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Grey market premiums signal up to 28% gains for five Indian IPOs
Dhoot Transmission and Molbio Diagnostics are set to open on 10 August 2026, with grey market GMPs pointing to expected listing prices around ₹1118 and ₹987 respectively.
LiveMint Markets says the grey market is indicating premium pricing of up to 28% for five mainboard IPOs that are scheduled to arrive in India’s primary market next week.
The report lists Dhoot Transmission and Molbio Diagnostics as opening on 10 August 2026, with Milky Mist Dairy Food opening on 11 August 2026 and Shiprocket and Behari Lal Engineering opening on 12 August 2026.
For Dhoot Transmission, the company has set an upper price band of ₹871 per equity share, while market observers cited a grey market premium of ₹247, implying a expected listing price around ₹1118 and a potential gain of up to 28% for lucky allottees.
For Molbio Diagnostics, the upper price band is ₹807, and observers cited a grey market premium of ₹180, implying a expected listing price around ₹987 and a potential gain of up to 22% for lucky allottees. The report also notes that Milky Mist Dairy Food’s IPO will open on 11 August 2026, with its grey market GMP and expected listing level discussed in the article.