As the year moves into its final stretch, the primary market seems to be gearing up again. After a heavy flow of public issues in recent months and weeks, the mainboard segment has slowed down for now. But this calm is temporary. Companies from various sectors such as technology, energy, healthcare and manufacturing are preparing to open their Initial Public Offerings (IPOs) in the last month of 2025 and beyond.
Let’s take a look at the big issues expected soon and what each company is bringing to the table.
Meesho IPO
Meesho is expected to open its IPO in the coming days with a sizeable Rs 4,250 crore fresh issue and an Offer for Sale (OFS) of 175.69 million shares from early investors and founders. The OFS will see stake sales from Elevation Capital, Peak XV Partners, Highway Series 1, Y Combinator, and the company’s founders.
The company aims to use the fresh funds to strengthen cloud infrastructure at its subsidiary, expand hiring in machine learning and tech roles, increase brand-focused investments and explore acquisitions.
Founded in 2015, Meesho runs a technology-led marketplace that enables small sellers and local entrepreneurs to reach buyers using social media platforms.
Juniper Green Energy IPO
Juniper Green Energy is preparing for a Rs 3,000 crore IPO. The issue is expected to open by mid-December 2025. It filed its Draft Red Herring Prospectus (DRHP) on June 27, 2025 and received approval from the Securities and Exchange Board of India (SEBI) on August 28, 2025.
It will be a pure fresh issue with no OFS component. The company has quickly expanded from its first 100-megawatt solar project in 2020 to a renewable portfolio of more than 7,800 megawatts covering solar, wind and hybrid projects supported by battery storage systems.
It develops, builds and maintains large-scale renewable projects and supplies power to state and central government-backed agencies.
Park Medi World IPO
Park Medi World is expected to launch a Rs 1,260 crore IPO, which includes a Rs 960 crore fresh issue and a Rs 300 crore OFS. The company received SEBI approval on August 14, 2025 and is likely to proceed with the launch next month.
The healthcare chain operates 13 multi-super-speciality hospitals under the “Park” brand across North India, with a total capacity of 3,000 beds. Several of its hospitals are accredited by the National Accreditation Board for Hospitals and Healthcare Providers (NABH) and the National Accreditation Board for Testing and Calibration Laboratories (NABL).
Its presence spans Haryana, Delhi, Punjab and Rajasthan, and the network has expanded both organically and through acquisitions.
Innovatiview India IPO
Innovatiview India is also likely to launch a large Rs 2,000 crore IPO in the comimg month. The issue will be entirely through an OFS. SEBI approval was received around August 27, 2025.
Talking about the company, it provides automated security, surveillance and integrated monitoring systems for examinations, elections and large national events. The company has a market share of nearly 74% in examination surveillance systems as of September 2024. It also offers information technology (IT) equipment rental and end-to-end system integration solutions across different sectors.
Aequs IPO
Aequs will open its IPO for subscription between December 3-5. The issue consists of a Rs 670 crore fresh issue along with an OFS of 2.03 crore shares. Listing is likely on December 10.
Founded in 2000, Aequs operates a special economic zone focused on aerospace manufacturing. It produces components for engine systems, landing systems, aircraft structures and interiors. Apart from aerospace, the company has expanded into consumer electronics, plastics and consumer durables.
Other issues likely ahead
Apart from the expected soon offerings, several more companies are preparing IPOs but have not announced their dates yet.
Clean Max Enviro Energy Solutions is working on an IPO of up to Rs 5,200 crore, which includes a fresh issue and a large OFS. The funds will mainly be used to reduce debt and meet corporate requirements.
Imagine Marketing, the parent company of audio brand boAt, is planning a Rs 1,500 crore issue. The offer includes a fresh component and an OFS from promoters and investors.
Milky Mist Dairy Food is looking at a Rs 2,035 crore IPO, with the fresh issue aimed at expanding manufacturing facilities, reducing debt and investing in equipment such as coolers and freezers used in distribution.
