Top performing IPOs in India 2025 : For IPOs, the year 2025 has been an overall happy and sweet situation. A total of 107 mainboard IPOs have been listed so far in the year 2025. Out of which 56 share prices are trending above their IPO price band, while 51 share prices are trading below the IPO issue price. In simple terms, around 48 percent of IPOs so far have given negative returns.
In the year 2025, five IPOs have seen an increase of 77 to 135 percent (IPO Market Return) compared to their issue price. While there are five IPOs, investors have suffered losses ranging from 39 to 52 percent. Here are the top 5 IPOs of 2025 with highest returns and losses.
Best Top 5 IPOs In 2025 : The best 5 IPOs of 2025
Aditya Infotech : Aditya Infotech
Aditya Infotech was listed on the stock market on August 5, 2025. The upper price band of the IPO was Rs 675. The stock closed at Rs 1083 on the day of listing. That is, the stock rose by almost 60 percent on the day of listing. On December 31, 2025, the BSE share price of this company was around Rs 1500. Thus, the IPO investors in Aditya Infotech’s shares have received a return of 127 percent.
Stallion India Fluorochemicals : Stallion India Fluorochemicals
Shares of Stallion India Fluorochemicals were listed on the stock market on January 23, 2025. The IPO issue price was 90 rupees. On the day of listing, the share closed at Rs 126. That is, on the day of listing, the stock returned about 40 percent. Today the price of this stock on BSE is Rs 240. Which represents an increase of 90 percent over the IPO issue price.
Ather Energy
Aether Energy shares were listed on the stock market on May 6, 2025. The upper price band for the IPO was Rs 321, while it closed at Rs 302 on the listing day. That is, on the day of listing, the share price fell by about 6 percent. Currently, the price of this share is 750 rupees. Thus the IPO investors have got a return of 150 percent.
Meesho Ltd
Shares of Meesho Limited were listed on the stock market on December 10, 2025. The issue price of the IPO was Rs 111, while the share closed at Rs 170 on the day of listing. That is, on the day of listing, the IPO shareholders got a listing gain of about 53 percent. The stock hit a high of Rs 254 on December 18. However, it has continuously decreased since then. Meesho Ltd is currently trading at Rs 184 on BSE, representing a 77 per cent return to its IPO investors.
Belrise Industries
The shares of Bellrise Industries were listed on the stock market on May 28, 2025. The IPO upper price band was Rs 90, while the stock closed at Rs 97 on the day of listing. Thus the listing gain was 8 percent. Currently, the share price is quoted at Rs 182 on BSE, thus the IPO shareholders have got 100 percent return.
Top 5 Worst IPO In 2025 : The worst 5 IPO of the year 2025
Glottis Ltd
The shares of Glotis Limited were listed on the stock market on October 7, 2025. The IPO upper price band was Rs 129. The closing share price on the day of listing was Rs 84. Thus the listing gain was 35 percent. Currently, the share price on BSE is around Rs 62, which represents a decline of 52 percent from the IPO issue price.
Laxmi Dental Ltd
Shares of Lakshmi Dental were listed on the stock market on January 20, 2025. The IPO issue price was Rs 428, while the stock closed at Rs 551 on the day of listing. That is, a return of 29 percent was received on the day of listing. Currently, its share price is quoted at Rs 272 on BSE. Which is a 37 percent lower price compared to the IPO.
Jaro Institute of Technology Management : Jaro Institute of Technology Management
Shares of Jaro Institute of Technology Management and Research were listed on the stock market on September 30, 2025. The IPO issue price was Rs 890. The stock closed at Rs 744 on the day of listing. Thus, the share fell by 16 percent on the day of listing itself. Currently, the share price of the company on BSE is Rs 461, which means that 50 percent of the investors’ capital has been washed away in this IPO.
VMS TMT
The share of VMS TMT was listed on the stock market on September 24, 2025. The IPO share listing price was Rs 95, while the IPO issue price is Rs 99. Thus the stock fell by around 4 percent on the day of listing. Currently, the share price on BSE is around Rs 54, which represents a loss of 46 percent from the IPO price.
Gem Aromatics
Shares of Gem Aromatics were listed on the stock market on August 26, 2026. The upper price band of the IPO is Rs 325, while the stock closed at Rs 319 on the day of listing. Thus, on the day of listing, the stock fell by around two percent. The stock is currently trading at Rs 167 on BSE, which is 49 percent lower than its IPO issue price.
1.76 lakh crore raised through IPO in 2025
According to data from IPO Central, a total of ₹1.76 lakh crore was raised through 103 IPOs in the capital market in 2025. This amount is higher than ₹1.6 lakh crore raised by 90 companies in 2024 and ₹49,436 crore raised by 57 companies in 2023.
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Strong domestic capital inflows and investor confidence helped drive record funding. Equirus Capital’s Shah said India’s macroeconomic stability (including strong GDP growth, controlled inflation and accommodative policies) has boosted confidence among global and domestic investors.
(Note: This article is for informational purpose only. It is not investment advice. There is no guarantee that any stock will continue to give returns in the past. Market is subject to risk, so consult experts before investing.)