Upcoming IPO Listings in May 2025

Several Initial Public Offerings (IPOs) are scheduled for listing on Indian stock exchanges this month. Here’s an overview of the upcoming IPO listings:

Borana Weaves Ltd

Issue Size: ₹144.89 crore
Listing Date: May 20, 2025
Price Band: ₹78–₹82 per share
Expected Listing Gain: Approximately 27% based on Grey Market Premium (GMP)
Details: Borana Weaves, a Surat-based synthetic textile manufacturer, is set to launch its IPO on May 20, 2025. The three-day book-built issue comprises a fresh issuance of 67.08 lakh equity shares and will close on May 22, 2025. The IPO’s proceeds are intended to support the company’s expansion initiatives.

Belrise Industries Ltd

Issue Size: ₹2,150 crore
Price Band: ₹85–₹90 per share
Subscription Period: May 21–May 23, 2025
Anchor Investor Bidding: May 20, 2025
Details: Pune-based auto component manufacturer Belrise Industries has announced the details of its upcoming initial public offering (IPO), setting a price band of ₹85–₹90 per share. The IPO aims to raise ₹2,150 crore and will be open for public subscription from May 21 to May 23, 2025.

IPOs That Have Recently Listed : IPO listings

Srigee DLM Ltd
- Listing Date: May 12, 2025
- Price Band: ₹94–₹99 per share
- Details: Srigee DLM’s book-built IPO was valued at ₹16.98 crore and comprised a fresh issue of 17.15 lakh equity shares.
Manoj Jewellers Ltd
- Listing Date: May 12, 2025
- Price: ₹54 per share
- Details: Manoj Jewellers offered a fixed price IPO of ₹16.20 crore, comprised entirely of a fresh issue of 30 lakh equity shares.

Market Outlook/IPO listings

The Indian IPO market is experiencing a resurgence in May 2025, with several new IPO listings and a renewed investor interest. The upcoming IPOs, particularly in the textile and auto component sectors, are attracting attention due to their growth potential and market positioning. Investors are advised to conduct thorough research and consider their investment objectives before participating in these offerings.

IPO listings