5 Mainboard IPOs Worth ₹15,000 Crore Lined Up for July 2026
India’s primary market is set for a busy end to July, with five mainboard IPOs across mining, healthcare, dairy, renewable energy, and industrial machinery expected to raise around ₹15,000 crore.
Beyond the fundraising size, the sector mix is worth noting. The lineup includes businesses from coal logistics, hospitals, dairy products, renewable power, and industrial machinery, indicating that IPO activity is currently spread across a wider range of industries rather than being driven by a single theme.
Here's a company-by-company breakdown of what's coming, based on DRHP filings and the latest disclosures.
Quick Overview: July 2026 IPO Pipeline
A company-wise snapshot of the expected mainboard IPOs, their sectors, proposed issue structures and latest filing status.
| Company | Sector | Issue Size | Structure | Status |
|---|---|---|---|---|
| Caliber Mining & Logistics | Coal mining & logistics | ~₹500 crore Post pre-IPO adjustment | Fresh Issue + OFS | DRHP approved; pre-IPO placement done |
| Manipal Health Enterprises | Multi-specialty hospitals | ₹8,000 crore fresh issue + OFS | Fresh Issue + OFS | SEBI approved on July 3, 2026 |
| Milky Mist Dairy Food | Value-added dairy (FMCG) | ₹2,035 crore | Fresh Issue + OFS | SEBI approved; roadshows done |
| Juniper Green Energy | Renewable power Solar, wind and hybrid | ₹3,000 crore | 100% Fresh Issue | DRHP filed |
| Lohia Corp | Woven plastic packaging machinery | Entirely OFS Approximately 4.22 crore shares | 100% OFS | DRHP approved |
Note: Issue sizes, dates, price bands and lot sizes may change and will be confirmed only after the respective RHP filings.
1. Caliber Mining & Logistics IPO
Caliber Mining is a Nagpur-based contract mining operator — coal extraction, overburden removal, loading and rail-transport coordination, mostly for Coal India subsidiaries like Western Coalfields and Northern Coalfields.
Key details:
- Issue type: Fresh issue of ₹500 crore + OFS of ₹100 crore (fresh issue reduced after a ₹100 crore pre-IPO round)
- Fleet: 1,400+ vehicles across Maharashtra, Chhattisgarh and Madhya Pradesh
- Growth: Revenue up from ₹372 crore (FY22) to ₹953 crore (FY24)
Reader takeaway: A fast-scaling roll-up story, but one that leans heavily on a handful of Coal India customers.
2.Manipal Health Enterprises IPO
The headline name in this batch. Manipal Health, the company behind Manipal Hospitals, got SEBI's go-ahead on July 3, 2026, clearing the runway for what could become India's largest-ever healthcare IPO.
Key details:
- Issue type: Fresh issue of ₹8,000 crore + OFS of ~4.32 crore shares (Temasek, TPG, Mubadala and others selling down)
- Scale: 38 hospitals (48 pro forma), 12,000+ beds across 14 states
- Use of funds: Mostly subsidiary debt repayment
Reader takeaway: The biggest issue on this list by far — worth watching closely for the RHP and price band once filed.
3.Milky Mist Dairy Foods IPO
Unlike most listed dairy names, Milky Mist doesn't sell liquid milk at all — its entire revenue comes from paneer, cheese, curd, ghee and packaged foods sold under the Milky Mist and SmartChef brands.
Key details:
- Issue type: Fresh issue of ₹1,785 crore + OFS of ₹250 crore
- Growth: Revenue up from ₹1,394 crore (FY23) to ₹2,349 crore (FY25), ~30% CAGR
- Status: SEBI-approved, roadshows reportedly done, eyeing a late-July or early-August window
Reader takeaway: The most time-sensitive name here — could be the first of the five to actually open.
4. Juniper Green Energy IPO
A Gurugram-based independent power producer running solar, wind and hybrid projects, with long-term power purchase agreements signed with SECI, NHPC, NTPC and Tata Power.
Key details:
- Issue type: 100% fresh issue of up to ₹3,000 crore, no OFS
- Strength: Over 97% of operational capacity tied to long-term PPAs
- Use of funds: Mainly subsidiary debt repayment
Reader takeaway: Every rupee raised goes into the company — a cleaner growth-capital story than most on this list.
5. Lohia Corp IPO
A Kanpur-based, decades-old name in a narrow but global niche: machinery for woven plastic packaging — fertiliser sacks, cement bags, technical textiles. This is its second attempt at listing after a 2022 approval that was never used.
Key details:
- Issue type: 100% Offer for Sale of ~4.22 crore shares by the promoter Lohia family — no fresh issue
- Market position: 15.4% share of the global raffia machinery market, ~41% domestically
Reader takeaway: A pure exit for promoters, not growth capital — the company itself won't receive any proceeds.
Frequently Asked Questions
Which IPOs are expected to open by July-end 2026?
Caliber Mining & Logistics, Manipal Health Enterprises, Milky Mist Dairy Foods, Juniper Green Energy, and Lohia Corp are in different stages of the IPO process and may open by July-end 2026, subject to market conditions, regulatory approvals, and RHP filings.
Which of these IPOs is a pure Offer for Sale?
Lohia Corp’s proposed IPO is entirely an Offer for Sale. The company will not receive proceeds from the issue, as the shares will be sold by members of the promoter family.
What is the combined size of these five IPOs?
Based on currently available filings and reported estimates, the combined issue size could be around ₹15,000 crore. Manipal Health Enterprises is expected to account for the largest share of the total.
Final issue sizes will be confirmed only after the respective RHPs and price details are announced.
Where can I check live GMP and subscription status for these IPOs?
You can track GMP, live subscription status, allotment updates, listing dates, and other IPO details on the IPO Ji app and website.
Track IPO Updates on IPO JiWant to Track These IPOs Without Refreshing Multiple Websites?
Download the IPO Ji app or visit ipoji.com to follow real-time IPO subscription status, allotment status, listing dates, GMP updates, and company-wise IPO details for all upcoming IPOs in July 2026.
This article is for informational purposes only and should not be construed as investment advice. Investors are advised to read the RHP/DRHP of each company carefully and consult a registered financial advisor before applying to any IPO.
