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Open & Upcoming IPOs

Indiqube Spaces IPO raised ₹700 crore, subscribed 12.41 times, and is set to list on BSE and NSE on July 30. The IPO allotment status is likely on July 28. Investors can check their allotment on BSE, NSE, and the IPO registrar's websites using their application numbers or PAN. The estimated listing price is ₹241 per share, a 1.69% premium to the issue price.

Sahajanand Medical Technologies, founded in 2001 by Dhirajlal Kotadia, filed its draft DRHP with SEBI on July 25, 2025. The company, offering 2,76,44,231 shares, includes a 50% allocation to qualified institutional buyers, 15-35% for retail and non-institutional bidders. Shares will be listed on NSE and BSE, with booking lead managers Motilal Oswal and Avendus Capital.

Sebi proposed easing rules for issuers of non-convertible securities, replacing hard copies of financials and annual reports with web links and QR codes. This will result in cost savings and prevent paper wastage. Sebi also suggested specifying timelines for issuers to send financial reports to debenture holders, varying by 21 days or according to parent Act's provisions.

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Monarch Surveyors IPO subscribed 231.43 times, received Rs 93.75 crore and is likely to finalize allotment tonight. Investors can check the status using their application number or PAN on the official website of Bigshare Services, BSE, or NSE. The shares are commanding a GMP of 84% in the unregulated market, with a potential listing premium of same percentage.

Brigade Hotel Ventures' IPO got 1.11 times subscribed, receiving 5.68 crore bids against 5.11 crore shares on offer. RIIs subscribed 4.39 times, while QIBs subscribed 8% and non-institutional investors 87%. The share price band is Rs 85-90, valuing the company at over Rs 3,400 crore at the upper end.

Monarch Surveyors & Engineering Consultants Ltd's IPO received exceptional demand, and the bidding closed on July 24. The IPO allotment date is expected to be July 25, 2025, with the listing date set for July 29. The issue was subscribed 250.65 times, and investors can check the allotment status online through the BSE website or the Bigshare Services portal.

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VMS TMT Limited has received a final observation from SEBI for an initial public offering (IPO) of 1.5 crore equity shares. The company aims to raise ₹115 crore for debt repayment and will allocate the rest for general corporate uses. 96.28% ownership lies with promoters, while 3.72% is with public shareholders including Chanakya Opportunities Fund I and Kamdhenu.

Patel Chem Specialities' IPO witnessed 50% subscription in over an hour on its first day, with strong demand from retail and NII quotas. The ₹58.80 crore issue is subscribed 0.54 times, with the retail portion booked 0.85 times. The company plans to use raised funds for capital expenditure and general corporate purposes, with listing likely on August 1 at a potential premium of 41.67%.

Shanti Gold International's IPO opens for subscription on July 25 and closes on July 29. It mobilised ₹108.03 crore via the anchor book. The company is valued at ₹1,434.7 crore at the upper price band. It aims to raise ₹360.11 crore through 1.81 crore shares, with ₹250 crore set aside for working capital and facility setup.

The M&B Engineering IPO price band is ₹366-₹385 per share of face value ₹10, with subscription from July 30 to August 1. The anchor investor allocation is on July 29. The floor price is 36.60 times the face value, while the cap price is 38.50 times. The lot size is 38 shares, with multiple offerings.

The Shanti Gold Initial Public Offering (IPO) opened and will end on 29 July 2025 at 5:00 PM, with a price band of ₹189 to ₹199 per share. The company aims to raise ₹360.11 crore. The IPO is fairly priced at 19X PE, but slightly overpriced at 7X PB compared to sector peers. Potential investors may see a 20% listing gain, with shares trading ₹39 in the grey market.

GNG Electronics' IPO subscription concludes on July 25 with a price band of Rs. 225-Rs. 237 per share, targeting a Rs. 2,700 crore market capitalization. Allotment is scheduled on July 28, refunds on July 29, and shares credited to demat accounts on July 29. Listing is set on July 30 on BSE and NSE.

NSDL's IPO price band is ₹760-₹800 per share. The IPO will open on July 30 and close on August 1, with a minimum investment of ₹14,400. At the upper end, the IPO size is ₹4,011 crore, and the entire issue is an Offer for Sale. Key selling shareholders include IDBI Bank Limited and State Bank of India.

M&B Engineering, a Gujarat-based pre-engineered building provider, set a price band of Rs 366-385 per share for its Rs 650 crore IPO, which opens on July 30 and closes on August 1. The fresh issue will fund capital expenditure, repay debt, and upgrade technology, with proceeds from the Rs 275 crore issue going towards equipment purchases, building construction, and debt repayment.

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PhysicsWallah, an ed-tech firm, has pre-filed draft IPO papers confidentially with India's market regulator SEBI. The company plans to raise 46 billion rupees ($532.8 million) through the offering. This move coincides with the Indian IPO market gaining traction, with 10 listings in July and three more IPOs currently open.

NSDL to launch IPO next week with an issue size of Rs 4,000 crore, pegged at Rs 1.85 billion valuation. The public issue opens on July 30 and concludes on August 1, entirely as an Offer For Sale (OFS) component of 5.01 crore shares. Shares are expected to list on August 6. NSDL, with a 24.57 per cent net profit increase in FY 2024-25, is the largest depository in India.

Brigade Hotel Ventures Ltd's IPO received a 28% subscription on the first day of bidding, with the retail portion fully subscribed (124%). The quota for qualified institutional buyers (QIBs) and non-institutional investors saw 0% and 18% subscriptions respectively. The company aims to raise Rs 759.6 crore to pay debt, buy land, support acquisitions, and for general corporate purposes.

GNG Electronics' IPO saw strong demand, subscribed 15.11 times as of Thursday at 11:27 AM with non-institutional investors leading at 34.8 times, retail portion at 14.22 times, and QIB at 1.77 times. The grey market premium increased to Rs 100-105 (42% upside). The IPO's price band is Rs 225-237 per share, valuing the company at 33.3x FY25 earnings.

IndiQube Spaces' Rs 700 crore IPO was fully subscribed on its second day with retail investors leading the subscription, followed by non-institutional investors, while QIBs subscribed just 6% of their reserved portion. Retail investors booked their reserved portion over four times, despite unlisted shares trading at a grey market premium of around 6-7% over the IPO price.

Executive Centre India has filed a draft for a ₹2,600 crore IPO, an entirely fresh equity issue. The company plans to use funds for international expansion, investments in Abu Dhabi, and acquisitions of step-down subsidiaries. IPO proceeds will be directed towards consolidation across the Asia-Pacific and Middle East, with Kotak Mahindra, ICICI, and Nomura as book-running lead managers.

Indiqube Spaces IPO raised ₹700 crore, subscribed 12.41 times, and is set to list on BSE and NSE on July 30. The IPO allotment status is likely on July 28. Investors can check their allotment on BSE, NSE, and the IPO registrar's websites using their application numbers or PAN. The estimated listing price is ₹241 per share, a 1.69% premium to the issue price.

Sahajanand Medical Technologies, founded in 2001 by Dhirajlal Kotadia, filed its draft DRHP with SEBI on July 25, 2025. The company, offering 2,76,44,231 shares, includes a 50% allocation to qualified institutional buyers, 15-35% for retail and non-institutional bidders. Shares will be listed on NSE and BSE, with booking lead managers Motilal Oswal and Avendus Capital.

Sebi proposed easing rules for issuers of non-convertible securities, replacing hard copies of financials and annual reports with web links and QR codes. This will result in cost savings and prevent paper wastage. Sebi also suggested specifying timelines for issuers to send financial reports to debenture holders, varying by 21 days or according to parent Act's provisions.

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Monarch Surveyors IPO subscribed 231.43 times, received Rs 93.75 crore and is likely to finalize allotment tonight. Investors can check the status using their application number or PAN on the official website of Bigshare Services, BSE, or NSE. The shares are commanding a GMP of 84% in the unregulated market, with a potential listing premium of same percentage.

Brigade Hotel Ventures' IPO got 1.11 times subscribed, receiving 5.68 crore bids against 5.11 crore shares on offer. RIIs subscribed 4.39 times, while QIBs subscribed 8% and non-institutional investors 87%. The share price band is Rs 85-90, valuing the company at over Rs 3,400 crore at the upper end.

Monarch Surveyors & Engineering Consultants Ltd's IPO received exceptional demand, and the bidding closed on July 24. The IPO allotment date is expected to be July 25, 2025, with the listing date set for July 29. The issue was subscribed 250.65 times, and investors can check the allotment status online through the BSE website or the Bigshare Services portal.

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VMS TMT Limited has received a final observation from SEBI for an initial public offering (IPO) of 1.5 crore equity shares. The company aims to raise ₹115 crore for debt repayment and will allocate the rest for general corporate uses. 96.28% ownership lies with promoters, while 3.72% is with public shareholders including Chanakya Opportunities Fund I and Kamdhenu.

Patel Chem Specialities' IPO witnessed 50% subscription in over an hour on its first day, with strong demand from retail and NII quotas. The ₹58.80 crore issue is subscribed 0.54 times, with the retail portion booked 0.85 times. The company plans to use raised funds for capital expenditure and general corporate purposes, with listing likely on August 1 at a potential premium of 41.67%.

Shanti Gold International's IPO opens for subscription on July 25 and closes on July 29. It mobilised ₹108.03 crore via the anchor book. The company is valued at ₹1,434.7 crore at the upper price band. It aims to raise ₹360.11 crore through 1.81 crore shares, with ₹250 crore set aside for working capital and facility setup.

The M&B Engineering IPO price band is ₹366-₹385 per share of face value ₹10, with subscription from July 30 to August 1. The anchor investor allocation is on July 29. The floor price is 36.60 times the face value, while the cap price is 38.50 times. The lot size is 38 shares, with multiple offerings.

The Shanti Gold Initial Public Offering (IPO) opened and will end on 29 July 2025 at 5:00 PM, with a price band of ₹189 to ₹199 per share. The company aims to raise ₹360.11 crore. The IPO is fairly priced at 19X PE, but slightly overpriced at 7X PB compared to sector peers. Potential investors may see a 20% listing gain, with shares trading ₹39 in the grey market.

GNG Electronics' IPO subscription concludes on July 25 with a price band of Rs. 225-Rs. 237 per share, targeting a Rs. 2,700 crore market capitalization. Allotment is scheduled on July 28, refunds on July 29, and shares credited to demat accounts on July 29. Listing is set on July 30 on BSE and NSE.

NSDL's IPO price band is ₹760-₹800 per share. The IPO will open on July 30 and close on August 1, with a minimum investment of ₹14,400. At the upper end, the IPO size is ₹4,011 crore, and the entire issue is an Offer for Sale. Key selling shareholders include IDBI Bank Limited and State Bank of India.

M&B Engineering, a Gujarat-based pre-engineered building provider, set a price band of Rs 366-385 per share for its Rs 650 crore IPO, which opens on July 30 and closes on August 1. The fresh issue will fund capital expenditure, repay debt, and upgrade technology, with proceeds from the Rs 275 crore issue going towards equipment purchases, building construction, and debt repayment.

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PhysicsWallah, an ed-tech firm, has pre-filed draft IPO papers confidentially with India's market regulator SEBI. The company plans to raise 46 billion rupees ($532.8 million) through the offering. This move coincides with the Indian IPO market gaining traction, with 10 listings in July and three more IPOs currently open.

NSDL to launch IPO next week with an issue size of Rs 4,000 crore, pegged at Rs 1.85 billion valuation. The public issue opens on July 30 and concludes on August 1, entirely as an Offer For Sale (OFS) component of 5.01 crore shares. Shares are expected to list on August 6. NSDL, with a 24.57 per cent net profit increase in FY 2024-25, is the largest depository in India.

Brigade Hotel Ventures Ltd's IPO received a 28% subscription on the first day of bidding, with the retail portion fully subscribed (124%). The quota for qualified institutional buyers (QIBs) and non-institutional investors saw 0% and 18% subscriptions respectively. The company aims to raise Rs 759.6 crore to pay debt, buy land, support acquisitions, and for general corporate purposes.

GNG Electronics' IPO saw strong demand, subscribed 15.11 times as of Thursday at 11:27 AM with non-institutional investors leading at 34.8 times, retail portion at 14.22 times, and QIB at 1.77 times. The grey market premium increased to Rs 100-105 (42% upside). The IPO's price band is Rs 225-237 per share, valuing the company at 33.3x FY25 earnings.

IndiQube Spaces' Rs 700 crore IPO was fully subscribed on its second day with retail investors leading the subscription, followed by non-institutional investors, while QIBs subscribed just 6% of their reserved portion. Retail investors booked their reserved portion over four times, despite unlisted shares trading at a grey market premium of around 6-7% over the IPO price.

Executive Centre India has filed a draft for a ₹2,600 crore IPO, an entirely fresh equity issue. The company plans to use funds for international expansion, investments in Abu Dhabi, and acquisitions of step-down subsidiaries. IPO proceeds will be directed towards consolidation across the Asia-Pacific and Middle East, with Kotak Mahindra, ICICI, and Nomura as book-running lead managers.

Savy Infra & Logistics Limited's SME IPO allotment status has been finalised with robust investor participation. Successful bidders will receive shares in demat accounts on July 25. Non-allotted investors will receive refunds on the same day. The listing is scheduled for Monday, July 28, with Savy Infra commanding a grey market premium of ₹25 per share.

Aditya Infotech Limited sets a price band of Rs 640-675 per equity share for its Rs 1,300 crore initial public offering (IPO). The issue contains a fresh issue of Rs 500 crore and an offer for sale of Rs 800 crore, aiming to repay Rs 375 crore in debt. The IPO opens for subscription on July 29 and closes on July 31.

Brigade Hotel Ventures Limited raised ₹324.7 crore from anchor investors ahead of its IPO. Notable investors participated in the allocation of 3.6 crore shares at ₹90 each. The IPO opens on Thursday, closing on July 28, with a price band of ₹85-₹90 per share, valuing the company at over ₹3,400 crore.

Indiqube Spaces Ltd's initial public offer (IPO) subscribed 87% on the first day. Bids received 1,50,00,111 shares against 1,71,48,335 shares offered. Retail investors subscribed 3.41 times, non-institutional investors 78%, and Qualified Institutional Buyers 6%. The ₹700-crore IPO will conclude on July 25, with the company's valuation at nearly ₹5,000 crore.

Kaytex Fabrics, a Punjab-based textiles company, will launch its IPO on July 29 with a price band of Rs 171-180 per share. The company aims to raise Rs 69.81 crore through a fresh issue and offer-for-sale. The IPO will close on July 31 with allocation finalised by August 1 and listing on August 5 on NSE Emerge.

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With an offer price of Rs 66 per share, Rajkot-based smartphone reseller Umiya Mobile has chosen to hold its first share offering for public subscription the following week, on July 28. On July 30, the fixed price issue will come to an end. By July 31, the business will complete the allocation of IPO shares, and on August 4, its shares will be traded on the BSE SME.

Savy Infra and Logistics' initial public offering received a 106.53 times subscription, with shares trading at a 15-20% premium in the grey market. The Rs 70-crore issue was subscribed with 97,355 applications, while Swastika Castal's Rs 14.07-crore issue saw 4.87 times subscription, with the latter's shares trading at a flat grey market premium.

Monarch Surveyors and Engineering Consultants received 50.93 times subscription for its IPO with investors bidding 13.69 crore shares against 26.88 lakh shares. Retail investors subscribed 76.04 times their quota, while non-institutional investors bid 46.75 times. The company targets Rs 93.75 crore through the share sale of 37.5 lakh shares at Rs 237-250 per share.

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Brigade Hotel Ventures' IPO opens July 24 and closes July 28 with a price band of ₹85 to ₹90 per share, entirely a fresh issue of 8.44 crore shares. Net proceeds will be used to repay borrowings, buy land and fund strategic initiatives. A 12% listing premium is expected based on grey market premium of ₹11.

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IndiQube Spaces' Rs 700-crore initial public offering (IPO) was subscribed 56% on the first day, driven by strong retail demand. Retail investors' portion received 2.23 times subscription. Non-institutional investors subscribed 42% and QIBs 6%, while anchor investors were raised Rs 314 crore earlier.

GNG Electronics' ₹460 crore IPO was fully subscribed within the first hour on July 23, receiving 2.56 times subscription. The IPO has a price band of ₹225-₹237, with a market valuation of over ₹2,700 crore. Proceeds will fund debt, working capital, and general purposes, while the company has reported 24% revenue growth and 32% profit growth in FY25.

Monika Alcobev made a flat debut on BSE SME, listing at Rs. 288, a 0.7% premium over its IPO price of Rs. 286. The Rs. 65.63 crore IPO received 4.08 times subscription, with highest demand from QIB portion at 2.54 times, retail at 2.92 times, and NII at 8.86 times, closing with 1.53 crore shares bid.

GNG Electronics' initial public offering (IPO) opened on July 23 for public subscription to raise Rs 460 crore. The company garnered Rs 138 crore from anchor investors. Brokerages recommend subscribing to the IPO with a medium to long-term horizon, citing strong positioning in the refurbished ICT device space and robust industry tailwinds. The IPO is priced at Rs 225-237 per share until July 25.

Monika Alcobev IPO to list today

2025-07-23 09:45:11

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Monika Alcobev is set to list on the BSE SME platform on July 23, concluding a Rs 165 crore IPO at Rs 286 per share. The IPO values the company at Rs 613.47 crore, with funds raised for working capital and debt repayment. Despite strong financial performance, the IPO shows no premium in the grey market, with GMP at 0%.

IndiQube Spaces IPO Day 1

2025-07-23 09:13:10

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IndiQube Spaces begins public subscription, ending Friday, July 25. The IPO price band is ₹225- ₹237 per share, with a valuation of ₹5,000 crore. The company aims to raise ₹650 crore, allocating ₹462.6 crore for new centers and ₹93 crore for debt repayment, with the remaining for general corporate uses.

Sri Lotus Developers' Rs 792 crore IPO opens on July 30, closing on August 1, and is expected to list on August 6. The issue aims to raise funds for subsidiaries and ongoing projects. The company focuses on redevelopment of ultra-luxury and luxury properties in Mumbai, with revenue growing to Rs 549.68 crore and net profit reaching Rs 227.89 crore in FY25.

PhysicsWallah (PW) launched Aryabhata 1.0, a compact language model specifically for mathematics preparation. Built on a 7-billion parameter model, Aryabhata 1.0 achieved 86% and 90.2% accuracy in JEE Main papers, outperforming larger models using 1,30,000 curated question-and-answer pairs and techniques like supervised fine-tuning and rejection sampling, as PW prepares for its IPO.

Laxmi India Finance will launch its initial public offering (IPO) on July 29, open for subscription until July 31, and close on August 1. The trading in its shares will commence on August 5. The company will offer 1.6 crore shares for sale, with proceeds from the fresh issue to be used for augmenting capital and future business requirements.

Monarch Surveyors and Engineering Consultants IPO received bids for 2.91 crore shares against 26.88 lakh shares on offer, resulting in nearly 11 times subscription on the first day. Retail investors subscribed 18.15 times, while non-institutional investors subscribed 7.88 times. Qualified institutional buyers fetched a 1.19 times subscription.

Monarch Surveyors' ₹93.75 crore IPO kicked off July 22, with strong demand from retail and HNI investors. The issue, entirely a fresh share sale of 37.50 lakh shares, was subscribed 7.50 times within hours. Retail portion subscribed 11.91 times, NII portion 6.99 times, and QIB 0.17 times. GMP reached ₹165. Estimated listing price could be ₹415, a 66% premium.

Indiqube Spaces IPO raised ₹700 crore, subscribed 12.41 times, and is set to list on BSE and NSE on July 30. The IPO allotment status is likely on July 28. Investors can check their allotment on BSE, NSE, and the IPO registrar's websites using their application numbers or PAN. The estimated listing price is ₹241 per share, a 1.69% premium to the issue price.

Sahajanand Medical Technologies, founded in 2001 by Dhirajlal Kotadia, filed its draft DRHP with SEBI on July 25, 2025. The company, offering 2,76,44,231 shares, includes a 50% allocation to qualified institutional buyers, 15-35% for retail and non-institutional bidders. Shares will be listed on NSE and BSE, with booking lead managers Motilal Oswal and Avendus Capital.

Sebi proposed easing rules for issuers of non-convertible securities, replacing hard copies of financials and annual reports with web links and QR codes. This will result in cost savings and prevent paper wastage. Sebi also suggested specifying timelines for issuers to send financial reports to debenture holders, varying by 21 days or according to parent Act's provisions.

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Monarch Surveyors IPO subscribed 231.43 times, received Rs 93.75 crore and is likely to finalize allotment tonight. Investors can check the status using their application number or PAN on the official website of Bigshare Services, BSE, or NSE. The shares are commanding a GMP of 84% in the unregulated market, with a potential listing premium of same percentage.

Brigade Hotel Ventures' IPO got 1.11 times subscribed, receiving 5.68 crore bids against 5.11 crore shares on offer. RIIs subscribed 4.39 times, while QIBs subscribed 8% and non-institutional investors 87%. The share price band is Rs 85-90, valuing the company at over Rs 3,400 crore at the upper end.

Monarch Surveyors & Engineering Consultants Ltd's IPO received exceptional demand, and the bidding closed on July 24. The IPO allotment date is expected to be July 25, 2025, with the listing date set for July 29. The issue was subscribed 250.65 times, and investors can check the allotment status online through the BSE website or the Bigshare Services portal.

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VMS TMT Limited has received a final observation from SEBI for an initial public offering (IPO) of 1.5 crore equity shares. The company aims to raise ₹115 crore for debt repayment and will allocate the rest for general corporate uses. 96.28% ownership lies with promoters, while 3.72% is with public shareholders including Chanakya Opportunities Fund I and Kamdhenu.

Patel Chem Specialities' IPO witnessed 50% subscription in over an hour on its first day, with strong demand from retail and NII quotas. The ₹58.80 crore issue is subscribed 0.54 times, with the retail portion booked 0.85 times. The company plans to use raised funds for capital expenditure and general corporate purposes, with listing likely on August 1 at a potential premium of 41.67%.

Shanti Gold International's IPO opens for subscription on July 25 and closes on July 29. It mobilised ₹108.03 crore via the anchor book. The company is valued at ₹1,434.7 crore at the upper price band. It aims to raise ₹360.11 crore through 1.81 crore shares, with ₹250 crore set aside for working capital and facility setup.

The M&B Engineering IPO price band is ₹366-₹385 per share of face value ₹10, with subscription from July 30 to August 1. The anchor investor allocation is on July 29. The floor price is 36.60 times the face value, while the cap price is 38.50 times. The lot size is 38 shares, with multiple offerings.

The Shanti Gold Initial Public Offering (IPO) opened and will end on 29 July 2025 at 5:00 PM, with a price band of ₹189 to ₹199 per share. The company aims to raise ₹360.11 crore. The IPO is fairly priced at 19X PE, but slightly overpriced at 7X PB compared to sector peers. Potential investors may see a 20% listing gain, with shares trading ₹39 in the grey market.

GNG Electronics' IPO subscription concludes on July 25 with a price band of Rs. 225-Rs. 237 per share, targeting a Rs. 2,700 crore market capitalization. Allotment is scheduled on July 28, refunds on July 29, and shares credited to demat accounts on July 29. Listing is set on July 30 on BSE and NSE.

NSDL's IPO price band is ₹760-₹800 per share. The IPO will open on July 30 and close on August 1, with a minimum investment of ₹14,400. At the upper end, the IPO size is ₹4,011 crore, and the entire issue is an Offer for Sale. Key selling shareholders include IDBI Bank Limited and State Bank of India.

M&B Engineering, a Gujarat-based pre-engineered building provider, set a price band of Rs 366-385 per share for its Rs 650 crore IPO, which opens on July 30 and closes on August 1. The fresh issue will fund capital expenditure, repay debt, and upgrade technology, with proceeds from the Rs 275 crore issue going towards equipment purchases, building construction, and debt repayment.

Rate this item

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PhysicsWallah, an ed-tech firm, has pre-filed draft IPO papers confidentially with India's market regulator SEBI. The company plans to raise 46 billion rupees ($532.8 million) through the offering. This move coincides with the Indian IPO market gaining traction, with 10 listings in July and three more IPOs currently open.

NSDL to launch IPO next week with an issue size of Rs 4,000 crore, pegged at Rs 1.85 billion valuation. The public issue opens on July 30 and concludes on August 1, entirely as an Offer For Sale (OFS) component of 5.01 crore shares. Shares are expected to list on August 6. NSDL, with a 24.57 per cent net profit increase in FY 2024-25, is the largest depository in India.

Brigade Hotel Ventures Ltd's IPO received a 28% subscription on the first day of bidding, with the retail portion fully subscribed (124%). The quota for qualified institutional buyers (QIBs) and non-institutional investors saw 0% and 18% subscriptions respectively. The company aims to raise Rs 759.6 crore to pay debt, buy land, support acquisitions, and for general corporate purposes.

GNG Electronics' IPO saw strong demand, subscribed 15.11 times as of Thursday at 11:27 AM with non-institutional investors leading at 34.8 times, retail portion at 14.22 times, and QIB at 1.77 times. The grey market premium increased to Rs 100-105 (42% upside). The IPO's price band is Rs 225-237 per share, valuing the company at 33.3x FY25 earnings.

IndiQube Spaces' Rs 700 crore IPO was fully subscribed on its second day with retail investors leading the subscription, followed by non-institutional investors, while QIBs subscribed just 6% of their reserved portion. Retail investors booked their reserved portion over four times, despite unlisted shares trading at a grey market premium of around 6-7% over the IPO price.

Executive Centre India has filed a draft for a ₹2,600 crore IPO, an entirely fresh equity issue. The company plans to use funds for international expansion, investments in Abu Dhabi, and acquisitions of step-down subsidiaries. IPO proceeds will be directed towards consolidation across the Asia-Pacific and Middle East, with Kotak Mahindra, ICICI, and Nomura as book-running lead managers.

Savy Infra & Logistics Limited's SME IPO allotment status has been finalised with robust investor participation. Successful bidders will receive shares in demat accounts on July 25. Non-allotted investors will receive refunds on the same day. The listing is scheduled for Monday, July 28, with Savy Infra commanding a grey market premium of ₹25 per share.

Aditya Infotech Limited sets a price band of Rs 640-675 per equity share for its Rs 1,300 crore initial public offering (IPO). The issue contains a fresh issue of Rs 500 crore and an offer for sale of Rs 800 crore, aiming to repay Rs 375 crore in debt. The IPO opens for subscription on July 29 and closes on July 31.

Brigade Hotel Ventures Limited raised ₹324.7 crore from anchor investors ahead of its IPO. Notable investors participated in the allocation of 3.6 crore shares at ₹90 each. The IPO opens on Thursday, closing on July 28, with a price band of ₹85-₹90 per share, valuing the company at over ₹3,400 crore.

Indiqube Spaces Ltd's initial public offer (IPO) subscribed 87% on the first day. Bids received 1,50,00,111 shares against 1,71,48,335 shares offered. Retail investors subscribed 3.41 times, non-institutional investors 78%, and Qualified Institutional Buyers 6%. The ₹700-crore IPO will conclude on July 25, with the company's valuation at nearly ₹5,000 crore.

Kaytex Fabrics, a Punjab-based textiles company, will launch its IPO on July 29 with a price band of Rs 171-180 per share. The company aims to raise Rs 69.81 crore through a fresh issue and offer-for-sale. The IPO will close on July 31 with allocation finalised by August 1 and listing on August 5 on NSE Emerge.

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With an offer price of Rs 66 per share, Rajkot-based smartphone reseller Umiya Mobile has chosen to hold its first share offering for public subscription the following week, on July 28. On July 30, the fixed price issue will come to an end. By July 31, the business will complete the allocation of IPO shares, and on August 4, its shares will be traded on the BSE SME.

Savy Infra and Logistics' initial public offering received a 106.53 times subscription, with shares trading at a 15-20% premium in the grey market. The Rs 70-crore issue was subscribed with 97,355 applications, while Swastika Castal's Rs 14.07-crore issue saw 4.87 times subscription, with the latter's shares trading at a flat grey market premium.

Monarch Surveyors and Engineering Consultants received 50.93 times subscription for its IPO with investors bidding 13.69 crore shares against 26.88 lakh shares. Retail investors subscribed 76.04 times their quota, while non-institutional investors bid 46.75 times. The company targets Rs 93.75 crore through the share sale of 37.5 lakh shares at Rs 237-250 per share.

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Brigade Hotel Ventures' IPO opens July 24 and closes July 28 with a price band of ₹85 to ₹90 per share, entirely a fresh issue of 8.44 crore shares. Net proceeds will be used to repay borrowings, buy land and fund strategic initiatives. A 12% listing premium is expected based on grey market premium of ₹11.

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IndiQube Spaces' Rs 700-crore initial public offering (IPO) was subscribed 56% on the first day, driven by strong retail demand. Retail investors' portion received 2.23 times subscription. Non-institutional investors subscribed 42% and QIBs 6%, while anchor investors were raised Rs 314 crore earlier.

GNG Electronics' ₹460 crore IPO was fully subscribed within the first hour on July 23, receiving 2.56 times subscription. The IPO has a price band of ₹225-₹237, with a market valuation of over ₹2,700 crore. Proceeds will fund debt, working capital, and general purposes, while the company has reported 24% revenue growth and 32% profit growth in FY25.

Monika Alcobev made a flat debut on BSE SME, listing at Rs. 288, a 0.7% premium over its IPO price of Rs. 286. The Rs. 65.63 crore IPO received 4.08 times subscription, with highest demand from QIB portion at 2.54 times, retail at 2.92 times, and NII at 8.86 times, closing with 1.53 crore shares bid.

GNG Electronics' initial public offering (IPO) opened on July 23 for public subscription to raise Rs 460 crore. The company garnered Rs 138 crore from anchor investors. Brokerages recommend subscribing to the IPO with a medium to long-term horizon, citing strong positioning in the refurbished ICT device space and robust industry tailwinds. The IPO is priced at Rs 225-237 per share until July 25.

Monika Alcobev IPO to list today

2025-07-23 09:45:11

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Monika Alcobev is set to list on the BSE SME platform on July 23, concluding a Rs 165 crore IPO at Rs 286 per share. The IPO values the company at Rs 613.47 crore, with funds raised for working capital and debt repayment. Despite strong financial performance, the IPO shows no premium in the grey market, with GMP at 0%.

IndiQube Spaces IPO Day 1

2025-07-23 09:13:10

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IndiQube Spaces begins public subscription, ending Friday, July 25. The IPO price band is ₹225- ₹237 per share, with a valuation of ₹5,000 crore. The company aims to raise ₹650 crore, allocating ₹462.6 crore for new centers and ₹93 crore for debt repayment, with the remaining for general corporate uses.

Sri Lotus Developers' Rs 792 crore IPO opens on July 30, closing on August 1, and is expected to list on August 6. The issue aims to raise funds for subsidiaries and ongoing projects. The company focuses on redevelopment of ultra-luxury and luxury properties in Mumbai, with revenue growing to Rs 549.68 crore and net profit reaching Rs 227.89 crore in FY25.

PhysicsWallah (PW) launched Aryabhata 1.0, a compact language model specifically for mathematics preparation. Built on a 7-billion parameter model, Aryabhata 1.0 achieved 86% and 90.2% accuracy in JEE Main papers, outperforming larger models using 1,30,000 curated question-and-answer pairs and techniques like supervised fine-tuning and rejection sampling, as PW prepares for its IPO.

Laxmi India Finance will launch its initial public offering (IPO) on July 29, open for subscription until July 31, and close on August 1. The trading in its shares will commence on August 5. The company will offer 1.6 crore shares for sale, with proceeds from the fresh issue to be used for augmenting capital and future business requirements.

Monarch Surveyors and Engineering Consultants IPO received bids for 2.91 crore shares against 26.88 lakh shares on offer, resulting in nearly 11 times subscription on the first day. Retail investors subscribed 18.15 times, while non-institutional investors subscribed 7.88 times. Qualified institutional buyers fetched a 1.19 times subscription.

Monarch Surveyors' ₹93.75 crore IPO kicked off July 22, with strong demand from retail and HNI investors. The issue, entirely a fresh share sale of 37.50 lakh shares, was subscribed 7.50 times within hours. Retail portion subscribed 11.91 times, NII portion 6.99 times, and QIB 0.17 times. GMP reached ₹165. Estimated listing price could be ₹415, a 66% premium.

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