity shares valued at ₹472 crore as well as an offer for sale of ₹1,428 crore.

3 min read

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The Dev Accelerator IPO concluded on Friday after three days of bidding, with retail investors showing the strongest interest in the issue

4 min read

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Urban Company IPO day 3: The initial share sale is looking to raise ₹1,900 crore by issuing 4.58 crore new shares worth ₹472 crore and an offer for sale of ₹1,428 crore.

3 min read

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Shringar House of Mangalsutra IPO, with a price band of ₹155 to ₹165 per share, is a fresh issuance of 24,300,000 equity shares totalling ₹401 crore, with no offer for sale (OFS) component.

3 min read

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Dev Accelerator IPO: The issue is solely a fresh issuance of 2.35 crore shares aggregating to ₹143.35 crore. There is no offer for sale (OFS) component.

3 min read

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The category for Retail Individual Investors (RIIs) fetched the highest booking with a subscription of 59.31 times, while the quota for non-institutional investors received 15.36 times subscription.

3 min read

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Shringar House of Mangalsutra IPO: The Mumbai-based company's initial public offering seeks to raise ₹400.95 crore solely by offering 2.43 crore new shares.

3 min read

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Urban Company IPO is aiming to raise ₹1,900 crore by offering new shares worth ₹472 crore and an offer for sale (OFS) of ₹1,428 crore.

3 min read

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Tata Capital IPO will be a mix of a fresh issuance of up to 21 crore shares and an offer for sale (OFS) of up to 26.58 crore shares, totalling 47.58 crore shares.

2 min read

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Airfloa Rail Technology IPO: The initial public offering is a fresh issuance of 65,07,000 shares aggregating to ₹91.10 crore. There is no offer for sale component.

3 min read

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Cotec Healthcare IPO is a fresh issuance of shares valued at ₹295 crore and an offer for sale of 6,000,000 shares, according to the draft red herring prospectus (DRHP).

2 min read

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Urban Company IPO: The ₹1,900 crore initial public offering aims to raise ₹472 crore through the issuance of new equity shares and ₹1,428 crore via the offer for sale component.

2 min read

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Austere Systems IPO allotment finalised: The initial public offering sought to raise ₹15.57 crore through fresh issuance of 28,30,000 shares without an offer for sale (OFS) component.

3 min read

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While retail Individual Investors (RIIs) subscribed 7 times, the non-institutional investors category received 4.16 times the bids. The Qualified Institutional Buyers (QIBs) portion fetched 1.31 times the subscription.

3 min read

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The Urban Company (formerly UrbanClap) IPO was fully subscribed on its first day, receiving a strong response with a subscription of 3.13 times on Wednesday.

4 min read

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Dev Accelerator IPO is purely a fresh issue of 23,500,000 equity shares aggregating to ₹143 crore. The capital raised will be used for "fit-outs" in the new centres and their security deposits, corporate general purposes and debt repayment.

3 min read


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IPO section is awesome now.
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I have been using Upstox for the past three years, and it is the best app for investing. I have secured around 10 to 15 IPOs since last year, starting from Tata Technologies to Vishal Mega Mart.
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What are closed IPOs?

Closed IPOs refer to the initial public offerings that have closed for subscription and are not listed yet on the exchanges. This means investors can no longer bid for shares directly. After the closure of the IPO bidding process, the company assesses the demand based on subscription figures and finalises share allotments. Successful investors are allotted shares while refunds are initiated to unsuccessful bidders. The company then prepares for its debut on the stock exchanges like the NSE and BSE. After listing, the stock is openly traded on the exchanges. The investors can check key details about closed IPOs 2025 via online trading platforms like the Upstox app. Important details like IPO dates, subscription numbers, offer size and price band can be checked on the Upstox app.

What happens after an IPO closes?

Once an IPO closes, the company moves into the share allotment stage, where shares are distributed to applicants. After finalising the IPO allotment status, the company processes refunds for unsuccessful bidders. The shares are transferred to the Demat accounts of the allottees. Then the stock gets listed on the NSE and BSE as per the scheduled listing date. The SME IPOs get listed on the respective BSE SME or NSE Emerge platforms. Investors can begin trading the shares after they are listed on the exchanges. The IPO’s transition from subscription to trading marks its integration into the broader financial market, offering investors opportunities to track its stock performance and plan future investments.

Frequently asked questions

When can I check the allotment status of a closed IPO?

The allotment status of closed IPOs can be checked on Upstox’s IPO webpage. Once the IPO subscription period ends, investors can access IPO share allotment details via the issue registrar’s website, stock exchanges, or online trading platforms like Upstox. The allotment status can also be checked through the Upstox app. Usually, IPO allotment is done a day after the issue closes for bidding.

Can I still invest in a closed IPO?

No, you cannot invest in a closed IPO. Once the IPO’s subscription window closes, you must wait for the shares to be listed on the stock exchanges to buy directly at the prevailing market price. The listing price may vary from the initial offer price, influenced by market conditions and several other factors. By examining IPO subscription details and the performance of past IPOs, investors can gain insights into closed IPOs, helping them strategise for upcoming investments.

What happens after an IPO closes?

After an IPO closes, the allotment process begins, and shares are distributed based on the subscription. Refunds for unsuccessful applications are initiated, and the company prepares for listing on stock exchanges. Investors can track IPO history and the performance of closed IPOs to evaluate trends and plan future investments. The listing price of the IPO may differ from the offer price due to market trends.

Can I still buy shares of a closed IPO?

You cannot buy shares in a closed IPO directly. However, once the IPO is listed on the stock exchanges, the shares become available for trading. These shares may trade at a premium or discount compared to the IPO price. You can buy shares directly through trading on the stock exchanges at the current market price of the shares. Unlike the maximum bidding limit in the IPO, you can buy any quantity of equity stocks of the closed IPOs.
Other IPO Links
  1. Closed IPOs