# Dhoot Transmission IPO opens at ₹829-871 per share

2026-08-10T04:54:25+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

The ₹3,067 crore IPO of Bain Capital-backed Dhoot Transmission opened for public subscription on Monday with a price band of ₹829-871 per share. The issue includes a fresh issue of ₹1,400 crore and an offer-for-sale of ₹1,666.89 crore by promoters. By 10:45 AM on day one, the IPO was subscribed 0.09 times, with retail at 0.11 times and NII at 0.15 times. The grey market premium stood at ₹259, or 30% above the upper price band. The company will use ₹766 crore of fresh proceeds to retire debt, ₹150 crore for new manufacturing facilities, and expects to be debt-free with a cash surplus of ₹900-1,000 crore post-IPO. Anchor investors, including SBI Mutual Fund, BlackRock, and Abu Dhabi Investment Authority, were allotted 1.05 crore shares at ₹871 apiece.

## Coverage

- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/what-brokerages-say-on-dhoot-transmissions-ipo-that-opens-today-at-829-871/article71324629.ece>
- livemint.com <https://www.livemint.com/market/ipo/dhoot-transmission-ipo-day-1-live-gmp-date-review-other-details-apply-or-not-11786333783245.html>

This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources. Last updated 2026-09-27T06:08:56+00:00.

Tags: auto components, Bain Capital, Dhoot Transmissions, EV, IPO, stock market
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