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News18
2 hours ago
- Business
- News18
IPO Calendar This Week: 7 New Launches, Anthem Biosciences Among 3 Listings To Watch
Last Updated: This week, IPOs launching include Shanti Gold, Patel Chem, Brigade Hotel, Indiqube Spaces, GNG Electronics, Swastika Castal, and Monarch Surveyors. Upcoming IPOs This Week: The primary market is set to be abuzz once again this week with several new mainboards and SMEs lining up for a launch. From the depository, chemical to jewelry firm, multiple companies are gearing up to open the subscription window for their public issues. Moreover, some of them will look to list on the exchanges. Shanti Gold International Ltd. IPO Shanti Gold International Ltd., a Mumbai-based manufacturer of 22kt CZ gold jewelry, will open its IPO from July 25 to July 29, 2025, with a listing planned for August 1, 2025, on BSE and NSE. Led by Choice Capital Advisors, the IPO includes a fresh issue of 1.8 crore shares, though the issue price remains unannounced. The company reported a 107.8% profit surge to Rs 55.8 crore and a 55.5% revenue increase to Rs 1,106.4 crore in FY25. Funds raised will support the establishment of a new manufacturing facility in Jaipur, bolster working capital, and repay debt. Patel Chem Specialities Ltd. IPO Patel Chem Specialities Ltd., a producer of pharmaceutical excipients and specialty chemicals, will open its BSE SME IPO from July 25 to July 29, 2025, with a listing scheduled for August 1, 2025. The IPO, managed by Cumulative Capital, offers shares at Rs 82.00 to Rs 84.00, aiming to raise Rs 58.80 crore. This SME-focused offering targets investors interested in the niche but critical chemical and pharmaceutical supply chain sector. Brigade Hotel Ventures Ltd. IPO Brigade Hotel Ventures Ltd., which operates nine hotels with 1,604 keys across cities like Bengaluru, Chennai, Kochi, Mysuru, and GIFT City, will launch its IPO from July 24 to July 28, 2025, with a listing on July 31, 2025, on BSE and NSE. Managed by JM Financial and ICICI Securities, the IPO aims to raise Rs 759.60 crore through a fresh issue. Despite a 16% revenue growth in FY25, the company's profit after tax declined by 24%. The funds will be used for capital expenditure and debt repayment, strengthening its hospitality portfolio managed by global brands like Marriott, Accor, and InterContinental. Indiqube Spaces Ltd. IPO Indiqube Spaces Ltd., a provider of tech-driven co-working and office solutions across 115 centers in 15 cities, covering 8.4 million square feet, will open its IPO from July 23 to July 25, 2025, with a listing on July 30, 2025, on BSE and NSE. Managed by ICICI Securities, the IPO is priced at Rs 225.00 to Rs 237.00, targeting ₹700 crore, including a ₹650 crore fresh issue and a Rs 50 crore Offer for Sale. The Grey Market Premium of Rs 40–Rs 41 suggests expected returns of 16–17%, with a minimum retail investment of Rs 14,175 for 63 shares. GNG Electronics Ltd. IPO GNG Electronics Ltd., a global leader in refurbishing laptops and desktops with operations in India, the USA, Europe, Africa, and the UAE, will open its IPO from July 23 to July 25, 2025, with a listing on July 30, 2025, on BSE and NSE. Managed by Motilal Oswal, the IPO is priced at Rs 225.00 to Rs 237.00, aiming to raise Rs 460.43 crore, comprising a Rs 400 crore fresh issue and a Rs 60.43 crore Offer for Sale. The funds will primarily reduce debt of Rs 320 crore and support general corporate purposes, with a strong Grey Market Premium of Rs 72 indicating positive market sentiment. SME IPOs To Open This Week: Swastika Castal Ltd. IPO Swastika Castal's BSE SME IPO is also open from July 21 to July 23, at a fixed price of Rs 65 per share, aiming to raise Rs 14.07 crore. This BSE SME IPO opens on July 22 and closes on July 24, with a price band of Rs 237–250. The issue size is Rs 93.75 crore. India's first SM REIT offering, Property Share Investment Trust, opened on Monday, July 21, and will remain open till Friday, July 25. The REIT is priced in the range of Rs 10 lakh to Rs 10.6 lakh per unit, with a total issue size of Rs 473 crore, listing on the BSE. Savy Infra & Logistics Ltd. Opening on July 21, this NSE SME IPO offers shares in a price band of Rs 114–120, with a total issue size of Rs 69.98 crore. The issue closes on July 23. Three IPO Listings to Watch This Week The IPO market continues to stay active as three companies gear up to make their stock market debut this week. From biotech to consumer and textile-related sectors, investors will witness listings across both mainboard and SME platforms. Anthem Biosciences Ltd. IPO One of the biggest IPOs of the month, Anthem Biosciences will be listed on the bourses on Monday, July 21, 2025. The issue was priced at Rs 570 per share, and raised a massive Rs 3,395.79 crore. Backed by strong fundamentals and a solid reputation in the biotech and pharmaceutical industry, the company is set to debut on both BSE and NSE. Market participants are eagerly watching its performance, as it could signal renewed investor interest in large pharma listings. Spunweb Nonwoven Ltd. IPO Joining Anthem on the same day is Spunweb Nonwoven Ltd., which is listing on the NSE SME platform on July 21, 2025. Priced at Rs 96 per share, the IPO raised Rs 60.98 crore. The company is known for manufacturing nonwoven fabrics used in hygiene, automotive, and industrial applications. With rising demand in these sectors, Spunweb's listing is expected to draw attention from SME-focused investors. Monika Alcobev Ltd. IPO top videos View all Monika Alcobev Ltd., a liquor and beverage distribution company, concluded its IPO between July 16 and July 18. Though the exact listing date is yet to be confirmed, the company is expected to list on the BSE SME platform within the current week. The issue price was set at Rs 286, and the total IPO size stood at Rs 165.63 crore. This listing is being closely followed, especially by investors looking for exposure to the premium alcobev space. Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. About the Author Varun Yadav Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian More Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. tags : Initial Public Offering IPO view comments Location : New Delhi, India, India First Published: July 20, 2025, 10:16 IST News business » markets IPO Calendar This Week: 7 New Launches, Anthem Biosciences Among 3 Listings To Watch Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Mint
3 hours ago
- Business
- Mint
Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying JSW Energy, Chalet Hotel shares tomorrow- 21 July 2025
Stock market news: Indian stock indices ended the week on a lower note on Friday, responding unfavorably to Q1FY26 earnings from the finance and IT sectors, despite some positive signals from global markets. By the end of trading, the Sensex fell by 501.51 points, or 0.61%, closing at 81,757.73, while the Nifty 50 dropped by 143.05 points, or 0.57%, to finish at 24,968.40. Throughout the week, Indian equity markets showed a mixed performance, with both the Nifty 50 Index and Sensex sliding by 1%, whereas small-cap stocks gained 1.4% and mid-caps increased by 1% in the same period. Investors are now looking forward to updates on trade negotiations with the US as the August 1 deadline approaches, following President Donald Trump's previous remarks suggesting that a deal with India is nearly finalized. Analysts predict that the markets are likely to see a significant change only after a concrete resolution is reached in the trade discussions with the US. Dharmesh Shah of ICICI Securities expects Nifty 50 to find supportive efforts in the vicinity of 24,800 zone and gradually stage a rebound wherein 25,800 would continue to act as resistance. Shah has recommended two stocks to buy for short-term. Investors should consult experts before making decisions. Here's what he expects from Indian stock market next week, along with his stock recommendation. Equity benchmarks extended losses over third consecutive week in the absence of clarity on India - US bilateral trade deal. Nifty 50 lost 0.7% to settle the week at 24968. However, broader showed resilience, outperforming by gaining 1% during the week. Sectorally, Realty, PSU Bank, Auto remained at forefront while Defence, IT extended losses. The weekly price action formed a small bear candle carrying lower high-low, indicating extended breather. In the upcoming week, volatility to remain elevated as one third of Nifty 50 weightage is coming out with the Q1 earnings post market hours on Friday along with that any development on the US bilateral trade agreement would trigger momentum in the market. With current 2.9% correction, Nifty 50 has approached lower band of rising channel. We expect index to find supportive efforts in the vicinity of 24,800 zone and gradually stage a rebound wherein 25,800 would continue to act as resistance. Despite weakness in the benchmark, the market breadth has seen improvement as currently 65% of stocks of Nifty 500 universe are trading above their 200 days SMA compared to last week's reading of 60% while last month reading was 52%. The consistent improvement in the market breadth signifies inherent strength. Structurally, since April intermediate corrections have been limited to 3% while sustaining above its 50 days EMA. In addition to that, over past 14-days index has retraced 61.80% of preceding 11-days 5% up move. Slower pace of retracement indicating robust price structure that bodes well for next leg of up move. Hence, focus should be on accumulating quality stocks on dip backed by strong earnings as strong support is placed at 24,500 being confluence of 100 days EMA and June month low. a. Earnings update from index heavy weights would be important to watch out for. b. All eyes will be on outcome of US-India bilateral trade deal. c. Falling US Dollar index would result into FII's inflow. d. India VIX has extended losses and sustaining below one year low of 12, indicating participants anxiety at lowest level. Dharmesh Shah of ICICI Securities recommends buying JSW Energy, and Chalet Hotel shares this week. 1. Buy JSW Energy shares in the range of ₹ 523- 535. He has JSW Energy share price target of ₹ 572 with a stop loss of ₹ 509. 2. Buy Chalet Hotel shares in the range of ₹ 865-890. He has Chalet Hotel share price target of ₹ 1,010 with a stop loss of ₹ 818. Disclaimer: The Research Analyst or his relatives or I-Sec do not have actual/beneficial ownership of 1% or more securities of the subject company, at the end of 18/07/2025 or have no other financial interest and do not have any material conflict of interest. The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
Economic Times
a day ago
- Business
- Economic Times
Yes Bank to announce Q1 results today. Here's what to expect
Yes Bank's Q1FY26 profit may rise up to 49% YoY, though analysts are divided on NII trends and expect muted sequential performance amid margin pressure. Synopsis Yes Bank is expected to post a mixed Q1FY26 performance, with PAT forecast to rise 7–49% YoY and NII showing flat to slight growth. Brokerages differ on outlook, citing margin pressure and weak sequential trends in key metrics. Private sector lender Yes Bank is set to announce its financial results for the quarter ended June 2025 on Saturday, with analysts expecting a mixed performance across key operational and profitability metrics. Forecasts suggest the lender's profit after tax (PAT) could rise between 7% and 49% year-on-year, while net interest income (NII) may either decline slightly or edge up modestly depending on the brokerage. ADVERTISEMENT ICICI Securities expects Yes Bank to report a 49.3% year-on-year (YoY) jump in PAT to Rs 749.90 crore, supported by a 4.8% YoY rise in NII to Rs 2,352.3 crore. The brokerage also anticipates a 22% YoY increase in pre-provisioning operating profit (PPOP) to Rs 1,079.9 crore. "From Q1FY26 perspective, we see a 10–20bps QoQ NIM decline for most of the banks while Yes Bank could see stable NIM QoQ," ICICI Securities sadi. The brokerage currently holds a 'reduce' rating on the stock. By contrast, Emkay Global Financial Services estimates the bank's NII may fall 1.7% year-on-year to Rs 2,204.8 crore, with PAT rising only 7.3% YoY to Rs 539.10 crore. Emkay expects pre-provisioning operating profit to climb 8.6% year-on-year to Rs 961.10 crore, but fall sharply by 27% on a sequential basis. The brokerage has a 'sell' rating on Yes Bank with a target price of Rs projections fall somewhere in the middle, with the brokerage forecasting PAT of Rs 630 crore, up 25% year-on-year but down 15% sequentially. Nomura sees NII declining 6% YoY to Rs 2,110 crore, and PPOP improving 9% year-on-year to around Rs 1,000 crore. Nomura maintains a 'neutral' view on the stock with a price target of Rs 18. ADVERTISEMENT In its operational update for Q1FY26, Yes Bank reported a quarter-on-quarter decline across key balance sheet lines, even as year-on-year figures reflect moderate growth from a low and advances came in at Rs 2,41,355 crore, marking a 2.0% decline from the March quarter but a 5.1% rise from a year earlier. Total deposits slipped 3.0% sequentially to Rs 2,75,921 crore, though they were 4.1% higher on a year-on-year basis. ADVERTISEMENT CASA deposits, often viewed as a bellwether of stable, low-cost funding, fell 7.3% quarter-on-quarter to Rs 90,347 crore, while rising 10.8% on a year-on-year basis. The CASA ratio dropped to 32.7% from 34.3% in the previous quarter, but remains above the 30.8% level recorded a year bank's credit-to-deposit ratio rose slightly to 87.5% from 86.5%, suggesting higher credit deployment. Liquidity metrics improved, with the Liquidity Coverage Ratio (LCR) strengthening to 135.7% from 125.0% in Q4FY25, indicating greater short-term resilience. ADVERTISEMENT Commenting on the broader expectations, Smit Dasani, Research Analyst at INVasset PMS, said Yes Bank heads into its Q1 FY26 results tomorrow with early indicators showing mixed trends across its balance sheet.'Profitability and asset quality will dominate investor attention tomorrow. Analysts estimate PAT growth in the mid-teens, assuming a steady net interest margin of around 3.3–3.4%. Non-interest income should get a boost from treasury gains and fee income initiatives. While the gross NPA ratio hovers near 2%, sequential depreciation is unlikely. However, provisioning could rise further, following a sharp rise in Q4, and tax costs may slightly compress earnings. Capital buffers remain solid, with CAR north of 17%,' said Dasani. ADVERTISEMENT Also read | Yes Bank shares slip after mixed Q1FY26 operational update (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? 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Time of India
a day ago
- Business
- Time of India
Yes Bank to announce Q1 results today. Here's what to expect
Private sector lender Yes Bank is set to announce its financial results for the quarter ended June 2025 on Saturday, with analysts expecting a mixed performance across key operational and profitability metrics. Forecasts suggest the lender's profit after tax (PAT) could rise between 7% and 49% year-on-year, while net interest income (NII) may either decline slightly or edge up modestly depending on the brokerage. Street forecasts diverge on PAT and NII growth Explore courses from Top Institutes in Select a Course Category others MCA Finance MBA Design Thinking Artificial Intelligence Leadership Data Science Cybersecurity Product Management Public Policy PGDM Operations Management Healthcare Management Data Analytics Technology Digital Marketing healthcare Data Science Degree CXO Project Management Others Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT - ISB Cybersecurity for Leaders Program India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Most Beautiful Women In The World Undo ICICI Securities expects Yes Bank to report a 49.3% year-on-year (YoY) jump in PAT to Rs 749.90 crore, supported by a 4.8% YoY rise in NII to Rs 2,352.3 crore. The brokerage also anticipates a 22% YoY increase in pre-provisioning operating profit (PPOP) to Rs 1,079.9 crore. "From Q1FY26 perspective, we see a 10–20bps QoQ NIM decline for most of the banks while Yes Bank could see stable NIM QoQ," ICICI Securities sadi. The brokerage currently holds a 'reduce' rating on the stock. By contrast, Emkay Global Financial Services estimates the bank's NII may fall 1.7% year-on-year to Rs 2,204.8 crore, with PAT rising only 7.3% YoY to Rs 539.10 crore. Emkay expects pre-provisioning operating profit to climb 8.6% year-on-year to Rs 961.10 crore, but fall sharply by 27% on a sequential basis. The brokerage has a 'sell' rating on Yes Bank with a target price of Rs 16. Live Events Nomura's projections fall somewhere in the middle, with the brokerage forecasting PAT of Rs 630 crore, up 25% year-on-year but down 15% sequentially. Nomura sees NII declining 6% YoY to Rs 2,110 crore, and PPOP improving 9% year-on-year to around Rs 1,000 crore. Nomura maintains a 'neutral' view on the stock with a price target of Rs 18. Loan growth steady, but near-term deposit pressure visible In its operational update for Q1FY26, Yes Bank reported a quarter-on-quarter decline across key balance sheet lines, even as year-on-year figures reflect moderate growth from a low base. Loans and advances came in at Rs 2,41,355 crore, marking a 2.0% decline from the March quarter but a 5.1% rise from a year earlier. Total deposits slipped 3.0% sequentially to Rs 2,75,921 crore, though they were 4.1% higher on a year-on-year basis. CASA deposits, often viewed as a bellwether of stable, low-cost funding, fell 7.3% quarter-on-quarter to Rs 90,347 crore, while rising 10.8% on a year-on-year basis. The CASA ratio dropped to 32.7% from 34.3% in the previous quarter, but remains above the 30.8% level recorded a year ago. The bank's credit-to-deposit ratio rose slightly to 87.5% from 86.5%, suggesting higher credit deployment. Liquidity metrics improved, with the Liquidity Coverage Ratio (LCR) strengthening to 135.7% from 125.0% in Q4FY25, indicating greater short-term resilience. Profitability, asset quality in investor spotlight Commenting on the broader expectations, Smit Dasani, Research Analyst at INVasset PMS, said Yes Bank heads into its Q1 FY26 results tomorrow with early indicators showing mixed trends across its balance sheet. 'Profitability and asset quality will dominate investor attention tomorrow. Analysts estimate PAT growth in the mid-teens, assuming a steady net interest margin of around 3.3–3.4%. Non-interest income should get a boost from treasury gains and fee income initiatives. While the gross NPA ratio hovers near 2%, sequential depreciation is unlikely. However, provisioning could rise further, following a sharp rise in Q4, and tax costs may slightly compress earnings. Capital buffers remain solid, with CAR north of 17%,' said Dasani. Also read | Yes Bank shares slip after mixed Q1FY26 operational update ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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Business Standard
2 days ago
- Business
- Business Standard
Indian Hotels, ITC rally upto 3% in weak market; brokerages see more upside
Hotel companies' share price today: Shares of hotel companies are trading firm on the BSE in Friday's intra-day trade in an otherwise weak market after reporting strong earnings for the quarter ended June 2025 (Q1F26). This is despite a weak May 2025, which witnessed a 1 per cent dip in the room demand due to geopolitical uncertainties. However, a strong recovery was witnessed in June 2025. Shares of ITC Hotels hit a new high of ₹250.45, surging 3.5 per cent on the BSE in intra-day trade amid heavy volumes. The stock is trading higher for the third straight day, soaring 10 per cent after announcing Q1 results. Shares of Indian Hotels Company were up nearly 2 per cent to ₹767.85 in intra-day trade. Chalet Hotels and Ventive Hospitality were trading higher by 1 per cent each. In comparison, the BSE Sensex was down 0.64 per cent at 81,735 at 11:55 AM. Indian hotel sector outlook The Indian Hotel Industry is poised to grow with significant tailwinds as moderating inflation and tax incentives provided by the government will maintain the higher spending toward discretionary and luxury categories/services. Equal weighted hotel index is forming higher peaks and troughs, indicating elevated buying demand despite geopolitical volatility, indicating inherent strength, according to analysts at ICICI Securities. Demand for luxury hotels will continue in India with strong demand from domestic leisure travel and higher demand from improving foreign tourist arrivals. Hence, the brokerage firm expects revenue per available room (RevPar) will maintain double-digit growth momentum in H2FY26, with the occupancy ratio expected to improve by 100-200bps while average room rate (ARR) is expected to grow by 8-10 per cent. According to ITC Hotels, a favourable demographic profile, steady domestic demand and rising consumption levels augur well for the hospitality industry in India. Aggregate room demand in India is expected to grow ahead of supply over the next few years. Further, the Government's push for growth in foreign tourist arrivals is expected to continue fueling growth in the Indian Hospitality industry, the company said. Strong demand from domestic leisure travellers, a steady recovery in foreign tourist arrivals (FTAs) and a resurgence in corporate travel are expected to keep hotel occupancy levels elevated, thereby supporting sustained growth in average room rates over the medium term, Chalet Hotels said. Brokerages' view on hotel stocks Analysts at ICICI Securities have a 'buy' rating on Chalet Hotels with a target price of ₹1,010 per share. A prudent room expansion plan and strong industry tailwinds will help Chalet to maintain the strong growth momentum with revenues and profit after tax (PAT) expected to grow at a CAGR of 22 per cent and 23 per cent over FY25-27. The brokerage firm also recommended a 'buy' rating on ITC Hotels with a price target of ₹282 per share. ITC Hotels registered resilient performance in Q1FY26 despite a temporary pause in May 2025. The outlook continues to remain strong for Indian Hotels, led by healthy traction in both the core business as well as new and reimagined businesses. Motilal Oswal Financial Services expects the strong momentum to continue in the medium term, led by a strong room addition pipeline and continued favourable demand-supply dynamics 'We broadly maintain our FY26/FY27 Ebitda estimates and reiterate Buy with our SoTP-based target price of ₹900," the brokerage firm said in the result update.
