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...

Mining Value: Metal Stocks to Shine in the 2025 Correction

Metals dipped 18%, but India’s ₹11L Cr infra spend fuels 25-50% upside for these four miners. Dividends and expansions make them bargains.That makes today’s correction less of a sell-off and more of a mining expedition for bargains. And if history has taught us anything about cyclicals, it’s this: metals crash, consolidate, and then roar back with staggering returns. Right now, the odds are stacked in favor of the latter.

Let’s dig deeper into four Indian miners and metal plays that could offer 25–50% upside in the coming quarters along with dividend sweetness, expansion triggers, and strong technical setups.


1. GMDC Ltd – Lignite King with Expansion Fuel

  • Recent Rally: Stock jumped 14% to ₹590, moving decisively above VWAP.

  • Target: ₹650 in the near term.

  • Why GMDC?

    • Market leader in lignite with strong cash flows.

    • Expansion-driven capex plan to unlock more value.

    • A ₹10.10 dividend sweetens the deal.

  • Technical View: Bullish EMA crossover adds tailwinds for momentum traders.

GMDC is no longer just a safe dividend play—it’s shaping up as a growth + yield combo, rare in this space.


2. Godavari Power & Ispat – Riding the Steel Supercycle

  • Stock Action: Surged 10% to ₹450, hitting fresh highs.

  • Growth Engine: Pellet capacity powering a 30% CAGR.

  • Why It Matters:

    • Pelletization is a high-margin, high-demand vertical.

    • Strong correlation with steel demand revival.

  • Macro Trigger: As India’s infra build-out kicks in, steel demand will rebound—and Godavari is perfectly positioned to capitalize.

For investors looking at a steel proxy without betting directly on integrated giants, Godavari is the underdog turning into a heavyweight.


3. KIOCL Ltd – Pig Iron Pro with Govt Backing

  • Stock Level: Currently at ₹400, undervalued by market standards.

  • Growth Path: Capacity expansion to 3 MTPA.

  • Government Muscle: Being a PSU in the mining ecosystem, policy tailwinds often work in its favor.

  • Why Now?:

    • Expansion visibility provides multi-year earnings growth.

    • Global iron ore demand may be cooling, but India’s infra cycle shields domestic players.

Think of KIOCL as a strategic play—low current valuation, high visibility of growth.


4. Hindustan Copper – The EV Copper Rush

  • Current Price: ₹312.

  • Target: ₹360 (15% upside in the near term).

  • Bull Case:

    • India’s only copper miner, making it a unique monopoly.

    • 66% promoter holding—skin in the game.

    • Copper demand is directly tied to EVs, renewables, and grid upgrades.

  • Why Watch Closely?: Copper is dubbed the "new oil" for the green economy, and Hindustan Copper is sitting on that megatrend.

This isn’t just a cyclical play—it’s a structural story aligning with the global energy transition.


Why Metals? The Cyclical Edge

Metals are often misunderstood as pure cyclical bets. Yes, they swing violently with global commodity cycles—but when the domestic economy is firing up (like India is right now), they can deliver outsized alpha.

  • Infra Capex = Direct metal demand

  • Govt push for EVs & renewables = Copper/Steel uptick

  • Expansion cycles = Earnings upgrades

The dip we’re seeing today could be the very setup smart investors dream of—when fear blinds the market, but fundamentals quietly strengthen.


Final Nugget: Dig In Before the Rebound

India’s metal miners aren’t just surviving the downturn; they’re preparing to thrive. With expansions, dividends, and policy tailwinds, these names GMDC, Godavari Power, KIOCL, and Hindustan Copper look like tomorrow’s breakout stories.

Comments