IPO GMP Today Live Updates: Dhoot Transmission, Milky Mist, Shiprocket & Behari Lal IPOs in Focus: Check GMP, Subscription & Analyst Views

retained text

IPO GMP Live: Four IPOs—Dhoot Transmission, Milky Mist Dairy Food, Shiprocket and Behari Lal Engineering—are attracting strong investor interest, with subscription data, GMP trends and analyst views providing key insights into their listing prospects and whether investors should consider subscribing.
Aditya Birla Money Research has recommended subscribing to the Shiprocket IPO, citing the company’s leadership in India’s commerce enablement ecosystem, a scalable merchant base, improving operating leverage and multiple avenues for monetisation.
The brokerage highlighted Shiprocket’s presence across shipping, fulfilment, cross-border commerce, checkout and merchant solutions. Its core business accounted for 73.4% of FY26 revenue and grew at a 17% CAGR, while emerging businesses expanded at a significantly faster 52.6% CAGR and contributed 26.6% of FY26 revenue.
Anand Rathi has assigned a ‘Subscribe-Long Term’ rating to Behari Lal Engineering’s maiden public issue, stating that the IPO is fairly priced. The brokerage highlighted the company’s in-house engineering, design and material development capabilities, supported by stringent quality standards and customer qualification processes.
Its integrated manufacturing operations allow it to cater to a wide range of critical industrial applications and end-use sectors. Anand Rathi also noted that the company’s long-standing customer relationships and diversified product portfolio provide a degree of resilience to its business.
Behari Lal Engineering operates two manufacturing facilities in Mandi Gobindgarh, Punjab, and has recently begun construction of a third plant in the Fatehgarh Sahib district.
The company manufactures metal rolls, engineering castings, alloy steel products and forging ingots, catering to industries such as steel, power and heavy engineering.
Behari Lal Engineering will utilise the proceeds from the fresh issue to purchase and install equipment and machinery, including computers and peripherals, along with undertaking related civil work at its manufacturing facilities.
The company also plans to deploy part of the funds towards installing rooftop solar panels at both facilities, repaying or pre-paying certain borrowings, and meeting general corporate expenses.
Founded in July 2014, Milky Mist Dairy Food is a rapidly growing Indian packaged food company offering a wide range of premium and value-added dairy products. Its product portfolio includes cheese, paneer, butter, curd, ghee, yogurt, ice cream, UHT products, frozen foods, ready-to-eat (RTE) and ready-to-cook (RTC) foods, as well as chocolates.
The company markets its products under the flagship Milky Mist brand and sub-brands such as SmartChef, Capella, Misty Lite, Briyas and Asal. It operates an integrated farm-to-consumer model, procuring milk directly from farmers and processing it at automated manufacturing facilities. Milky Mist also has an in-house cold-chain logistics network and a multi-channel distribution system, allowing it to reach consumers across India.
Milky Mist Dairy Food reported a significant improvement in its financial performance in FY26, with total income rising 34% year-on-year to Rs 3,145.01 crore, compared with Rs 2,354.79 crore in FY25.
The company also recorded a sharp increase in profitability, with profit after tax (PAT) surging 176% year-on-year to Rs 127.01 crore in FY26, from Rs 46.07 crore in the previous financial year.
Shiprocket is a technology-driven e-commerce enablement platform that helps businesses manage online and offline commerce through an integrated suite of solutions. Its offerings cover shipping, checkout, payments, fulfilment, cross-border commerce and customer experience, enabling merchants to manage multiple aspects of their operations through a single platform.
The company initially focused on shipping and logistics, helping businesses streamline operations through automated pickups, shipment tracking, secure deliveries, weight verification and faster cash-on-delivery settlements. Over time, Shiprocket has expanded its presence to build a broader commerce ecosystem for merchants.
Its portfolio now includes fulfilment centres, cargo and heavy logistics, omnichannel commerce through Shiprocket Omuni, international shipping with customs support, advertising and marketing services, checkout and payment solutions, business financing and hyperlocal delivery, among other merchant-focused offerings.
Shiprocket plans to use the net proceeds to strengthen its technology platform, expand operations and accelerate growth initiatives. The company has allocated Rs 294 crore towards marketing and brand-building activities, while Rs 211 crore will be invested in upgrading technology infrastructure and capabilities across its core and emerging business segments.
About Rs 210 crore will be used to repay or prepay certain borrowings, including accrued interest. The remaining proceeds will be earmarked for potential inorganic growth opportunities, including acquisitions yet to be identified, as well as general corporate purposes.
Four IPOs, Shiprocket, Milky Mist, Dhoot Transmission and Behari Lal Engineering- are in focus as investors track subscription numbers, GMP and listing prospects. Here’s what investors need to know about each issue before making an investment decision.
Shiprocket, Milky Mist, Dhoot Transmission and Behari Lal Engineering are attracting investor attention amid strong subscription trends and positive GMP signals. Here’s a look at their subscription status, grey-market premiums, allotment updates, and analyst recommendations.
Behari Lal Engineering IPO was subscribed 2.03 times on Day 1, with retail investors subscribing 2.70 times. Its GMP of Rs 74 signals a potential 26% listing gain. Anand Rathi and SBI Securities have recommended subscribing, citing expansion plans and growth prospects.
Dhoot Transmission IPO allotment is a key event for investors following strong subscription demand. Investors can check their allotment status through the IPO registrar or stock exchange websites. Successful applicants will receive shares in their demat accounts, while funds for unsuccessful bids will be released.
Milky Mist IPO enters its final day after being subscribed 2.17 times on Day 2. Its GMP of Rs 20 indicates a potential 15% listing gain. Anand Rathi has assigned a ‘Subscribe - Long Term’ rating despite valuation concerns.
Shiprocket IPO enters Day 2 with the issue 97% subscribed on Day 1. Its GMP of Rs 34 indicates a potential 35% listing gain. Analysts including Aditya Birla Money Research, BP Wealth and Geojit have recommended subscribing, citing its e-commerce positioning and growth potential.

document fetched 2026-08-13 07:23