# Dhoot Transmission IPO subscribed 36% on day one

2026-08-10T11:50:42+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Dhoot Transmission's IPO was subscribed 0.61 times by 4:36 pm on day one, according to Livemint, though NSE data cited by The Hindu BusinessLine showed 0.36 times at 3:22 pm. Retail bids filled 0.72 times, NII 1.06 times, and QIB 0.06 times. The ₹3,067 crore issue closes on August 12, with allotment on August 13 and listing on August 17. Priced at ₹829-₹871, the grey market premium is ₹259, about 30% above the upper band. Brokerages SBI Securities, Anand Rathi, BP Equities, and others recommend subscribing, though concerns over customer concentration remain.

## Coverage

- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/dhoot-transmission-ipo-subscribed-36-so-far-on-day-1-brokerages-largely-bullish/article71327854.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>

Tags: anchor investors, auto components, Dhoot Transmission, EV, IPO, subscription
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