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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₹1,300+ Crore Order Surpasses Market Cap – A Stock to Watch!

 


A promising player in the renewable energy sector has made headlines with massive new orders that exceed its market capitalization, making it a compelling stock for investors to monitor. The company has recently signed a ₹1,300 crore MoU with the Government of Madhya Pradesh and secured a significant contract for grid-connected solar power plants

Teerth Gopicon Limited (TGL) has made headlines with massive new orders that exceed its market capitalization, making it a compelling stock for investors to monitor. The company’s recent achievements include a ₹1,500 crore MoU with the Government of Madhya Pradesh and a significant contract from Jaipur Vidyut Vitaran Nigam Limited (JVVNL).

Big Moves in the Renewable Energy Sector

₹1,500 Crore MoU with the Government of Madhya Pradesh

During the Global Investor Summit 2025 in Bhopal, TGL signed a Memorandum of Understanding (MoU) with the New and Renewable Energy Department of Madhya Pradesh.

  • The company aims to invest ₹1,500 crore in setting up a 3 GW Topcon Solar Module Manufacturing and 3 GW Solar Cell Manufacturing facility in the state.
  • This ambitious 3 GW + 3 GW project aligns with India's renewable energy push and solidifies TGL’s position in the solar energy sector.

Order from Jaipur Vidyut Vitaran Nigam Limited (JVVNL)

TGL has also received a Letter of Intent from JVVNL for designing, supplying, installing, and maintaining grid-connected solar power plants with a total capacity of 6.89 MW under the PM-KUSUM Scheme.

Project Details

  • Execution Timeline: 9 months from the work order issuance
  • O&M Period: 25 years
  • Locations: Samrai (2.00 MW), Nipaniya Uda (1.99 MW), Ralayti (1.91 MW), and Brijnagar (0.99 MW) in the Jhalawar and Baran circles
  • Additional Scope: Includes 11 kV lines to connect the plants to 33/11 kV substations and a Remote Monitoring System (RMS)

Stock Performance & Market Trends

Following these developments, TGL shares hit a 5% upper circuit, rising to ₹364.85 per share from the previous close of ₹347.50.

  • 52-Week High: ₹774 per share
  • 52-Week Low: ₹123 per share
  • Market Cap: The new orders exceed the company's market capitalization, highlighting strong growth potential.

Should Investors Watch This Stock?

With a massive ₹1,500 crore investment plan and long-term solar projects, TGL is well-positioned in India’s fast-growing renewable energy sector. While high volatility remains a factor, its strong order book and government-backed contracts make it an attractive high-risk, high-reward stock.

For investors looking at long-term growth in solar energy, Teerth Gopicon Limited (TGL) is a stock worth watching!


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