Neutral impactIPO
Dhoot Transmission IPO Day 1: GMP, date, review, other details. Apply or not?
livemint.com 2 hrs ago·10 Aug 2026, 11:09 am
1286088 livemint.com
Dhoot Transmission is set to make its market debut on November 21, 2024, after its initial public offering (IPO) closes on November 19. The company raised approximately ₹1,050 crore through the issuance of fresh equity shares. Investors can apply for the IPO in lots of 5 shares, with a price band of ₹590 to ₹620 per share. The grey market premium (GMP) currently suggests a listing premium of around 25-30%, indicating strong investor sentiment.
This IPO is significant as it marks the first public issue from the Dhoot family, who are well-known in the Indian infrastructure and power sectors. The company operates in the power transmission business, which is critical for the country's energy grid. For investors, the listing performance will depend on market conditions and the company's financials. It is advisable to monitor the subscription numbers and the overall market trend before making an investment decision.
Affected stocks
Neutral1 stockBull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Dhoot Transmission (1286088).
- Category: IPO.
Why it matters
A routine update for Dhoot Transmission. Use the price and stock snapshot to gauge how the market is responding.
