Indian IPO Market Buzz: Active IPOs, Allotments, and Listings on July 28, 2025

Mumbai, July 28, 2025 – The Indian primary market is witnessing a flurry of activity today, with several Initial Public Offerings (IPOs) opening, closing, finalizing allotments, and listing on the stock exchanges. Here’s a detailed roundup of the key IPO developments for July 28, 2025, based on the latest updates from the Indian financial markets:

IPOs Opening Today

1. Repono Limited (SME)

• Details: Repono Limited, a small and medium enterprise (SME), launched its IPO today, aiming to raise approximately ₹26.6 crore. The issue has a fixed price band of ₹91-96 per share.
• Objective: The funds are expected to be utilized for business expansion, working capital requirements, and general corporate purposes.
• Subscription Period: The IPO will remain open for subscription from July 28 to July 30, 2025.
• Exchange: The shares are expected to list on the NSE SME platform.

2. Umiya Mobile (SME)

• Details: Umiya Mobile, another SME player, also opened its IPO for subscription today. Specific details about the issue size and price band were not widely reported, but the company is anticipated to tap into the growing demand for mobile and tech-related businesses.
• Objective: Funds are likely to support product development and market expansion.
• Subscription Period: The IPO is open from July 28 to July 30, 2025.
• Exchange: The shares will list on the BSE SME platform.

IPO Closing Today

1. Brigade Hotel Ventures (Mainboard)

• Details: The mainboard IPO of Brigade Hotel Ventures, a hospitality-focused company, closed for subscription today. The IPO was offered at a price band of ₹85-90 per share, aiming to raise significant capital for the company’s growth plans.
• Objective: The proceeds are expected to be used for debt repayment, expansion of hotel properties, and operational enhancements.
• Subscription Status: While final subscription figures are awaited, market sources indicate strong interest from institutional and retail investors, driven by the brand’s reputation and the hospitality sector’s recovery.
• Listing: The shares are slated to list on the BSE and NSE in the coming days, with the allotment expected to be finalized by July 30, 2025.

Allotment Finalization

The following IPOs finalized their share allotments today, allowing investors to check their application status:

1. TSC India Limited (SME)

   Investors can verify their allotment status on the registrar’s website. The IPO, which targeted the SME segment, saw robust demand due to its attractive pricing and growth potential.

   Listing: Shares are expected to list on the NSE SME platform shortly.

2. GNG Electronics (Mainboard)

   The mainboard IPO of GNG Electronics, a key player in the electronics sector, also finalized its allotment today. Investors can check their status via the registrar’s portal.

   Listing: The shares are set to debut on the BSE and NSE, with expectations of a strong listing performance given the sector’s bullish outlook.

3. Indiqube (Mainboard)

   Indiqube, known for its co-working and flexible workspace solutions, finalized its IPO allotment today. Investors can access the allotment status through the registrar, MUFG Intime India Pvt Ltd.

   Listing: The shares are anticipated to list on the BSE and NSE, with market analysts predicting a positive debut amid growing demand for workspace solutions.

IPOs Listing Today

1. Savy Infra (NSE SME)

   Savy Infra’s IPO is set to list on the NSE SME platform today. The company, which operates in the infrastructure sector, garnered significant interest during its subscription phase due to its focus on sustainable projects.

   Expected Performance: Market observers expect a decent listing premium, driven by the infrastructure sector’s long-term growth prospects.

2. Swastika Castal (BSE SME)

   Swastika Castal, another SME IPO, will list on the BSE SME platform today. The company, involved in manufacturing and industrial solutions, saw healthy subscription numbers.

   Expected Performance: Analysts are optimistic about its listing, with potential for moderate to strong gains based on current market sentiment.

Market Context and Investor Sentiment

The Indian IPO market is experiencing a significant boom, with 14 new IPOs slated to open this week and 11 companies listing their shares, as per posts on X. The high volume of IPOs has sparked discussions about a potential liquidity crunch, with some analysts cautioning that the flood of offerings could strain market resources. However, the robust participation in recent IPOs reflects strong investor confidence in India’s economic growth story.

Notably, upcoming IPOs like National Securities Depository Limited (NSDL), valued at ₹3,500-4,000 crore, and others such as HDB Financial Services (₹12,500 crore) and JSW Cement (₹4,000 crore) are generating significant buzz. The Indian primary market is expected to raise $2.4 billion in July alone, underscoring its attractiveness to both retail and institutional investors.

How to Check Allotment Status

Investors can check the allotment status of TSC India, GNG Electronics, and Indiqube IPOs on the respective registrar’s websites, such as MUFG Intime India Pvt Ltd for Indiqube. Alternatively, they can visit the BSE or NSE websites and enter their application details to confirm their share allocation.

Outlook

The flurry of IPO activity today highlights the vibrancy of India’s capital markets, driven by diverse sectors like hospitality, electronics, infrastructure, and technology. While the market remains optimistic, investors are advised to carefully evaluate IPO prospects amid concerns about overvaluation and liquidity. For real-time updates and detailed analysis, investors can follow financial news platforms like Moneycontrol, Economic Times, or check X for the latest market chatter.

For further details on specific IPOs or to track allotment and listing updates, visit the BSE, NSE, or registrar websites. Stay tuned for more developments as India’s IPO frenzy continues to shape the market landscape!

Note: The information is based on available updates from X posts and supplemented with market insights. For precise details, investors should refer to official sources or financial platforms.