All 7 Indian mainboard IPOs that listed in 2025, sorted by listing gain. Subscription ratios, GMP prediction accuracy, and stoicHQ analysis for every issue.
Key findings for 2025: 7 mainboard IPOs listed with an average gain of +44.9%. 71% of issues listed at a gain above issue price. Top sectors by issue count: Healthcare, Defence, Pharmaceuticals.
| Company | Sector | Issue Price | Listing Gain | QIB Sub | Overall Sub | Category |
|---|---|---|---|---|---|---|
| Quadrant Future Tek Ltd Mainboard | Defence | ₹290 | +135.2% at ₹681 | 197.07x | 186.66x | small |
| Laxmi Dental Ltd Mainboard | Healthcare | ₹428 | +114.0% at ₹916 | 197.05x | 113.73x | mid |
| Anthem Biosciences Ltd Mainboard | Pharmaceuticals | ₹570 | +51.4% at ₹864 | 197.69x | 113.15x | large |
| IndiQube Spaces Ltd Mainboard | Real Estate | ₹237 | +27.0% at ₹301 | 129.77x | 62.41x | large |
| Aegis Vopak Terminals Ltd Mainboard | Infrastructure | ₹223 | +17.5% at ₹262 | 77.04x | 32.03x | large |
| Hexaware Technologies Ltd Mainboard | Technology | ₹708 | -7.1% at ₹658 | 6.90x | 2.66x | mega |
| Dr Agarwals Eye Hospital Ltd Mainboard | Healthcare | ₹402 | -23.4% at ₹308 | 0.39x | 0.72x | large |