If you're importing files in the XLS, XLSX or VCF formats, you can import upto 5000 records per batch.
You may not be able to import more than 1500 records if:
The import file is not in the CSV format - If you want to import more than 5000 records, the file should be in CSV format.
You are using the Free Edition - You can import only 1000 records in the Free Edition. In the Standard Edition, you can import 10,000 records per batch, 20,000 records per batch using the Professional Edition and 30,000 records per batch using the Enterprise Edition.