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...

E-Waste, Municipal Waste & Wastewater


While metals and plastics grab headlines, India's massive e-waste, municipal solid waste, and wastewater challenges are opening doors for specialized recycling and treatment companies. With urbanisation accelerating and regulations tightening, these waste management and recycling stocks offer defensive growth with high ESG appeal.

Here’s a curated look at promising names shaping India's sustainable future.

1. Eco Recycling & Namo eWaste Management – E-Waste Specialists

Eco Recycling and Namo eWaste focus on responsible electronic waste processing, data destruction, and recovery of precious metals. As India generates millions of tonnes of e-waste annually, these companies benefit from formalization of the sector and rising producer responsibility norms.

2. MSTC – Scrap Metal & Waste Auction Leader

MSTC plays a key role in government and industrial scrap disposal through transparent auctions, facilitating efficient recycling of metals and other materials.

3. Antony Waste Handling Cell & Urban Enviro Waste Management – Municipal Waste Experts

These companies handle collection, transportation, and processing of municipal solid waste. They support urban local bodies under Swachh Bharat initiatives and are expanding into waste-to-energy and composting solutions.

4. Organic Recycling Systems – Biogas & Organic Waste

Organic Recycling converts organic waste into biogas and bio-CNG, addressing both waste management and renewable energy needs—perfect for India's net-zero ambitions.

5. Wastewater & Water Treatment Plays

  • Z-Tech (India), Effwa Infra & Research, Concord Enviro, VA Tech Wabag — These firms design and execute effluent treatment plants (ETP), sewage treatment plants (STP), and wastewater recycling systems for industries and municipalities.
  • EMS Ltd, Ion Exchange (India), Denta Water & Infra, Greenleaf Envirotech — Strong players in water purification, industrial water treatment, and sewage management with solid order books and execution track records.
  • EP Biocomposites focuses on advanced composites for sewage and waste applications.

6. GEM Enviro Management – EPR Compliance Leader

GEM Enviro helps brands meet Extended Producer Responsibility targets across plastics, e-waste, and batteries, making it a key enabler in India's circular economy framework.

Investment Outlook for 2026 Wastewater treatment and municipal waste stocks tend to offer more stable cash flows due to long-term contracts with governments and industries. E-waste players carry higher growth potential amid rising electronic consumption. Key drivers include Jal Jeevan Mission extensions, Namami Gange, and stricter pollution norms.

Risks to Watch: Execution delays in large projects, regulatory changes, and working capital intensity in EPC-style businesses.

Final Thought: The recycling and waste management sector in India is still under-penetrated but policy-supported. Combining exposure from Blog 1 (materials recycling) and Blog 2 (waste services & treatment) can create a well-rounded sustainable portfolio for long-term investors.

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