Primary Market Pulse: Three IPOs and Six Listings Set to Unfold Next Week
July 14–18 ushers in fresh issues and debuts amid a calmer subscription environment
The primary market cools off slightly after last week’s flurry, with three new IPOs opening and six companies gearing up for listing between July 14 and 18.
Upcoming IPOs
Contract research firm Anthem Biosciences leads the pack with its ₹3,395-crore mainboard offering.
- Price band: ₹540–570 per share
- Issue type: Entirely offer-for-sale by existing backers (Viridity Tone, Portsmouth Technologies)
- Subscription window: July 14–16
Gujarat’s Spunweb Nonwoven brings its ₹61-crore maiden SME issue to the market.
- Price band: ₹90–96 per share
- Issue type: Fresh issue only
- Subscription window: July 14–16
Mumbai-based liquor importer Monika Alcobev rounds out the trio with a ₹165.6-crore IPO.
- Price band: ₹271–286 per share
- Composition: Fresh issue of 47.91 lakh shares + OFS of 10 lakh shares
- Subscription window: July 16–18
Ongoing Issue
Smartworks Coworking Spaces wraps up its ₹583-crore IPO on July 14.
- Subscription status: Fully subscribed at 1.15× in two days
- Grey market premium: ~5 percent, reflecting modest demand
Mainboard Listings
Two large-cap debuts are on deck next week:
- Travel Food Services on July 14 (IPO subscribed 2.88×, grey market premium ~2 percent)
- Smartworks Coworking Spaces on July 17
SME Segment Debuts
Four SME companies join the bourses:
- Chemkart India (BSE SME) – Lists July 14; IPO subscribed 5.9×
- Smarten Power Systems (NSE Emerge) – Lists July 14; IPO subscribed 5.5×
- Glen Industries (BSE SME) – Lists July 15; IPO subscribed 260×
- Asston Pharmaceuticals (BSE SME) – Lists July 16; IPO subscribed 187×
By next week’s end, investors will have nine new trading lines—three fresh issues to subscribe to and six listings to track—offering a balanced mix of mainboard and SME opportunities.
