India’s Initial Public Offering (IPO) market has demonstrated impressive resilience in the first quarter of 2025, accounting for a substantial 22% share of global IPO activity. With 62 IPOs collectively raising US$2.8 billion, India continues to be a preferred destination for companies aiming to go public, even as global markets remain uncertain. This robust performance underscores investor confidence and the growing vibrancy of India’s capital markets.
Investing in IPOs means purchasing shares in a company at the moment it lists on a public stock exchange. This early entry can offer investors the chance to benefit from a company’s growth trajectory and potentially realise significant returns if the business succeeds. However, IPO investments also carry unique risks, including price volatility, a lack of extensive financial history, and unpredictability regarding the company’s future performance. In this read, we will have a look at the upcoming IPOs for June 2025.
There are no mainboard IPOs scheduled till now in June 2025 on the mainboard platform.
Ganga Bath Fittings Limited is launching an IPO with a fresh issue worth ₹32.65 crores, comprising 66.63 lakh equity shares. The subscription window opens on June 4, 2025, and closes on June 6, 2025. The allotment is expected by June 9, with a tentative listing on NSE SME scheduled for June 11. The price band is set between ₹46 and ₹49 per share, and the minimum application lot size is 3,000 shares.
Retail investors will need to invest at least ₹1,38,000, though bidding at the cutoff price of about ₹1,47,000 is advised to improve chances amidst possible oversubscription. High Net-Worth Individuals (HNIs) must apply for a minimum of two lots, totalling ₹2,94,000.
The company plans to deploy the IPO proceeds primarily toward capital expenditures, including purchasing new equipment and machinery, which is expected to absorb approximately ₹201.33 million.
Another ₹53.26 million will be allocated toward repaying or prepaying certain company borrowings. Funds will also support working capital requirements and general corporate purposes, although specific amounts for these are not disclosed.
Incorporated in 2018, Ganga Bath Fittings Limited specialises in manufacturing and supplying a wide range of bathroom accessories such as CP taps, showers, sanitary ware, ABS fittings, door handles, vanities, and sinks. The company’s manufacturing facilities are technologically advanced and capable of producing customised components tailored to customer specifications.
Also Read: Upcoming NFOs This Week: 5 New Mutual Funds Opening From June 02, 2025
Sacheerome Limited is issuing a fresh issue worth ₹61.62 crores through 60.41 lakh shares. The subscription period runs from June 9 to June 11, 2025, with allotment expected on June 12 and a tentative listing on NSE SME set for June 16. The price band ranges from ₹96 to ₹102 per share.
The minimum application lot size is 1,200 shares, requiring a minimum retail investment of ₹1,15,200, though investors are encouraged to bid at the cutoff price of approximately ₹1,22,400. HNIs must apply for at least two lots (2,400 shares), totalling ₹2,44,800. The IPO’s lead manager is GYR Capital Advisors Pvt. Ltd., and MUFG Intime India Pvt. Ltd. is the registrar.
Sacheerome intends to use the net proceeds primarily to establish a new manufacturing facility located in Gautam Buddha Nagar, Uttar Pradesh, with an estimated outlay of ₹565 million. The remainder of the funds will be used for general corporate purposes, supporting the company’s ongoing operational and strategic initiatives.
Founded in 1992, Sacheerome Limited is a creative company specialising in designing and manufacturing fragrances and flavours. Their diverse product portfolio includes cosmetic fragrances, industrial fragrances, perfumes, food additives, and flavouring essences.
Operating primarily in the B2B FMCG sector, Sacheerome serves leading companies in India and internationally. Their fragrances and flavours find applications in numerous industries, including personal care, body care, hair care, fabric care, home care, food and beverages, health and nutrition, and more.
India’s IPO market remains vibrant and continues to attract strong investor interest despite a challenging global environment. Both Ganga Bath Fittings and Sacheerome offer promising opportunities within their respective sectors—bathroom fittings and fragrances/flavours.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 3, 2025, 12:27 PM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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