Summary
Dhoot Transmission IPO opens for subscription on August 10th, 2026 and closes on August 12th, 2026, with a price band of ₹829 to ₹871 per share.
This is a mainboard book-building IPO that will list on the NSE and BSE platforms on August 17th, 2026.
Dhoot Transmission IPO is a mainboard book-built IPO issuing both fresh shares and an offer for sale, which is scheduled to open on August 10th, 2026 and close on August 12th, 2026. The issue is fixed with a price band at ₹829 to ₹871, and is to be listed on both NSE and BSE platforms on August 17th, 2026.
The objective of this issue is to repay outstanding borrowings of the company and its subsidiaries, invest in its subsidiary companies, establish a new wiring harness manufacturing unit, and for general corporate purposes.
Dhoot Transmission IPO Key Details
The table below presents the essential details investors should know before applying for the Dhoot Transmission IPO.
| IPO Open Date | 10 August 2026 |
| Close Date | 12 August 2026 |
| Face value | ₹2 per share |
| Price Band | ₹829 to ₹871 |
| IPO Lot Size | 17 shares |
| Fresh issue | ₹1400 cr approx |
| Offer for Sale | 1,91,37,602 |
| Type of issue | Book-building |
| Listing at | NSE and BSE |
| Total Issue Size (₹ Crore) | ₹3,067 approx |
| Minimum Investment | 1 lot or 17 shares |
Dhoot Transmission IPO Timeline
Below is the complete schedule of events for the Dhoot Transmission IPO.
| Bid Opening | 10 August 2026 |
| Bid Closing | 12 August 2026 |
| Tentative Allotment | 13 August 2026 |
| Initiation of Refunds | 14 August 2026 |
| Credit of Shares to Demat | 14 August 2026 |
| Tentative Listing Date | 17 August 2026 |
| UPI mandate closing date | 12 August 2026 |
Key Performance Indicators of Dhoot Transmission IPO
These financial ratios highlight the company’s profitability, capital efficiency, and overall financial performance over the past three financial years.
| 31-03-2026 | 31-03-2025 | 31-03-2024 | |
| ROE (%) | 16.30 | 35.60 | 39.88 |
| ROCE (%) | 19.14 | 29.66 | 33.56 |
| Debt Equity (in times) | 0.35 | 0.78 | |
| RoNW (%) | 16.55 | 36.18 | 40.32 |
| PAT Margin (%) | 8.70 | 10.19 | 10.67 |
| EBITDA margin (%) | 15.71 | 17.15 | 18.311 |
| Price to book | 5.82 | 12.76 |
Dhoot Transmission IPO Financial Details
The Financial information of the Dhoot Transmission IPO is as follows.
| FY 2025-2026 | FY 2024-2025 | FY 2023-2024 | |
| Revenue | 4,524.95 | 3,444.86 | 2,799.31 |
| Total Asset | 4,114.82 | 2,336.23 | 1,711.69 |
| Profit | 396.84 | 353.88 | 298.74 |
(Amount in ₹ Crores)
Dhoot Transmission IPO Subscription Status
The subscription data is not available yet.
Bidding is open from 10:00 AM to 5:00 PM on public issue days.
Dhoot Transmission IPO Grey Market Premium (GMP)
The current status of the Grey Market Premium for the Dhoot Transmission IPO shows a GMP of ₹255. Therefore, according to the status, the estimated listing price is ₹1126, with an estimated gain of 29.28%.
| GMP Date | GMP | Est. Listing Price (cap price + GMP) | Est. Profit* | Last Updated |
|---|---|---|---|---|
| 06-08-2026 | ₹254 ▲ | ₹1125 (29.16%) | ₹4,318 | 6-Aug-2026 12:29 |
| 05-08-2026 | ₹253 ─ | ₹1124 (29.05%) | ₹4,301 | 5-Aug-2026 23:35 |
| 04-08-2026 | ₹253 ▲ | ₹1124 (29.05%) | ₹4,301 | 4-Aug-2026 23:29 |
| 03-08-2026 | ₹146 ─ | ₹146 (0.00%) | ₹0 | 3-Aug-2026 23:29 |
GMP is the premium value of the share in the unofficial market before it opens for subscription.
Dhoot Transmission IPO Reservation
The following table shows the distribution of shares reserved for retail investors, QIBs, and NIIs under the IPO.
| Investor Category | Offered No. of Shares |
| Market maker | |
| QIBs | Not more than 50% of the net issue |
| NIIs | Not less than 15% of the net issue |
| Retails | Not less than 35% of the net issue |
| Total |
Dhoot Transmission IPO Lot Sizes
Investors can refer to the minimum and maximum investment requirements for each investor category as per the prescribed lot size.
| Application | Lot | Shares | Amount |
| Retail (Min) | 1 | 17 | ₹14,807 |
| Retail (Max) | 13 | 221 | ₹1,92,491 |
| S-HNI (Min) | 14 | 238 | ₹2,07,298 |
| S-HNI (Max) | 67 | 1,139 | ₹9,92,069 |
| B-HNI (Min) | 68 | 1,156 | ₹10,06,876 |
Dhoot Transmission IPO Prospectus
Investors can access the offered prospectus for the Dhoot Transmission IPO mentioned below.
About Dhoot Transmission Ltd.
Dhoot Transmission Ltd. is one of India’s leading electrical and electronics companies, founded in 1998. They are among the top two companies in the 2-wheelers and 3-wheelers wiring harness market. The company designs, manufactures, and supplies wiring harnesses and electrical distribution systems for automotive applications. It includes a wide range of products, including battery packs, automotive switches, terminals, connectors, wiring harnesses, and power supply cords.
Promoters:
- Rahul Radhaballabh Dhoot
- BC Asia Investment XV Ltd.
| Book Runner | Axis Capital Ltd. |
| Issue Registrar | Kfin Technologies Ltd. |
Purpose of Dhoot Transmission IPO
The company intends to deploy the funds raised through this public issue toward specific operational and strategic goals, as detailed in the table below.
| Particulars | Amount in ₹ Crores |
| For repayment or prepayment of outstanding borrowings | 464.80 |
| For investment in company subsidiaries and to repay or prepay their outstanding borrowings | 301.77 |
| Setting up new wiring harness manufacturing plant | 150.0 |
| Funding inorganic acquisitions and General Corporate Purpose | _ |
| Total | _ |
Dhoot Transmission Ltd.- Strengths and benefits
- They are one of the leading companies in the 2-wheelers and 3-wheelers wiring harness market in India.
- They have well-maintained customer relationships with the top automotive companies and have positioned themselves on EV adoption, automation, and connected-vehicle trends.
- They have experienced management teams, proper R&D capabilities, and reputed investor support.
Dhoot Transmission Ltd- Risks and limitations
- A significant fraction of the revenue is generated from automotive companies, making it vulnerable to a decline in that industry.
- Disturbances in the global supply chain may heavily impact the company’s operations and financial performance.
- They depend on a limited number of major OEM customers. Hence, losing such a major customer may affect its revenue and profitability.
Dhoot Transmission IPO Review
Dhoot Transmission IPO is a mainboard bookbuilding IPO which is scheduled to open on 10 August 2026 and close on 12 August 2026. The company has shown significant growth in its financial performance, including its revenue and profitability. The shares are to be listed on both BSE and NSE on 17 August 2026.
However, investors must evaluate the IPO details carefully before making any investment decision.
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Dhoot Transmission IPO FAQs
Dhoot Transmission IPO is a book-building mainboard IPO through which the company plans to raise approximately ₹3,067 crore. The issue opens on 10 August 2026 and closes on 12 August 2026.
Eligible investors can apply through their bank’s ASBA facility or via online trading platforms offered by registered stockbrokers using a UPI-supported application.
The company has demonstrated steady financial growth and operates in a well-established automotive component business. Investors should assess its financials, valuation, industry outlook, and risks before investing.
The IPO opens for public subscription on 10 August 2026.
The minimum application consists of 1 lot (17 shares).
The tentative basis of allotment is expected to be finalised on 13 August 2026.
The shares are tentatively scheduled to be listed on the NSE and BSE on 17 August 2026.
