Now Reading: Dhoot Transmission IPO allotment likely today, GMP at Rs 276
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Dhoot Transmission IPO allotment likely today, GMP at Rs 276
Dhoot Transmission IPO allotment is expected on Thursday, 13 August 2026, a day after the three-day bidding ended on 12 August. The public issue was subscribed about 75 times, signalling strong investor…
The Story in Brief
Dhoot Transmission IPO allotment is expected on Thursday, 13 August 2026, a day after the three-day bidding ended on 12 August. The public issue was subscribed about 75 times, signalling strong investor demand. Under the T+3 listing rule, shares must list by 17 August.
According to Investorgain, the grey market premium (GMP) is Rs 276 per share, about 32% above the upper price band of Rs 871. This suggests a bumper debut on Dalal Street. Applicants can check allotment status on BSE India or KFin Technologies websites.
The Indian Opinion
The 75 times subscription and 32% grey market premium are being treated as signs of a blockbuster listing. But grey market premiums are unregulated guesses, not guaranteed returns. Retail investors should not base decisions on GMP hype alone. The real test is the listing day price and post-listing performance. Will the stock hold its gains after the first session?
Source: livemint.com
This story was synthesised by AI from the source linked above.
