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This week, IPOs launching include Shanti Gold, Patel Chem, Brigade Hotel, Indiqube Spaces, GNG Electronics, Swastika Castal, and Monarch Surveyors.
Travel Food Services IPO Listing.
Upcoming IPOs This Week: The primary market is set to be abuzz once again this week with several new mainboards and SMEs lining up for a launch. From the depository, chemical to jewelry firm, multiple companies are gearing up to open the subscription window for their public issues. Moreover, some of them will look to list on the exchanges.
Mainboard IPOs To Launch This Week:
Shanti Gold International Ltd. IPO
Shanti Gold International Ltd., a Mumbai-based manufacturer of 22kt CZ gold jewelry, will open its IPO from July 25 to July 29, 2025, with a listing planned for August 1, 2025, on BSE and NSE. Led by Choice Capital Advisors, the IPO includes a fresh issue of 1.8 crore shares, though the issue price remains unannounced. The company reported a 107.8% profit surge to Rs 55.8 crore and a 55.5% revenue increase to Rs 1,106.4 crore in FY25. Funds raised will support the establishment of a new manufacturing facility in Jaipur, bolster working capital, and repay debt.
Patel Chem Specialities Ltd. IPO
Patel Chem Specialities Ltd., a producer of pharmaceutical excipients and specialty chemicals, will open its BSE SME IPO from July 25 to July 29, 2025, with a listing scheduled for August 1, 2025. The IPO, managed by Cumulative Capital, offers shares at Rs 82.00 to Rs 84.00, aiming to raise Rs 58.80 crore. This SME-focused offering targets investors interested in the niche but critical chemical and pharmaceutical supply chain sector.
Brigade Hotel Ventures Ltd. IPO
Brigade Hotel Ventures Ltd., which operates nine hotels with 1,604 keys across cities like Bengaluru, Chennai, Kochi, Mysuru, and GIFT City, will launch its IPO from July 24 to July 28, 2025, with a listing on July 31, 2025, on BSE and NSE. Managed by JM Financial and ICICI Securities, the IPO aims to raise Rs 759.60 crore through a fresh issue. Despite a 16% revenue growth in FY25, the company’s profit after tax declined by 24%. The funds will be used for capital expenditure and debt repayment, strengthening its hospitality portfolio managed by global brands like Marriott, Accor, and InterContinental.
Indiqube Spaces Ltd. IPO
Indiqube Spaces Ltd., a provider of tech-driven co-working and office solutions across 115 centers in 15 cities, covering 8.4 million square feet, will open its IPO from July 23 to July 25, 2025, with a listing on July 30, 2025, on BSE and NSE. Managed by ICICI Securities, the IPO is priced at Rs 225.00 to Rs 237.00, targeting ₹700 crore, including a ₹650 crore fresh issue and a Rs 50 crore Offer for Sale. The Grey Market Premium of Rs 40–Rs 41 suggests expected returns of 16–17%, with a minimum retail investment of Rs 14,175 for 63 shares.
GNG Electronics Ltd. IPO
GNG Electronics Ltd., a global leader in refurbishing laptops and desktops with operations in India, the USA, Europe, Africa, and the UAE, will open its IPO from July 23 to July 25, 2025, with a listing on July 30, 2025, on BSE and NSE. Managed by Motilal Oswal, the IPO is priced at Rs 225.00 to Rs 237.00, aiming to raise Rs 460.43 crore, comprising a Rs 400 crore fresh issue and a Rs 60.43 crore Offer for Sale. The funds will primarily reduce debt of Rs 320 crore and support general corporate purposes, with a strong Grey Market Premium of Rs 72 indicating positive market sentiment.
SME IPOs To Open This Week:
Swastika Castal Ltd. IPO
Swastika Castal’s BSE SME IPO is also open from July 21 to July 23, at a fixed price of Rs 65 per share, aiming to raise Rs 14.07 crore.
Monarch Surveyors & Engineering Consultants Ltd. IPO
This BSE SME IPO opens on July 22 and closes on July 24, with a price band of Rs 237–250. The issue size is Rs 93.75 crore.
Subscription Available For The Following Issues This Week:
Property Share Investment Trust REIT (SM REIT)
India’s first SM REIT offering, Property Share Investment Trust, opened on Monday, July 21, and will remain open till Friday, July 25. The REIT is priced in the range of Rs 10 lakh to Rs 10.6 lakh per unit, with a total issue size of Rs 473 crore, listing on the BSE.
Savy Infra & Logistics Ltd.
Opening on July 21, this NSE SME IPO offers shares in a price band of Rs 114–120, with a total issue size of Rs 69.98 crore. The issue closes on July 23.
Three IPO Listings to Watch This Week
The IPO market continues to stay active as three companies gear up to make their stock market debut this week. From biotech to consumer and textile-related sectors, investors will witness listings across both mainboard and SME platforms.
Anthem Biosciences Ltd. IPO
One of the biggest IPOs of the month, Anthem Biosciences will be listed on the bourses on Monday, July 21, 2025. The issue was priced at Rs 570 per share, and raised a massive Rs 3,395.79 crore. Backed by strong fundamentals and a solid reputation in the biotech and pharmaceutical industry, the company is set to debut on both BSE and NSE. Market participants are eagerly watching its performance, as it could signal renewed investor interest in large pharma listings.
Spunweb Nonwoven Ltd. IPO
Joining Anthem on the same day is Spunweb Nonwoven Ltd., which is listing on the NSE SME platform on July 21, 2025. Priced at Rs 96 per share, the IPO raised Rs 60.98 crore. The company is known for manufacturing nonwoven fabrics used in hygiene, automotive, and industrial applications. With rising demand in these sectors, Spunweb’s listing is expected to draw attention from SME-focused investors.
Monika Alcobev Ltd. IPO
Monika Alcobev Ltd., a liquor and beverage distribution company, concluded its IPO between July 16 and July 18. Though the exact listing date is yet to be confirmed, the company is expected to list on the BSE SME platform within the current week. The issue price was set at Rs 286, and the total IPO size stood at Rs 165.63 crore. This listing is being closely followed, especially by investors looking for exposure to the premium alcobev space.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
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