India's Primary Market Buzz: 9 IPOs to Raise ₹7,700 Crore Next Week

India's primary market is gearing up for a highly active period, with a significant wave of Initial Public Offerings (IPOs) scheduled to hit Dalal Street in the week starting August 10, 2026. A total of nine companies, comprising five mainboard and four Small and Medium Enterprise (SME) issues, are set to launch their public offerings, collectively aiming to raise approximately ₹7,700 crore. This robust activity is further complemented by the scheduled listings of eight companies that previously opened their IPOs last week, adding to the market's dynamism. Among the prominent mainboard IPOs, Dhoot Transmission Limited, a manufacturer of electrical and electromechanical components primarily for the automotive industry, is slated to open for subscription on August 10 and close on August 12, 2026. This issue is the largest in the upcoming tranche, targeting ₹3,066.89 crore with a price band of ₹829-₹871 per share. The company focuses on wiring harnesses, cables, connectors, and power cords for two-wheeler and three-wheeler segments, including electric vehicles. Following Dhoot Transmission, Milky Mist Dairy Food Limited, a packaged food company known for its value-added dairy products, will launch its IPO on August 11, concluding on August 13, 2026. The dairy firm aims to raise ₹1,553 crore, with its shares priced in the range of ₹133-₹140 per equity share. Milky Mist specializes in products like paneer, cheese, curd, and yogurt, rather than liquid milk, and has also diversified into ready-to-cook and ready-to-eat foods. E-commerce enablement platform Shiprocket is also set to debut, with its IPO opening on August 12 and closing on August 14, 2026. The issue size for Shiprocket is ₹1,617.48 crore, with the price band fixed at ₹92-₹97 per share. The company's offering comprises both a fresh issue and an offer for sale by existing shareholders. Another significant mainboard IPO is Molbio Diagnostics, a Goa-based point-of-care diagnostics company backed by Temasek and Motilal Oswal Private Equity. Its IPO, valued at ₹939.70 crore, will be open for subscription from August 10 to August 12, 2026, with shares priced between ₹768-₹807 apiece. The International Finance Corporation (IFC) has also invested as an anchor investor in Molbio Diagnostics. Additionally, Behari Lal Engineering, an engineering castings and alloy steel products manufacturer, will launch its IPO on August 12, seeking to raise ₹301.62 crore at a price band of ₹271-₹285 per share. The combined fundraising from these five mainboard issues alone is estimated to be around ₹7,443 to ₹7,479 crore. Beyond these mainboard offerings, the SME segment is also expected to be active, with several smaller IPOs such as Fascinate Textiles, Sham Foam, Q&T Foods, and Pramodini Medicare scheduled to open. Furthermore, the week will see the listing of shares from eight companies that concluded their IPOs in the preceding week, indicating a continuous flow of public market activity. The robust IPO pipeline for August 2026 spans diverse sectors, including auto components, diagnostics, dairy, logistics-tech, and engineering, providing a variety of investment opportunities for retail and institutional investors. Market experts suggest that this sustained pace of primary-market activity reflects high corporate confidence and a strategic move by companies to capitalize on favorable market valuations. Investors are advised to carefully evaluate the specific business risks and market dynamics associated with each offering before making investment decisions. This strong IPO momentum underscores India's buoyant financial market, with numerous companies seeking to raise capital for expansion, debt repayment, and general corporate purposes, contributing to the growth and diversification of the Indian economy.

Frequently Asked Questions

Read Full Story on Quick Digest