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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AZAD Engineering Secures Landmark €90.1 Million Contract with Siemens Energy

 


Azad Engineering, a premier manufacturer of high-precision components, has solidified its position as a key player in the global energy sector by signing a long-term Contract & Price Agreement with Siemens Energy Global GmbH & Co. KG. This strategic partnership entails the manufacturing and supply of mission-critical components, including combustion commodities, cold blades & vanes, machined parts, and assemblies.

A Significant Milestone in Azad’s Growth

The current phase of the contract is valued at €90.1 million (INR 811 Cr) and spans six years, further cementing Azad Engineering's role as a trusted supplier of high-performance turbine components. This agreement strengthens the company’s longstanding collaboration with Siemens Energy and underscores its expertise in producing cutting-edge components for essential industries.

Financial Highlights & Market Position

Azad Engineering’s impressive financial standing further validates its growth trajectory and industry credibility:

  • Market Capitalization: ₹8,390 Cr.

  • Current Price: ₹1,420

  • 52-Week High/Low: ₹2,080 / ₹891

  • Stock P/E: 120

  • Book Value: ₹116

  • Dividend Yield: 0.00%

  • Return on Capital Employed (ROCE): 19.9%

  • Return on Equity (ROE): 12.1%

  • Face Value: ₹2.00

Strengthening the Global Supply Chain

With this new contract, Azad Engineering further establishes itself as a leading precision engineering company, supporting advanced turbine systems that power critical global industries. The collaboration with Siemens Energy reflects Azad’s commitment to innovation, excellence, and supply chain reliability, positioning it among the most valued suppliers in the energy sector.

As the company continues to expand its global footprint, investors and industry stakeholders are keenly watching Azad Engineering’s next growth phase, fueled by strategic partnerships and technological advancements.

Stay tuned for more updates on Azad Engineering’s journey in shaping the future of energy solutions.

Location:Nainital Uttarakhand ,India India

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