Upcoming IPOs: Nine Issues Set to Open Next Week

MUMBAI, India — India's primary equity market is set for a busy session as upcoming IPOs across major sectors gear up to raise substantial capital. Starting the week of July 27, 2026, nine companies—including healthcare giant Manipal Health Enterprises Ltd. and renewable power producer Juniper Green Energy Ltd.—will open their initial public offerings to institutional and retail investors. The surge in public issues comes amid sustained liquidity in domestic markets, offering market participants fresh avenues across healthcare, clean energy, packaging, and technology sectors.

Heavyweight Mainboard Offerings Lead the Lineup

The primary market headline is led by Manipal Health Enterprises Ltd., which is slated to open its public issue on July 29, 2026, with anchor bidding initiating on July 28. According to regulatory filings with the Securities and Exchange Board of India (SEBI), the healthcare provider aims to raise ₹9,273.64 crore. The offering includes a fresh issue of 13.56 crore shares valued at ₹7,998.43 crore, alongside an offer-for-sale (OFS) of 2.16 crore shares worth ₹1,275.22 crore from existing shareholders. The price band for the issue has been fixed between ₹560 and ₹590 per share, with a minimum lot size of 25 shares.

Another highly anticipated offering among upcoming IPOs is Juniper Green Energy Ltd. The independent renewable power producer is scheduled to open its book-building issue on July 30, 2026, with the anchor book opening on July 29. According to its Red Herring Prospectus (RHP), the issue comprises a fresh issue of equity shares worth ₹1,800 crore. ICICI Securities Ltd. serves as the book-running lead manager for the renewable energy listing, which will list on both the NSE and BSE exchanges.

SME Segment Maintains Strong Subscription Momentum

Alongside mainboard issues, small and medium enterprises (SMEs) account for a significant share of upcoming IPOs opening next week. Companies entering the primary market include Dhaval Packaging Ltd., Fusion Klassroom Edutech, Advance Technoforge, and Pooja Precision.

Dhaval Packaging Ltd., an established provider of plastic packaging solutions for FMCG and food sectors, opens its IPO on July 30, 2026. The company declared a price band of ₹92 to ₹97 per share with a minimum bid lot of 2,400 shares, proposing to list on the BSE SME platform. Regulatory submissions show Dhaval Packaging recorded a total income of ₹52.43 crore and a net profit after tax (PAT) of ₹6.04 crore for the fiscal period ended March 31, 2025.

+-------------------------------+-------------------+------------------+-----------------+
| Company Name                  | Issue Category    | Price Band (₹)   | Opening Date    |
+-------------------------------+-------------------+------------------+-----------------+
| Manipal Health Enterprises    | Mainboard         | 560 – 590        | July 29, 2026   |
| Juniper Green Energy Ltd.     | Mainboard         | To be announced  | July 30, 2026   |
| Dhaval Packaging Ltd.         | BSE SME           | 92 – 97          | July 30, 2026   |
| Advance Technoforge           | SME               | To be announced  | Next Week       |
| Pooja Precision               | SME               | To be announced  | Next Week       |
| Fusion Klassroom Edutech      | SME               | To be announced  | Next Week       |
+-------------------------------+-------------------+------------------+-----------------+

Official Sources Section

Details regarding issue dates, capital structures, and allocation bands are drawn directly from company regulatory filings filed with SEBI, Red Herring Prospectuses (RHPs), Draft Red Herring Prospectuses (DRHPs), and official notices from the National Stock Exchange (NSE) and BSE Limited.

Official Statements and Market Commentary

"According to official regulatory filings, the proceeds from the fresh capital raised through these initial offerings will predominantly support debt repayment, capital expenditure for expansion projects, and general corporate purposes across the respective issuing organizations."

Why It Matters

The influx of upcoming IPOs offers diverse equity access across vital economic drivers including tertiary healthcare, green energy infrastructure, specialized packaging, and education technology. For retail and institutional investors, these offerings present structured opportunities to participate in high-growth companies backed by regulatory oversight. Furthermore, strong primary market liquidity underlines continued business confidence and corporate capital formation in the domestic economy.

Key Facts at a Glance

• Nine Issues Launching: A total of nine companies, spanning mainboard and SME boards, will open initial public offerings next week.

• Healthcare Capital Drive: Manipal Health Enterprises Ltd. aims to raise ₹9,273.64 crore at a price band of ₹560–₹590 per share.

• Green Energy Expansion: Juniper Green Energy Ltd. opens its ₹1,800 crore fresh issue on July 30, 2026.

• SME Participation: SME issues including Dhaval Packaging Ltd. (price band ₹92–₹97) offer specialized sectoral entries.

Frequently Asked Questions (FAQ)

What are the mainboard IPOs opening next week?

The primary mainboard upcoming IPOs opening next week include Manipal Health Enterprises Ltd. (opening July 29, 2026) and Juniper Green Energy Ltd. (opening July 30, 2026).

How can retail investors apply for these IPOs?

Eligible retail investors can apply using standard ASBA (Application Supported by Blocked Amount) through online banking or via UPI-enabled trading platforms using their Demat and trading accounts.

What is the issue size for Manipal Health Enterprises Ltd.?

Manipal Health Enterprises Ltd. plans to raise a total of ₹9,273.64 crore through a fresh issue worth ₹7,998.43 crore and an offer-for-sale worth ₹1,275.22 crore.

Source: Securities and Exchange Board of India (SEBI) Filings, Red Herring Prospectuses (RHP), Bombay Stock Exchange (BSE), and National Stock Exchange (NSE) announcements.