3 new issues eye Rs 3,600 crore as primary mkt momentum continues

The IPO market is set for another active spell in the week beginning July 14, as three new issues prepare to hit the street across mainboard and SME segments. The combined fundraising target stands at over Rs 3,600 crore, led by a much-anticipated pharma listing and supported by consumer and manufacturing plays in the SME space.

Investors will be watching the upcoming issues closely, particularly after last week’s strong retail and HNI participation in SME names like Cryogenic OGS and GLEN Industries. The grey market premiums (GMPs) and oversubscription trends have kept market interest high, especially in niche sectors and reasonably priced offerings.

Apart from the new openings, seven listings including the one of Travel Food Services is scheduled next week.

Here’s a look at the IPOs opening next week:

Anthem Biosciences IPO
Bengaluru-based pharma firm Anthem Biosciences will open its mainboard IPO on July 14, closing on July 16. The issue is entirely an offer for sale (OFS) and aims to raise Rs 3,395 crore in the price band of Rs 540–570 per share.

The company specializes in contract research and manufacturing services (CRAMS) and is backed by pre-IPO institutional investors. JM Financial is the book-running lead manager. The stock will be listed on both BSE and NSE.

As one of the larger IPOs this season, Anthem will be closely tracked by institutional players, especially after strong anchor participation and positive sector momentum in pharmaceuticals.

Spunweb Nonwoven IPO
In the SME segment, Spunweb Nonwoven, a player in the technical textiles space, is launching its IPO from July 14 to July 16. The company plans to raise Rs 60.98 crore with a price band of Rs 90–96 per share. Vivro Financial is the lead manager, and the stock will list on the NSE SME platform.

The company manufactures nonwoven fabric used in hygiene, agriculture, and packaging applications, a sector that has seen growing investor interest due to rising demand for sustainable materials.

Monika Alcobev IPO
Also in the SME space, Monika Alcobev, a liquor distribution company, will open its IPO on July 16 and close on July 18. The issue size is Rs 153.68 crore, with a price band of Rs 271–286 per share. The IPO is managed by Marwadi Chandarana Group and will be listed on the BSE SME platform.

Investors are expected to remain highly selective, with a clear preference for sectoral tailwinds, reasonable valuations, and strong promoter or institutional backing. The week ahead offers a well-rounded mix for those looking at both growth and tactical opportunities.

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