The IPO of HDB Financial Services, Kalpana, Ellenbari Industrial Gases, SAMBHV Steel Tube and Globe Civil Projects receives a total bid of more than ₹ 1.85 lakh crore, offering to sell about 12 times more shares of shares of ₹ 15,600 crore.
Non 12,500 million HDB Financial IPO-one non-banking financial company on Friday is being offered the company along with bid for 16.69 times shares with investors. It received prices of ₹ 1.52 lakh crore between Indian IPOs of Arab-Dollar since the ZOMATO issue four years ago. The company is offering to sell 130.4 million shares, while the demand is 2.18 billion shares.
Eligible institutional buyers (QIBS) bid 55.47 times the shares reserved for them. Retail investors bid their share to 1.41 times, while non-institutional, or HNI, category got membership for 9.99 times.
Sambhv Steel Tubes’ 540 crore IPO, which was closed on Friday, was taken 28.46 times. The QIB category was subscribed to 62.32 times, non-institutional category 31.82 times and retail investor part 7.99 times.
Kalptatar’s Off 1,590 crore IPOs received bids 2.26 times, while the issue of Ellenbarri Industrial Gines of 852-crores was 22.19 times and Globe’s ₹ 119 crore was received 86 times.
Agencies Better feeling behind IPO’s hurry
These three issues closed on Thursday.
Investment bankers said that institutional investors, mainly mutual funds and foreign investment vehicles, were the most active bidder for IPOs.
Kotak Investment Banking MD V Jaya Shankar said, “Domestic institutions like mutual funds are flush with liquidity and the IPOs are currently getting an additional avenue to invest, besides to invest significantly in the secondary market. Even FPIs are actively investing in good quality IPOs,” Cocoted Banking MD V said.
According to Primedatabase.com, two dozen companies have so far raised close to ₹ 45,300 crore through IPO in 2025. Better stock market spirit is encouraging more companies to hit the primary market.
“As the primary market moves forward with the secondary market, it can translate into more launch with better membership and listing benefits in the current fast environment,” said Prime Database Group MD Pranav Haldi. “Retail interest in upcoming issues will host the possibility of listing benefits.”
Haldi said that IPO is priced at 2.5-3.0 lakh crore pipelines, with regulatory approval, waiting for the regulator’s green signal, and sets to enter IPO documents in the coming weeks. According to data from Primedatabase.com, at least 73 companies have received approval Securities and exchange board To launch the IPO, the total amount estimates ₹ 1.2 lakh crore. Another 70 companies have drafted Red hering prospectus with SEBI and can raise another -99,500 crore rupees.
