Five Indian IPOs Signal Grey Market Premiums Up to 28%

Five companies in India are getting ready to sell their shares to the public for the very first time.

These share sales are called IPOs.

The companies are Dhoot Transmission, Molbio Diagnostics, Milky Mist Dairy Food, Shiprocket, and Behari Lal Engineering.

Their IPOs will open between Monday, August 10, and Wednesday, August 12, 2026.

Before the IPOs open, some people trade in a special 'grey market' to guess the price.

The grey market thinks most of these shares will go up in value when they start trading.

Dhoot Transmission is expected to gain the most, around 28 percent.

Molbio Diagnostics, Milky Mist, Shiprocket, and Behari Lal Engineering are expected to gain less.

But the article warns that the grey market guess is not always right.

It says investors should check each company's financial records before buying shares.