Introduction
Initial Public Offerings (IPOs) offer investors an opportunity to enter promising companies at the ground level. In 2025, the Indian IPO market is expected to be active, with several high-growth startups and well-established private firms planning to go public.
For long-term investors, the right IPO can deliver strong returns, especially if the company has solid fundamentals, a scalable business model, and strong demand in the primary market. This blog highlights five of the most anticipated upcoming IPOs in India in 2025, which could be worth watching for long-term gains.
1. OYO Rooms (Oravel Stays Ltd) – Free Recharge
- Sector: Hospitality and Travel
- Expected IPO Size: ₹8,000 crore+
- Why It Matters: Backed by SoftBank, OYO has significantly restructured its business post-COVID. With an improved financial position and global reach, its IPO is expected to generate high investor interest.
Long-Term Potential: Scalable global model in budget hospitality, strong brand recall, and improving margins.
2. Swiggy – Free Recharge
- Sector: Food Delivery & Quick Commerce
- Expected IPO Size: ₹9,000–₹10,000 crore
- Why It Matters: As a strong competitor to Zomato, Swiggy’s IPO is expected to draw massive investor attention, especially with its rapid expansion in Instamart (grocery delivery) and subscription services.
Long-Term Potential: Growing market, multiple revenue streams, and high daily user engagement.
3. Ola Electric
- Sector: Electric Vehicles (EV)
- Expected IPO Size: ₹7,000 crore+
- Why It Matters: As India pushes for EV adoption, Ola Electric leads the two-wheeler segment. The company is investing heavily in battery manufacturing and technology R&D.
Long-Term Potential: EV sector growth, first-mover advantage, and government support for clean mobility.
4. FirstCry
- Sector: Baby Products & E-Commerce
- Expected IPO Size: ₹3,000–₹4,000 crore
- Why It Matters: FirstCry dominates the baby and kids’ products market in India. It has expanded its offline presence and is backed by major investors like SoftBank and PremjiInvest.
Long-Term Potential: Strong niche focus, brand loyalty, and increasing demand from young parents in tier 2 and 3 cities.
5. Mobikwik
- Sector: Digital Payments & Fintech
- Expected IPO Size: ₹1,500–₹2,000 crore
- Why It Matters: Competing with giants like Paytm and PhonePe, Mobikwik focuses on underserved fintech segments like small loans, wallets, and BNPL (Buy Now Pay Later).
Long-Term Potential: Growing fintech market, unique positioning, and increasing user base.
Things to Keep in Mind Before Investing in IPOs
- Read the DRHP (Draft Red Herring Prospectus) carefully
- Check the company’s past financials and future business model
- Evaluate the valuation compared to listed peers
- Don’t invest in hype — focus on fundamentals
- Long-term gains require patience and risk understanding
Conclusion
The IPOs listed above have strong brand presence, investor backing, and scalable business models. For retail and long-term investors, 2025 could be a golden opportunity to enter early into some of India’s next-generation companies.
Always do your own research before applying, and consider holding quality IPOs beyond the listing day to unlock true wealth creation potential.