December 2025 has shaped up to be one of the busiest months for India’s primary market. With a packed IPO calendar across both mainboard and SME segments, investors are witnessing one of the most dynamic years for public listings. The momentum built through the year has continued into December, with companies from diverse sectors—technology, manufacturing, fintech, health, retail, and asset management—stepping forward to tap into the rising investor appetite. This article offers a complete overview of the top IPOs to watch in December 2025 and highlights key details, market expectations, and investor insights.
India’s IPO Market in 2025: A Strong Finish to the Year
The year 2025 has been highly successful for the Indian equity market. Buoyed by strong economic growth, increasing retail participation, and improved global sentiment, companies of all sizes have lined up to capitalize on the bullish atmosphere. December has emerged as one of the strongest closing months with multiple high-profile IPOs, including Meesho, Wakefit, and ICICI Prudential Asset Management.
The mix of mainboard giants and fast-growing SME companies ensures that investors—from small retail participants to institutional buyers—have abundant choices to diversify their portfolios.
- Meesho IPO — The Most Anticipated Tech Listing of the Month
One of the biggest highlights of December 2025 is the much-awaited Meesho IPO. As one of India’s fastest-growing e-commerce and social commerce platforms, Meesho’s public offering has generated massive excitement among investors.
Why It Matters:
The company hosts millions of small sellers and women entrepreneurs.
It has become a leading competitor to giants like Amazon and Flipkart.
Strong revenue growth, improved profitability metrics, and a large user base make it a major tech story of the year.
The IPO is expected to attract huge participation from retail and institutional investors alike, signaling the growing maturity of India’s tech ecosystem.
- Wakefit Innovations IPO — A Consumer Brand Going Big
Wakefit Innovations, known for its mattresses, home furniture, and sleep solutions, opened its IPO on December 8. The brand has expanded rapidly and is now one of India’s top direct-to-consumer (D2C) companies.
Key Reasons Investors Are Interested:
Impressive revenue growth from e-commerce channels
Expansion into home furniture and lifestyle products
Strong brand recall among young urban consumers
Asset-light business model improving margins
Given the massive size of India’s home and lifestyle segment, Wakefit’s market debut is expected to attract significant investor traction.
- ICICI Prudential Asset Management IPO — A Major Financial Sector Listing
Scheduled to open on December 12, the ICICI Prudential AMC IPO is among the largest offerings of the month. Backed by strong parentage—ICICI Bank and Prudential Plc—the AMC has built a reputation for trust, transparency, and consistent returns.
What Makes This IPO Special:
One of India’s top mutual fund houses
Large assets under management (AUM)
Strong financial performance and robust customer base
Solid long-term growth potential due to rising financial literacy and SIP investments
This IPO is expected to be a major draw for long-term investors looking for stability.
- Aequs IPO — Boost for the Manufacturing Sector
Aequs is a leading manufacturing company focused on aerospace, precision engineering, and industrial solutions. Its IPO opened earlier in the month and has caught the attention of investors looking for growth in the manufacturing and export sectors.
Highlights:
Strong international client base
Increasing global demand for aerospace components
Government support through “Make in India” initiatives
Growing share in precision engineering solutions
Aequs is seen as a long-term contender in India’s industrial growth story.
- Vidya Wires IPO — Promising SME Manufacturing Opportunity
Vidya Wires, a well-known SME manufacturer specializing in insulated copper and aluminum winding wires, also launched its IPO this month.
Why Investors Are Considering It:
Rising demand from the electrical and electronics industrie
Expansion across new industrial segments
Affordable pricing makes it attractive to retail SME investors
Strong fundamentals and steady demand in the engineering sector make this a viable choice for medium to long-term investment.
Other Noteworthy IPOs Scheduled for December 2025
Apart from the big names, several SME and mid-sized companies are entering the market. These include businesses across pharmaceutical, IT services, consumer products, and specialty manufacturing sectors. Investors looking for high-growth opportunities in niche markets can explore these offerings as well.
Some SME IPOs to Watch:
Riddhi Display
Corona Remedies
Various tech and services-based SMEs
Companies in renewable energy components
FMCG and logistics SMEs gaining interest
The SME segment has shown strong oversubscription trends in 2025, indicating robust investor confidence.
Market Outlook: What Investors Should Know
With so many IPOs, it is essential for investors to evaluate opportunities carefully.
Key Factors to Consider:
Company fundamentals: Revenue, profits, debt, and growth trajectory
Sector performance: Future demand, competition, and economic conditions
Valuation: Whether the IPO price band is justified
Long-term potential: Ability to sustain growth after listing
Subscription trends: Indication of investor confidence
Retail investors should be cautious of hype and invest based on research, not momentum alone. Long-term fundamentals always outweigh short-term listing gains.
Impact of December 2025 IPOs on the Market
The high number of IPOs signals strong confidence in India’s economic growth. Key impacts include:
Increased liquidity in capital markets
Enhanced investor participation
Rising global interest in Indian equities
Boost for sectors like tech, manufacturing, and financial services
Higher visibility for SMEs
This month’s IPO rush is expected to strengthen India’s position as one of the world’s fastest-growing equity markets.
Conclusion
December 2025 is shaping up to be a landmark month for India’s IPO market, with a diverse mix of high-profile and SME listings. Meesho, Wakefit, ICICI Prudential AMC, Vidya Wires, and Aequs are among the top companies capturing investor interest. With strong momentum and increased retail participation, the month offers exciting opportunities for both short-term and long-term investors.
As always, caution and research are key. For investors who analyze trends carefully, December 2025 could be an excellent window to discover promising new additions to their portfolios.
