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...

Karnataka’s Microfinance Sector Rebounds: 98% Collection Efficiency Signals Strong Recovery in 2025

After a challenging period, Karnataka’s microfinance landscape is showing clear signs of revival. Led by institutions like CreditAccess Grameen, AU Small Finance Bank, and Fusion Finance, the sector reported a robust 98% collection efficiency in March 2025, up from 95% in January—highlighting improved borrower discipline, stronger operations, and effective regulatory adaptation.


Why Is the Recovery Gaining Momentum?

Several factors are driving this positive turnaround:

  • Regulatory Clarity:
    Initial disruptions caused by the Karnataka ordinance have settled as clearer guidelines and smoother implementation have taken hold.

  • Borrower Awareness:
    MFIs have doubled down on borrower education campaigns, reinforcing repayment discipline and responsible credit behavior.

  • Seasonal Cash Flow Boost:
    The January–March quarter traditionally benefits from increased income in rural areas due to harvest cycles and small business upticks.

  • Operational Course Correction:
    Players like CreditAccess Grameen have moved away from aggressive recovery practices, opting for group-based meetings that foster borrower trust and reduce friction.


What’s Next for Karnataka’s Microfinance Sector?

While the rebound is promising, the road ahead still holds a few bumps. Analysts from Investec and other institutions anticipate a gradual but steady recovery, with top-tier lenders continuing to outperform. The implementation of Guardrails 2.0 in April 2025, which restricts each borrower to a maximum of three lenders, is expected to further stabilize the market by limiting over-indebtedness.


Investment Outlook: A Sector Ready for Consolidation and Growth

The resilience shown by companies like CreditAccess Grameen and Fusion Finance underscores the sector’s long-term potential. As collection rates improve and lending practices become more disciplined, microfinance is once again becoming an attractive space for investors. However, careful monitoring of asset quality and policy shifts will be crucial for sustainable returns.

Expert Insight:
“The sector is nearing the end of its stress cycle. With improved collections and more stringent norms, we expect consolidation and stronger growth in 2025.” – Investec Analysts


Conclusion: A Sector on the Mend

With leading players adapting quickly and operational efficiencies kicking in, Karnataka’s microfinance industry is clearly on a recovery path. The surge in collection efficiency reflects growing borrower confidence and institutional agility. As the sector stabilizes, it stands ready to drive financial inclusion and unlock new growth opportunities in 2025 and beyond.

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