IPO Update: IPO Today: Millworks Technologies Surges 90% on Listing, Five Issues Open on NSE/BSE | 29 Jul 2026, 10:00 AM IST
By ThePip Desk
Five IPOs are currently open for subscription on NSE and BSE, with windows closing between July 29-31. Millworks Technologies Ltd. saw a remarkable 90.00% gain on its listing day.
The Indian primary market presents a busy landscape on Wednesday, July 29, 2026, with five initial public offerings currently open for subscription across both mainboard and SME segments of the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Today also marks the listing of Shree Balaji (Mala) Textiles Ltd. Investors are keenly observing recent listing performances, with Millworks Technologies Ltd. notably delivering a significant +90.00% gain since its debut, highlighting potential for strong listing day returns.
Recent Listings
The past seven days have witnessed a steady stream of companies making their stock market debut. While some have seen flat listings, others have provided substantial gains for early investors. Here’s a detailed look at their performance:
| Company | Issue Price | Listing Price | Gain/Loss | Per-Lot Gain/Loss |
|---|---|---|---|---|
| Shree Balaji (Mala) Textiles Ltd. | ₹70 | Not available | Not available | Not available |
| Metalic Technoforge Ltd. | ₹77 | Not available | Not available | Not available |
| Gulf Lloyds (India) Ltd. | ₹100 | ₹100 | +0.00% | ₹0 |
| Caliber Mining and Logistics Ltd. | ₹424 | ₹504 | +18.87% | ₹2,800 |
| Sotefin Bharat Ltd. | ₹187 | ₹205 | +9.63% | ₹21,600 |
| SBI Funds Management Ltd. | ₹574 | ₹610 | +6.27% | ₹936 |
| Alpine Texworld Ltd. | ₹105 | ₹105 | +0.00% | ₹0 |
| Millworks Technologies Ltd. | ₹331 | ₹628.9 | +90.00% | ₹2,38,320 |
| Happy Steels Ltd. | ₹66 | Not available | Not available | Not available |
| Devson Catalyst Ltd. | ₹118 | ₹196.15 | +66.23% | ₹1,87,560 |
Millworks Technologies Ltd. demonstrated exceptional performance with a near doubling of its issue price, yielding a significant per-lot gain. Devson Catalyst Ltd. also delivered impressive returns. Investors in Gulf Lloyds (India) Ltd. and Alpine Texworld Ltd. saw their shares list at par with the issue price.
Open for Subscription
As of July 29, 2026, five initial public offerings are actively seeking subscriptions. These issues span various sectors and offer different investment scales. H. R. Hygiene Products Ltd. and Manipal Health Enterprises Ltd. commenced their subscription periods today.
| Company | Issue Price | Min. Investment | Subscription Window |
|---|---|---|---|
| H. R. Hygiene Products Ltd. | ₹88 | ₹2,81,600 | Jul 29 – Jul 31 |
| Manipal Health Enterprises Ltd. | ₹590 | ₹14,750 | Jul 29 – Jul 31 |
| Poojaa Precision Engg Ltd. | ₹301 | ₹2,40,800 | Jul 28 – Jul 30 |
| Propshop Events And Exhibitions Ltd. | ₹69 | ₹2,76,000 | Jul 27 – Jul 29 |
| Advance Technoforge Ltd. | ₹95 | ₹2,28,000 | Jul 27 – Jul 29 |
Investors considering Propshop Events And Exhibitions Ltd. and Advance Technoforge Ltd. should note that today, July 29, marks the final day of their subscription periods. Manipal Health Enterprises Ltd. stands out with a lower minimum investment threshold, making it accessible to a broader range of retail investors.
Upcoming IPOs
The pipeline for new listings remains robust, with several companies slated to launch their initial public offerings in the coming days. These upcoming issues will add further breadth to the primary market across various sectors.
| Company | Issue Price | Min. Investment | Expected Dates |
|---|---|---|---|
| Oneindig Technologies Ltd. | ₹96 | ₹2,30,400 | Jul 30 – Aug 03 |
| Juniper Green Energy Ltd. | ₹225 | ₹14,850 | Jul 30 – Aug 03 |
| MV Electrosystems Ltd. | ₹425 | ₹14,450 | Jul 30 – Aug 03 |
| Dhaval Packaging Ltd. | ₹97 | ₹2,32,800 | Jul 30 – Aug 03 |
| Fusion Klassroom Edutech Ltd. | ₹159 | ₹2,54,400 | Jul 31 – Aug 04 |
| GV Electricals Ltd. | ₹130 | ₹2,60,000 | Jul 31 – Aug 04 |
Investors should review the Red Herring Prospectus (RHP) for each upcoming company to understand their business models, financial health, and associated risk factors before making any investment decisions.
The Indian primary market continues to offer a dynamic landscape for investors, characterized by a consistent flow of new issues and varied performances from recent listings. Thorough due diligence on company fundamentals and offer details is essential for informed decision-making in this evolving market environment.