IPO Silence This Week, But Big Listings Are Coming Soon – Here’s What to Expect

If you’ve been watching the IPO space closely, this week might feel unusually quiet.

For the first time since January 2024, there are no new IPOs hitting Dalal Street — not even in the SME segment. It’s a rare pause after months of back-to-back listings.

In fact, March 2025 marked the first full month in over a year with zero mainboard IPOs, something that last happened in February 2023.

So, what’s going on?

This slowdown isn’t random. Experts point to a mix of global uncertainty, market volatility, and caution around new US tariff policies. Many companies are choosing to wait for better conditions before going public.

But don’t be fooled by the silence — a wave of IPOs is building behind the scenes.

💥 Upcoming IPOs That Could Rock the Market:

• Reliance Jio Infocomm
  Aiming for India’s biggest IPO ever — ₹40,000 crore at a ₹10 lakh crore valuation!
  Expected launch: Q2 or Q3 2025
• Tata Capital
  Looking to raise ₹15,000 crore through fresh shares and OFS.
• PhonePe
  Walmart-backed fintech giant eyeing a $15 billion valuation. HQ moved to India, top bankers onboard.
• Ather Energy
  EV player (after Ola Electric) with SEBI approval in hand. Target: ₹3,100 crore.
• Zepto
  The 10-minute delivery startup may file its IPO papers by April 2025, aiming for up to $1 billion.
• HDB Financial Services
  Raising ₹12,500 crore in one of the biggest NBFC IPOs.
• Hero FinCorp
  Looking to raise ₹3,668 crore.
• JSW Cement
  Planning a ₹4,000 crore IPO this year.
• LG Electronics India
  SEBI-approved ₹15,000 crore IPO — a pure OFS by the parent company. Strong FY24 numbers make this a standout listing.

📈 Bottom Line:

This may be a dry week for IPOs, but don’t blink — the big wave is coming. Investors, stay ready!