The upcoming week of July 21 to July 25, 2025, is packed with action in the Indian IPO market, with five mainboards and several SME listings scheduled.
Investors who are looking for gains in the primary market should keep a close eye on the upcoming ipo, any major GMP movements, and most importantly, the subscription windows for the latest issues.
Anthem Biosciences IPO Listing on July 21
This IPO is highly looked forward to, as the issue saw huge interest during the bidding and was oversubscribed. The Anthem Biosciences IPO will be listed on both BSE and NSE on Monday, July 21. Worth Rs. 3,395.79 crore, the IPO was entirely an offer for sale of 5.96 crore shares, which was open for subscription from July 14 to July 16 and was subscribed a whopping 67.42 times overall, with retail investors subscribing 5.98 times, QIBs 192.80 times, and NIIs 44.70 times. The final GMP (Grey Market Premium) stood at Rs. 163 on July 20, taking the estimated listing price to Rs. 733, suggesting a potential listing gain of 28.60% over the cap price of Rs. 570.
Indiqube Spaces IPO Subscription Opens July 23
The Indiqube Spaces is an upcoming ipo and will open for subscription on July 23 and close on July 25. This mainline issue is worth Rs. 700 crore; the public issue consists of a fresh issue worth Rs. 650 crore and an offer for sale of Rs. 50 crore. Investors can expect the IPO allotment by July 28, and the tentative listing date is July 30, 2025, on both NSE and BSE.
GNG Electronics IPO Bidding Window Opens July 23
GNG Electronics IPO will also hit the primary market with a Rs. 460.43 crore issue from July 23 to July 25. The company focuses on consumer electronics and semiconductor components, and this IPO comprises a fresh issue of Rs. 400 crore and an offer for sale of Rs. 60.44 crore. The price band is set at Rs. 225 to Rs. 237 per share, with the listing tentatively scheduled for July 30.
Brigade Hotel Ventures IPO Opening on July 24
Hospitality major Brigade Hotel Ventures is launching its IPO from July 24 to July 28 with a total issue size of Rs. 759.60 crore, entirely a fresh issue. IPO allotment is expected by July 29, with the listing planned for July 31. The company is part of the Brigade Group and plans to use the proceeds for expansion and debt reduction. The price band is yet to be announced.
Shanti Gold International IPO Opens July 25
Shanti Gold International, a jewellery and gold trading company, will launch its IPO from July 25 to July 29th. The issue is entirely a fresh issue of 1.81 crore shares. IPO allotment is expected on July 30, with listing on August 1, 2025, on BSE and NSE. The price band for this IPO has also not been disclosed yet.
SME IPOs Opening This Week: July 21 to 25
The Swastika Castal Ltd. IPO will open from July 21 to July 23. The issue is priced at Rs. 65 per share with a total size of Rs. 14.07 crore, and it will be listed on the BSE SME platform.
The Savy Infra & Logistics Ltd. IPO is scheduled for July 21 to July 23, with a price band of Rs. 114 to Rs. 120 and an issue size of Rs. 69.98 crore.
The Monarch Surveyors & Engineering Consultants Ltd. IPO will open from July 22 to July 24. The price band is Rs. 237 to Rs. 250, and the issue size is Rs. 93.75 crore.
The TSC India Ltd. IPO will be open from July 23 to July 25. The issue is priced in the Rs. 68-Rs. 70 band, with a total size of Rs. 25.89 crore.
The Spunweb Nonwoven Ltd. IPO has already closed and is scheduled to list on July 21, 2025. The IPO was priced at Rs. 96 per share with an issue size of Rs. 60.98 crore.