New Delhi. So far, 93 main board IPOs have hit the stock market in the year 2025. As far as returns are concerned, the performance of IPOs this year has been mixed. Only three stocks listed this year have given multibagger returns so far. At the same time, the shares of 7 companies have increased by more than 50% since their listing and there is a possibility of getting multibagger returns from them in the coming time. Despite the market being range-bound this year, 57 newly listed stocks are still trading in the green.
Analysts say the flood of IPOs between 2023 and 2025 has affected the quality of returns. After the initial rise, the share prices of many companies have stagnated or slipped below their listing price. On the other hand, the interest of retail investors is still strong. Small investors are attracted to IPOs with the hope of “quickly doubling their money”.
Multibagger IPO 2025
Aditya Infotech: Aditya Infotech has given the highest return so far in the IPO this year. After listing, the price of this share has increased by 155% so far. Strong business fundamentals and increasing demand for CP Plus brand security products have powered its growth. The company’s shares were listed at around ₹1,018 on August 5, 2025, which was a 50.8% premium over its IPO price of ₹675. At present the market cap of the company is ₹20,143.89 crore. Its IPO was subscribed 100.69 times.
Stallion India Fluorochemicals: This company has given approximately 130% returns since its listing in early 2025. Capacity building and focus on fast-growing sectors like fluorochemicals have strengthened it. The share was listed at ₹120, which was a 33.33% premium to the issue price of ₹90. Its IPO was subscribed 188.4 times. The company sells fluorochemicals, refrigerant gases and industrial gases, and is expected to commission new capacity by mid-2026.
Aether Energy: Ather Energy listed on 6 May 2025, where the shares were issued at an IPO price of ₹321. It opened at ₹328 (2.18% premium) on NSE, while it opened at ₹326.05 (1.57% premium) on BSE. Its stock has increased by about 113% since IPO.
Ather Energy, ranked among India’s top EV two-wheeler makers, is benefiting from new product launches, boom in the EV sector and strong battery/charging technology. The company itself designs and manufactures electric two-wheelers, battery packs, charging systems and software.
They gave more than 50 percent returns
Prostorm Info Systems, BillionBrain Garage Ventures (Groww), Anand Rathi Share Stock, Enlon Healthcare, Belrise Industries, Quality Power Electrical and Jain Resource Recycling IPOs were listed in the market this year itself. Till now they have given more than 50 percent returns to investors.
