7 Upcoming IPOs: From Jewellery, Pharma, Solar, Chemicals to Tech, which companies to debut in stock market
GH News October 21, 2025 12:06 AM

There has been a boom of IPOs in the Indian stock market for many months but the rally is not yet over. The capital market regulator SEBI (Securities and Exchange Board of India) has given approval for several companies to launch their IPOs.
These companies are from different sectors like jewelry chemicals renewable energy and logistics. SEBI has cleared seven companies for IPO launches in a diverse range of sectors and investment opportunities in the upcoming IPO calendar.
7 IPOs In Upcoming Week
PNGS Reva Diamond Jewellery Ltd.: A jewelry retailer planning its expansion in premium diamond and gold collections.
Sudeep Pharma Ltd.: A Gujarat-based manufacturer specializing in calcium phosphates and specialty excipients for pharmaceuticals and food with proceeds targeted for capacity expansion and machinery upgrades.
Rayzon Solar Ltd.: Received approval for one of the year’s largest renewable energy IPOs aiming to raise Rs 1500 crore to boost solar manufacturing capacity.
Shadowfax Technologies Ltd.: A logistics technology firm.
Safex Chemicals Ltd.: Engaged in agrochemicals.
Aggcon Equipments International Ltd.: Infrastructure equipment sector participant.
Asset Reconstruction Company (India) Ltd. (ARCIL): A financial sector entity focused on asset reconstruction.
This batch of IPO approvals shows a pipeline for India’s capital markets and shows investor interest in these segments like jewelry pharmaceuticals green energy logistics chemicals infrastructure and finance.