The top 10 newly listed IPOs that have attracted the highest shareholding from Foreign Institutional Investors (FIIs), with stakes going up to 7.65 percent after listing. These IPOs have drawn strong interest from global investors, indicating confidence in their business models, growth potential, and long-term prospects. The rankings reflect early FII participation in India’s newest market entrants.
Here are the top 10 newly listed IPOs with the highest FII holdings up to 7.65%
With a market capitalization of Rs. 28,465.77 crore, the shares of Pine Labs Limited were currently trading at Rs. 247.90 per equity share, rising nearly 2.46 percent from its previous day’s close price of Rs. 241.95.
Pine Labs Limited has raised an amount of Rs. 3,900.17 crore, which includes fresh issue of 9.41 crore shares aggregating to Rs. 2,080.26 crores and offer for sale of 8.23 crore shares aggregating to Rs. 1,819.91 crores. In the shareholding pattern, FIIs have invested a 5.14 percent stake in the company as of November 2025.
Pine Labs Limited was established in 1998 and provides digital payments, POS solutions, merchant financing, and issuing services to merchants, brands, enterprises, and banks in India and markets like the UAE, Singapore.
With a market capitalization of Rs. 191.85 crore, the shares of Gallard Steel Limited were currently trading at Rs. 201.95 per equity share, down nearly 0.27 percent from its previous day’s close price of Rs. 202.50.
Gallard Steel Limited has raised an amount of Rs. 37.50 crore, which includes entirely a fresh issue of 0.25 crore shares of Rs. 37.50 crore. In the shareholding pattern, FIIs have invested a 5.02 percent stake in the company as of November 2025
Gallard Steel manufactures ready-to-use cast components, assemblies, and subassemblies for Indian Railways, defence, power generation, and heavy industries from its ISO-certified Pithampur foundry since its inception.
With a market capitalization of Rs. 19,776.61 crore, the shares of Tenneco Clean Air India Limited were currently trading at Rs. 490 per equity share, down nearly 0.02 percent from its previous day’s close price of Rs. 490.10.
Tenneco Clean Air India Limited has raised an amount of Rs. 3,600 crore, which includes an offer for sale of 9.07 crore shares of Rs. 3,600.00 crore entirely. In the shareholding pattern, FIIs have invested a 4.27 percent stake in the company as of November 2025
Tenneco Clean Air India Limited was started in 1979 with the Parwanoo plant and manufactures clean air solutions like catalytic converters, DPFs, and exhaust systems for Indian OEMs in the auto, powertrain sectors across 12 facilities.
With a market capitalization of Rs. 14,719.26 crore, the shares of Emmvee Photovoltaic Power Limited were currently trading at Rs. 212.60 per equity share, down nearly 3.43 percent from its previous day’s close price of Rs. 220.15.
Emmvee Photovoltaic Power Limited has raised an amount of Rs. 2,900 crore, which includes fresh issue of 9.88 crore shares aggregating to Rs. 2,143.86 crores and offer for sale of 3.48 crore shares aggregating to Rs. 756.14 crores. In the shareholding pattern, FIIs have invested a 6.17 percent stake in the company as of November 2025.
Emmvee Photovoltaic manufactures solar PV modules and cells using TOPCon technology, boasting 7.8 GW module and 2.94 GW cell capacity at Karnataka facilities.
With a market capitalization of Rs. 344.05 crore, the shares of Mahamaya Lifesciences Limited were currently trading at Rs. 147 per equity share, rising nearly 10.53 percent from its previous day’s close price of Rs. 133.
Mahamaya Lifesciences Limited has raised an amount of Rs. 70.44 crore, which includes fresh issue of 0.56 crore shares aggregating to Rs. 64.28 crores and offer for sale of 0.05 crore shares aggregating to Rs. 6.16 crores. In the shareholding pattern, FIIs have invested a 6.39 percent stake in the company as of November 2025.
Mahamaya Lifesciences Limited was incorporated in 2002 and produces pesticide formulations, technicals, and bioproducts for crop protection, supplying to domestic firms, MNCs, and exporting to the UAE, Turkey from modern plants.
With a market capitalization of Rs. 243.34 crore, the shares of Game Changers Texfab Limited were currently trading at Rs. 136 per equity share, down nearly 0.51 percent from its previous day’s close price of Rs. 136.70.
Game Changers Texfab Limited has raised an amount of Rs. 54.84 crore, which includes entirely a fresh issue of 0.54 crore shares of Rs. 54.84 crore. In the shareholding pattern, FIIs have invested a 7.65 percent stake in the company as of November 2025.
Game Changers Texfab Limited was established in 2015 and sources and supplies fabrics to specs for the B2B textile market, with more than 10,000 designs in cotton, silk, and technical textiles via 10 offices.
With a market capitalization of Rs. 11,675.50 crore, the shares of Canara HSBC Life Insurance Company Limited were currently trading at Rs. 122.90 per equity share, rising nearly 1.49 percent from its previous day’s close price of Rs. 121.10.
Canara HSBC Life Insurance Company Limited has raised an amount of Rs. 2,517.50 crore, which includes an offer for sale of 23.75 crore shares of Rs. 2,517.50 crore entirely. In the shareholding pattern, FIIs have invested a 6.97 percent stake in the company as of October 2025.
Canara Bank and HSBC were launched in 2007 by Canara HSBC Life Insurance Company Limited. The company provides life insurance products like 20 individual and 7 group plans through bancassurance from more than 15,700 branches for protection and savings.
With a market capitalization of Rs. 349.13 crore, the shares of DSM Fresh Foods Limited were currently trading at Rs. 156.65 per equity share, rising nearly 0.48 percent from its previous day’s close price of Rs. 155.90.
DSM Fresh Foods Limited has raised an amount of Rs. 59.06 crore, which includes entirely a fresh issue of 0.59 crore shares of Rs. 59.06 crore. In the shareholding pattern, FIIs have invested a 6.45 percent stake in the company as of October 2025.
DSM Fresh Foods Limited retails fresh meat and ready-to-cook/eat non-veg products under the Zappfresh brand via online delivery, specializing in quality meat supply across India.
With a market capitalization of Rs. 764.36 crore, the shares of Advance Agrolife Limited were currently trading at Rs. 118.90 per equity share, down nearly 1.90 percent from its previous day’s close price of Rs. 121.20.
Advance Agrolife Limited has raised an amount of Rs. 192.86 crore, which includes entirely a fresh issue of 1.93 crore shares of Rs. 192.86 crore. In the shareholding pattern, FIIs have invested a 6.13 percent stake in the company as of October 2025.
Advance Agrolife Limited manufactures agrochemicals, including pesticides for full crop lifecycle protection from its Jaipur base, serving farming needs with crop solutions.
With a market capitalization of Rs. 135.02 crore, the shares of KVS Castings Limited were currently trading at Rs. 72 per equity share, rising nearly 0.32 percent from its previous day’s close price of Rs. 71.77.
KVS Castings Limited has raised an amount of Rs. 27.83 crore, which includes entirely a fresh issue of 0.50 crore shares of Rs. 27.83 crore. In the shareholding pattern, FIIs have invested a 5.59 percent stake in the company as of October 2025.
KVS Castings Limited from Kashipur specializes in ferrous castings like cast iron, SG iron, alloy, stainless steel for diverse industries as part of the KVS Premier Group.
Written By – Nikhil Naik
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