Dhoot Transmission and Molbio Diagnostics IPOs See Strong Debut with Premium Listings Shares of Dhoot Transmission and Molbio Diagnostics made a notable debut on the stock exchanges, with both companies listing at prices significantly higher than their initial public offering (IPO) prices. Dhoot Transmission's shares opened at Rs 1,200 on the BSE, marking a 37.77 per cent premium over the IPO price of Rs 871 per share. On the National Stock Exchange (NSE), the stock debuted at Rs 1193.80, a 37.06 per cent increase from the issue price. Molbio Diagnostics shares listed at Rs 980 on both the BSE and NSE, reflecting a 21.44 per cent premium over the IPO price of Rs 807. Both stocks are now available for trading, with the BSE confirming their listing under the 'B' Group of Securities. The IPOs received strong investor demand, with Dhoot Transmission's shares attracting 74.21 times subscription on the final day of the share sale. Molbio Diagnostics, meanwhile, saw a subscription rate of 70.26 times. Ahead of the listing, grey market premiums (GMP) indicated further upside potential. Molbio Diagnostics' unlisted shares were trading at a GMP of Rs 120, suggesting an expected listing price of around Rs 927, which would represent a 14.87 per cent premium over the IPO price. For Dhoot Transmission, the GMP stood at Rs 258, implying a projected listing price of Rs 1129, a 29.62 per cent premium over the issue price. The IPOs also reflected robust fundraising efforts. Molbio Diagnostics, a Goa-based point-of-care diagnostics company, raised Rs 281.5 crore from anchor investors before its public offering. The company is backed by major investors such as Temasek and Motilal Oswal Private Equity. Dhoot Transmission's Rs 3,067-crore IPO attracted bids for 1.#bse #nse #goa #dhoot_transmission #molbio_diagnostics
Five Indian Companies Set to Raise Over Rs 7,400 Crore in Upcoming IPOs Five companies, including e-commerce platform Shiprocket and dairy firm Milky Mist, are set to launch their initial public offerings (IPOs) next week, with a combined issue size expected to exceed Rs 7,400 crore. The IPOs will be opened for subscription on August 10 and 12, marking a significant week for India’s primary market. Dhoot Transmission and Molbio Diagnostics will begin subscriptions on August 10, followed by Milky Mist Dairy Food on August 11. Shiprocket and Behari Lal Engineering will open their public issues on August 12. Together, the five companies aim to raise approximately Rs 7,443 crore, reflecting a surge in corporate fundraising activity. The funds raised from these IPOs are primarily intended for business expansion, capital expenditure, debt repayment, and other corporate purposes. Dhoot Transmission, an auto components manufacturer, has fixed a price band of Rs 829-871 per share for its Rs 3,067-crore IPO. The offering includes a fresh issue of up to Rs 1,400 crore and an offer for sale (OFS) of up to 1.91 crore shares by promoters, including Bain Capital and Mangalam Capital. Molbio Diagnostics, a point-of-care diagnostics firm backed by Temasek and Motilal Oswal Private Equity, has set a price band of Rs 768-807 per share for its Rs 904-940 crore IPO. The issue comprises a fresh issue of up to Rs 200 crore and an OFS of up to 91.66 lakh shares. The International Finance Corporation (IFC), a private-sector investment arm of the World Bank Group, has returned to India’s mainboard IPO market by investing Rs 20 crore as an anchor investor in Goa-based Molbio Diagnostics.#dhoot_transmission #shiprocket #milky_mist_dairy_food #molbio_diagnostics #behari_lal_engineering
Dhoot Transmission IPO: Can it be the Next Motherson Sumi Wiring? India's IPO market has entered a slower phase after two years of record fundraising, with companies adopting a more cautious approach to public listings. Despite a 21% year-on-year decline in IPO fundraising in 2026, the market showed resilience in July, with 14 mainboard and over 20 SME IPOs launching across sectors. August 2026 is expected to see further activity, including the Dhoot Transmission IPO, which has drawn attention for its potential in the automotive sector. Dhoot Transmission, a leading electrical and electronics (E&E) company in India, specializes in wiring harnesses and electrical distribution systems for both internal combustion engines (ICE) and electric vehicles (EVs). Its product portfolio includes wiring harnesses, battery packs, switches, sensors, controllers, and high-voltage interconnection systems. The company also develops new offerings like side-stand sensors and temperature sensors to expand its capabilities. Dhoot Transmission serves major automotive original equipment manufacturers (OEMs) and holds a dominant position in India's two-wheeler and three-wheeler wiring harness market, with a 44.64% market share by value in FY25. It commands over 70% of the market for electric two-wheeler and three-wheeler wiring harnesses, positioning it as a key player in the fast-growing EV segment. The Dhoot Transmission IPO, valued at Rs 30.67 billion, is structured as a mix of a fresh issue and an offer for sale (OFS). The issue period runs from 10 to 12 August 2026, with a price band of Rs 829 to Rs 871 per share. The IPO includes a minimum application size of one lot (Rs 14,807) and allows investors to apply for up to 13 lots (Rs 192,491).#india #automotive_sector #ipo #dhoot_transmission #motherson_sumi_wiring
