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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Ceigall India: Lowest Bidder for Punjab NHAI Project – A Strong Infra Bet?

Infrastructure company Ceigall India Ltd has emerged as the lowest bidder for a significant highway project in Punjab, awarded by the National Highways Authority of India (NHAI). The project entails constructing a six-lane greenfield bypass for southern Ludhiana, connecting NH-44.

Why Ceigall India is an Infra Stock to Watch

  1. Proven Track Record in Infrastructure Development

    • Expertise in building elevated roads, flyovers, bridges, and highways.

    • Successfully completed multiple road and structural projects across India.

    • Evolved from a small firm into a major player in the EPC (Engineering, Procurement, and Construction) industry.

  2. Recent Project Win Strengthens Order Book

    • Securing the Punjab NHAI project enhances the company’s revenue visibility.

    • Expanding presence in high-value highway infrastructure projects.

    • Strengthens credibility in the infrastructure sector.

Financial Snapshot of Ceigall India

  • Market Capitalization: ₹5,083 Cr.

  • Current Share Price: ₹292

  • 52-Week High/Low: ₹425 / ₹288

  • Stock P/E Ratio: 17.2

  • Book Value per Share: ₹96.8

  • Dividend Yield: 0.17%

  • Return on Capital Employed (ROCE): 29.8%

  • Return on Equity (ROE): 39.9%

  • Face Value: ₹5.00

Investment Rationale: Time to Accumulate?

  • Strong Fundamentals: Healthy ROE (39.9%) and ROCE (29.8%) indicate robust profitability.

  • Attractive Valuation: P/E of 17.2 suggests the stock is reasonably priced compared to peers.

  • Steady Growth: Expanding order book due to project wins like the Punjab NHAI contract.

  • Near-Term Support: Trading near its 52-week low (₹288), offering a potential buying opportunity.

Conclusion

Ceigall India’s recent NHAI project win in Punjab reinforces its position in India’s booming infrastructure sector. With strong financials and increasing project execution capabilities, this infra stock appears well-positioned for growth. Investors looking for long-term value in infrastructure should consider accumulating Ceigall India at current levels, keeping an eye on future project wins and execution efficiency.

Location:Nainital Uttarakhand ,India India

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