IPO Wave 2025: 3 Major Public Issues To Hit D-Street In 2025, Players Like Reliance & Tata To Enter; Check

As we approach 2025, a lineup of companies is preparing to make their market debut, each poised to redefine industries and spark investor interest. From a telecom giant transforming digital connectivity, to a leader in electric vehicles pushing for a greener future, to a top wearable-tech brand disrupting the consumer electronics space, these IPOs are much more than investment opportunities. Here's a closer look at the top 3 companies to watch in the upcoming IPO wave of 2025.

1. Reliance Jio

Reliance Jio, a subsidiary of Reliance Industries Limited, has made waves since its launch in September 2016. By offering affordable 4G services, free voice calls, and data-driven packages, Jio catalyzed a telecom revolution, pushing competitors to reduce prices and boosting mobile internet usage nationwide. With its expansive reach that covers both urban and rural areas, Jio also offers popular value-added services like JioTV, JioSaavn, and JioCinema.

As Jio eyes a major IPO in 2025, with a potential valuation exceeding Rs 9.3 trillion, the anticipation is palpable. The company's recent moves, such as tariff hikes focused on monetizing subscriber growth while keeping feature phone tariffs steady, indicate a well-planned strategy to maximize profitability and further strengthen market share. Analysts believe Jio's IPO debut will mark a significant milestone in India's telecom sector.

2. Tata Passenger Electric Mobility

Tata Passenger Electric Mobility Limited (TPEML), the electric vehicle arm of Tata Motors, is all set to hit the market next year. Established in 2021 to focus exclusively on electric vehicles, TPEML acquired Ford India's state-of-the-art /manufacturing plant in Gujarat in 2023, a facility with a scalable production capacity of up to 4,20,000 units per year. This acquisition is part of Tata's ambitious expansion strategy, and the company has already launched successful EV models, including the Nexon EV and Tiago EV, commanding an 80% market share in India's EV market.

TPEML's IPO is anticipated to be valued between $ 1-2 billion, with a listing expected within the next 12 months. The company's rise in the EV segment is largely due to its strong pipeline of affordable and luxury electric vehicles. Over the next three to four years, TPEML plans to introduce ten new EV models, a move likely to cement its position as an EV leader in India. Tata's collaboration with Jaguar Land Rover (JLR) is particularly noteworthy, with plans to develop a premium EV series under the brand name "Avinya." TPEML's cutting-edge acti.ev architecture promises ranges between 300-600 kilometres per charge and fast-charging technology.

3. Imagine Marketing (boAt)

Imagine Marketing, widely known as boAt, has become a prominent name in India's consumer electronics and wearable tech market. Founded in 2013, boAt has successfully captured India's young, tech-savvy demographic with products like smartwatches, earphones, and wireless speakers that combine innovation with affordability. BoAt's marketing strategies, include leveraging influencer collaborations and tapping into events and sports sponsorships.

BoAt's IPO, targeting a valuation of $ 1.5-2 billion, aims to raise funds that will fuel expansion into new lifestyle categories, brand investments, and marketing initiatives. The company filed its Draft Red Herring Prospectus (DRHP) with SEBI in January 2022, with plans to raise Rs 20 billion through the IPO, including a fresh issue of shares worth Rs 900 crore and an offer for sale valued at Rs 1,100 crore. Co-founder Aman Gupta has expressed optimism about the brand's future, and with expansion plans that include launching in the UAE.

The 2025 IPO market in India is brimming with potential, marked by an impressive lineup of companies across telecom, electric vehicles, and consumer tech. These IPOs signify much more than just entry into public trading; they embody shifts in consumer preferences, technological advancements, and environmental consciousness. The Indian IPO landscape is currently witnessing a historic surge, with 12 multibagger IPOs recorded post-Diwali 2023.

India's economic climate has been particularly supportive of IPOs, with market conditions prompting companies to go public at record rates. According to EY India's report, the main market saw a 29% increase in IPOs in Q3 2024, raising a staggering $4,285 million-a 142% jump compared to the same period last year. This favourable environment has set the stage for ambitious companies like Jio, TPEML, and boAt to seek IPOs.

While the excitement surrounding these IPOs is undeniable, it's important for investors to proceed with caution. High-profile IPOs come with both high potential and inherent risks. Reliance Jio's leadership in the telecom sector, TPEML's stronghold in the EV market, and boAt's brand power in wearable tech certainly suggest promising returns, but challenges are inevitable as these companies navigate a highly competitive landscape. Economic variables, regulatory shifts, and technological disruptions can impact the post-IPO performance of even the most promising companies.