Upcoming IPOs In June 2025: The primary market will be full of action from June 2-6, 2025, as a total of 11 initial public offerings (IPOs) are set to hit the market. Among them, four are mainboard IPOs and seven are from the Small, Medium Enterprises (SME) segment.
Here’s a quick look at all the primary market action this wee
Leela Hotels IPO (Mainboard)
The bidding process for the Leela Hotels IPO or the Schloss Bangalore IPO started on May 26 and ended on May 28. The allotment of its shares were finalised on May 29 and is set to be listed on both the NSE and BSE on June 2.
The Rs 3,500 crore issue comprises a fresh issue of Rs 2,500 crore and an offer for sale component of Rs 1,000 crore. Its issue price was fixed at Rs 435 per share.
Schloss Bangalore, founded on March 20, 2019, is a luxury hotel company operating under "The Leela" brand. As of May 31, 2024, it runs 12 hotels across India with a total of 3,382 rooms.
Aegis Vopak Terminals IPO (Mainboard)
The Aegis Vopak Terminals IPO was open for public subscription from May 26-28, and its shares were allotted on May 29.
The issue is scheduled to list on both the exchanges on June 2. The IPO is entirely a fresh issue of Rs 2,800 crore. Its issue price was fixed at Rs 235 per share.
Founded in 2013, Aegis Vopak Terminals (AVTL) operates storage terminals for LPG and other liquid products. As of June 30, 2024, it manages around 1.5 million cubic metres of liquid storage and 70,800 MT of LPG capacity.
Prostarm Info Systems IPO (Mainboard)
The bidding window for the Prostarm Info Systems IPO was open from May 27 to May 29, and its shares were allotted on May 30. The issue is entirely a fresh issue of Rs 168 crore, and its issue price was fixed at Rs 105 per share. The IPO is scheduled to list on both the exchanges on June 3.
Founded in January 2008, Prostarm Info Systems is an Indian company that designs and manufactures power solution products like UPS systems, inverters, solar hybrid systems, lithium-ion battery packs, and voltage stabilisers.
Its clients include major government bodies like the Airports Authority of India, RailTel, NTPC, and several state departments.
Scoda Tubes IPO (Mainboard)
Scoda Tubes IPO was open for public bidding on May 28, and its shares are expected to be allotted on June 2. The Rs 220 crore IPO comprises a fresh issue and is scheduled to list on both the exchanges on June 4. Its issue price was fixed at Rs 140 per share.
Founded in 2008, Scoda Tubes manufactures stainless steel tubes and pipes under its own brand. It supplies to engineering firms, EPC contractors, and industrial clients in sectors, such as oil and gas, chemicals, power, pharma, automotive, and railways.
Blue Water Logistics IPO (SME)
The bidding window for the Blue Water Logistics IPO was open from May 27-29, and its shares were allotted on May 30. The Rs 40.50 crore SME IPO is a fresh issue and is set to make its debut on the NSE SME platform on June 3. The issue's price was fixed at Rs 135 per share.
Incorporated in April 2010, Blue Water Logistics offers end-to-end logistics and supply chain solutions, including freight forwarding, customs clearance, and transportation. It handles air, sea, and land cargo, with services like project logistics, warehousing, and delivery. The company operates across several Indian states and internationally in Africa, Singapore, and the UAE.
Nikita Papers IPO (SME)
The bidding process for Nikita Papers IPO started on May 27 and closed on May 29. Its shares were allotted on May 30 and is scheduled to list on the NSE SME platform on June 3. The IPO’s size is Rs 67.54 crore and is a fresh issue. Its issue price was fixed between Rs 95 and Rs 104 per share.
Founded in 1989, Nikita Papers manufactures paper and paper products for industrial, commercial, and printing use. It focuses on eco-friendly production using recycled materials and serves both domestic and international markets.
Astonea Labs IPO (SME)
Astonea Labs IPO was open for public subscription from May 27 to May 29 and its shares were allotted on May 30. The Rs 37.67 crore IPO is a fresh issue and is scheduled to list on the BSE SME platform on June 3. Its issue price was fixed between Rs 128 and Rs 135 per share.
Astonea Labs, established in 2017, is a contract manufacturer of pharmaceutical and cosmetic products for clients in India and abroad. It produces a wide range of medicines like antibiotics, antihistamines, and diabetes or heart treatments as well as skincare, haircare, and oral care products. The company also trades in packaging and raw materials, adhering to industry standards.
NR Vandana Textile IPO (SME)
NR Vandana Textile IPO's bidding window was open from May 28 to May 30 and its shares are expected to be finalised on June 2. The Rs 27.89 crore IPO is a fresh issue, and is set to make its debut on the NSE SME platform on June 4. its issue price was fixed at Rs 45 per share.
NR Vandana Tex Industries was founded in 1992 in Kolkata and designs, manufactures, and wholesales cotton textiles like sarees, salwar suits, and bed sheets under the brands Vandana and Tanya. It operates on a B2B model, distributing through over 1,000 wholesalers across 31 Indian states and also sells via a B2B e-commerce platform.
Some manufacturing is outsourced, based on the company’s technical specifications.
Neptune Petrochemicals IPO (SME)
The bidding window for the Neptune Petrochemicals IPO was open from May 28 to May 30 and its shares are scheduled to be allotted on June 2. The Rs 73.20 crore IPO is a fresh issue and is set to list on the NSE SME on June 4. Its issue price has been fixed at Rs 122 per share.
Established in October 2021, Neptune Petrochemicals manufactures and trades bitumen products and emulsions. Its range includes polymer- and crumb-rubber-modified bitumen, mainly serving the construction and industrial sectors. The company operates three manufacturing units in Ahmedabad, Panipat, and Kamrup, and also trades bitumen and fuel oils, sourcing from trusted suppliers to ensure quality.
3B Films IPO (SME)
3B Films IPO's public subscription opened on May 30 and is set to close on June 3. Its share allotment is expected to be finalised on June 4 and is scheduled to list on BSE SME on June 6.
The Rs 33.75 crore IPO is a combination of Rs 17.76 crore worth of fresh issue and an offer for sale component of Rs 15.99 crore. The issue’s offer price is Rs 50 per share.
3B Films Limited, founded in 2014, and based in Vadodara, Gujarat, manufactures and supplies Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films used in packaging and thermoforming. Its product range includes transparent, metalised, opaque, retort, anti-fog, easy-peel, and EVOH films. Part of the 3B Group, the company focuses on R&D-driven specialty films and exports to markets like Dubai, Nepal, Sri Lanka, and parts of Africa, mainly serving the food packaging industry.
Ganga Bath Fittings IPO (SME)
The bidding window for the Ganga Bath Fittings IPO will open on June 4 and close by June 6. The allotment of its shares is likely to be finalised on June 9 and is scheduled for listing on NSE SME on June 11. The Rs 32.65 crore IPO is a fresh issue. The IPO is being offered in the range of Rs 46-49.
Incorporated in 2018, Ganga Bath Fittings manufactures and supplies a wide range of bathroom products under the "GANGA" brand. Its offerings include CP taps, showers, sanitary ware, PTMT taps, ABS accessories, vanities, sinks, and door handles.
