Dhoot Transmission Ltd launched its initial public offering (IPO) on August 10, 2026, aiming to raise ₹3,067 crore by offering shares priced between ₹829 and ₹871 each. The IPO will remain open until August 12, 2026, providing investors a three-day window to subscribe to the public issue, according to livemint.com.
On the first day of subscription, the IPO was subscribed 0.63 times, indicating moderate investor interest. The company’s shares were trading at a grey market premium of ₹250, as reported by Investorgain. The management set the price band to balance demand and valuation, with the subscription process continuing through the second and third days to gauge final investor appetite.
The Dhoot Transmission IPO is one of the significant public offerings in the Indian market this year, reflecting ongoing investor interest in the transmission and power equipment sector. The ₹3,067 crore target places it among the larger IPOs in the infrastructure segment, competing with other recent listings that have attracted institutional and retail investors alike, according to livemint.com.
The IPO subscription will close on August 12, 2026, after which the company will finalize allotments and list its shares on the stock exchanges. The final subscription numbers and listing date will provide clearer indicators of market reception and investor confidence in Dhoot Transmission’s growth prospects.