Big news in the Indian stock market! The Securities and Exchange Board of India (SEBI) has just given the green light for six exciting IPOs. These companies — HDB Financial Services, Vikram Solar, Shreeji Shipping Global, Shanti Gold International, Dorf-Ketal Chemicals, and A-One Steels India — are gearing up to go public. Let’s dive in and take a closer look at what each of them brings to the table.
HDB Financial Services IPO: A Landmark Offering for the NBFC Sector
HDB Financial Services is all set to raise a massive ₹12,500 crore through its upcoming IPO. This will be the largest IPO ever by a non-banking financial company (NBFC) in India. The company plans to raise the funds through a mix of a fresh issue of ₹2,500 crore and an Offer for Sale (OFS) component of ₹10,000 crore.
So, what will they do with all this money? The primary focus will be strengthening their capital base and supporting their growth plans. They’re setting themselves up for big things in the future, so it’s definitely one to watch.
Quick Facts:
- Total IPO Amount: ₹12,500 crore
- Fresh Issue: ₹2,500 crore
- OFS: ₹10,000 crore
- What’s Next?: Expansion and capital enhancement
Vikram Solar IPO: A Step Towards a Greener Future
Vikram Solar is already one of India’s top players in the solar energy market, and they’re now ready to go public. The company filed its DRHP (Draft Red Herring Prospectus) back in September 2024 and finally received SEBI’s approval in May 2025.
They’re looking to raise ₹1,500 crore in this IPO, with an additional 1.74 crore shares being sold by the promoters. This is great news for anyone looking to invest in the renewable energy space — a sector that’s only going to grow in the coming years.
Quick Facts:
- Total IPO Amount: ₹1,500 crore
- OFS: 1.74 crore shares
- Focus: Solar energy and sustainability
Shreeji Shipping Global: Making Waves in Shipping & Logistics
It’s been a long wait, but Shreeji Shipping Global, based in Gujarat, has finally received SEBI approval for its IPO. This company specializes in shipping and logistics, and they’re looking to raise funds to expand their fleet of dry bulk carriers.
The entire IPO will be a fresh issue of 2 crore equity shares, with no Offer for Sale (OFS). If you’re keen on the shipping and logistics sector, this one’s definitely worth keeping an eye on.
Quick Facts:
- Total IPO Amount: 2 crore equity shares (fresh issue)
- How Will the Funds Be Used?: Fleet expansion and debt repayment
Shanti Gold International: Adding Sparkle to the Jewellery Sector
Shanti Gold International, a well-known gold jewellery manufacturer based in Mumbai, is all set for its IPO. They’re offering up to 18,096,000 equity shares in this public offering, with no Offer for Sale (OFS). The company is famous for its high-quality 22kt CZ casting gold jewellery, including bangles, rings, and necklaces.
The money they raise will go towards setting up a new facility in Jaipur, along with repaying debt and supporting working capital needs.
Quick Facts:
- Total IPO Amount: Up to 18,096,000 shares
- Focus: Jewellery manufacturing and expansion
- Plans for the Funds: New facility, debt repayment
Dorf-Ketal Chemicals: Leading the Charge in Speciality Chemicals
Dorf-Ketal Chemicals, a global leader in specialty chemicals, is another major IPO to watch. They’ve filed to raise ₹5,000 crore, with ₹1,500 crore coming from a fresh issue and ₹3,500 crore from an Offer for Sale (OFS).
The company supplies speciality chemicals to major players like Reliance Industries, Indian Oil, and Vedanta, making it a key player in the chemical supply chain.
Quick Facts:
- Total IPO Amount: ₹5,000 crore
- Fresh Issue: ₹1,500 crore
- OFS: ₹3,500 crore
- Focus: Specialty chemicals and global expansion
A-One Steels India: Strengthening India’s Steel Manufacturing
A-One Steels India, based in Bengaluru, is all set to raise ₹600 crore through its IPO, with an additional ₹50 crore from an Offer for Sale (OFS) by promoters. The company has six manufacturing plants across Karnataka and Andhra Pradesh.
The funds raised will be used for investments in their subsidiary Vanya Steels Pvt Ltd, as well as for debt reduction and other corporate purposes.
Quick Facts:
- Total IPO Amount: ₹600 crore (fresh issue) and ₹50 crore (OFS)
- Focus: Steel manufacturing and subsidiary investment
Final Thoughts
With these six companies preparing to go public, investors are in for a treat. Whether you’re looking to invest in financial services, green energy, shipping, or even gold jewellery, these IPOs offer plenty of opportunities across different sectors.
However, remember — this is not investment advice. Always do your research or consult with a financial advisor before making any decisions.
Disclaimer: This blog is for educational purposes only and does not constitute investment advice.
