Dhoot Transmission shares list at 38% premium, 74x IPO subscription

Dhoot Transmission shares listed at nearly a 38% premium on Monday, following a 74.21-times subscription to its IPO. The shares listed at ₹1,200 on NSE and ₹1,193.80 on BSE, against the issue price of Rs 871. The ₹3,067-crore IPO valued the company at ₹24,418.95 crore after listing. It manufactures products such as wiring harnesses, electronic sensors, power cords and cables.