Overview
The IPO market is buzzing with excitement as 2025 is expected to bring numerous big-ticket IPOs. Following the stellar performance of IPOs in 2024, this year promises an equally strong lineup, including some record-breaking issues. Here's a detailed overview of the most awaited IPOs expected in the first quarter of 2025.
1. NSDL IPO (National Securities Depository Limited)
- Expected Timeline: January-February 2025
- SEBI Approval: Received in October 2024
- Significance: Similar to the already listed CDSL, NSDL plays a critical role in India’s financial ecosystem as a depository for demat accounts.
- Highlight: Investors are excited given CDSL’s multibagger performance post-IPO.
- Listing: Exclusively on BSE.
2. LG2 (Indian Subsidiary of LG Electronics)
- Expected Timeline: March 2025
- SEBI Approval: Pending
- Overview: A record-breaking IPO from the Indian subsidiary of Korea-based LG Electronics, this will likely capture substantial interest due to its strong brand equity.
- Track Record: While the performance of large IPOs in India has been mixed, LG’s reputation may draw significant investor interest.
3. Avanse Financial Services
- Expected Timeline: March 2025
- Issue Size: ₹3,500 crores
- Fresh Issue: ₹1,000 crores
- OFS: ₹2,500 crores
- Business: Focused on education financing, including loans for students and educational institutions.
- Market Position: Second-largest NBFC in the education sector.
4. Ather Energy
- Expected Timeline: Early 2025
- SEBI Approval: Received 10 days ago
- Sector: Electric Vehicles (EVs)
- Issue Details:
- Fresh Issue: ₹3,100 crores
- OFS: 2.2 crore shares
- Market Position: Third-largest EV scooter manufacturer in India with a 12% market share.
- Highlight: Potential for a shareholders' quota, making this IPO even more attractive for existing investors.