5 IPOs Launching This Week – If you’re an investor or even just someone curious about the stock market, IPOs (Initial Public Offerings) offer a unique opportunity to get in on the ground floor of potentially promising companies. This week (May 5 to May 9, 2025), five companies are stepping into the spotlight, offering shares to the public. These IPOs range from tech-driven startups to legacy businesses—all eager to raise capital and grow.
In this guide, we’ll break down everything you need to know: price bands, subscription dates, lot sizes, listing dates, business models, and what makes each IPO unique. Whether you’re a beginner or an experienced investor, this article will help you navigate this week’s IPO landscape.
5 IPOs Launching This Week
| Company Name | IPO Type | Price Band | Lot Size | Issue Size | Subscription Dates | Listing Date | Official Link |
|---|---|---|---|---|---|---|---|
| Srigee DLM Ltd | SME | ₹94 – ₹99 | 1,200 shares | ₹16.98 crore | May 5–7, 2025 | May 12, 2025 | Visit BSE SME |
| Manoj Jewellers Ltd | SME | ₹54 | 2,000 shares | ₹16.20 crore | May 5–7, 2025 | May 12, 2025 | Visit BSE SME |
| Wagons Learning Ltd | SME | ₹78 – ₹82 | 1,600 shares | ₹38.38 crore | May 2–6, 2025 | May 9, 2025 | Visit BSE SME |
| Ather Energy Ltd | Mainboard | Closed | NA | ₹2,980 crore | Closed (April 30) | May 6, 2025 | Visit NSE |
| Virtual Galaxy Infotech | SME | ₹135 – ₹142 | Not disclosed | Fresh issue | May 9–14, 2025 | TBA | Visit IPOWatch |
This week’s IPO roster offers something for everyone—from tech-driven innovators to traditional businesses like jewellery. Srigee DLM, Manoj Jewellers, and Wagons Learning target niche growth, while Ather Energy brings scale and innovation. Virtual Galaxy Infotech is a wildcard for IT investors.
Before investing, read the offer documents, check your risk appetite, and have a plan—especially with SME IPOs that come with higher stakes.
With proper research and strategy, IPOs can be a valuable addition to your investment journey.
1. Srigee DLM Ltd IPO: Manufacturing Tech Gets a Boost
Srigee DLM Ltd, an electronic manufacturing company, is launching its IPO under the SME platform.
- Business Overview: The company specializes in assembling electronic components and plans to expand operations by setting up a new facility in Greater Noida.
- Why it Matters: India’s electronics manufacturing push under “Make in India” gives Srigee DLM tailwinds.
- Grey Market Premium (GMP): Early indicators suggest a premium of ₹10.5 over the upper band.
- Financial Snapshot: Revenue grew by 38% YoY with a net profit margin of 12.4% in FY24.
2. Manoj Jewellers Ltd IPO: The Traditional Gold Sector Meets Public Markets
Manoj Jewellers Ltd, a Chennai-based retailer of BIS-certified gold and diamond jewellery, is tapping into the SME IPO route.
- Business Overview: With strong regional demand, the company aims to modernize stores and reduce debt using IPO proceeds.
- Strengths:
- Established brand name in South India.
- Consistent cash flow business.
- Investor Note: Jewellery stocks can be cyclical, but also resilient in times of economic stress.
- Financials: FY24 revenue stood at ₹102 crore with a PAT of ₹6.8 crore.
3. Wagons Learning Ltd IPO: Digital Learning and Skilling Revolution
Wagons Learning Ltd is entering the market with a tech-forward approach.
- Business Model: Offers corporate training, e-learning modules, and virtual skilling solutions.
- Opportunity: India’s EdTech market is expected to reach USD 10 billion by 2025.
- Valuation Buzz: Despite good fundamentals, GMP is slightly below the upper price band (₹81 vs ₹82), suggesting mixed early sentiment.
- Key Clients: Serves top IT and BFSI firms.
4. Ather Energy Ltd IPO: A Major Milestone for India’s EV Sector
Ather Energy, one of India’s most prominent EV manufacturers, closed its IPO last week, with shares listing on May 6, 2025.
- Background: Backed by Hero MotoCorp and other institutional investors, Ather has built a strong ecosystem of electric scooters and charging infrastructure.
- IPO Size: ₹2,980 crore, one of the biggest this year.
- Investment Edge:
- High R&D investment.
- Brand loyalty and expanding dealer network.
- Government EV push (FAME subsidy, green mobility goals).
- Risk Note: Still loss-making, with negative EBITDA in FY24, though revenue doubled YoY.
5. Virtual Galaxy Infotech Ltd IPO: Rising Tech Challenger
Scheduled to open on May 9, Virtual Galaxy Infotech is a fresh SME tech IPO.
- Services Offered: End-to-end software development, AI solutions, and IT support.
- Price Band: ₹135 to ₹142 per share.
- Key Differentiator: Focus on customizable software products for small and medium enterprises (SMEs).
- Retail Focus: 35% of the issue is allocated to retail investors, making it accessible.
- Growth Outlook: Plans to expand into Southeast Asian markets in FY26.
Tips for First-Time IPO Investors
Do Your Homework
- Review the Red Herring Prospectus (RHP) filed on SEBI’s website.
- Look at profit trends, sector growth, and promoter background.
Understand Lot Sizes and Capital Requirement
- SME IPOs often have higher minimum investment amounts (₹1 lakh+), unlike mainboard IPOs.
Beware of the Grey Market Hype
- GMPs (Grey Market Premiums) are not always reliable.
- Base your decision on fundamentals, not rumors.
Use ASBA for Safe Bidding
- Apply through your bank using ASBA (Application Supported by Blocked Amount) to ensure funds are only debited if you get the allotment.
Track Listing Day Volatility
- IPO stocks can swing wildly on Day 1. Set clear exit or holding strategies in advance.
Diversify Your IPO Bets
- Don’t invest your entire capital in one IPO. Spread across multiple sectors to mitigate risk.
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FAQs about 5 IPOs Launching This Week
Q1. What is an SME IPO?
SME IPOs are public offers by small and medium enterprises, listed on platforms like NSE Emerge or BSE SME. They often have higher lot sizes but are great for investors interested in early-stage businesses.
Q2. Are SME IPOs risky?
Yes. SME IPOs are less liquid and can be volatile. However, if the company scales up, returns can be substantial.
Q3. Where can I apply for these IPOs?
You can apply through your demat account or bank’s net banking portal via ASBA. Ensure your KYC is updated.
Q4. What is GMP and should I consider it?
GMP or Grey Market Premium reflects how much investors are willing to pay unofficially before listing. It can indicate demand but isn’t a guarantee of listing gains.
Q5. Where can I get allotment and refund status?
Visit BSE India, NSE India, or your broker platform after allotment dates.
Q6. Can I sell IPO shares on listing day?
Yes. Once the shares are listed and credited to your demat account, you can sell them the same day. Timing and price strategy matter.
