Primary Market Regains Momentum as Five Mainboard IPOs Led by Milky Mist and Shiprocket Prepare to OpenMarket
29 Oct 2026, 8:05 am (4 min ago)· 1

Primary Market Regains Momentum as Five Mainboard IPOs Led by Milky Mist and Shiprocket Prepare to Open

Five mainboard issues, four SME offerings, and eight stock market listings will keep primary market investors active between August 10 and August 14.

Activity across the Indian primary market is set to accelerate sharply in the coming trading sessions after a relatively subdued beginning to the year. Market participation on Dalal Street has rebounded strongly, with more than 80 initial public offerings already launched during 2026. Between August 10 and August 14, five mainboard public issues are scheduled to open for subscription, giving retail and institutional investors a diverse array of fresh opportunities. The companies lined up for these offerings include Shiprocket, Milky Mist, Molbio Diagnostics, Dhoot Transmission, and Behari Lal Engineering.

This surge in issuance follows a week of consolidation across domestic benchmark equity indices. The Nifty 50 settled virtually unchanged with a slight gain of 0.08 percent to finish at 24,570.65 points, while the BSE Sensex closed 161 points lower at 78,499.17 points. As the secondary market pauses after recent movements, attention is shifting toward the pipeline of capital-raising exercises.

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Milky Mist Dairy Food Launches Public Offer

Dairy products manufacturer Milky Mist Dairy Food has structured a book-built public offering totaling Rs 1,553 crore. The issue features two clear components: a fresh capital raise comprising 10.2 crore new equity shares valued at Rs 1,428 crore, and an offer for sale (OFS) of 0.89 crore shares worth Rs 125 crore by existing holders.

Bidding for the Milky Mist Dairy Food issue will commence on August 11, 2026, and conclude on August 13, 2026. The basis of share allotment is expected to be finalized on August 14, setting the stage for a prospective market debut on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on August 18, 2026. The price band has been established between Rs 133 and Rs 140 per share, with an application lot size pegged at 107 equity shares.

Shiprocket and Major Mainboard Offerings

Tech logistics platform Shiprocket will launch its Rs 1,617.48 crore public offering on August 12, running through August 14. The issue structure includes a fresh issuance of 9.13 crore equity shares (91.3 million shares) valued at Rs 885.5 crore (Rs 885 crore), alongside an offer for sale comprising 7.55 crore shares (75.46 million shares) amounting to Rs 731.98 crore.

Joining the weekly line-up is an even larger capital issuance structured as a Rs 3,066.89 crore book-built offering. This particular issue combines a fresh issue of 1.61 crore shares seeking to generate Rs 1,400 crore of growth capital, accompanied by an offer for sale component consisting of 1.91 crore shares totaling Rs 1,666.89 crore.

Dhoot Transmission and Behari Lal Engineering Details

Automotive wiring and components supplier Dhoot Transmission is scheduled to open its doors to prospective investors from August 10, 2026, to August 12, 2026. Share allocation will likely be completed by August 13, leading toward a tentative stock exchange listing on August 17. The promoters have pegged the price band between Rs 829 and Rs 871 per share.

Engineering firm Behari Lal Engineering has set August 12 as the opening date for its Rs 301.62 crore book-built public issue, which will run until August 14. This offering contains a fresh issue component of 3.26 million shares worth Rs 93 crore, together with an OFS of 7.32 million shares worth Rs 208.62 crore. Shares will be offered within a price bracket of Rs 271 to Rs 285 per share. Capital market operations for this issue are handled by Emkay Global Financial Services Limited as the book-running lead manager, while MUFG Intime Private serves as the registrar.

Molbio Diagnostics and the SME Pipeline

The fifth mainboard contender is Goa-based medical diagnostics provider Molbio Diagnostics Limited. The company has assembled a book-built offering worth Rs 939 crore. This includes a fresh capital tranche of 0.25 crore shares worth Rs 200 crore and an OFS block of 0.92 crore shares valued at Rs 739.7 crore. Subscriptions for Molbio Diagnostics open on August 10 and close on August 12. Allotment completion is projected for August 12, with a tentative exchange debut marked down for August 17, 2026.

Parallel to the five mainboard offerings, the SME exchange platforms are preparing to host four new public issues during the same week. Sham Foam and Fascinate Textiles will both start accepting bids on August 11, Q&T Foods is scheduled to open on August 12, and Pramodini Medicare will follow on August 14.

Eight Stock Listings to Track

Market watchers will also have their eyes trained on secondary market debuts, as eight newly public companies list their shares during the week. The roster of upcoming listings includes Ardee Industries, Technocraft Venture, Leap India, Anwil Wire & Engineering, Aegus Technologies, GV Electricals, LAPL Automotive, and Optimystix Entertainment. Analysts will evaluate these debuts closely to assess whether primary market demand translates into resilient listing-day valuations.

Questions & Answers

How many mainboard IPOs are scheduled to open this week?
Five mainboard IPOs are opening between August 10 and August 14: Milky Mist, Shiprocket, Molbio Diagnostics, Dhoot Transmission, and Behari Lal Engineering.
What are the subscription dates and price band for Milky Mist Dairy Food?
The issue will accept bids from August 11 to August 13, 2026, with an established price band of Rs 133 to Rs 140 per equity share.
What is the total issue size of the Shiprocket IPO?
Shiprocket is offering an issue worth Rs 1,617.48 crore, comprising a Rs 885.5 crore fresh issue and a Rs 731.98 crore offer for sale.
Which SME offerings are launching during the week?
Four SME public issues are slated to open: Sham Foam, Fascinate Textiles, Q&T Foods, and Pramodini Medicare.
How many companies will see their shares listed on stock exchanges this week?
Eight companies will debut on the exchanges, including Ardee Industries, Technocraft Venture, Leap India, Anwil Wire & Engineering, Aegus Technologies, GV Electricals, LAPL Automotive, and Optimystix Entertainment.

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