Dhoot Transmission IPO launches at ₹3,067 crore; 30% gain expected

Public subscription for Dhoot Transmission’s ₹3,066.89-crore IPO began this Monday. Current grey market trends indicate a premium of ₹259. Given the top price band of ₹871, the stock is projected to list at ₹1,130, which marks a 30% increase. The subscription window remains open until August 12, and the finalization of share allotments is scheduled for August 13.