India is poised to see a boom in initial public offerings (IPOs) compared to 2024. As per market reports, the total equity fundraising via IPOs in India could surpass $23 billion in 2025, compared to $19.6 billion in 2024. Recently, the capital market regulator, the Securities and Exchange Board of India (SEBI), approved Bluestone Jewellery and Lifestyle and GK Energy to float their initial public offerings (IPOs).
BlueStone Jewellery and Lifestyle Limited, based in Bengaluru, is a provider of contemporary lifestyle jewelry crafted from diamonds, gold, platinum, and other studded materials under the brand name BlueStone. The upcoming IPO of Bluestone is a combination of a fresh issue of shares up to ₹1,000 crore and an offer for sale of up to 2,39,86,883 equity shares from selling shareholders. The company filed its IPO application with SEBI on December 11, 2024.
Axis Capital Limited, IIFL Capital Services Limited, and Kotak Mahindra Capital Company Limited are managing the book for this IPO, with KFin Technologies Limited acting as the registrar.
GK Energy Limited, which specializes in the engineering, procurement, and commissioning (EPC) of solar-powered agricultural water pump systems through direct-to-beneficiary sales and other channels, has also received final approval from SEBI to raise funds through an IPO. The GK Energy IPO includes a fresh issue of shares up to ₹500 crore and an offer for sale of 84,00,000 equity shares from selling shareholders. The offer also includes reservations for eligible employees. The company submitted its IPO application to SEBI on December 13, 2024.
IIFL Capital Services Limited and HDFC Bank Limited are the book-running lead managers for this IPO, with Link Intime India Private Limited serving as the registrar.
Also Read: Pace Digitek Files Draft Papers for ₹900 Crore IPO with SEBI
The IPO market in India may witness a staggering growth in 2025, and the recent approval by the market regulator SEBI for BlueStone Jewellery and GK Energy IPO aid the growth of the primary market.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 9, 2025, 8:34 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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