Seven IPOs are open or opening this week, two mainboard names already listed this morning, and a dozen more are set to list. Here's what actually deserves your attention — what they do, the numbers, and what the grey market is signalling
India's primary market is firing on all cylinders this week — seven IPOs open for subscription and a dozen listings are scheduled. Rather than trying to track all of them, here's what stands out on size, sector interest, or grey-market demand — including two mainboard names that already made their debut this morning.
1. Horizon Industrial Parks — The Big-Ticket Name
Blackstone-backed Horizon Industrial Parks is the largest fresh issue of the week.
Issue size: ₹2,600 crore — entirely a fresh issuance of 43.34 crore shares, no offer-for-sale component
Subscription window: August 17–19, 2026
Why it matters: No OFS means every rupee raised goes into the company rather than existing shareholders cashing out — generally read as a stronger long-term signal than an IPO weighted toward promoter exits
Grey market signal: GMP of around ₹4, implying roughly 6-7% over its price band — a modest, not overheated, read
2. Lalithaa Jewellery Mart — South India's Jewellery Major Goes Public
A well-known regional retail name enters the mainboard this week.
Issue size: ~₹1,700 crore (₹1,200 crore fresh issue + OFS)
Price band: ₹190–201 per share
Subscription window: August 17–19, 2026; listing tentatively scheduled for August 24
The business: Founded in 1985, Lalithaa Jewellery Mart operates 61 stores across 51 cities in Tamil Nadu and neighbouring states, selling BIS-hallmarked gold, silverware, and diamond jewellery
Grey market signal: GMP in the ₹25–32 range, implying roughly 13-16% potential listing gains
Worth noting: The company's FY26 top-line and margin growth has been strong enough that some analysts are flagging it as worth watching for sustainability — not a reason to avoid the IPO, but a reason to read the red herring prospectus rather than go purely on the brand name
3. Molbio Diagnostics — Already Listed Today at a Strong Premium
Molbio Diagnostics didn't wait for the week to play out — it made its stock market debut this morning, Monday, August 17, alongside Dhoot Transmission.
The business: A point-of-care diagnostics company known for its Truenat platform, which delivers rapid PCR-based test results; the company has no directly comparable listed peer in its specific segment, which makes traditional peer-multiple valuation harder to apply
The result: Shares debuted at ₹980 on both the NSE and BSE, a 21.44% premium over the ₹807 issue price — ahead of the roughly 15% grey market premium had been signalling in the days before listing
Something to watch: with no direct listed peer, valuing the stock from here depends more on comparing it to adjacent diagnostics and healthcare names than on a clean apples-to-apples multiple
4. Credent Connect N Care — Healthcare Logistics, Closing Today
Credent Connect N Care is an SME IPO in the healthcare logistics space.
The business: Founded in 2015, Credent Connect N Care is an integrated healthcare services and logistics provider — home sample collection, phlebotomy and lab manpower services, diagnostic support, healthcare logistics, and supply chain management for diagnostic labs, hospitals, and pharma companies across India
Issue size: ₹93.90 crore — entirely a fresh issue of 49.68 lakh shares
Price band: ₹179–189 per share; lot size 600 shares — retail investors must bid for a minimum of 2 lots (1,200 shares), for a minimum investment of ₹2,26,800 at the upper band
Subscription window: Opened August 13, closes today, August 17, 2026; listing tentatively scheduled for August 20 on NSE SME
Grey market signal: GMP has clustered around ₹50–52 across multiple trackers over the past few days, implying roughly 26-28% potential listing gains — the strongest of this week's batch
Financials: FY26 revenue of ~₹214 crore, net profit of ₹18.45 crore, EBITDA of ₹28.46 crore
5. Skytech Infinite Platform — Industrial Automation, Closing Tomorrow
The business: Bangalore-based Skytech Infinite Platform, incorporated in 2009, provides turnkey industrial automation solutions — designing and manufacturing automation control panels (PLCs, drive systems, switchgear, sensors) for sectors including power, water, energy, and pharmaceuticals, with exports to Bhutan, Thailand, China, Singapore, and the US
Issue size: ₹22.68 crore
Price band: ₹73–77 per share; lot size 1,600 shares — retail investors must bid for a minimum of 2 lots (3,200 shares), for a minimum investment of ₹2,46,400 at the upper band
Subscription window: Opened August 14, closes tomorrow, August 18, 2026; listing tentatively scheduled for August 21 on NSE SME
Grey market signal: GMP of around ₹13, implying roughly 17% potential listing gains
The Two That Already Listed
If you're also tracking today's listings: both Dhoot Transmission and Molbio Diagnostics made their stock market debuts this morning. Dhoot Transmission listed at a 38% premium — one of the standout mainboard debuts of the year so far — while Molbio Diagnostics listed at a 21.44% premium over its issue price. We've covered the full breakdown of the Dhoot listing separately: Dhoot Transmission Shares List at 38% Premium: Inside the IPO's Blockbuster Debut.
A Word on Grey Market Premium
Every GMP figure above is an unofficial, unregulated indicator — not a guarantee. GMP reflects informal grey-market sentiment ahead of listing and can move sharply in either direction right up to listing day. It's a useful directional signal, not a substitute for reading the offer document or understanding what the company actually does.
If you want ongoing, SEBI-registered analysis on IPOs and fresh listings rather than piecing it together from GMP trackers, that's exactly what KuberHunt's Experts publish daily. Browse live Recos on KuberHunt's Experts page, or get calls from multiple analysts in one place with KuberHunt Edge.
Quick Answers
| Question | Answer |
| Which IPO is the largest this week? | Horizon Industrial Parks, at ₹2,600 crore. |
| Which open IPO has the highest GMP this week? | Credent Connect N Care, with GMP clustering around 26-28% potential listing gains. |
| When does Lalithaa Jewellery Mart list? | Tentatively August 24, 2026, after subscription closes August 19. |
| Which IPOs already listed this week? | Dhoot Transmission (+38%) and Molbio Diagnostics (+21.44%), both on August 17. |
| Is GMP a reliable predictor of listing price? | No — it's an unofficial, unregulated sentiment indicator that can change quickly before listing, and can differ meaningfully from the actual listing-day result, as Molbio's own debut shows. |
Sources
Horizon Industrial Parks issue size, structure, dates: Chittorgarh, IPOJi, StockGro — Horizon Industrial Parks IPO. GMP corrected to ₹4 (not the ₹60 price-band figure) per IPOJi and IPOGyani, both independently converging near the same level.
Lalithaa Jewellery Mart price band, lot size, listing date, store count, GMP: Goodreturns, Chittorgarh, Business Standard — Lalithaa Jewellery IPO Review, IPOJi (GMP ₹23–30 range).
Molbio Diagnostics — pre-listing business description and price band: Sahi, India Infoline. Listing-day result (₹980, +21.44%): Business Standard, Upstox, India TV — Molbio Diagnostics, Dhoot Transmission IPOs Listing Today.
Credent Connect N Care — business, issue size, price band, financials, GMP: Business Today, IPOJi. Retail minimum-investment figure (2 lots / ₹2,26,800) cross-checked against Chittorgarh and IPO Watch.
Skytech Infinite Platform — business, issue size, price band: Chittorgarh, PaytmMoney — Skytech Infinite Platform IPO Review. Retail minimum-investment figure (2 lots / ₹2,46,400) cross-checked against Chittorgarh and PaytmMoney. GMP cross-checked across IPO Track (₹13) and IPOJi.
Dhoot Transmission and Molbio Diagnostics joint listing (referenced in the closing section): Business Standard, India TV — Molbio Diagnostics, Dhoot Transmission IPOs Listing Today.
This article is for informational purposes only and does not constitute investment advice or a recommendation to apply for any IPO. Grey market premium (GMP) figures are unofficial, unregulated, and not indicative of actual listing performance. Recommendations available on KuberHunt are published by independently SEBI-registered Research Analysts; KuberHunt is a technology platform and does not itself provide investment advice or execute trades. Investments in securities are subject to market risk — please read all offer documents carefully before investing.