Upcoming IPOs: Milky Mist Dairy Food, Dhoot Transmission, Molbio Diagnostics & 5 Others Set to Open Next Week; 8 Listings Scheduled

The Indian primary market is gearing up for a busy week ahead. Multiple mainboard and SME issues are scheduled to open for subscription between August 10 and 14, 2026, while several companies are expected to make their stock market debut. Here is a complete look at the key IPOs opening next week and the listings lined up. Mainboard IPOs Opening Next Week 1. Dhoot Transmission The largest issue of the week, Dhoot Transmission aims to raise approximately ₹3,067 crore. The price band is set at ₹829–871 per share. Bidding opens on August 10 and closes on August 12. The issue includes a fresh component of ₹1,400 crore and an offer for sale of about ₹1,667 crore. Minimum lot size is 17 shares (around ₹14,807 at the upper end). Listing is tentatively scheduled for August 17. 2. Molbio Diagnostics Molbio Diagnostics will open on August 10 and close on August 12. The issue size is around ₹940 crore (₹200 crore fresh issue + ₹740 crore OFS). Price band: ₹768–807. Lot size is 18 shares (mi...
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Why Hariom Pipe Industries is a Stock to Watch at Current Prices

 


For investors eyeing opportunities in the steel sector, Hariom Pipe Industries Limited stands out as a noteworthy contender. With its headquarters in Hyderabad, this integrated steel manufacturer has established a robust presence in the South Indian market, offering a wide range of products that cater to diverse industrial applications.

Current Market Position

As of now, Hariom Pipe Industries boasts a market capitalization of ₹1,752 crore, with its shares priced at ₹566. The stock has experienced notable fluctuations, with a recent high of ₹889 and a low of ₹440. This volatility presents a favorable entry point for investors looking to capitalize on potential upside.

The company’s Price-to-Earnings (P/E) ratio is 29.3, reflecting market optimism about its future growth prospects while remaining reasonable for a company in this sector.

Financial Health and Metrics

Hariom Pipe Industries showcases a book value of ₹178, providing a solid asset base for shareholders. While the dividend yield of 0.11% may seem modest, it reflects the company's focus on reinvesting profits to fuel growth and innovation.

Key financial metrics highlight the company’s efficiency:

  • Return on Capital Employed (ROCE): 15.0%
  • Return on Equity (ROE): 14.3%

These figures indicate that Hariom is effectively managing its capital and generating satisfactory returns, making it a potentially attractive investment.

Diverse Product Offerings

Hariom Pipe Industries has a well-rounded product portfolio, which includes:

  • Mild Steel (MS) Billets
  • Pipes and Tubes
  • Hot Rolled (HR) Coils
  • Scaffolding Systems

This diversity allows the company to serve multiple sectors, such as construction, manufacturing, and infrastructure, reducing its reliance on any single market segment and mitigating risks.

Growth Opportunities

The Indian steel industry is poised for growth, driven by increased infrastructure development and urbanization. Hariom Pipe Industries is well-positioned to benefit from these trends, given its strategic foothold in the South Indian market. The company’s integrated approach to manufacturing not only enhances efficiency but also helps in maintaining competitive pricing, which is critical in the steel industry.

Conclusion

At a current price of ₹566, Hariom Pipe Industries Limited presents a compelling investment opportunity. With solid financial performance, a diverse product lineup, and a strategic market presence, the company is well-equipped to capitalize on the anticipated growth in the steel sector. For investors seeking stocks with growth potential and strong fundamentals, Hariom Pipe should be on your radar as a valuable addition to your investment portfolio.

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