Primary Market Update: IPOs for MV Electrosystems, Juniper Green Energy

The primary market remains active as the MV Electrosystems and Juniper Green Energy IPOs concluded their subscription phase on August 3, 2026. MV Electrosystems, seeking to raise ₹290 crore, has garnered significant investor attention with its grey market premium jumping to ₹120, signaling a potential 25% listing gain. Concurrently, Juniper Green Energy saw its ₹1,800 crore issue subscribed 1.27 times, bolstered by strong interest from Qualified Institutional Buyers, though retail participation remained more measured compared to its peer.

Investor focus now shifts toward share allotments for Manipal Health Enterprises and the recently concluded offerings. Manipal Health Enterprises closed its massive ₹9,275.22 crore issue earlier, recording a 4.92 times subscription with strong institutional backing. Allotment processes for these issues are scheduled for August 4, 2026. These diverse offerings underscore a robust appetite for healthcare and infrastructure-aligned companies, despite varying demand levels across retail and institutional categories.

Following this wave of listings, the market is bracing for the LEAP India IPO, which is slated to open on August 7, 2026. With a price band set at ₹151 to ₹159 per share, the logistics provider aims to raise ₹2,480 crore to facilitate debt repayment and capital expansion. Investors are monitoring these listings closely, as successful debuts on the NSE and BSE continue to drive sentiment in the broader Indian equity market during the second half of 2026.