Dhoot Transmission IPO
Dhoot Transmission Limited (DHOOTTRANS) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 17 August 2026.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +31.1% (likely range +19% to +68%), day's high +39.0%, chance of a gain 95%. Actual: +37.8% at the open, +38.4% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 68,99,735 | 1,46,90,58,281 | 213x | |
| NII (HNI) total | 53,92,957 | 28,00,59,292 | 51.9x | |
| Big NII (above ₹10 lakh) | 35,95,305 | 20,87,93,082 | 58.1x | |
| Small NII (₹2-10 lakh) | 17,97,652 | 7,12,66,210 | 39.6x | |
| Retail | 1,25,83,565 | 10,22,01,620 | 8.12x | |
| Employees | 80,106 | 6,52,392 | 8.14x | |
| Total | 2,49,56,363 | 1,85,19,71,585 | 74.2x |
Bids on NSE and BSE together, as published by NSE, as of 12 Aug 2026, 07:00 PM. Shares offered exclude the anchor portion. 5% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Dhoot Transmission's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Premier EnergiesAug 2024 | 217x | 50.0x | 7.69x | 74.4x | ₹2,838 Cr | +120.0% | +121.0% |
| INDO-MIMJul 2026 | 204x | 50.6x | 6.67x | 72.3x | ₹3,813 Cr | +44.3% | +56.2% |
| IndegeneMay 2024 | 198x | 55.1x | 7.95x | 69.9x | ₹1,840 Cr | +44.9% | +46.0% |
| Emcure PharmaceuticalsJul 2024 | 196x | 48.3x | 7.21x | 67.9x | ₹1,950 Cr | +31.4% | +37.4% |
| Waaree EnergiesOct 2024 | 209x | 62.5x | 10.8x | 76.3x | ₹4,484 Cr | +66.3% | +74.6% |
| Anthem BiosciencesJul 2025 | 183x | 42.4x | 5.64x | 63.9x | ₹3,584 Cr | +26.9% | +31.1% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Axis Capital | 107 | +20.4% | 73% |
| Jefferies India | 26 | +19.5% | 81% |
| Kotak Mahindra Capital Company | 83 | +20.8% | 76% |
| Nomura Financial Advisory and Securities (India) | 27 | +16.0% | 56% |
| SBI Capital Markets | 56 | +16.7% | 61% |
| 360 ONE WAM | 3 | +12.8% | 100% |
Offer documents (NSE)
Frequently asked
What is the Dhoot Transmission IPO price band and lot size? ₹829–871 per share, with a lot of 17 shares, so the smallest retail bid is ₹14,807.
How many times has it been subscribed? 74.2x overall: QIB 213x, NII 51.9x, retail 8.12x, employees 8.14x.
How did it list? It opened at ₹1,200, +37.8% against the issue price of ₹871, and closed its first day +36.3%.
