Dhoot Transmission IPO
GMP, Subscription, Price, Dates & Financial Details
Auto Components
Incorporated in 1998, Dhoot Transmission Limited is one of India's leading automotive electrical and electronic (E&E) component manufacturers, specializing in the design, development, and manufacture of advanced electrical distribution and electronic systems for the automotive industry.The…
Open Date
Mon, 10 Aug 2026
Close Date
Wed, 12 Aug 2026
Price Band
₹ 829 – 871
Lot Size
17
Issue Size
₹ 3,066.89 Cr
Minimum Investment
₹ 14,807 (17 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Dhoot Transmission IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹3,066.89 Crore, comprising a fresh issue of 1.61 Crore equity shares aggregating to ₹1,400.00 Crore and an offer for sale (OFS) of 1.91 Crore equity shares aggregating to ₹1,666.89 Crore by the existing shareholders.
The Dhoot Transmission IPO remained open for subscription from August 10, 2026, to August 12, 2026. The basis of allotment was finalized on August 13, 2026, and the company's shares were listed on the NSE and BSE on August 17, 2026.
The company had fixed the price band at ₹829 to ₹871 per share, with a lot size of 17 shares. Retail investors were required to make a minimum investment of ₹14,807 (based on the upper price band) to apply for one lot.
The IPO also included a reservation of 75,853 equity shares for eligible employees, who received a discount of ₹80.00 per share.
KFin Technologies Limited served as the registrar to the issue. Axis Capital Limited, Jefferies India Private Limited, SBI Capital Markets Limited, Kotak Mahindra Capital Company Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd, and 360 ONE WAM Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Dhoot Transmission Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Dhoot Transmission IPO Timeline (Tentative)
- IPO Open Date
- Mon, 10 Aug 26
- IPO Close Date
- Wed, 12 Aug 26
- Basis of Allotment
- Thu, 13 Aug 26
- Initiation of Refunds
- Fri, 14 Aug 26
- Credit of Shares to Demat
- Fri, 14 Aug 26
- Listing Date
- Mon, 17 Aug 26 — BSE & NSE
Open Date
10 August 2026
Close Date
12 August 2026
Basis Of Allotment
13 August 2026
Listing Date
17 August 2026
IPO Subscription
Check Live Subscription →The Dhoot Transmission IPO has received bids for 1,85,19,71,585 shares against 2,51,25,390 shares offered, resulting in an overall subscription of 73.71x. the NII category is subscribed 48.95x, Retail Investors 8.31x, Employees 8.6x, and QIBs 209.02x. Within the NII category, BNII is subscribed 59.41x, while SNII is subscribed 40.56x.
QIB
209.02x
NII
48.95x
BNII
59.41x
SNII
40.56x
RII
8.31x
EMP
8.6x
Total
73.71x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 1,22,99,768 shares, representing 34.48% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 70,28,440 shares (19.71%), while Non-Institutional Investors (NIIs) receive 57,21,329 shares (16.04%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Anchor Investors | 10,542,657 | 29.56% |
| Qualified Institutions | 7,028,440 | 19.71% |
| Non-Institutional | 5,721,329 | 16.04% |
| BNII | 3,514,219 | 9.85% |
| SNII | 1,757,110 | 4.93% |
| Retail Investors | 12,299,768 | 34.48% |
| Employees | 75,853 | 0.21% |
| Total | 35,668,047 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 4114.83 | 2336.23 | 1711.7 |
| Revenue | 4563.7 | 3472.24 | 2799.32 |
| Profit After Tax | 396.84 | 353.89 | 298.75 |
| Net Worth | 2397.15 | 978.18 | 741.01 |
| Reserve & Surplus | 2360.4 | 975.98 | 724.74 |
| Total Borrowings | 841.39 | 776.06 | 554.9 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Dhoot Transmission Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 16.3 | 35.6 | 39.88 |
| ROCE % | 19.14 | 29.66 | 33.56 |
| Debt / Equity | 0.35 | 0.78 | 0.74 |
| RoNW % | 16.55 | 36.18 | 40.32 |
| Pat Margin % | 8.7 | 10.19 | 10.67 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Dhoot Transmission Ltd | 2 | 0 | 24.4 | 24.4 | 16.55 | 149.74 |
| Minda Corporation Ltd | 2 | 46.49 | 15.31 | 15.07 | 13.63 | 110.58 |
| Uno Minda Ltd | 2 | 56.87 | 20.78 | 20.75 | 17.53 | 118.36 |
| Motherson Sumi Wiring India Ltd | 1 | 43.24 | 0.94 | 0.94 | 28.92 | 3.26 |
| Sona Blw Precision Forgings Ltd | 10 | 74.64 | 10.3 | 10.3 | 10.7 | 96.23 |
About Dhoot Transmission Limited
Incorporated in 1998, Dhoot Transmission Limited is one of India's leading automotive electrical and electronic (E&E) component manufacturers, specializing in the design, development, and manufacture of advanced electrical distribution and electronic systems for the automotive industry.
The company's product portfolio includes wiring harnesses, battery packs, sensors, electronic controllers, automotive switches, and other electrical and electronic components catering to both Internal Combustion Engine (ICE) and Electric Vehicle (EV) platforms. Its solutions are widely used across two-wheelers, three-wheelers, commercial vehicles, off-highway vehicles, and industrial equipment.
Products and Solutions
Dhoot Transmission offers a diversified portfolio of automotive electrical and electronic products, including:
- Wiring Harnesses: Customized electrical distribution systems that enable power transmission and communication between vehicle components.
- Battery Packs: Battery assembly solutions designed for electric mobility applications.
- Sensors: Automotive sensors used for monitoring and controlling various vehicle functions.
- Electronic Controllers: Intelligent electronic control units (ECUs) that enhance vehicle performance, safety, and efficiency.
- Automotive Switches: High-quality switches for vehicle control systems and user interfaces.
Manufacturing and Engineering Capabilities
The company operates 22 manufacturing facilities across India, the United Kingdom, Slovakia, and Thailand, supported by engineering and design centres as well as strategically located warehouses near major automotive manufacturing hubs. This global manufacturing footprint enables Dhoot Transmission to efficiently serve domestic and international customers while maintaining high standards of quality, innovation, and timely delivery.
Business Model
Dhoot Transmission follows an integrated business model focused on:
- End-to-end product design and engineering
- In-house research and product development
- Backward integration for key manufacturing processes
- Large-scale precision manufacturing
- Long-term partnerships with leading automotive OEMs
This integrated approach enables the company to deliver customized, cost-effective, and technologically advanced solutions while ensuring quality, operational efficiency, and supply chain reliability.
Customer Base
The company supplies its products to several leading automotive original equipment manufacturers (OEMs), including:
- Bajaj Auto Limited
- TVS Motor Company Limited
- Honda Motorcycle & Scooter India Private Limited
- Royal Enfield (Eicher Motors Limited)
These long-standing customer relationships reflect the company's strong engineering capabilities, product quality, and reliability in the automotive components industry.
As of March 31, 2026, the company employed 2,735 full-time employees across manufacturing, R&D, engineering, sales, finance, and corporate functions.
Dhoot Transmission IPO Promoters
- BC Asia Investments XV Ltd.
- Rahul Radhavallabh Dhoot
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
82.77%
Dhoot Transmission IPO Objective
Dhoot Transmission Limited Address / Contact Details
Dhoot Transmission Ltd.
Gut No 312
Nanekarwadi, Chakan Tq Khed
Dist Pune, NA, Chakan
Pune, Maharashtra, 410501
Telephone: +91-24 3166 2600
Email: cs@dhoottransmission.com
Website: https://dhoottransmission.com/
IPO Snapshot
Dhoot Transmission IPO Lot Size
The Dhoot Transmission IPO has a lot size of 17 shares. Retail investors require a minimum investment of ₹14,807 by applying for 1 lot (17 shares). The maximum application allowed for the retail category is 13 lots (221 shares), requiring an investment of ₹1,92,491.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 17 | 14,807.00 |
| Retail (Max) | 13 | 221 | 192,491.00 |
| S-HNI (Min) | 14 | 238 | 207,298.00 |
| S-HNI (Max) | 67 | 1,139 | 992,069.00 |
| B-HNI (Min) | 68 | 1,156 | 1,006,876.00 |
Issue Reservation
- Anchor Investors — 29.56%
- QIB — 19.71%
- NII — 16.04%
- RII — 34.48%
- EMP — 0.21%
Book Running Lead Managers
- Axis Capital Limited
- Jefferies India Private Limited
- SBI Capital Markets Limited
- Kotak Mahindra Capital Company Limited
- Nomura Financial Advisory And Securities (India) Pvt Ltd
- 360 ONE WAM Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Dhoot Transmission IPO?
Dhoot Transmission IPO is a Book-building IPO with a total issue size of ₹3066.89 crore. The Dhoot Transmission IPO price band is ₹829 to 871 per share. The Dhoot Transmission IPO subscription opens on Mon, Aug 10, 2026, and closes on Wed, Aug 12, 2026. The Dhoot Transmission IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the Dhoot Transmission IPO.
When will the Dhoot Transmission IPO open for subscription?
The Dhoot Transmission IPO opens on Mon, Aug 10, 2026 and closes on Wed, Aug 12, 2026
What is Dhoot Transmission IPO Price Band?
Dhoot Transmission IPO Price Band is ₹829 to 871 per share.
What is Dhoot Transmission IPO Lot Size?
Dhoot Transmission IPO lot size is 17 shares, Retail investors need a minimum investment of ₹14807 based on the upper price band
What is the minimum investment for Dhoot Transmission IPO?
The minimum investment for Dhoot Transmission IPO is ₹14807, based on one lot of 17 shares at the upper price band of ₹871 per share.
How to apply for Dhoot Transmission IPO?
Investors can apply for the Dhoot Transmission IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Aug 12, 2026. The application amount remains blocked until the Dhoot Transmission IPO allotment is finalized.
What is Dhoot Transmission IPO Issue Size?
Dhoot Transmission IPO issue size is ₹3066.89 crores.
What is the Dhoot Transmission IPO Allotment Date?
Dhoot Transmission IPO allotment date is Thu, Aug 13, 2026.
Who is the Dhoot Transmission IPO Registrar?
The registrar for Dhoot Transmission IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Dhoot Transmission IPO allotment status, refund processing, and other IPO-related information.
What is the Dhoot Transmission IPO GMP?
The Dhoot Transmission IPO GMP (Grey Market Premium) is ₹257 as of Sat, Aug 15, 2026. Based on the upper price band of ₹871 per share, the estimated Dhoot Transmission IPO listing price is ₹1128, indicating a potential listing gain of approximately 29.51% over the issue price.
Who is the Dhoot Transmission IPO Lead Manager?
The book-running lead managers (BRLMs) for the Dhoot Transmission IPO are Axis Capital Limited, Jefferies India Private Limited, SBI Capital Markets Limited, Kotak Mahindra Capital Company Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd and 360 ONE WAM Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Dhoot Transmission IPO Red Herring Prospectus (RHP).