Next Week’s IPO Wave: Wework India to Infinity Infoway — Stocks That Could Deliver Up to 33% Gains

The Indian stock market’s IPO season is heating up again. After a period of moderate listings and cautious investor sentiment, five fresh IPOs are set to hit Dalal Street next week, with analysts forecasting returns up to 33%.

The lineup includes some diverse names — from Wework India’s high-profile debut to Infinity Infoway’s tech-driven issue, alongside smaller but promising offerings in manufacturing, retail, and financial services.

This surge signals renewed investor optimism driven by a buoyant secondary market, strong institutional participation, and the anticipation of a pre-election economic boost.

As the IPO rush gathers momentum, let’s break down each offering — what’s driving the hype, where the risks lie, and how investors can position themselves for the coming week.

Wework India: The Big Brand Bet

A Make-or-Break Listing

Wework India’s IPO is undeniably the biggest headline-grabber of the week. The company — a joint venture between Embassy Group and Wework Global — is expected to attract significant institutional interest. Despite its parent company’s global financial troubles, Wework India’s business model has been consistently profitable, with a strong portfolio of managed workspaces across metros like Bengaluru, Mumbai, and Gurugram.

Market insiders estimate that the issue could be valued around ₹1,200 crore, with a potential listing gain of 20–25%, depending on subscription levels.

Why It Stands Out

• Consistent occupancy above 82%, despite hybrid work models.
• Corporate clientele including startups, MNCs, and tech firms.
• Strong backing from Embassy Group ensures liquidity stability.

However, brand overhang and valuation concerns may weigh on retail participation. Analysts suggest the IPO will likely appeal more to long-term investors betting on India’s growing flexible workspace economy.

👉 Related read: How Indian coworking startups are defying global office trends.

Infinity Infoway: Riding the Tech and AI Boom

The Digital Story Continues

Infinity Infoway’s IPO is another name drawing attention from retail and HNI investors. The Surat-based tech firm provides digital transformation, AI, and ERP-based solutions across multiple sectors — and has been quietly expanding its footprint in mid-cap IT outsourcing.

The company’s IPO size is expected around ₹300 crore, with grey market trends hinting at a potential 30–33% listing gain.

What Works in Its Favor

• Early adoption of AI and cloud-based solutions for MSMEs.
• Growing export contracts with Southeast Asian clients.
• Strong financial growth — revenue up 65% YoY in FY24.

Still, analysts caution against inflated short-term expectations. Infinity Infoway’s valuation is on the higher side compared to its peers, meaning post-listing sustainability will depend on quarterly performance.

👉 Also read: Top tech IPOs to watch in 2025’s digital transformation wave.

Kundan Edutech: Small-Cap With Steady Returns

The EdTech Reboot

After a lull in the education startup space, Kundan Edutech’s IPO marks a quiet yet notable comeback for smaller EdTech players. Focused on skill training and competitive exam prep in Tier 2 and Tier 3 cities, the company’s lean model offers operational efficiency with low burn rates.

The IPO size is modest — ₹150 crore, with analysts predicting a listing premium of around 10–15%.

Why Investors Are Interested

• Government’s Skill India 2.0 and NEP reforms have revived investor interest in hybrid education platforms.
• The company’s profit margins have stabilized at 18–20%, unusual for EdTech startups.
• Strong offline network across 40+ cities.

However, competition from digital-first giants like BYJU’S and Unacademy remains a concern. The success of this IPO will depend on how well Kundan balances digital expansion with localized engagement.

Parth Industries: Manufacturing’s Quiet Momentum

Back to Basics

While flashy tech IPOs dominate headlines, Parth Industries represents the revival of India’s manufacturing base. Specializing in industrial machinery and precision components, the Gujarat-based company is seen as a solid but unspectacular pick — offering steady, dividend-backed potential rather than high volatility.

The IPO, valued around ₹200 crore, has already drawn attention from mutual funds focused on small-cap exposure. Analysts expect listing gains of 8–12%, with upside potential for long-term investors seeking exposure to India’s infrastructure and manufacturing revival.

Key Drivers

• Benefiting from ‘Make in India’ and PLI schemes.
• Rising order book from construction and defense sectors.
• Debt-free balance sheet with consistent free cash flow.

👉 Read next: India’s manufacturing sunrise: Small-cap stocks powering the new growth story.

Deltapoint Finance: The NBFC Revival Play

A Sector Rebounding Strongly

Rounding off the week’s IPO list is Deltapoint Finance, a non-banking financial company (NBFC) catering to MSMEs and small entrepreneurs. The financial sector, once plagued by liquidity and compliance issues, has shown a strong post-COVID recovery.

The ₹250 crore issue aims to raise capital for expansion into Northern and Eastern India. Analysts forecast 15–20% gains on listing, supported by strong underwriting and stable profitability.

Highlights

• 3-year CAGR of 26% in loan book growth.
• Low NPA ratio under 1.5%.
• Focused on underserved SME segments rather than consumer loans.

With the RBI tightening scrutiny on NBFCs, Deltapoint’s conservative lending strategy could help sustain investor confidence in the long run.

Market Sentiment and Expert Outlook

The broader market environment is turning favorable again for IPOs. Nifty and Sensex have gained over 3% in the past month, boosting retail sentiment.

According to brokerage estimates, upcoming IPOs could collectively attract ₹2,000–₹2,500 crore in retail investment, marking a sharp rebound from muted participation earlier this quarter.

Investment experts believe these IPOs are likely to witness strong oversubscription — particularly Wework India and Infinity Infoway — as investors chase quick listing gains amid improving liquidity and positive FII flows.

Still, caution is advised. Analysts warn that valuations are peaking in certain sectors, especially tech and consumer finance. For those entering at the IPO stage, a selective approach focusing on fundamentals rather than brand hype remains key.

The Bigger Picture: What This Wave Means for 2025

The new IPO surge underscores the confidence in India’s capital markets despite global volatility. It reflects a maturing investor base, stronger domestic liquidity, and improved regulatory oversight by SEBI.

If these issues perform well next week, it could open the floodgates for several more listings lined up for late 2025 — including Swiggy, Ola Electric, and PharmEasy, which are expected to test the market’s appetite for large-cap digital IPOs.

For now, next week’s IPOs represent a perfect snapshot of India’s economic diversity — from real estate-backed startups and digital disruptors to manufacturing stalwarts and financial enablers.

Each of these IPOs tells a story of a country balancing tradition with innovation — and investors are watching closely.

Conclusion

The coming week promises to be one of the busiest IPO windows of the season. From Wework India’s co-working dominance to Infinity Infoway’s AI ambitions, returns up to 33% are on the table — but so are the risks of overvaluation.

For investors, the takeaway is simple: diversify, don’t chase hype, and watch the fundamentals. The IPO party is back, but smart participation will decide who takes home the real gains.

As always, Behind The Headlines will continue tracking listing-day performance, post-market reactions, and insider insights as these issues go live.