Upcoming IPOs and Their GMP: 7 IPOs to Watch from Last Week of July to First Week of August 2025

28 July 2025

A number of companies are launching their Initial Public Offerings (IPOs) in the last week of July and the first week of August 2025. An IPO is when a private company offers its shares to the public for the first time. It’s like opening a company to the public so that normal people can buy a part of it.

Let’s understand each company’s IPO, along with their Grey Market Premium (GMP). GMP shows how much more people are ready to pay for a share even before it is listed on the stock market. A high GMP usually means people are expecting the share to perform well.

Summary Table and Key Highlights

1. Brigade Hotel Ventures

• IPO Dates: 24 to 28 July 2025

• GMP: 1% (very low)

• About the Company:
  Brigade Hotel Ventures is part of the famous Brigade Group which works mainly in real estate. This branch focuses on hotel and hospitality services, such as running star-rated hotels in India.

• Financial Status:
  The company has moderate revenues but not very high profits. It is still growing and expanding its hotels in different cities. Revenue was around ₹120 crore last year.

• Market Cap (expected): Around ₹700 crore.

• Should You Invest?
  Because the GMP is only 1%, people in the market are not expecting high listing gains. You can invest only if you believe in the long-term hotel industry growth.

2. Shanti Gold

• IPO Dates: 25 to 29 July 2025

• GMP: 18%

• About the Company:
  Shanti Gold is a well-known player in the gold jewelry market. It designs, manufactures, and sells gold ornaments mainly in Gujarat and Maharashtra.

• Financial Status:
  The company earned ₹500 crore in revenue last year and had a profit of ₹40 crore. It’s a profitable company with strong sales.

• Market Cap (expected): ₹1200 crore

• Should You Invest?
  With 18% GMP, it shows good market interest. If you believe gold jewelry will continue to do well in India, this might be a good investment.

3. NSDL (National Securities Depository Limited)

• IPO Dates: 30 July to 01 August 2025

• GMP: 17%

• About the Company:
  NSDL is a very important part of the stock market system. It helps store and manage shares in digital format, just like a bank stores money. It is one of only two depositories in India.

• Financial Status:
  NSDL is a profitable and safe company. It had a revenue of ₹450 crore and profits around ₹170 crore last year.

• Market Cap (expected): ₹5000 crore

• Should You Invest?
  Since this company is a key part of India’s stock system, it is trusted by many. 17% GMP shows there’s decent excitement for it.

4. Laxmi India Finance

• IPO Dates: 29 to 31 July 2025

• GMP: 8%

• About the Company:
  Laxmi India Finance is a non-banking financial company (NBFC) that offers loans to small businesses and individuals in Rajasthan and nearby states.

• Financial Status:
  It had a revenue of ₹180 crore and a profit of ₹20 crore last year. The company is doing okay, but competition is tough.

• Market Cap (expected): ₹900 crore

• Should You Invest?
  The 8% GMP is low, but steady. It may not give big gains on listing but could be stable in the long term.

5. Aditya Infotech

• IPO Dates: 29 to 31 July 2025

• GMP: 30% (highest in this list)

• About the Company:
  Aditya Infotech is an IT and software development company. It provides software services to government and private firms across India.

• Financial Status:
  Revenue crossed ₹600 crore last year and the company made ₹90 crore in profits. It’s a fast-growing IT company.

• Market Cap (expected): ₹1800 crore

• Should You Invest?
  With a high 30% GMP, this IPO looks attractive. Investors seem confident that the stock will list at a good premium.

6. Sri Lotus Developers

• IPO Dates: 30 July to 01 August 2025

• GMP: 21%

• About the Company:
  Sri Lotus Developers works in real estate and construction. They mainly build affordable housing projects in South India.

• Financial Status:
  The company had revenue of ₹250 crore and profit of ₹30 crore in FY 2024-25.

• Market Cap (expected): ₹1000 crore

• Should You Invest?
  With a 21% GMP, many investors expect a decent return. If real estate demand continues, this could be a good bet.

7. M&B Engineering

• IPO Dates: 30 July to 01 August 2025

• GMP: 8%

• About the Company:
  M&B Engineering provides machinery and tools for the automobile and rail industry. It also exports its products to other countries.

• Financial Status:
  The company earned ₹400 crore revenue and made ₹35 crore profit last year.

• Market Cap (expected): ₹850 crore

• Should You Invest?
  The GMP is 8%, so expectations are modest. This is more of a long-term investment choice rather than quick listing gains.

Possible Benefits of Investing in These IPOs

If you invest in a company’s IPO and the listing price is higher than the offer price, you can make quick profits on the first day. This is called a “listing gain.” For example, if the offer price of a share is ₹100 and the GMP is 20%, people expect it to list at around ₹120.

Some IPOs, like Aditya Infotech and Sri Lotus Developers, show strong GMP and good company performance. These might offer good gains on listing day.

Also, investing in a good company early can help you grow your money in the long run. Some past IPOs like IRCTC, Dmart, and Zomato gave big returns to early investors.

Competition

These companies face competition in their sectors:

• Brigade Hotel Ventures competes with hotel chains like Indian Hotels, Lemon Tree, Marriott.
• Shanti Gold faces local jewelers and national brands like Tanishq, Kalyan.
• NSDL has only one big competitor i.e. CDSL.
• Laxmi India Finance competes with many NBFCs like Muthoot, Manappuram, and local cooperatives.
• Aditya Infotech faces competition from big IT firms like Infosys, TCS, and startups.
• Sri Lotus Developers faces tough competition from many real estate players like Sobha, Prestige, and local builders.
• M&B Engineering has to compete with companies from Indian engineering firms, as well as imports from China and Europe, are key rivals.

General Notes & Risk

• Grey Market Premium (GMP) shows what people are willing to pay before IPO listing. It gives an idea of investor interest but does not guarantee listing gains.

• GMP Can Change: GMP is unofficial and volatile. Positive sentiment can vanish quickly.

• Company Financials: All data is based on public filings. Some companies provide detailed financials; others may share only summaries.

• Competition Risk: Every IPO company listed here operates in competitive sectors. Performance depends on market demand, econoamic cycles, and company strategy.

• Advisory: Always read the Red Herring Prospectus (RHP) and consult a SEBI-registered financial advisor before investing.

Disclaimer

This news article is for educational purposes only. The Grey Market Premium (GMP) is based on market rumors and can change at any time. Please do your own research or speak to a financial advisor before investing in any IPO.

Source: Groww App, Company Filings