Upcoming IPOs in 2025 are once again going to rock the Indian stock market! SEBI has recently given the green signal to three big mainline IPOs, which are bringing a golden opportunity for investors. These are Hero Fincorp (₹3,668 crores), HDB Financial Services (₹12,500 crores) and Vikram Solar (₹1,500 crores). The grey market premium (GMP) in all three IPOs is trading at more than 30%, which has increased the hope of good returns on listing. The dates of these three IPOs will be announced soon. Let’s know about the IPOs in detail and know why you should apply for them!
1. Hero Fincorp IPO: blockbuster offer
Hero Fincorp, the financial services arm of Hero MotoCorp, is a top NBFC. Its IPO of ₹3,668 crore has been approved by SEBI. This includes a fresh issue of ₹2,100 crore and an offer for sale (OFS) of ₹1,568 crore.
Key highlights of Hero Fincorp IPO:
- Plan: The money coming from the IPO will be used to increase Tier-I capital and boost MSME, retail lending.
- Business: Offers products like two-wheeler financing, affordable housing loans, education loans, and SME loans.
- Market Strength: Assets Under Management (AUM) of ₹51,821 crore as of March 2024, of which 65% are retail and 21% are MSME loans.
- Hero Fincorp IPO GMP: 30%+ GMP, which indicates big profits on listing.
- Halal Status: Hero Fincorp’s business is to lend finance and all these activities involve interest. Hence Hero Fincorp cannot be considered Halal.
Why apply? Hero MotoCorp’s strong growth in the banking and NBFC sector makes it an excellent long-term investment.
2. HDB Financial Services IPO
HDB Financial Services, a subsidiary of HDFC Bank and one of the top NBFCs in the country, is all set to hit the market with an IPO of Rs 12,500 crore. This could be the biggest IPO in the NBFC sector so far.
HDB Financial IPO Highlights:
- IPO Structure: Fresh issue of ₹2,500 crore and OFS of ₹10,000 crore in which HDFC Bank will reduce its stake.
- Fund Use: To strengthen Tier-I capital and business expansion.
- Reach: Strong network in Poor Bharat and leading position in retail, MSME loans.
- HDB Financial GMP: GMP more than 25%, which shows strong possibility of listing gain.
- Halal Status: HDB Financial Services is a subsidiary of HDFC Bank. We all know that HDFC Bank’s business is not considered halal in Islam. HDB Financial business is also like that of a bank. HDB Financial is not halal
Why is it special? HDFC Bank’s trust and RBI’s listing rules make it a safe and profitable bet. Best option for short and long-term
3. Vikram Solar IPO: A bet on green energy
A major solar module manufacturer in India, is going to make a big move in the renewable energy sector with a ₹1,500 crore IPO.
Vikram Solar IPO Details:
- IPO Breakup: Fresh issue of ₹1,500 crore and OFS of 1.74 crore shares.
- Use of Fund: Setup 3,000 MW solar cell and module manufacturing unit in Tamil Nadu, and expand capacity to 6,000 MW.
- Growth Scope: Increasing demand for solar energy in India makes it future-proof.
- Vikram Solar GMP: 35%+ GMP, which indicates a good return on listing.
- Halal status: Vikram Solar, a major solar module manufacturer. This type of business is considered Halal in Islam. It is important to know how much debt the company has and whether there is any interest income as part of it. Vikram Solar can be considered a Halal stock.
Why invest? The demand for renewable energy is increasing in the global and Indian markets. This IPO is perfect for green investment.
Why is it important to apply in these upcoming IPOs?
- Hero FinCorp: Growth of NBFC sector and brand value of Hero MotoCorp.
- HDB Financial: Backing of HDFC Bank and bigger IPO size.
- Vikram Solar: Increasing scope and global demand in renewable energy.
Conclusion
Hero Fincorp, HDB Financial Services and Vikram Solar are the upcoming IPOs that are going to create a big stir in the Indian market. With 30%+ GMP, these IPOs are offering a great opportunity for listing gains and long term growth. If you are looking to step into IPO investing, then investing in these three IPOs is a must. Connect with your broker today and don’t miss out on this golden opportunity!
Disclaimer: Investing in IPO comes with risk. Consult a financial advisor