Upcoming IPOs This Week (July 7–12, 2025): Overview, Key Details & Insights

Looking for a complete guide to all IPOs opening for subscription this week? This page brings you all the critical information you need in one place. We track the key details for every mainboard IPO, including dates, price bands, lot sizes, Grey Market Premium (GMP), and daily subscription status. Beyond the data, you'll find our expert analysis in "Analyst View" to help you understand the unique strengths and risks of each company. Consider this your one-stop destination for all IPO-related insights this week. For a broader view, you can also visit our main IPO Tracker.

Travel Food Services IPO Overview

Travel Food Services, a major player in the travel food and beverage sector, has launched its IPO, which is open till July 9, 2025, for subscription. The company operates a large network of quick-service restaurants (QSRs) and lounges in airports across India and internationally. As of March 31, 2025, its portfolio included 127 partner and in-house brands.

• Dates: The IPO subscription is open from July 7, 2025, to July 9, 2025. The allotment of shares is expected on July 10, 2025, with a tentative listing date of July 14, 2025.
• Price Band: The price band for the IPO is set at ₹1,045 – ₹1,100 per share.
• Lot Size: Investors can bid for a minimum of 13 shares.
• Issue Size: The total issue size is ₹2,000 Cr.
• Anchor Investors: Travel Food Services has raised ₹599 crore from 33 anchor investors ahead of its IPO. Investors include names like SBI Mutual Fund, ICICI Prudential MF, HDFC MF, and Aditya Birla Sun Life MF.
• Subscription Status: As of July 7, 2025, 7 PM, the IPO has been subscribed by 0.10 times.
• Analyst View: Travel Food Services combines niche dominance, high profitability, and steady growth by focusing on premium, high-traffic airport and travel locations, where entry barriers are high and few players compete. With strong financials (RoNW 34.64%, PAT margin 21.54%), global backing from SSP Group, and a 99.45% contract renewal rate, it stands out in its space. However, heavy reliance on a few airports (86% revenue from the top 5) and shifting concession models make it suitable only for selective, cautious investment.
• GMP: The Travel Food Services IPO GMP (Grey Market Premium) is ₹16 as of July 7, 2025, as per Chittorgarh.com. As per this GMP, the company’s share may get listed at ₹1,116 with a premium of 1.45%. Disclaimer: GMP is an unofficial indicator and is subject to market volatility.
• For complete details related to the IPO, visit the Travel Food Services Ltd IPO page.

Smartworks Coworking Spaces IPO Overview

Smartworks Coworking Spaces, India's leading managed office platform, is set to launch its IPO this week, opening on July 10. The company provides flexible and tech-enabled workspace solutions to large enterprises. As of March 31, 2025, Smartworks managed a portfolio of 8.99 million sq. ft. across 50 centers in 15 cities, serving 738 clients.

• Dates: The IPO will be open for subscription from July 10, 2025, to July 14, 2025. The allotment is expected to be finalized on July 15, 2025, with a tentative listing on July 17, 2025.
• Price Band: The price band is set at ₹387 – ₹407 per share.
• Lot Size: The minimum lot size for an application is 36 shares.
• Issue Size: The IPO issue size is ₹582.56 crore, which includes a fresh issue of ₹445 crore and an offer for sale of ₹137.56 crore.
• Anchor Investors: The anchor investor bid date is July 9, 2025. Details will be provided once available.
• Analyst View: Smartworks holds a leadership position in the rapidly growing flexible workspace market, attracting a strong client base of large enterprises. Its model of creating customized, managed office spaces is a key strength. However, the company reported a net loss of ₹63.18 crores in FY25, and the co-working industry is highly competitive. Investors should consider the company's growth potential against its current lack of profitability.
• GMP: The Grey Market Premium (GMP) for the Smartworks Coworking IPO has not yet started as of July 7, 2025. This section will be updated as soon as GMP data becomes available. Disclaimer: GMP is an unofficial indicator and is subject to market volatility.
• For complete details related to the IPO, visit the Smartworks Coworking IPO page.

Recently Listed IPOs

Here’s a look at the performance of some recent IPOs:

• Crizac Limited: The IPO subscription closed on July 4, 2025. The allotment is expected on July 7, with a tentative listing date of July 9, 2025. The IPO was subscribed over 59.8 times. You can find more details on the Crizac Ltd IPO Page.
• Indogulf Cropsciences Limited: The subscription for this IPO closed on June 30, 2025, at 25.982 times. Despite this, Indogulf’s share was listed flat at ₹111 on July 3, 2025.
• HDB Financial Services: The company was listed at ₹835 per share against the IPO price of ₹740, marking over 12% premium. HDB Financial Services' share price further surged and crossed the ₹850 mark.

Other Upcoming IPOs to Watch

Several much-awaited IPOs are on the horizon. Here is a list of companies that have either filed their DRHP or are expected to go public soon:

Source: SEBI, NSE, BSE, Media Reports

How to Apply for an IPO on INDmoney?

1. Download the INDmoney app and complete your KYC to open an account.
2. Go to the INDstocks section and tap on IPO, or search for ‘IPO’.
3. Select your preferred IPO from the list of live IPOs.
4. View key details like price band, lot size, and dates, then tap ‘Apply Now’.
5. Choose the number of lots and place your order via UPI. Your funds will be blocked until the share allotment is finalized.

For a seamless application process, visit the INDmoney IPO page.

Disclaimer

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