Dhoot Transmission IPO day 3: Issue subscribed 4 times so far; check latest GMP, issue review; should you apply or not?
New Delhi, Aug. 12 -- The initial public offering (IPO) of electrical and electronics company, Dhoot Transmission, is witnessing decent buying interest. The Rs.3,067 crore book build issue, which opened for public subscription on Monday, 10 August, and is to conclude on Wednesday, 12 August, has been fully subscribed.
By the end of the second day of subscription on Tuesday, the issue had seen an overall subscription of 3.94 times. The segment reserved for non-institutional investors(NIIs) has seen the strongest subscription of 10.62 times, while that of retail investors has been subscribed to 2.97 times. Qualified institutional buyers' (QIBs) portion has been booked 0.50 times.
Grey market continues to exhibit positive sentiment about t...
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