Beep, a new IPO is about to open for subscription starting tomorrow!
Who are all excited listening to this?
These days, you hear a lot about IPOs (Initial Public Offerings) making their entry to the public. Several IPOs are getting launched in the primary markets. These are diverse companies with different business scales (market capitalisations) planning to go public to meet their diverse business needs and aspirations. However, investors need to exercise caution when choosing among these IPOs.
So, with so many IPOs hitting the market, how do you separate the wheat from the chaff?
One way to navigate this dynamic landscape is to examine recently closed IPOs. This blog examines the performance of recently listed IPOs in 2025. It highlights the best and worst performers and provides insights to help you navigate this landscape.
So, let us get started.
A Strong Start To The Year: IPO Market Overview
The year 2025 has kicked off with a roar in the IPO market. It is carrying forward the momentum from the previous year (year 2024). Experts have suggested that primary market fundraising in 2025 might surpass a whopping ₹2 lakh crore!
Many companies from diverse sectors have filed draft offer letters with SEBI (Securities and Exchange Board of India). A few IPOs have already been approved, and others are awaiting the green light. This might signal strong investor interest and robust activity in the IPO space.
As the year 2025 began, we have already witnessed some impressive debuts. IPOs like Standard Price Lining and Indo Farm Equipment are notable among these, as they were listed well above their IPO prices, which rewarded early investors handsomely. On the other hand, some IPOs seem to have fizzled out. These IPO hits and misses remind us that the IPO market can be mixed.
Decoding Recent IPO Performance: The Hits And Misses
We can look at some specific examples of recent IPOs and their performance. These are as follows:
The following are the IPO high-flyers of 2025:
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Laxmi Dental Ltd
This IPO seemed to have created a frenzy. The news that it had been oversubscribed a staggering 112 times cheered the investors. Laxmi Dental is a dental products company. Investors seemed eager to invest in it. The strong oversubscription indicates robust demand and potentially significant listing gains.
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Standard Price Lining And Indo Farm Equipment
These IPOs also debuted with impressive listing gains. They demonstrated the potential for substantial returns in the IPO market.
With this, let us move to the IPO misses of 2025.
We can call these IPO misses—IPOs that missed the mark. This is because specific data on the worst-performing IPOs of 2025 is limited at this early stage. Therefore, it is crucial to remember that not all IPOs are created equal. You can open demat account and check out the recently opened IPOs in the mainboard and SME segments.
Factors that can influence IPO performance include:
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Company Fundamentals
A company’s financial health, growth prospects, and competitive positioning can be crucial factors in its IPO performance.
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Market Sentiment
Market conditions and investor sentiment can significantly impact IPO demand and listing gains potential.
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IPO Pricing
It is crucial to set the right IPO price. Overpriced IPOs may struggle to attract investors, while underpriced IPOs may leave the company with little profit.
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Industry Trends
The performance of a company’s industry sector can also influence investor interest in its IPO.
Stallion India Fluorochemicals IPO: A Closer Look
One IPO generating significant buzz in January 2025 is Stallion India Fluorochemicals Ltd.
The following are the details of this IPO:
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IPO Dates
The IPO opened for subscription on January 16th and closed on January 20th, with a tentative listing date of January 23rd.
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IPO Size
The IPO is valued at ₹199.45 crores, comprising a fresh issue of ₹160.73 crores and an offer for sale of ₹38.72 crores.
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Price Band
The price band was set between ₹85 and ₹90 per share.
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Minimum Investment
Retail investors could participate with a minimum investment of ₹14,850.
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Subscription Status
As of January 16th, the IPO was oversubscribed 2.11 times overall, with strong interest from retail and non-institutional investors.
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Grey Market Premium (GMP)
The GMP for Stallion India was reported at ₹48, indicating strong demand and a potential listing price of ₹138, a significant premium over the IPO price.
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Business Overview
Stallion India specialises in selling refrigerants, industrial gases, and related products. It serves diverse industries, such as semiconductors, automotive, and pharmaceuticals.
The following are the key takeaways from the IPO:
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Strong GMP
The high GMP suggested strong investor confidence in Stallion India’s prospects.
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Growing Industry
The fluorochemicals industry is experiencing growth, which could benefit Stallion India’s future performance.
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Strategic Use Of Funds
The company plans to use the IPO proceeds for working capital, capital expenditure, and general corporate purposes, focusing on expansion and growth.
Upcoming IPOs To Watch In January 2025
Stock market today seems to be flooded with prospective new entrants. Apart from Stallion India, here are two other upcoming IPOs that might be hits or misses. So, it can be worth keeping an eye on them.
These are as follows:
Capital Numbers Infotech
This SME IPO from a reputed IT engineering services provider is expected to be one of the biggest SME IPO launches of the year. It is scheduled to open for subscription on January 22nd.
Kabra Jewels
This SME IPO opened on January 15th and closed on January 17th. Kabra Jewels aims to raise ₹40 crore through a fresh share issue.
Investing In IPOs: Key Considerations
If you are considering investing in an IPO, some crucial factors must be remembered. These are as follows:
- You must thoroughly research the company’s financial performance, management team, business model, and growth prospects.
- Evaluating the industry’s overall health, trends, and competitive landscape is essential.
- You must carefully assess whether the IPO is priced reasonably compared to its peers and industry benchmarks.
- Understand that IPOs can be volatile investments. Before investing, consider your risk tolerance.
- Before investing, you can determine your investment timeframe. Are you looking for short-term gains or long-term growth? You can consider similar questions.
- To participate in IPOs, you must open a Demat account with a registered broker.
Conclusion
The IPO market in 2025 seems to be off to an exciting start. An investor’s IPO investing journey can be colourful, with a mix of high-flying successes and cautious reminders of the inherent risks. Therefore, you need to carefully evaluate the IPO company’s fundamentals, industry trends, and IPO valuation so that you can make informed investment decisions. IPOs are just one avenue for investment. Diversifying your portfolio across different asset classes is crucial for long-term financial success. Therefore, you can stay informed about upcoming IPOs, conduct thorough research, and consider looking at the IPO documents and news before making an IPO investing decision.