Dhoot Transmission IPO Lists with 37.77% Premium on NSE
By ThePip Desk
Dhoot Transmission shares debut on NSE at Rs 1,200, a 37.77% premium over its Rs 871 IPO price, signaling strong investor confidence.
Dhoot Transmission shares commenced trading strongly on the National Stock Exchange (NSE) on Monday, August 17, 2026, opening at Rs 1,200 apiece. This represented a substantial 37.77% premium against its issue price of Rs 871 per share, surpassing prior market expectations.
Key Listing Figures
- NSE Listing Price: Rs 1,200
- Issue Price: Rs 871
- NSE Listing Premium: 37.77%
- BSE Listing Price: Rs 1,193.80
- BSE Listing Premium: 37.06%
The company’s Initial Public Offering (IPO) had been open for subscription from August 10 to August 12, with the final allotment processed on August 13. Market indications through the Grey Market Premium (GMP) had previously suggested a premium of approximately 30%.
IPO Performance and Details
- Total Funds Raised: Rs 3,066.89 crore
- Oversubscription Rate: 74.21 times
The book-building issue successfully raised Rs 3,066.89 crore, attracting an overwhelming subscription rate of 74.21 times. Axis Capital Ltd. acted as the book running lead manager for the IPO, while Kfin Technologies Ltd. served as the official registrar for the offering.
This robust market debut underscores investor confidence, as Dhoot Transmission’s shares closed their first day of trading well above their initial offering price on both major exchanges.