Upcoming IPOs This Week: 5 Mainboard and 6 SME IPO Set to Open
The upcoming week on Dalal Street is set to witness a flurry of activity in the primary market, with a strong line-up of both Mainboard and SME IPOs. After a muted phase over the past two years, the IPO market is showing signs of renewed vitality. This dynamic blend of large-cap and niche offerings offers opportunities for both short-term gains and long-term portfolio additions. Here's a closer look at the IPOs opening this week:
Mainboard IPOs
PropShare Titania REIT IPO
Property Share Investment Trust, a SEBI-registered REIT, launched in June 2024, is introducing its second scheme, PropShare Titania. The REIT is managed by Axis Trustee Services Ltd. and focuses on high-yield real estate assets.
- Issue Size: ₹473.00 crore (Fresh Issue)
- Price Band: ₹10,00,000 – ₹10,60,000 per unit
- Subscription Dates: July 21 – July 25, 2025
- Listing: BSE (Expected: August 4, 2025)
- Lot Size: 1 unit
Use of Proceeds
- Acquisition of Titania SPV: ₹217 crore
- Loan to Titania SPV to redeem debentures: ₹232.94 crore
- General corporate purposes
Indiqube Spaces IPO
Founded in 2015, Indiqube Spaces delivers tech-enabled, sustainable managed office solutions tailored for the modern workforce. The company’s integrated offerings span workspace design, amenities, and tech-backed services.
- Issue Size: ₹700 crore (₹650 crore fresh issue + ₹50 crore OFS)
- Price Band: ₹225 – ₹237
- Subscription Dates: July 23 – July 25, 2025
- Listing: BSE, NSE (Expected: July 30, 2025)
- Lot Size: 63 shares | Min Investment: ₹14,175
Use of Proceeds
- Capex for new centers: ₹462.65 crore
- Debt repayment: ₹93.04 crore
- General corporate purposes
Brigade Hotel Ventures IPO
A hospitality arm of real estate giant BEL, Brigade Hotel Ventures owns and operates chain-affiliated hotels across South India. As of June 2024, it ranks among the leading private hotel asset owners with 500+ rooms
- Issue Size: ₹759.60 crore (Fresh Issue)
- Price Band: ₹85 – ₹90
- Subscription Dates: July 24 – July 28, 2025
- Listing: BSE, NSE (Expected: July 31, 2025)
- Lot Size: 166 shares | Min Investment: ₹14,110
Use of Proceeds
- Repayment of borrowings: ₹468.14 crore
- Land acquisition from promoter BEL: ₹107.52 crore
- Strategic acquisitions & general corporate purposes
GNG Electronics IPO
Founded in 2011, GNG Electronics is a leading refurbisher of laptops and desktops in India and ranks among the top global ICT device refurbishers. The company operates across India, the USA, Europe, Africa, and the UAE, with strong supply chain capabilities and a tech-driven refurbishment model.
- Issue Size: ₹460 crore (₹400 crore Fresh Issue + OFS of 25.5 lakh shares)
- Price Band: ₹225 – ₹237
- Subscription Dates: July 24 – July 26, 2025
- Listing: BSE, NSE (Expected: July 31, 2025)
- Lot Size: 60 shares | Min Investment: ₹13,500
Use of Proceeds
- Expansion of refurbishment facilities: ₹120 crore
- Working capital needs: ₹180 crore
- Technology upgrades & R&D: ₹50 crore
- General corporate purposes
Shanti Gold International IPO
Established in 2003, Shanti Gold is a premium manufacturer of 22kt CZ gold jewelry. It boasts in-house design and manufacturing facilities for rings, bangles, necklaces, and more—catering to festive, wedding, and daily wear markets
- Issue Size: ₹360.11 crore (Fresh Issue)
- Price Band: ₹189 – ₹199
- Subscription Dates: July 25 – July 29, 2025
- Listing: BSE, NSE (Expected: August 1, 2025)
- Lot Size: 75 shares | Min Investment: ₹14,175
Use of Proceeds
- Jaipur facility setup: ₹46.30 crore
- Working capital: ₹200 crore
- Loan repayment: ₹17 crore
- General corporate purposes
Also Read: Upcoming IPO: Studds Accessories Received SEBI Approval to Launch IPO
SME IPO – Week of July 21, 2025
| Company | Issue Size | Price Band (₹) | Subscription Dates |
| Savy Infra & Logistics | ₹69.98 Cr | ₹114 – ₹120 | July 21 – July 23 |
| Swastika Castal | ₹14.07 Cr | ₹65 (Fixed) | July 21 – July 23 |
| Monarch Surveyors & Eng. | ₹93.75 Cr | ₹237 – ₹250 | July 22 – July 25 |
| TSC India | ₹25.89 Cr | ₹68 – ₹70 | July 23-July 25 |
| Patel Chem Specialities | ₹58.80 Cr | ₹82 – ₹84 | July 25 – July 29 |
| Sellowrap Industries | ₹30.28 Cr | ₹79 – ₹83 | July 25 – July 29 |
Conclusion
With over a dozen IPOs slated to open this week, investors have a broad spectrum of sectors to choose from, ranging from real estate and hospitality to specialty chemicals and tech-driven workspaces. Whether you're a short-term trader eyeing quick gains or a long-term investor building a solid portfolio, this week’s IPO calendar is worth exploring.
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.
Published on: Jul 21, 2025, 8:38 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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