Explore This Week’s IPO Calendar with a detailed breakdown of Main Board and SME listings. Get insights into issue sizes, price bands, and sectors to make informed investment decisions in India’s dynamic IPO market.
With a number of businesses prepared to launch on the stock market, India’s initial public offering (IPO) sector is booming this week. From big-name Main Board listings to promising SME offerings, there’s plenty for investors to watch. Whether you’re drawn to the stability of large-cap players or the growth potential of smaller enterprises, this week’s IPO calendar has a mix that caters to different investment styles.
Main Board IPO Calendar: Spotlight on Major Fundraisers
The Main Board is witnessing strong interest, with four companies gearing up to raise substantial capital.
Indicube Spaces
Opening Date: July 23
Issue Size: ₹700Cr (Fresh Issue: ₹650Cr, OFS: ₹50Cr)
Price Band: ₹225–₹237/share
Sector: Flexible workspace solutions
Indicube Spaces focuses on delivering innovative office spaces tailored to the dynamic needs of modern businesses. Riding the trend of hybrid work models, the company aims to deploy funds towards expanding its footprint and strengthening infrastructure.
GNG Electronics
Opening Date: July 23
Issue Size: ₹460 Cr (Fresh Issue: ₹400 Cr, OFS: ₹60 Cr)
Price Band: ₹225–₹237/share
Sector: Electronics refurbishing (laptops/desktops)
With sustainability and cost-efficiency at its core, GNG Electronics specializes in refurbishing electronic devices. The IPO will help the company scale operations and invest in advanced technology for quality refurbishing solutions.
Brigade Hotel Ventures
Opening Date: July 24
Issue Size: ₹759.60 Cr (Complete fresh issue)
Price Band: To be announced
Sector: Hospitality
Brigade Hotel Ventures plans to utilize IPO proceeds for new projects and debt reduction. With the hospitality sector rebounding post-pandemic, this IPO is likely to attract investors seeking exposure to tourism and leisure businesses.
Shanti Gold International
Opening Date: July 25
Issue Size: 18,096,000 equity shares (Amount pending)
Price Band: To be announced
Sector: Gold and jewelry
A trusted name in the jewelry industry, Shanti Gold International’s offering highlights investor interest in precious metals during uncertain economic times.
SME IPOs: Diverse Sectors, High Potential
The SME segment continues to thrive with five public issues spanning real estate, engineering, logistics, and specialty chemicals.
Savi Infra and Logistics
Opening: July 21 | Closing: July 23
Issue Size: ₹69.98 Cr | Price Band: ₹114–₹120/share
Sector: Real estate & infrastructure
Swastika Castal
Opening: July 21
Issue Size: ₹14.07 Cr | Price Per Share: ₹54
Sector: Aluminium casting
Monarch Surveyors and Engineering Consultants
Opening: July 22
Issue Size: ₹93.75 Cr | Price Band: ₹237–₹250/share
Sector: Surveying, geotechnical engineering, project management
TSC India
Opening: July 23
Issue Size: ₹25.89 Cr | Price Band: ₹68–₹70/share
Sector: Corporate and B2B travel services
Patel Chem Specialties
Opening: July 25 | Closing: July 29
Issue Size: ₹58.80 Cr | Price Band: ₹82–₹84/share
Sector: Pharma excipients & specialty chemicals
These SMEs offer exposure to niche markets with high-growth potential, making them attractive for investors willing to diversify beyond large-cap stocks.
Key Considerations Before Investing in IPOs
While the excitement around new listings is palpable, it’s essential to approach them with diligence:
🔹 Read Offer Documents: Understand the company’s financial health, business model, and growth strategy.
🔹 Evaluate Sector Trends: Some sectors, like flexible workspaces and specialty chemicals, are riding secular growth waves.
🔹 Price Band and Valuation: Evaluate whether the pricing aligns with the company’s earnings and prospects.
🔹 Long-Term vs Short-Term: Decide whether you’re aiming for listing gains or building a long-term position.
Why This Week’s IPO Calendar Is Noteworthy
The sheer diversity of sectors—from hospitality and gold to geotechnical engineering and pharmaceutical chemicals—reflects the depth of India’s economy. For seasoned investors, it’s a chance to rebalance portfolios with fresh stories. For first-time investors, it’s an opportunity to enter markets cautiously with smaller SME investments or selectively participate in Main Board IPOs.
Final Word: Navigate With Prudence
This week’s IPO calendar underscores India’s growing appetite for capital markets. While fresh listings bring the allure of swift gains, success hinges on informed decisions. Analyze fundamentals, gauge market sentiment, and align investments with your financial goals. After all, a thoughtful approach now can lead to rewarding outcomes in the future.
Explore This Week’s IPO Calendar with a detailed breakdown of Main Board and SME listings. Get insights into issue sizes, price bands, and sectors to make informed investment decisions in India’s dynamic IPO market.