The IPO calendar for September 2025 is buzzing with action. Investors are set to witness a packed line-up as companies across technology, education, healthcare, consumer goods, and energy hit Dalal Street.
So far, the month has already seen big names like Urban Company, Shringar House of Mangalsutra, Dev Accelerator, and Amanta Healthcare debut in the market. But the spotlight now shifts to the upcoming issues, where multiple IPOs are gearing up to raise fresh capital.
Let’s break down the details.
Market Performance and Sentiment
- The primary market is staying vibrant in the second half of September.
- IPO activity is spread across diverse sectors—technology, education, renewable energy, FMCG, and financial services.
- Companies are eyeing investor confidence with attractive price bands and fresh issues.
Key IPOs to Watch
Seshaasai Technologies IPO
- Subscription window: September 23 – September 25
- Price band: ₹402 – ₹423 per share
- Lot size: 35 shares
- Issue size: ₹812.86 crore
Seshaasai Tech, a Mumbai-based company, is a leader in payment, communication, and fulfilment solutions, with strong offerings in IoT. It largely caters to the BFSI sector and is also one of the country’s largest producers of cheque leaves.
The IPO is backed by Florintree Nextech, an investment platform led by former Blackstone India executive Mathew Cyriac. Interestingly, the company has no listed peer in the market, making this issue unique.
Jaro Education IPO
- Subscription window: September 23 – September 25
- Price band: ₹846 – ₹890 per share
- Lot size: 16 shares
- Issue size: ₹450 crore
Founded in 2009, Jaro Education—formally Jaro Institute of Technology Management and Research—operates as an online higher education and upskilling platform. With over 23 learning centres across India, the company offers more than 120 programmes across various domains.
The IPO has already attracted strong pre-listing interest, with ₹115.1 crore raised from 14 investors, including Abakkus, Singularity AMC, and Subhkam Ventures.
Solarworld Energy Solutions IPO
- Issue size: ₹490 crore
- Price band: ₹333 – ₹351 per share
- Timeline: Opens September 23, closes September 25
Solarworld Energy Solutions, headquartered in Uttar Pradesh, focuses on providing engineering, procurement, and construction (EPC) services for solar power projects. With the renewable energy theme gaining traction, this IPO is likely to draw investor attention.
Anand Rathi Share and Stock Brokers IPO
- Issue size: ₹745 crore
- Price band: ₹393 – ₹414 per share
- Opening: September 23 | Closing: September 25
- Employee reservation: ₹10 crore worth of shares
This IPO is entirely a fresh issue with no offer-for-sale component. Headquartered in Mumbai, Anand Rathi is a well-established name in wealth management and financial services.
Ganesh Consumer Products IPO
- Issue size: ₹408 crore
- Price band: ₹306 – ₹322 per share
- Subscription dates: September 22 – September 24
Operating in the FMCG space, Ganesh Consumer Products is raising funds through a combination of fresh equity and an offer-for-sale by promoters.
Atlanta Electricals IPO
- Issue size: ₹687 crore
- Price band: ₹718 – ₹754 per share
- Launch date: September 22
- Valuation at upper band: ~₹5,800 crore
Atlanta Electricals manufactures power, auto, and inverter duty transformers. Its IPO is one of the larger fund-raises of the month.
iValue Infosolutions IPO
- Issue size: ₹560 crore
- Price band: ₹284 – ₹299 per share
- Dates: September 18 – September 22
- Anchor book: ₹168.08 crore raised from 11 institutional investors on September 17
The Bangalore-based aggregator offers technology services and solutions.
Jinkushal Industries IPO
- Sector: Construction equipment exports
- Timeline: IPO launch on September 25
- Detail: Filed RHP with RoC on September 15
The company is focused on customised and refurbished construction machinery exports.
Saatvik Green Energy IPO
- Issue size: ₹900 crore
- Subscription window: Opens September 19
- Price band: To be disclosed on September 16
Gurugram-based Saatvik Green Energy manufactures solar panels, adding another renewable energy player to the September line-up.
Groww IPO – The Big One Ahead
While the September calendar is already packed, eyes are also on Groww, India’s largest wealth-tech platform by active investors.
- Planned issue size: ₹6,000 – ₹7,000 crore
- Timeline: Likely November 2025
If successful, Groww could become one of the most valuable listed startups in India.
Summary
September 2025 is turning into one of the most active months for IPOs in recent memory.
- 9 IPOs lined up this month
- Sectors include tech, education, solar energy, FMCG, financial services, and manufacturing
- Heavyweights like Seshaasai Tech, Jaro Education, and Anand Rathi dominate the buzz
- The much-anticipated Groww IPO could follow later this year
With companies like Urban Company, Shringar House of Mangalsutra, Dev Accelerator, and Amanta Healthcare already hitting the market, the IPO wave shows no signs of slowing.
Easy & quick
Leave A Comment?