The Indian IPO market in July 2025 continues to provide fresh opportunities for investors who keep an eye on public offerings and market sentiment. As several companies have debuted on the stock exchanges this month, it’s clear that certain IPOs have delivered impressive returns—rewarding early investors with solid gains. Here’s an easy-to-read review of which recent Indian IPOs have performed best this July, plus actionable insights for readers looking to navigate future IPOs confidently.
IPOs Delivering the Best Returns in July 2025
1. Anthem Biosciences IPO
- Listing Date: July 21, 2025
- Issue Price: ₹570 per share
- Listed At: ₹723.05 per share
- Listing Gain: 26.85%
- Return per Lot: ₹3,979.30 on a lot size of 26 shares
Anthem Biosciences offered one of the most lucrative listings for investors this month. With strong demand and a premium listing, those allotted shares saw significant returns on listing day itself. The company, operating in the pharma and specialty chemical space, posted a 30% revenue jump and a 23% PAT increase over the last year, making it an investor favorite.
2. Smarten Power Systems IPO
- Listing Date: July 14, 2025
- Issue Price: ₹100 per share
- Tentative Listing Gain: Market sources suggested a neutral to mildly positive grey market premium, but financial performance was strong, with a PAT rise of 13.1% in FY25 and a solid Return on Net Worth of 33.14%.
While Smarten Power’s positional listing gain was moderate, its long-term financial indicators remain healthy. Its focus on advanced solar and power backup solutions continues to attract investors interested in the green energy and technology sector.
3. Crizac Limited IPO
- Listing Date: July 9, 2025
- Issue Price: ₹245 per share
- Financial Growth: 16% revenue increase and 29% profit growth in FY25
- Highlights: Crizac’s strong presence in global education and plans for diversified service offerings boosted subscription, even if listing-day gains were moderate versus market expectations. Aggressive investors may view it as a medium-term bet due to rapid sector expansion.
Other Noteworthy Listings
- HDB Financial Services: Delivered a 13.64% gain on listing.
- Globe Civil Projects: Up 26.75% after listing, showing strong demand in infrastructure.
- Scoda Tubes & Prostarm Info Systems: Provided significant post-listing appreciation, rising 37.75% and 42.48% respectively, indicating robust backing for industrial/tech-oriented companies.
Key Trends This Month
- Sector Leaders: Healthcare/pharma (Anthem Biosciences), green energy (Smarten Power), and tech-driven services (Crizac) were the top-performing verticals.
- Retail Participation: The ease of investment through UPI/ASBA, better information access, and a rising trend of short-term IPO gains have increased the volume of retail investors.
- Robust Fundamentals Matter: Listings with strong revenue growth, profitability, and sector tailwinds rewarded investors most.
Also Read Top Upcoming IPOs to Watch in India – July & August 2025
Actionable Tips for IPO Investors
- Study Fundamentals: Listing gains are higher for companies with strong financial growth and sustainable sector demand.
- Watch Grey Market Premiums: GMPs can signal listing day sentiment, though actual performance may differ.
- Diversify Applications: Apply to multiple IPOs to spread risk—don’t put all your capital in one basket.
- Consider Sector Trends: Sectors like healthcare, technology, and financials continue to outperform in the current IPO cycle.
Final Thoughts
July 2025 has shown that well-priced, fundamentally solid IPOs offer some of the best opportunities for Indian investors. Anthem Biosciences leads with one of the highest immediate returns, while companies like Smarten Power and Crizac are attracting attention for their long-term promise. Keeping an eye on upcoming IPOs, evaluating fundamentals, and staying attuned to wider market trends can help investors maximize returns in an increasingly active primary market.
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