{
  "id": 457182,
  "title": "Dhoot Transmission IPO subscribed 36% so far on day 1, brokerages largely bullish",
  "url": "https://urgent.news/2026/08/10/dhoot-transmission-ipo-subscribed-36-so-far-on-day-1-brokerages",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-10T10:15:39.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/dhoot-transmission-ipo-subscribed-36-so-far-on-day-1-brokerages-largely-bullish/article71327854.ece"
  },
  "original_language": "en",
  "account": "Dhoot Transmission's IPO saw a 36% subscription on its debut day, with brokerages expressing largely bullish sentiments. Qualified institutional buyers purchased 1% of the shares, while non-institutional investors subscribed for 55% of the portion. Retail investors made up 47% of the portion and employees 85%. Major brokerages like SBI Securities, Swastika Investment, Anand Rathi, Ventura Securities and Choice Broking recommended subscribing to the issue. Dhoot Transmission aims to raise ₹3,067 crore through the IPO, with ₹1,400 crore from a fresh issue and ₹1,666.89 crore from promoters. The price band is set at ₹829-871 per share, and the market lot size is 17 shares. The company has already received ₹918.3 crore from anchor investors, which will be used to retire debt and fund new manufacturing facilities. Post-IPO, Dhoot Transmission anticipates a cash surplus of ₹900-₹1,000 crore on a debt-free balance sheet.",
  "summary": "The Dhoot Transmission IPO saw a 36% subscription on the first day of bidding, with brokerages largely taking a positive view of the issue. Qualified institutional buyers subscribed 0.01 times, while non-institutional investors subscribed 0.55 times, retail investors subscribed 0.47 times, and employees subscribed 0.85 times. The auto components maker, backed by Bain Capital, aims to raise ₹3,067 crore through the IPO, with the price band set at ₹829-871 per share.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "What brokerages say on Dhoot Transmissions IPO that opens today at ₹829-871",
        "url": "https://urgent.news/2026/08/10/what-brokerages-say-on-dhoot-transmissions-ipo-that-opens-today-at",
        "published": "2026-08-10T01:51:30.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}