Upcoming IPOs – July 2025: Smartworks, Spunweb, Anthem & Monika Alcobev
The IPO market is heating up in July 2025 with four key offerings hitting the charts. Here’s a detailed roundup covering Smartworks Coworking, Spunweb Nonwoven, Anthem Biosciences, and Monika Alcobev. This article explores their subscription windows, price bands, issue sizes, business models, financials and investor takeaways.
1. Smartworks Coworking Spaces Ltd
IPO Overview
- Subscription Period: 10th–14th July
- Price Band: ₹387–₹407/share 3
- Lot Size: 36 shares
- Issue Size: ₹582.56 Cr 4
- Listing Date: 17th July
Smartworks operates premium coworking centres across India. Their IPO offers investors exposure to the booming flexible workplace sector, currently servicing major enterprises. Early subscriptions show good interest.
2. Spunweb Nonwoven Ltd (SME IPO)
IPO Overview
- Subscription Period: 14th–16th July
- Price Band: ₹90–₹96/share
- Lot Size: Minimum 2,400 shares 5
- Issue Size: ~₹58–60 Cr fresh issue 6
The SME IPO funds expansion of nonwoven fabric production—used in hygiene, medical and agriculture sectors. With ₹29 Cr for working capital and ₹8 Cr for loan repayment, it's a strong play in simplified supply chain industries.
3. Anthem Biosciences Ltd
IPO Overview
- Subscription Period: 14th–16th July
- Price Band: ₹540–₹570/share 7
- Issue Type: OFS only, ₹3,395 Cr 8
- Listing Market Cap: ₹32,012 Cr post-listing 9
Anthem operates as a **CRDMO**—supporting drug discovery to manufacturing. With nearly 84% of revenue from exports and FY25 revenue doubling to ₹1,845 Cr from ₹1,057 Cr in FY23, Anthem is a leading player in the high-growth pharma outsourcing sector 10.
**Key Strengths:** End-to-end services, high EBIT margin (~31‑32%), strong ROE ~21%
4. Monika Alcobev Ltd (SME IPO)
IPO Overview
- Subscription Period: 16th–18th July 11
- Price Band: ₹271–₹286/share 12
- Lot Size: 400 shares (~₹1.14 Lakh) 13
- Issue Size: ₹165.6 Cr (Fresh ₹137 Cr + OFS ₹28.6 Cr) 14
- Listing Date: 23rd July on BSE‑SME 15
Monika Alcobev imports and distributes premium liquor brands—José Cuervo, Rémy Martin, Bushmills, etc.—pan-India and neighboring countries 16.
**FY25 Highlights:** Revenue ₹236 Cr (+24.8%), Profit ₹23.1 Cr (+39%) 17
Proceeds will fund working capital (₹100.6 Cr), debt repayment (₹11.45 Cr) and general purposes 18.
🗓️ Quick IPO Timeline
| Company | Subscription Dates | Price Band | Lot Size | Listing Date |
|---|---|---|---|---|
| Smartworks | 10–14 Jul | ₹387‑407 | 36 shs | 17 Jul |
| Spunweb | 14–16 Jul | ₹90‑96 | 2,400 shs | — |
| Anthem Biosciences | 14–16 Jul | ₹540‑570 | OFS only | — |
| Monika Alcobev | 16–18 Jul | ₹271‑286 | 400 shs | 23 Jul |
Why Investors Should Pay Attention
- Diverse sectors: coworking, healthcare fabrics, pharma manufacturing, luxury liquor.
- Mixed issue types: from SME & Mainboard to large OFS.
- Strong growth: Anthem's revenues doubled, Monika saw nearly 40% PAT growth.
- Balanced risk: price bands are moderate, lots accessible for retail investors.
🔑 Investor Checklist
- Open a **Demat & UPI account** early for application.
- Monitor **subscription trends**: GMP & subscription ratio give early market sentiment.
- Track **listing dates & post-listing movement**.
- Focus on **business fundamentals** – especially revenue growth and debt levels.
Conclusion
July 2025 offers a rich canvas of IPOs—from large Mainboard OFS to SME growth stories. Whether you're targeting growth, diversification or retail investment opportunities—this slate has something for everyone. Keep an eye on allotment statuses and listing performance. Don’t miss out on these July listings!
