Upcoming IPOs: A Week of Opportunities in the Primary Market

If you thought the markets were quiet, think again. The upcoming week (July 20-26) is packed with action in the primary market. From mainboard IPOs to buzzing SME issues, it’s a full house of fresh offers waiting to hit the Street. A diverse array of companies, including new-age office space players, electronics firms, real estate investment trusts, and specialty chemical companies, are queued up to raise capital.

What’s Opening and Listing?

As we dive into the details, let’s explore the mainboard IPOs and SME offerings that are generating buzz, along with their expected listing dates and market sentiments.

Mainboard IPOs to Watch

Brigade Hotel Ventures IPO

Brigade Group, a well-known name in India’s real estate and hospitality sectors, is set to make waves with its Brigade Hotel Ventures IPO. This Rs 759.60 crore offering is entirely a fresh issue and will be open for subscription from July 24 to July 28. Shares are expected to be listed on July 31 on both BSE and NSE. While the price band is yet to be announced, JM Financial is managing the issue as the lead book-runner, with KFin Technologies serving as the designated registrar.

Indiqube Spaces

Another highly anticipated IPO is from Indiqube Spaces, which aims to raise Rs 700 crore, including a Rs 50 crore offer for sale. Known for providing tech-driven co-working and corporate office solutions, this Bengaluru-based company will open its IPO from July 23 to July 25. The price band is set between Rs 225 and Rs 237 per share, with a grey market premium (GMP) already around Rs 40, indicating strong demand. The shares are expected to list on July 30 on both BSE and NSE.

GNG Electronics

Opening on July 23, GNG Electronics is another mainboard player with a Rs 460 crore IPO. Renowned for its electronics manufacturing capabilities, the company has set its price band at Rs 225-Rs 237. The GMP is around Rs 31, suggesting decent market interest, with the listing scheduled for July 30.

PropShare Titania REIT

In the real estate investment space, PropShare Titania is the latest entrant. Backed by Axis Trustee Services, this Rs 473 crore IPO is a pure fresh issue expected to open for subscription on July 21 and close on July 25. While there is currently no buzz in the grey market, its status as the second scheme under the SEBI-registered Property Share Investment Trust makes it noteworthy. The listing is expected on August 4 on the BSE.

Shanti Gold International IPO

Shanti Gold International, a player in the gold and jewellery space, is set to launch an IPO comprising an entirely fresh issue of 1.81 crore shares. Scheduled to open on July 25 and close on July 29, the listing is tentatively set for August 1, 2025, on BSE and NSE. The price band has yet to be announced, with Choice Capital Advisors as the book-running lead manager and Bigshare Services Pvt Ltd serving as the registrar.

SME IPO Line-Up

Swastika Castal

Engineering component maker Swastika Castal is launching a Rs 14 crore fixed-price IPO at Rs 65 per share. The issue runs from July 21 to 23, with a listing on July 28 on the BSE SME platform. This fresh issue of over 21 lakh shares is being handled by Horizon Management.

Savy Infra

Real estate and infrastructure-focused Savy Infra is coming out with a Rs 69.98 crore IPO. Opening on July 21 and closing on July 23, it is priced between Rs 114 and Rs 120, with the listing expected on July 28 on the NSE SME exchange.

Monarch Surveyors

Looking to raise Rs 93.75 crore through a fully fresh issue, Monarch Surveyors is opening its IPO on July 22. The price band is set between Rs 237 and Rs 250, with the listing expected on July 29 on the BSE SME platform.

TSC India

TSC India, involved in technical and certification services, is planning a Rs 25.89 crore IPO with a price band of Rs 68-Rs 70. The issue will be open from July 23 to July 25, and the shares are likely to list on July 30 on the NSE SME exchange.

Patel Chem Specialities

One of the last SME IPOs of the week, Patel Chem Specialities, will open its Rs 58.80 crore issue on July 25 and close on July 29. Priced between Rs 82 and Rs 84, the listing is scheduled for August 1.

Key IPO Listings Next Week

For those eagerly awaiting the bell to ring, here are the IPOs getting listed:

• Anthem Biosciences (Mainboard): July 21
• Spunweb Nonwoven (NSE SME): July 21
• Monika Alcobev (BSE SME): July 23

Much-Awaited IPOs: Still No Dates, But Worth Watching

Brigade Hotel Ventures

This Rs 900 crore IPO is still waiting for its official dates, but investor curiosity is high. It is expected to be a pure fresh issue backed by JM Financial and KFin Technologies, forming part of Brigade Group’s larger hospitality play.

NSDL (National Securities Depository Limited)

NSDL has locked in all pre-IPO equity starting July 18, following SEBI norms. While no IPO date has been declared yet, this move brings the financial market giant one step closer to its public debut.

Conclusion

The upcoming week promises to be an exciting one for investors, with a diverse range of IPOs hitting the market. Whether you’re looking to invest in established players like Brigade Hotel Ventures or emerging firms like Indiqube Spaces, there’s something for everyone. Keep an eye on the listings and market sentiments as these companies make their public debut.