New Delhi, Aug. 17 — Dhoot Transmission share price made a blockbuster debut on the bourses today, Monday, 17 August. On NSE, Dhoot Transmission share price opened at Rs.1,200 per share, 37.77% higher than the issue price of Rs.871. On BSE, the stock opened at Rs.1,193.80 apiece, up 37.06% than the issue price.

The Dhoot Transmission IPO received a strong response from investors, with the initial public offering of the auto components maker subscribed 74.21 times on the last day of bidding on Wednesday.

The Rs.3,067-crore IPO received bids for 1,85,19,71,585 shares against 2,49,56,363 shares on offer, according to NSE data.

The Qualified Institutional Buyers (QIBs) category was subscribed 212.92 times, while the portion reserved for…