Upcoming IPOs This Week: 2 Mainboard and 3 SME IPOs Set to Open This Week Starting from July 7

The Indian primary market is seeing a flurry of activity with multiple IPOs lined up this week across both mainboard and SME platforms. From travel F&B chains and flexible workspaces to eco-friendly packaging and pharmaceuticals, investors have a wide array of companies to evaluate. Here's a deep dive into upcoming IPOs this week.

Mainboard IPO

Travel Food Services IPO 

• Issue Size: ₹2,000 crore (Offer for Sale only)
• Bidding Dates: July 7 to July 9, 2025
• Allotment Date: July 10, 2025
• Listing Date: July 14, 2025 (BSE, NSE)
• Price Band: ₹1,045 – ₹1,100
• Lot Size: 13 shares
• Minimum Investment: ₹13,585 (Retail)

Lead Manager: Kotak Mahindra Capital

Registrar: Link Intime

Use of Funds: Entirely OFS; proceeds to promoter shareholder.

About Travel Food Services Limited

Travel Food Services Limited (TFS) is a leading player in India's airport quick service restaurant (QSR) and lounge segments, operating 397 outlets under 117 brands across India and Malaysia. The company focuses on delivering speed, convenience, and premium lounge experiences for domestic and international travellers.

Smartworks Coworking Spaces Limited

• Issue Size: ₹445 crore (Fresh Issue) + 0.34 crore shares (OFS)
• Bidding Dates: July 10 to July 14, 2025
• Allotment Date: July 15, 2025
• Listing Date: July 17, 2025 (BSE, NSE)
• Price Band: To be announced

Lead Manager: JM Financial

Registrar: Link Intime

Objects of the Issue:

• ₹114 crore for loan repayment
• ₹225.84 crore for fit-outs and security deposits for new centers
• Balance for general corporate purposes

About Smartworks Coworking Spaces Limited

Smartworks Coworking, incorporated in 2015, offers tech-enabled, customized managed workspaces for Indian corporates, MNCs, and startups. With over 169,000 seats across India, it provides modern campuses equipped with cafeterias, gyms, crèches, and medical facilities. The company serves 728 clients and is one of the leading players in the flexible workspace segment.

Also Read: RBI’s New Rule: No Prepayment Penalty on Floating Loans from Jan 1, 2026

SME IPOs This Week

Conclusion

This week’s IPO lineup reflects the diverse nature of India’s evolving economy—from travel and coworking to sustainable packaging and pharmaceuticals. Investors should carefully evaluate each offering based on business fundamentals, growth potential, and sectoral outlook. With both mainboard and SME segments offering fresh opportunities, this week presents a dynamic mix for retail and institutional participants looking to tap into India's capital markets.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.