IPOs in August 2025: Listing Gains, GMP & Subscription
Monthly round-up
By IPO GMP Status desk · Updated 28 August 2025 · How we compile these figures
46 IPOs listed in August 2025 — 18 mainboard and 28 SME. The average listing gain was +10.5%, and 29 of 46 listed above their issue price. The best listing was Flysbs Aviation at +90.0%. The grey market's estimate was met or beaten in 17 of 46.
IPOs listed in August 2025
| IPO | Type | Listed | Issue price | Listing price | Listing gain | Subscribed | GMP estimate |
|---|---|---|---|---|---|---|---|
| Shanti Gold International | Mainboard | 1 Aug | ₹199 | ₹227.55 | +14.3% | 80.78x | ₹233 ✗ |
| Shree Refrigerations | SME | 1 Aug | ₹125 | ₹169.85 | +35.9% | 187.55x | ₹195 ✗ |
| Sellowrap Industries | SME | 1 Aug | ₹83 | ₹90 | +8.4% | 65.09x | ₹88 ✓ |
| Patel Chem Specialities | SME | 1 Aug | ₹84 | ₹110 | +30.9% | 167.32x | ₹111 ✗ |
| Repono | SME | 4 Aug | ₹96 | ₹89.99 | −6.3% | 64.95x | ₹112 ✗ |
| Umiya Mobile | SME | 4 Aug | ₹66 | ₹69 | +4.5% | 2.57x | ₹66 ✓ |
| PropShare Titania | Mainboard | 4 Aug | ₹10,60,000 | ₹10,59,900 | −0.0% | — | ₹10,60,000 ✗ |
| Aditya Infotech | Mainboard | 5 Aug | ₹675 | ₹1,015 | +50.4% | 106.23x | ₹980 ✓ |
| Laxmi India Finance | Mainboard | 5 Aug | ₹158 | ₹137.52 | −13.0% | 1.86x | ₹162.5 ✗ |
| Kaytex Fabrics | SME | 5 Aug | ₹180 | ₹144 | −20.0% | 42.70x | ₹195 ✗ |
| M&B Engineering | Mainboard | 6 Aug | ₹385 | ₹385 | +0.0% | 38.11x | ₹436 ✗ |
| NSDL | Mainboard | 6 Aug | ₹800 | ₹880 | +10.0% | 41.02x | ₹925 ✗ |
| Sri Lotus Developers | Mainboard | 6 Aug | ₹150 | ₹178 | +18.7% | 74.10x | ₹177 ✓ |
| Takyon Networks | SME | 6 Aug | ₹54 | ₹55.85 | +3.4% | 21.77x | ₹54 ✓ |
| Mehul Colours | SME | 6 Aug | ₹72 | ₹85 | +18.1% | 7.98x | ₹83 ✓ |
| B.D.Industries | SME | 6 Aug | ₹108 | ₹108.9 | +0.8% | 1.81x | ₹108 ✓ |
| Renol Polychem | SME | 7 Aug | ₹105 | ₹105 | +0.0% | 6.83x | ₹108 ✗ |
| Cash Ur Drive Marketing | SME | 7 Aug | ₹130 | ₹155 | +19.2% | 81.94x | ₹164 ✗ |
| Flysbs Aviation | SME | 8 Aug | ₹225 | ₹427.5 | +90.0% | 318.68x | ₹465 ✗ |
| Essex Marine | SME | 11 Aug | ₹54 | ₹43.2 | −20.0% | 2.91x | ₹54 ✗ |
| Bhadora Industries | SME | 11 Aug | ₹103 | ₹101 | −1.9% | 0.96x | ₹103 ✗ |
| BLT Logistics | SME | 11 Aug | ₹75 | ₹90.95 | +21.3% | 560.69x | ₹100 ✗ |
| Aaradhya Disposal | SME | 11 Aug | ₹116 | ₹111 | −4.3% | 1.41x | ₹116 ✗ |
| Parth Electricals | SME | 11 Aug | ₹170 | ₹174 | +2.4% | 23.77x | ₹176 ✗ |
| Jyoti Global Plast | SME | 11 Aug | ₹66 | ₹65.9 | −0.1% | 8.45x | ₹66 ✗ |
| Highway Infrastructure | Mainboard | 12 Aug | ₹70 | ₹115 | +64.3% | 316.64x | ₹94 ✓ |
| JSW Cement | Mainboard | 14 Aug | ₹147 | ₹153.5 | +4.4% | 8.22x | ₹151.5 ✓ |
| All Time Plastics | Mainboard | 14 Aug | ₹275 | ₹311.3 | +13.2% | 8.62x | ₹295 ✓ |
| Connplex Cinemas | SME | 14 Aug | ₹177 | ₹195 | +10.2% | 35.67x | ₹190 ✓ |
| Sawaliya Foods Products | SME | 14 Aug | ₹120 | ₹228 | +90.0% | 13.32x | ₹124 ✓ |
| Medistep Healthcare | SME | 18 Aug | ₹43 | ₹53 | +23.3% | 382.14x | ₹56 ✗ |
| Star Imaging | SME | 18 Aug | ₹142 | ₹142 | +0.0% | 5.67x | ₹142 ✓ |
| ANB Metal Cast | SME | 18 Aug | ₹156 | ₹164 | +5.1% | 2.22x | ₹156 ✓ |
| Knowledge Realty Trust REIT | Mainboard | 18 Aug | ₹100 | ₹104 | +4.0% | — | ₹102 ✓ |
| BlueStone Jewellery | Mainboard | 19 Aug | ₹517 | ₹510 | −1.4% | 2.72x | ₹519 ✗ |
| Icodex Publishing Solutions | SME | 19 Aug | ₹102 | ₹81.6 | −20.0% | 3.95x | ₹116 ✗ |
| Regaal Resources | Mainboard | 20 Aug | ₹102 | ₹141 | +38.2% | 159.87x | ₹133 ✓ |
| Mahendra Realtors | SME | 20 Aug | ₹85 | ₹68 | −20.0% | 25.15x | ₹91 ✗ |
| Studio LSD | SME | 25 Aug | ₹51 | ₹43.2 | −15.3% | 3.23x | ₹51 ✗ |
| Gem Aromatics | Mainboard | 26 Aug | ₹325 | ₹333.1 | +2.5% | 30.45x | ₹358 ✗ |
| Vikram Solar | Mainboard | 26 Aug | ₹332 | ₹338 | +1.8% | 56.42x | ₹369 ✗ |
| Patel Retail | Mainboard | 26 Aug | ₹255 | ₹300 | +17.6% | 95.69x | ₹307 ✗ |
| Shreeji Shipping Global | Mainboard | 26 Aug | ₹252 | ₹270 | +7.1% | 58.08x | ₹286 ✗ |
| LGT Business Connextions | SME | 26 Aug | ₹107 | ₹85.6 | −20.0% | 1.25x | ₹107 ✗ |
| Mangal Electrical | Mainboard | 28 Aug | ₹561 | ₹556 | −0.9% | 9.95x | ₹556 ✓ |
| ARC Insulation | SME | 29 Aug | ₹125 | ₹145 | +16.0% | 18.71x | ₹205 ✗ |
✓ the listing price met or beat the grey market's estimate; ✗ it fell short.
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Every listing since the tracker began is on the IPO performance page. GMP is an unofficial estimate, not a promise; see the disclaimer.