Open & Upcoming IPOs

Property Share Investment Trust is set to raise up to Rs 473 crore through an IPO for its second Small and Medium Real Estate Investment Trust (SM REIT) scheme, PropShare Titania. The offer opens on July 21 and closes on July 25, with a price band of Rs 10 lakh to Rs 10.6 lakh per unit. 75% will be allocated to institutional investors and 25% to non-institutional investors.

Lamtuf, a Hyderabad-based laminates manufacturer, filed a draft red herring prospectus for a public issue to raise funds via fresh and promoter share sales. The company reported Rs 185.5 crore revenue in FY25, a 9% increase, and Rs 21.8 crore profit, up 10.2%. IPO funds will be used for facility expansion, working capital and corporate purposes.

Studds Accessories, a Haryana-based helmet maker, received SEBI approval to float its IPO. The IPO comprises an offer-for-sale of 77.86 lakh shares by existing shareholders, raising funds within the next year. Promoters hold 78.78% stake in the company and the remaining 21.22% is owned by public shareholders. The IPO is expected to be handled by IIFL Capital Services and ICICI Securities.

Indira IVF Hospital plans to resubmit its IPO documents, aiming to raise Rs 3,500 crore ($408 million) through the sale of existing shares. EQT will offload Rs 2,900 crore, and three founding family members will each sell shares worth 2 billion rupees. Kotak Mahindra and JPMorgan are advising on the issue, which is set to be submitted later this month.

The Savy Infra and Logistics Ltd IPO opens for subscription on July 21 and closes on July 23 with a price band of ₹114 to ₹120 per equity share. The company, an EPC firm focusing on earthworks and foundation preparation, seeks to raise ₹69.98 crore from the fresh issue of 58,32,000 equity shares, with no offer for sale (OFS) component. Unistone Capital Pvt Ltd is the book-running lead manager.

WeWork India Management Ltd received SEBI approval for its IPO, a complete offer for sale of up to 4.37 crore equity shares, without issuing fresh shares. The IPO includes Embassy Buildcon Pvt Ltd's 3.3 crore shares and 1.03 crore shares held by 1 Ariel Way Tenant LLP. The company operates 94,440 desks across 59 centres.

WeWork India Management has secured SEBI approval to launch its IPO, with 4.33 crore shares from Embassy Group and a WeWork Global affiliate up for sale. The company will not issue new shares, and the IPO's objectives include listing equity shares on stock exchanges. JM Financial and other firms will manage the issue, but the proposed fundraising amount remains undisclosed.

Anthem Biosciences IPO was fully subscribed at 1.15 times on the second day, with 5.08 crore shares bid for against 4.40 crore shares. Non-institutional investors led subscription at 2.82 times, Retail Individual Investors 89% subscribed, and QIBs 38% subscribed. The IPO raised Rs 1,016 crore from anchor investors.

Smartworks Coworking Spaces Ltd's ₹582.56-crore IPO was booked 13.45 times on July 14. It received bids for 13.99 crore shares against 1.04 crore shares on offer. The IPO share allotment status will be finalised on July 15, with shares to be credited to successful bidders' Demat accounts on July 16 and listed on the NSE and BSE on July 17.

PropShare Titania, a real estate investment trust, is set to launch its IPO worth Rs 473 crore on July 21, with the price band fixed at Rs 10 lakh to Rs 10.6 lakh per unit. The IPO will close on July 25, and listing is proposed for August 4 on the BSE. Up to 75% of the issue is reserved for institutional investors.

The National Stock Exchange of India (NSE) ranked fourth globally in IPO fundraising, raising $5.51 billion in the first half of 2025, accounting for 8.9% of worldwide IPO proceeds. Indian markets saw 119 IPOs, totaling Rs 51,150 crore, up from Rs 37,682 crore in the first half of 2024. A strong pipeline of IPOs is expected in the next three to six months.

Spunweb Nonwoven's ₹61 crore IPO (Initial Public Offering) opened for subscription on July 14, receiving strong demand from retail and non-institutional investors. The issue was subscribed 6.52 times by the end of the first day with a grey market premium of ₹35, indicating a potential listing price of ₹131 and 36% premium.

Smartworks Coworking Spaces' Rs 583-cr IPO saw strong investor interest, being subscribed over 3 times its offer size by July 14. Non Institutional Investors booked 5 times their reserved portion, while retail investors subscribed 2 times their portion. Qualified Institutional Buyers also booked their portion 4 times. The share price has dropped to Rs 427 apiece with a GMP of 5% ahead of listing.

The shares of Travel Food Services, which got listed on the exchanges earlier today, has fallen by 5% from its intraday high of Rs 1,128.90 on the BSE after listing at a gain of 2.6% over the issue price of Rs 1,110.From its issue price. The IPO saw a 3.03 times subscription, with the QIB segment subscribed 8.10 times, while retail interest remained subdued at 0.73 times.

Shares of Smartworks Coworking Spaces are witnessing strong demand in the grey market. Smartworks Coworking Spaces' IPO was subscribed 1.15 times, led by non-institutional investors at 1.79 times, retail investors at 1.18 times, and QIBs at 63%. The issue aims to raise Rs 576-583 crore from July 14-24. Proceeds will fund fit-outs, debt repayment, and general corporate purposes.

Shares of Chemkart India listed on a lacklustre note on Monday, July 14. Chemkart India shares listed on the BSE SME platform at ₹250 per share, a 0.81% premium over the issue price of ₹248. The share price rose to ₹257.90, a 4% increase over the IPO price, in line with grey market premium trends. The IPO was booked 5.91 times.

Travel Food Services' IPO will list on July 14 at 10:00 IST. The share price will be available for trade on BSE and NSE during the special pre-open session. GMP is at ₹42, predicting a marginal 3.8% listing gain. Analysts expect 3-5% listing gain, with strong institutional traction but subdued retail interest. The estimated listing price may be ₹1,125, 2.27% higher than the IPO price.

Bengaluru-based Anthem Biosciences' IPO opens for subscription on July 14 and concludes on July 16. The company has raised ₹1,016 crore from 60 institutional investors via its anchor book. It is seeking a PE of 70.6 times based on FY25 annualized earnings and has a market cap of ₹31,867 crore. Marquee investors and brokerages recommend a "subscribe" rating for the issue.

📌Travel Food Services IPO listed on July 11, 2025; 📌Smartworks Coworking Spaces IPO on July 17, 2025; 📌Chemkart India and Smarten Power Systems listed on July 14, 2025, 📌Glen Industries and Asston Pharmaceuticals on July 15 and 16, 2025. 📌The Anthem Biosciences IPO will offer shares at ₹3,395 crore, while Spunweb Nonwoven IPO is set at ₹90- ₹96 per share.

Smartworks Coworking Spaces, a Gurugram-based managed workspace provider, has launched its Rs 582.56 crore IPO, comprising a Rs 445 crore fresh issue and Rs 137.56 crore OFS. The price band is Rs 387-407 per share, with the IPO closing on July 14. Proceeds will fund capex, security deposits, and debt reduction. Anchor investors include Tata Mutual Fund and Aditya Birla Sun Life Insurance.

Property Share Investment Trust is set to raise up to Rs 473 crore through an IPO for its second Small and Medium Real Estate Investment Trust (SM REIT) scheme, PropShare Titania. The offer opens on July 21 and closes on July 25, with a price band of Rs 10 lakh to Rs 10.6 lakh per unit. 75% will be allocated to institutional investors and 25% to non-institutional investors.

Lamtuf, a Hyderabad-based laminates manufacturer, filed a draft red herring prospectus for a public issue to raise funds via fresh and promoter share sales. The company reported Rs 185.5 crore revenue in FY25, a 9% increase, and Rs 21.8 crore profit, up 10.2%. IPO funds will be used for facility expansion, working capital and corporate purposes.

Studds Accessories, a Haryana-based helmet maker, received SEBI approval to float its IPO. The IPO comprises an offer-for-sale of 77.86 lakh shares by existing shareholders, raising funds within the next year. Promoters hold 78.78% stake in the company and the remaining 21.22% is owned by public shareholders. The IPO is expected to be handled by IIFL Capital Services and ICICI Securities.

Indira IVF Hospital plans to resubmit its IPO documents, aiming to raise Rs 3,500 crore ($408 million) through the sale of existing shares. EQT will offload Rs 2,900 crore, and three founding family members will each sell shares worth 2 billion rupees. Kotak Mahindra and JPMorgan are advising on the issue, which is set to be submitted later this month.

The Savy Infra and Logistics Ltd IPO opens for subscription on July 21 and closes on July 23 with a price band of ₹114 to ₹120 per equity share. The company, an EPC firm focusing on earthworks and foundation preparation, seeks to raise ₹69.98 crore from the fresh issue of 58,32,000 equity shares, with no offer for sale (OFS) component. Unistone Capital Pvt Ltd is the book-running lead manager.

WeWork India Management Ltd received SEBI approval for its IPO, a complete offer for sale of up to 4.37 crore equity shares, without issuing fresh shares. The IPO includes Embassy Buildcon Pvt Ltd's 3.3 crore shares and 1.03 crore shares held by 1 Ariel Way Tenant LLP. The company operates 94,440 desks across 59 centres.

WeWork India Management has secured SEBI approval to launch its IPO, with 4.33 crore shares from Embassy Group and a WeWork Global affiliate up for sale. The company will not issue new shares, and the IPO's objectives include listing equity shares on stock exchanges. JM Financial and other firms will manage the issue, but the proposed fundraising amount remains undisclosed.

Anthem Biosciences IPO was fully subscribed at 1.15 times on the second day, with 5.08 crore shares bid for against 4.40 crore shares. Non-institutional investors led subscription at 2.82 times, Retail Individual Investors 89% subscribed, and QIBs 38% subscribed. The IPO raised Rs 1,016 crore from anchor investors.

Smartworks Coworking Spaces Ltd's ₹582.56-crore IPO was booked 13.45 times on July 14. It received bids for 13.99 crore shares against 1.04 crore shares on offer. The IPO share allotment status will be finalised on July 15, with shares to be credited to successful bidders' Demat accounts on July 16 and listed on the NSE and BSE on July 17.

PropShare Titania, a real estate investment trust, is set to launch its IPO worth Rs 473 crore on July 21, with the price band fixed at Rs 10 lakh to Rs 10.6 lakh per unit. The IPO will close on July 25, and listing is proposed for August 4 on the BSE. Up to 75% of the issue is reserved for institutional investors.

The National Stock Exchange of India (NSE) ranked fourth globally in IPO fundraising, raising $5.51 billion in the first half of 2025, accounting for 8.9% of worldwide IPO proceeds. Indian markets saw 119 IPOs, totaling Rs 51,150 crore, up from Rs 37,682 crore in the first half of 2024. A strong pipeline of IPOs is expected in the next three to six months.

Spunweb Nonwoven's ₹61 crore IPO (Initial Public Offering) opened for subscription on July 14, receiving strong demand from retail and non-institutional investors. The issue was subscribed 6.52 times by the end of the first day with a grey market premium of ₹35, indicating a potential listing price of ₹131 and 36% premium.

Smartworks Coworking Spaces' Rs 583-cr IPO saw strong investor interest, being subscribed over 3 times its offer size by July 14. Non Institutional Investors booked 5 times their reserved portion, while retail investors subscribed 2 times their portion. Qualified Institutional Buyers also booked their portion 4 times. The share price has dropped to Rs 427 apiece with a GMP of 5% ahead of listing.

The shares of Travel Food Services, which got listed on the exchanges earlier today, has fallen by 5% from its intraday high of Rs 1,128.90 on the BSE after listing at a gain of 2.6% over the issue price of Rs 1,110.From its issue price. The IPO saw a 3.03 times subscription, with the QIB segment subscribed 8.10 times, while retail interest remained subdued at 0.73 times.

Shares of Smartworks Coworking Spaces are witnessing strong demand in the grey market. Smartworks Coworking Spaces' IPO was subscribed 1.15 times, led by non-institutional investors at 1.79 times, retail investors at 1.18 times, and QIBs at 63%. The issue aims to raise Rs 576-583 crore from July 14-24. Proceeds will fund fit-outs, debt repayment, and general corporate purposes.

Shares of Chemkart India listed on a lacklustre note on Monday, July 14. Chemkart India shares listed on the BSE SME platform at ₹250 per share, a 0.81% premium over the issue price of ₹248. The share price rose to ₹257.90, a 4% increase over the IPO price, in line with grey market premium trends. The IPO was booked 5.91 times.

Travel Food Services' IPO will list on July 14 at 10:00 IST. The share price will be available for trade on BSE and NSE during the special pre-open session. GMP is at ₹42, predicting a marginal 3.8% listing gain. Analysts expect 3-5% listing gain, with strong institutional traction but subdued retail interest. The estimated listing price may be ₹1,125, 2.27% higher than the IPO price.

Bengaluru-based Anthem Biosciences' IPO opens for subscription on July 14 and concludes on July 16. The company has raised ₹1,016 crore from 60 institutional investors via its anchor book. It is seeking a PE of 70.6 times based on FY25 annualized earnings and has a market cap of ₹31,867 crore. Marquee investors and brokerages recommend a "subscribe" rating for the issue.

📌Travel Food Services IPO listed on July 11, 2025; 📌Smartworks Coworking Spaces IPO on July 17, 2025; 📌Chemkart India and Smarten Power Systems listed on July 14, 2025, 📌Glen Industries and Asston Pharmaceuticals on July 15 and 16, 2025. 📌The Anthem Biosciences IPO will offer shares at ₹3,395 crore, while Spunweb Nonwoven IPO is set at ₹90- ₹96 per share.

Smartworks Coworking Spaces, a Gurugram-based managed workspace provider, has launched its Rs 582.56 crore IPO, comprising a Rs 445 crore fresh issue and Rs 137.56 crore OFS. The price band is Rs 387-407 per share, with the IPO closing on July 14. Proceeds will fund capex, security deposits, and debt reduction. Anchor investors include Tata Mutual Fund and Aditya Birla Sun Life Insurance.

Cryogenic OGS IPO listing : Cryogenic OGS shares debuted at ₹89.30 on BSE SME, a 90% premium over the ₹47 IPO price. The ₹17.77 crore SME IPO was subscribed 694.90x, with retail at 773.70x and NII at 1155.38x. It raised ₹5.05 crore from anchor investors. Proceeds will fund working capital and corporate expenses.

The Travel Food Services IPO share allotment will be finalized on July 10. The IPO, which opened on July 7 and closed on July 9, was subscribed 2.88 times overall, with QIBs at 7.70x, non-institutional investors at 1.58x, and retail investors at 69%. Refunds begin on July 11, with shares credited to demat accounts by July 11. Listing is set for July 14.

The Travel Food Services IPO share allotment will be finalized on July 10. The IPO, which opened on July 7 and closed on July 9, was subscribed 2.88 times overall, with QIBs at 7.70x, non-institutional investors at 1.58x, and retail investors at 69%. Refunds begin on July 11, with shares credited to demat accounts by July 11. Listing is set for July 14.

Smartworks Coworking IPO: The Smartworks Coworking IPO will launch on July 10, 2025, priced at ₹387-₹407 per share, aiming to raise ₹582.56 crore. Shares trade at a ₹29 grey market premium. With a ROCE of 42.30% and EBITDA margin of 62.39%, the IPO will list on BSE and NSE, offering 36 shares per lot.

The Rs 2,000 crore Travel Food Services IPO concludes today with low subscription at 0.38 times overall, 0.37 times for retail, and 0.41 times for QIBs. Grey market premium is Rs 8, suggesting a Rs 1,108 listing price. The company raised Rs 598.8 crore from anchor investors, including ICICI and Abu Dhabi. Priced between Rs 1,045-1,100, listing is set for July 14.

Crizac's shares rose 21% to Rs 296.60 on their listing day, following a strong debut with a 14.7% premium on NSE and 11% on BSE. The Rs 860 crore IPO, oversubscribed 63 times, reflects high investor confidence. Crizac, a B2B education platform with operations in five countries, reported Rs 849.5 crore income and Rs 152.93 crore net profit in FY25, with a 25% EBITDA margin.

India’s IPO market is set to accelerate in the second half of 2025, with companies like Tata Capital, LG Electronics India, and NSDL preparing to launch offerings. Tata Capital aims to raise Rs 17,200 crore, while LG plans a Rs 15,000 crore offer-for-sale. NSDL’s IPO is valued at Rs 3,421.6 crore. A total of 71 firms have Sebi approval, with 77 awaiting clearance.

Anthem Biosciences is launching its IPO from July 14 to July 16, aiming to raise ₹3,395 crore. The price band is ₹540 to ₹570 per share, with 50% reserved for QIBs, 15% for NIIs, and 35% for retail investors. The IPO is an offer for sale, with shares listing on BSE and NSE by July 21. JM Financial, Citi, JPMorgan, and Nomura are the managers.

Crizac's IPO debuted strongly on July 9, listing at ₹281.05 on NSE (14.71% premium) and ₹280 on BSE (14.29% premium). The ₹860 crore IPO saw a 62.89x subscription, with retail, NII, and QIB segments subscribing 10.74x, 80.07x, and 141.27x respectively. Crizac, a B2B education platform, facilitates global student recruitment, processing over 5.95 lakh applications across 135 institutions.

Crizac, a B2B education platform specializing in international student recruitment, will debut on July 9 after a highly successful IPO. The Rs 860 crore offer, entirely an OFS, was subscribed 63 times, indicating strong demand. With a 15% grey market premium, the listing price is expected around Rs 280–285. Crizac reported Rs 849.5 crore income and Rs 152.93 crore net profit in FY25.

GLEN Industries' IPO, priced at ₹92-₹97 per share, opened on July 8 and closes on July 10. The company, specializing in eco-friendly packaging, aims to fund expansion with a ₹63 crore fresh issue. Day 1 saw 1.51x subscription, with strong retail and NII interest. Grey market indicates a ₹127 listing, up 30.93% from the upper band.

The Happy Square Outsourcing Services IPO allotment status was finalized on July 8. Shares will be credited on July 9, with refunds initiated the same day. Listing is set for July 10, 2025. The ₹24.25 crore IPO, priced at ₹76 per share, was oversubscribed 3.58 times. Grey market premium indicated a 6.58% gain.

Smartworks Coworking's IPO will run from July 10 to 14, with anchor bidding on July 9. The reduced IPO size is ₹445 crore (from ₹550 crore), priced at ₹387-407 per share, valuing the company at ₹4,645 crore. Funds will cover fit-outs, security deposits, loan repayment, and corporate needs. The company focuses on converting large spaces into tech-enabled offices.

Crizac shares will list on BSE and NSE on July 9 after a strong IPO response. The IPO, open July 2-4, was subscribed 59.82 times, raising ₹860 crore. Grey market premium suggests a 12.65 per cent gain, with an estimated listing price of ₹276. The allotment was on July 7. Equirus Capital managed the issue.

The Cryogenic OGS IPO allotment is expected on July 8, 2025, after being oversubscribed 694 times. The NII segment was oversubscribed 1,155 times, retail 773 times, and QIB 209 times. Priced at ₹47 per share, retail allocations will be proportional. Refunds begin July 9, with shares credited to demat accounts. Listing on BSE SME is expected July 10.

NSDL, India’s largest depository, faces a July 31, 2025, deadline to list its IPO after SEBI extended the timeline from April 13, 2024. The delay stems from major shareholders IDBI Bank (26.10%) and NSE (24%) needing to reduce their stakes below 15% as per SEBI regulations. Failure to meet the deadline may require a fresh approval.

Glen Industries' IPO opens on July 8 to raise Rs 63.02 crore, priced at Rs 92–97 per share with a 26% grey market premium. The company produces eco-friendly packaging, exports globally, and reported a 113% rise in FY25 PAT to Rs 18.27 crore. Proceeds will fund a new West Bengal facility, with listing on July 15.

Emmvee Photovoltaic Power Ltd has filed its draft IPO papers with SEBI, aiming to raise up to ₹3,000 crore to strengthen its balance sheet and fund expansion. The IPO includes a fresh issue of ₹2,143.9 crore and an offer-for-sale of ₹856.1 crore. The company plans to use ₹1,607.9 crore to reduce debt and expand its solar manufacturing capacity.

Smarten Power Systems' IPO, priced at ₹100 per share, runs from July 7 to July 9. The company, a maker of power backup and solar products, aims to raise ₹37.5 crore via a fresh issue and OFS. Day 1 saw 11% subscription, with retail at 22%. Funds will cover battery manufacturing, working capital, debt, and capital expenditures. Grey market premium is ₹0.

The Travel Food Services IPO saw a slow start with 10% subscription on Day 1, led by retail at 14%. The GMP dropped to ₹16, indicating a 1.45% premium. The ₹2000 crore IPO, priced at ₹1045-1100, closes on July 9, with listing on July 14. Analysts have mixed ratings, from 'Neutral' to 'Subscribe,' citing strong market position and growth potential.

Property Share Investment Trust is set to raise up to Rs 473 crore through an IPO for its second Small and Medium Real Estate Investment Trust (SM REIT) scheme, PropShare Titania. The offer opens on July 21 and closes on July 25, with a price band of Rs 10 lakh to Rs 10.6 lakh per unit. 75% will be allocated to institutional investors and 25% to non-institutional investors.

Lamtuf, a Hyderabad-based laminates manufacturer, filed a draft red herring prospectus for a public issue to raise funds via fresh and promoter share sales. The company reported Rs 185.5 crore revenue in FY25, a 9% increase, and Rs 21.8 crore profit, up 10.2%. IPO funds will be used for facility expansion, working capital and corporate purposes.

Studds Accessories, a Haryana-based helmet maker, received SEBI approval to float its IPO. The IPO comprises an offer-for-sale of 77.86 lakh shares by existing shareholders, raising funds within the next year. Promoters hold 78.78% stake in the company and the remaining 21.22% is owned by public shareholders. The IPO is expected to be handled by IIFL Capital Services and ICICI Securities.

Indira IVF Hospital plans to resubmit its IPO documents, aiming to raise Rs 3,500 crore ($408 million) through the sale of existing shares. EQT will offload Rs 2,900 crore, and three founding family members will each sell shares worth 2 billion rupees. Kotak Mahindra and JPMorgan are advising on the issue, which is set to be submitted later this month.

The Savy Infra and Logistics Ltd IPO opens for subscription on July 21 and closes on July 23 with a price band of ₹114 to ₹120 per equity share. The company, an EPC firm focusing on earthworks and foundation preparation, seeks to raise ₹69.98 crore from the fresh issue of 58,32,000 equity shares, with no offer for sale (OFS) component. Unistone Capital Pvt Ltd is the book-running lead manager.

WeWork India Management Ltd received SEBI approval for its IPO, a complete offer for sale of up to 4.37 crore equity shares, without issuing fresh shares. The IPO includes Embassy Buildcon Pvt Ltd's 3.3 crore shares and 1.03 crore shares held by 1 Ariel Way Tenant LLP. The company operates 94,440 desks across 59 centres.

WeWork India Management has secured SEBI approval to launch its IPO, with 4.33 crore shares from Embassy Group and a WeWork Global affiliate up for sale. The company will not issue new shares, and the IPO's objectives include listing equity shares on stock exchanges. JM Financial and other firms will manage the issue, but the proposed fundraising amount remains undisclosed.

Anthem Biosciences IPO was fully subscribed at 1.15 times on the second day, with 5.08 crore shares bid for against 4.40 crore shares. Non-institutional investors led subscription at 2.82 times, Retail Individual Investors 89% subscribed, and QIBs 38% subscribed. The IPO raised Rs 1,016 crore from anchor investors.

Smartworks Coworking Spaces Ltd's ₹582.56-crore IPO was booked 13.45 times on July 14. It received bids for 13.99 crore shares against 1.04 crore shares on offer. The IPO share allotment status will be finalised on July 15, with shares to be credited to successful bidders' Demat accounts on July 16 and listed on the NSE and BSE on July 17.

PropShare Titania, a real estate investment trust, is set to launch its IPO worth Rs 473 crore on July 21, with the price band fixed at Rs 10 lakh to Rs 10.6 lakh per unit. The IPO will close on July 25, and listing is proposed for August 4 on the BSE. Up to 75% of the issue is reserved for institutional investors.

The National Stock Exchange of India (NSE) ranked fourth globally in IPO fundraising, raising $5.51 billion in the first half of 2025, accounting for 8.9% of worldwide IPO proceeds. Indian markets saw 119 IPOs, totaling Rs 51,150 crore, up from Rs 37,682 crore in the first half of 2024. A strong pipeline of IPOs is expected in the next three to six months.

Spunweb Nonwoven's ₹61 crore IPO (Initial Public Offering) opened for subscription on July 14, receiving strong demand from retail and non-institutional investors. The issue was subscribed 6.52 times by the end of the first day with a grey market premium of ₹35, indicating a potential listing price of ₹131 and 36% premium.

Smartworks Coworking Spaces' Rs 583-cr IPO saw strong investor interest, being subscribed over 3 times its offer size by July 14. Non Institutional Investors booked 5 times their reserved portion, while retail investors subscribed 2 times their portion. Qualified Institutional Buyers also booked their portion 4 times. The share price has dropped to Rs 427 apiece with a GMP of 5% ahead of listing.

The shares of Travel Food Services, which got listed on the exchanges earlier today, has fallen by 5% from its intraday high of Rs 1,128.90 on the BSE after listing at a gain of 2.6% over the issue price of Rs 1,110.From its issue price. The IPO saw a 3.03 times subscription, with the QIB segment subscribed 8.10 times, while retail interest remained subdued at 0.73 times.

Shares of Smartworks Coworking Spaces are witnessing strong demand in the grey market. Smartworks Coworking Spaces' IPO was subscribed 1.15 times, led by non-institutional investors at 1.79 times, retail investors at 1.18 times, and QIBs at 63%. The issue aims to raise Rs 576-583 crore from July 14-24. Proceeds will fund fit-outs, debt repayment, and general corporate purposes.

Shares of Chemkart India listed on a lacklustre note on Monday, July 14. Chemkart India shares listed on the BSE SME platform at ₹250 per share, a 0.81% premium over the issue price of ₹248. The share price rose to ₹257.90, a 4% increase over the IPO price, in line with grey market premium trends. The IPO was booked 5.91 times.

Travel Food Services' IPO will list on July 14 at 10:00 IST. The share price will be available for trade on BSE and NSE during the special pre-open session. GMP is at ₹42, predicting a marginal 3.8% listing gain. Analysts expect 3-5% listing gain, with strong institutional traction but subdued retail interest. The estimated listing price may be ₹1,125, 2.27% higher than the IPO price.

Bengaluru-based Anthem Biosciences' IPO opens for subscription on July 14 and concludes on July 16. The company has raised ₹1,016 crore from 60 institutional investors via its anchor book. It is seeking a PE of 70.6 times based on FY25 annualized earnings and has a market cap of ₹31,867 crore. Marquee investors and brokerages recommend a "subscribe" rating for the issue.

📌Travel Food Services IPO listed on July 11, 2025; 📌Smartworks Coworking Spaces IPO on July 17, 2025; 📌Chemkart India and Smarten Power Systems listed on July 14, 2025, 📌Glen Industries and Asston Pharmaceuticals on July 15 and 16, 2025. 📌The Anthem Biosciences IPO will offer shares at ₹3,395 crore, while Spunweb Nonwoven IPO is set at ₹90- ₹96 per share.

Smartworks Coworking Spaces, a Gurugram-based managed workspace provider, has launched its Rs 582.56 crore IPO, comprising a Rs 445 crore fresh issue and Rs 137.56 crore OFS. The price band is Rs 387-407 per share, with the IPO closing on July 14. Proceeds will fund capex, security deposits, and debt reduction. Anchor investors include Tata Mutual Fund and Aditya Birla Sun Life Insurance.

Cryogenic OGS IPO listing : Cryogenic OGS shares debuted at ₹89.30 on BSE SME, a 90% premium over the ₹47 IPO price. The ₹17.77 crore SME IPO was subscribed 694.90x, with retail at 773.70x and NII at 1155.38x. It raised ₹5.05 crore from anchor investors. Proceeds will fund working capital and corporate expenses.

The Travel Food Services IPO share allotment will be finalized on July 10. The IPO, which opened on July 7 and closed on July 9, was subscribed 2.88 times overall, with QIBs at 7.70x, non-institutional investors at 1.58x, and retail investors at 69%. Refunds begin on July 11, with shares credited to demat accounts by July 11. Listing is set for July 14.

The Travel Food Services IPO share allotment will be finalized on July 10. The IPO, which opened on July 7 and closed on July 9, was subscribed 2.88 times overall, with QIBs at 7.70x, non-institutional investors at 1.58x, and retail investors at 69%. Refunds begin on July 11, with shares credited to demat accounts by July 11. Listing is set for July 14.

Smartworks Coworking IPO: The Smartworks Coworking IPO will launch on July 10, 2025, priced at ₹387-₹407 per share, aiming to raise ₹582.56 crore. Shares trade at a ₹29 grey market premium. With a ROCE of 42.30% and EBITDA margin of 62.39%, the IPO will list on BSE and NSE, offering 36 shares per lot.

The Rs 2,000 crore Travel Food Services IPO concludes today with low subscription at 0.38 times overall, 0.37 times for retail, and 0.41 times for QIBs. Grey market premium is Rs 8, suggesting a Rs 1,108 listing price. The company raised Rs 598.8 crore from anchor investors, including ICICI and Abu Dhabi. Priced between Rs 1,045-1,100, listing is set for July 14.

Crizac's shares rose 21% to Rs 296.60 on their listing day, following a strong debut with a 14.7% premium on NSE and 11% on BSE. The Rs 860 crore IPO, oversubscribed 63 times, reflects high investor confidence. Crizac, a B2B education platform with operations in five countries, reported Rs 849.5 crore income and Rs 152.93 crore net profit in FY25, with a 25% EBITDA margin.

India’s IPO market is set to accelerate in the second half of 2025, with companies like Tata Capital, LG Electronics India, and NSDL preparing to launch offerings. Tata Capital aims to raise Rs 17,200 crore, while LG plans a Rs 15,000 crore offer-for-sale. NSDL’s IPO is valued at Rs 3,421.6 crore. A total of 71 firms have Sebi approval, with 77 awaiting clearance.

Anthem Biosciences is launching its IPO from July 14 to July 16, aiming to raise ₹3,395 crore. The price band is ₹540 to ₹570 per share, with 50% reserved for QIBs, 15% for NIIs, and 35% for retail investors. The IPO is an offer for sale, with shares listing on BSE and NSE by July 21. JM Financial, Citi, JPMorgan, and Nomura are the managers.

Crizac's IPO debuted strongly on July 9, listing at ₹281.05 on NSE (14.71% premium) and ₹280 on BSE (14.29% premium). The ₹860 crore IPO saw a 62.89x subscription, with retail, NII, and QIB segments subscribing 10.74x, 80.07x, and 141.27x respectively. Crizac, a B2B education platform, facilitates global student recruitment, processing over 5.95 lakh applications across 135 institutions.

Crizac, a B2B education platform specializing in international student recruitment, will debut on July 9 after a highly successful IPO. The Rs 860 crore offer, entirely an OFS, was subscribed 63 times, indicating strong demand. With a 15% grey market premium, the listing price is expected around Rs 280–285. Crizac reported Rs 849.5 crore income and Rs 152.93 crore net profit in FY25.

GLEN Industries' IPO, priced at ₹92-₹97 per share, opened on July 8 and closes on July 10. The company, specializing in eco-friendly packaging, aims to fund expansion with a ₹63 crore fresh issue. Day 1 saw 1.51x subscription, with strong retail and NII interest. Grey market indicates a ₹127 listing, up 30.93% from the upper band.

The Happy Square Outsourcing Services IPO allotment status was finalized on July 8. Shares will be credited on July 9, with refunds initiated the same day. Listing is set for July 10, 2025. The ₹24.25 crore IPO, priced at ₹76 per share, was oversubscribed 3.58 times. Grey market premium indicated a 6.58% gain.

Smartworks Coworking's IPO will run from July 10 to 14, with anchor bidding on July 9. The reduced IPO size is ₹445 crore (from ₹550 crore), priced at ₹387-407 per share, valuing the company at ₹4,645 crore. Funds will cover fit-outs, security deposits, loan repayment, and corporate needs. The company focuses on converting large spaces into tech-enabled offices.

Crizac shares will list on BSE and NSE on July 9 after a strong IPO response. The IPO, open July 2-4, was subscribed 59.82 times, raising ₹860 crore. Grey market premium suggests a 12.65 per cent gain, with an estimated listing price of ₹276. The allotment was on July 7. Equirus Capital managed the issue.

The Cryogenic OGS IPO allotment is expected on July 8, 2025, after being oversubscribed 694 times. The NII segment was oversubscribed 1,155 times, retail 773 times, and QIB 209 times. Priced at ₹47 per share, retail allocations will be proportional. Refunds begin July 9, with shares credited to demat accounts. Listing on BSE SME is expected July 10.

NSDL, India’s largest depository, faces a July 31, 2025, deadline to list its IPO after SEBI extended the timeline from April 13, 2024. The delay stems from major shareholders IDBI Bank (26.10%) and NSE (24%) needing to reduce their stakes below 15% as per SEBI regulations. Failure to meet the deadline may require a fresh approval.

Glen Industries' IPO opens on July 8 to raise Rs 63.02 crore, priced at Rs 92–97 per share with a 26% grey market premium. The company produces eco-friendly packaging, exports globally, and reported a 113% rise in FY25 PAT to Rs 18.27 crore. Proceeds will fund a new West Bengal facility, with listing on July 15.

Emmvee Photovoltaic Power Ltd has filed its draft IPO papers with SEBI, aiming to raise up to ₹3,000 crore to strengthen its balance sheet and fund expansion. The IPO includes a fresh issue of ₹2,143.9 crore and an offer-for-sale of ₹856.1 crore. The company plans to use ₹1,607.9 crore to reduce debt and expand its solar manufacturing capacity.

Smarten Power Systems' IPO, priced at ₹100 per share, runs from July 7 to July 9. The company, a maker of power backup and solar products, aims to raise ₹37.5 crore via a fresh issue and OFS. Day 1 saw 11% subscription, with retail at 22%. Funds will cover battery manufacturing, working capital, debt, and capital expenditures. Grey market premium is ₹0.

The Travel Food Services IPO saw a slow start with 10% subscription on Day 1, led by retail at 14%. The GMP dropped to ₹16, indicating a 1.45% premium. The ₹2000 crore IPO, priced at ₹1045-1100, closes on July 9, with listing on July 14. Analysts have mixed ratings, from 'Neutral' to 'Subscribe,' citing strong market position and growth potential.