2025 IPOs: Money Doubled on Some, 45% Lost on Others

• Many IPOs in 2025 delivered substantial returns, with some mainboard and SME listings doubling investor money on listing day.
• Mainboard IPOs like Highway Infra (72.50% gain) and Urban Company (61.97% gain) were top performers.
• SME IPOs such as Airfloa Rail Tech and Exato Tech saw investor capital double on their listing day.
• Conversely, some IPOs resulted in significant losses, with Arunaya Organics dropping 45.52% on listing.
• Other major flops included SSMD Agrotech (36.65% loss) and Glottis (35.12% loss).

Why It Matters: 2025 IPOs show high returns for some, but significant losses for others.