Dhoot Transmission’s ₹3,067-cr IPO opens; GMP signals 30% premium

Dhoot Transmission’s ₹3,066.89-crore IPO opened for public subscription on Monday. The latest grey market premium (GMP) stands at ₹259. With the issue’s upper price band set at ₹871, the estimated listing price is ₹1,130, representing a 30% premium. The IPO will close on August 12, with share allotment expected to be finalised on August 13.