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Five Mainboard IPOs to Raise Rs 7,500 Crore Next Week, Three Debuts Expected

· · 3 min read

India's primary market will see five major mainboard IPOs launch next week, aiming to collectively raise nearly Rs 7,500 crore. These include offerings from Dhoot Transmission and Molbio Diagnostics, alongside three other companies making their stock market debuts.

The Indian primary market is poised for significant activity next week, beginning August 10, 2026, with five new mainboard Initial Public Offerings (IPOs) scheduled to open for subscription. These issues are collectively targeting approximately Rs 7,500 crore from investors, indicating continued robust interest in new listings.

Major IPOs Set to Launch

Among the prominent companies launching their IPOs are Dhoot Transmission, Molbio Diagnostics, Milky Mist Dairy Food, Shiprocket, and Behari Lal Engineering. Siddhartha Khemka, Head of Research at Motilal Oswal Financial Services, highlighted the expected strong activity.

  • Dhoot Transmission: This is the largest of the five, aiming to raise Rs 3,067 crore. Shares will be offered in a price band of Rs 829-871 apiece, with a lot size of 17 equity shares. The IPO opens on Monday, August 10, and is expected to list on Monday, August 17.
  • Molbio Diagnostics: Looking to raise Rs 940 crore, Molbio Diagnostics will offer shares at Rs 768-807 apiece, with a lot size of 18 equity shares. It also opens on Monday, August 10, with a listing anticipated for Monday, August 17.
  • Milky Mist Dairy Food: This dairy producer plans to raise Rs 1,553 crore. Its shares will be available in the price band of Rs 133-140 apiece, with a lot size of 107 equity shares. The IPO opens on Tuesday, August 11, and is slated for listing on Tuesday, August 18.
  • Shiprocket: The logistics platform seeks to raise Rs 1,617 crore through its IPO, with a price band of Rs 92-97 apiece and a lot size of 154 shares. Subscription begins on Wednesday, August 12, and listing is expected on Wednesday, August 19.
  • Behari Lal Engineering: This issue aims for Rs 302 crore, with shares priced between Rs 271-285 apiece and a lot size of 52 equity shares. It also opens on Wednesday, August 12, and is scheduled to list on Wednesday, August 19.

Upcoming Debuts and Closures

In addition to the new offerings, the market will also see the culmination of some ongoing IPOs and a new market debut:

  • The IPOs of Technocraft Ventures (Rs 252 crore, subscribed 2.59x) and LEAP India (Rs 2,480 crore, subscribed 26%) will both close for subscription on Tuesday, August 11. Both are expected to debut on the exchanges on Thursday, August 13.
  • Ardee Industries, which saw its IPO subscribed 139 times between August 5-7, will make its stock market debut on Wednesday, August 12. Its shares were priced at Rs 50-53 apiece.

Expert Insights on Market Trends

Analysts emphasize a growing focus on fundamental aspects by investors. Karan Marwah, Partner and CFO Advisory Leader at Grant Thornton Bharat, noted that companies preparing to list should prioritize business quality, valuation, governance, and growth visibility. Arun Poddar, CEO at Choice International, echoed this sentiment, stating, "Investor focus is increasingly shifting towards scale, profitability and governance." He added that while valuations at the top are often justified, "the froth sits in thin, mid-cap issues." Poddar suggests watching financial services, profitable consumer-tech, and logistics sectors over the next year.

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