📢 IPO Watch – Open for Subscription (July 23–25)
Stay ahead of the curve with these promising public offerings:
🔹 Indiqube Spaces Ltd.
🏢 Sector: Managed Workspace Solutions
💼 About: Tech-driven office spaces for modern businesses
💰 Issue Size: ₹700 Cr (Fresh + OFS)
💸 Price Band: ₹225–₹237
📅 Listing: July 30 on BSE & NSE
🎯 Use of Funds: Expansion, debt repayment, corporate purposes
🔹 GNG Electronics Ltd.
💻 Sector: Refurbished Electronics
💼 About: India’s largest Microsoft-authorised refurbisher
💰 Issue Size: ₹460.43 Cr (Fresh + OFS)
💸 Price Band: ₹225–₹237
📈 GMP: ~₹105 (≈44% premium)
📅 Listing: July 30 on BSE & NSE
🎯 Use of Funds: Debt reduction, working capital, expansion
🔹 Brigade Hotel Ventures Ltd. (Opens July 24)
🏨 Sector: Hospitality (Hotels under Marriott, Accor, IHG)
💼 About: 2nd-largest hotel owner in South India
💰 Issue Size: ₹759.6 Cr (Fresh Issue)
💸 Price Band: ₹85–₹90
📅 Listing: Expected July 30
🎯 Use of Funds: Debt repayment, land acquisition, strategic growth
📌 All IPOs close on July 25 (except Brigade, which closes July 28).
📊 Minimum lot size: 63 shares (₹14,175 approx.)
💡 Tip: Always review the DRHP and consult your advisor before investing