IPO details (September 23, 2025)
Here are the details for the IPOs open for subscription today, along with their respective Grey Market Premiums (GMP) and price bands:
- Anand Rathi Share & Stock Brokers
- Price Band: ₹393 to ₹414 per share
- IPO Size: ₹745 crore
- GMP (Today): ₹31 (indicates an estimated listing price of ₹445, 7.49% above the upper price band)
- Seshaasai Technologies
- Price Band: ₹402 to ₹423 per share
- IPO Size: ₹813.07 crore
- GMP (Today): ₹115 (reflects an estimated listing price of ₹538)
- Jaro Institute of Technology Management & Research
- Price Band: ₹846 to ₹890 per share
- IPO Size: ₹450 crore
- GMP (Today): ₹123 (indicates an estimated listing price of ₹1013, 13.82% above the upper price band)
- Solarworld Energy Solutions
- Price Band: ₹333 to ₹351 per share
- IPO Size: ₹490 crore
- GMP (Today): ₹65 (suggests an estimated listing price of ₹416, 18.52% above the upper price band)
- Ecoline Exim
- Price Band: ₹134 to ₹141 per share
- IPO Size: ₹76.42 crore
- GMP (As of September 19): ₹5 (suggests an estimated listing price of ₹146, 3.55% above the upper price band)
- Matrix Geo Solutions
- Price Band: ₹98 to ₹104 per share
- IPO Size: ₹40.20 crore
- GMP (As of September 19): ₹5 (suggests an estimated listing price of ₹109, 4.81% above the upper price band)
- True Colors
- Price Band: ₹181 to ₹191 per share
- IPO Size: ₹127.97 crore
- GMP: Unspecified in today’s sources, but noted as a “standout with a 24% premium” recently.
- Aptus Pharma
- Price Band: ₹65 to ₹70 per share
- IPO Size: ₹13.02 crore
- GMP (Today): ₹7 (reflects a listing gain of 10%)
- NSB BPO Solutions
- Price Band: ₹140 to ₹147 per share
- IPO Size: ₹77.91 crore
- GMP: Not yet started
- BharatRohan Airborne Innovations
- Price Band: ₹80 to ₹85 per share
- IPO Size: ₹45.04 crore
- GMP: Flat at ₹0
- GK Energy (IPO closes today, opened September 19)
- Price Band: ₹145 to ₹153 per share
- IPO Size: ₹464.26 crore
- GMP (Today): Approximately 12% above the issue price of ₹153
- Ganesh Consumer (IPO opened September 22, closes September 24)
- Price Band: ₹306 to ₹322 per share
- IPO Size: ₹408.8 crore
- GMP (Today): ₹10 (suggests a listing gain of 3.10%)
Additional listing today
- Euro Pratik Sales shares listed at a 10% premium on NSE (₹272) and 10.7% on BSE (₹273.45) over the issue price of ₹247
Ipo update today
Ten companies launched IPOs today, September 23, 2025, amidst positive primary market sentiment but a need for investor selectivity
.
Companies launching IPOs today
- Anand Rathi Share & Stock Brokers
- Seshaasai Technologies
- Jaro Institute
- Solarworld Energy
- Ecoline Exim
- Matrix Geo Solutions
- True Colors
- Aptus Pharma
- NSB BPO Solutions
- BharatRohan Airborne Innovations
Key takeaways
- Despite a busy IPO market, analysts recommend a selective approach, highlighting Solarworld Energy and Seshaasai Technologies for potential medium- to long-term gains.
- Current Grey Market Premium (GMP) trends suggest optimism, though GK Energy’s GMP eased slightly from 13% to 12%, and Saatvik Green Energy’s GMP slipped further.
- Anand Rathi Share & Stock Brokers IPO aims to raise ₹745 crore through a fresh equity issue, priced between ₹393-414 per share, with strong financial growth noted.
- Seshaasai Technologies IPO of ₹813 crore, priced at ₹402-423 per share, opened with a 24% GMP.
- India continues to lead globally in IPO volume, driven by factors like accommodating monetary policies and reconfiguring global supply chains.
- Global IPO activity saw a rebound, especially in the Americas and EMEIA regions in 2024, supported by interest rate reversals and AI advancements.
- PE and VC-backed IPOs generated 46% of total global IPO proceeds in 2024, indicating their significant role.
- responses may include mistakes. For financial advice, consult a professional
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