IPO’s coming this week hits the market with big GMP & probably big profits after listing. We have a frenzy of IPO’s with companies Dhoot Transmission Limited, Ardee Engineering Limited & Technocraft ventures open for subscription this week.

All three IPO’s are being traded in the secondary market with good Grey Market Premium (GMP) and sees a massive surge in GMP today.

Below are the GMP, Allotment date, Price Range and all other details as of 06-Aug:

Dhoot Transmission Limited: Price Range- ₹ 829-871 per share, Lot Size- 17 Shares, GMP- ₹ 260, Profit Per lot- ₹ 4420. IPO rating – 79.8/100
Open Date– 10 Aug, Closing Date– 12 Aug, Allotment Date – 13 Aug, Listing Date– 17 Aug.



Technocraft Ventures: Price Range- ₹ 200-212 per share, Lot Size- 70 Shares, GMP- ₹ 13, Profit Per lot- ₹ 910.
Open Date– 07 Aug, Closing Date– 11 Aug, Allotment Date – 12 Aug, Listing Date– 14 Aug.

Ardee Engineering Limited: Price Range- ₹ 50-53 per share, Lot Size- 281 Shares, GMP- ₹ 15, Profit Per lot- ₹ 4215.
Open Date- 05 Aug, Closing Date- 07 Aug, Allotment Date – 10 Aug, Listing Date- 12 Aug.

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