Upcoming IPOs this week: Anthem Biosciences, Spunweb Nonwoven, Monika Alcobev issues to open; 4 listings scheduled; check list

Upcoming IPOs this week: A total of three initial public offerings will open for subscription in the week starting July 14. This includes a mainboard issue of Anthem Biosciences and SME IPOs of Spunweb Nonwoven and Monika Alcobev.

Stock listings that are scheduled for this week include Travel Food Services (July 14), Chemkart India (July 14), Smarten Power Systems (July 14) and Glen Industries (July 15).

Anthem Biosciences IPO

Since the IPO is entirely an OFS, the firm will not get any funds from the issue.

Anthem is an innovation and technology-orientated contract research, development and manufacturing organisation (CRDMO), specialising across drug discovery, development and manufacturing.

The company's revenue climbed 30% to ₹1,844 crore in the financial year 2024-25 as against ₹1,419 crore in the previous fiscal. The net profit stood at ₹451 crore, reflecting a jump of 23% over FY24.

JM Financial, JP Morgan India, Nomura Financial Advisory and Securities (India), and Citigroup Global Markets India are the IPO's book-running lead managers, while KFin Technologies is the registrar for the issue.

Spunweb Nonwoven IPO

Spunweb Nonwoven's ₹60.98 crore initial share sale, with a price band of ₹90-₹96 per share, is solely a fresh issuance of 63.52 lakh shares. The issue will be live from July 14 to July 16.

The capital raised will be used for working capital requirements, invest in wholly-owned subsidiary SIPL, repay debt and l corporate purposes.

For individual investors, the minimum investment is two lots or 2,400 shares.

Spunweb Nonwoven makes polypropylene spunbond nonwoven fabrics, mainly used in industries like packaging, hygiene, healthcare, agriculture and others.

Monika Alcobev IPO

The ₹153.68 crore offer of Monika Alcobev Ltd will open on July 16. The issue will conclude on July 18. The price band has been fixed at ₹271 to ₹286 per share. The least investment for individual investors is 800 shares.

The IPO is a mix of new equity shares aggregating to ₹153.68 crore and OFS of ₹28.60 crore.

The money generated will be used for working capital requirements and repayment of certain borrowings. A part will also be used for general corporate purposes.

Monika Alcobev specialises in importing, sales, distribution and marketing of premium and luxury alcoholic beverages.