Dhoot Transmission

Dhoot Transmission IPO

Listed

MainboardOpens 10 August 2026Closes 12 August 2026

Dhoot Transmission Limited (originally incorporated in 1998 as Dhoot Transmission Private Limited) is an Indian automotive component manufacturing company and a global leader in wiring harness solutions for two-wheelers…

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Price band
₹829 - ₹871
Issue size
₹3,066.89 Cr
Lot size
17 shares
Type
Mainboard
GMP
₹258 (+29.6%)
Est. listing
₹1,129
Est. profit / app
₹4,386
Retail quota
35.00%

Key ratios

As per RHP / filings
Face value
₹2
EPS
19.65
P/E ratio
44.33
RoNW
36.18%
ROE
35.6%
Debt / Equity
0.35
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Timeline

IPO Opens

10 Aug

IPO Closes

12 Aug

Allotment

13 Aug

Listing

17 Aug

IPO Timeline & Listing Details

EventDate
IPO Open Date10 August 2026
IPO Close Date12 August 2026
Allotment Date13 August 2026
Listing Date17 August 2026

Investment Categories

CategoryLotsAmount
Retail (Min)
1₹14,807
Retail (Max)Just less than ₹2,00,000
13₹1,92,491
SHNI (Min)Just above ₹2,00,000
14₹2,07,298
SHNI (Max)Below ₹10,00,000
67₹9,92,069
BHNIAbove ₹10,00,000
68₹10,06,876

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)50.00%
NII (Non-Institutional Investor)15.00%
SHNI (Small Non-Institutional Investor)5.00%
BHNI (Big Non-Institutional Investor)10.00%
Retail35.00%
Total100.00%

IPO Objectives

  • Repayment/prepayment, in full or in part, of all or certain outstanding borrowings availed by the Company (₹493.99 Cr).
  • Investment in certain Subsidiaries (Dhoot Autocomponents, Dhoot Electricals Systems, Dhoot Automotive Systems, Dhoot Transmission UK) for repayment/prepayment of borrowings (₹272.59 Cr).
  • Setting up of a new wiring harness manufacturing plant at (i) Sector 11, Jhajjar, Haryana, and (ii) Shoolagiri, Hosur, Tamil Nadu (₹150.00 Cr).
  • Funding inorganic growth through unidentified acquisitions and general corporate purposes.

Strengths

  • Global leader and market share dominance in wiring harness solutions for two-wheelers and three-wheelers in India.
  • Diversified portfolio spanning wiring harnesses, switches, electronic sensors, connectors, power cords, and EV battery systems.
  • Long-standing relationships with leading automotive OEMs across ICE and EV platforms.
  • Extensive manufacturing footprint comprising 19 plants in India and 3 international locations.

Weaknesses

  • Significant revenue concentration in the 2W and 3W automotive sectors in India.
  • Customer concentration risk, with top 10 customers contributing over 80% of operational revenue.
  • Exposure to volatility in prices of key raw materials like copper, brass, and polymers.
  • Absence of firm long-term volume commitments from OEM customers, relying on requirement-based purchase orders.
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Financial Performance

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets (₹ Cr.)4,114.832,336.231,711.7
Revenue (₹ Cr.)4,524.963,444.862,797.73
PAT (₹ Cr.)396.84353.89298.75
Net Worth (₹ Cr.)2,397.15978.18741.01

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Dhoot Transmission5.8244.3316.55%2,397.15
Sona BLW Precision Forgings8.147110.7%96.21
Motherson Sumi Wiring12.7344.1428.92%3.26

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB0.06x0.49x209.02x
NII1.02x10.87x53.13x
S-HNI1.61x11.38x40.56x
B-HNI0.86x10.62x59.41x
RII0.76x3.05x8.32x
EMP1.38x3.66x8.6x
Total0.62x3.99x75.06x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB70,28,4391,46,90,58,2811,27,954.98
NII52,71,33028,00,59,29224,393.16
Small NII17,57,1107,12,66,2106,207.29
Big NII35,14,22020,87,93,08218,185.88
RII1,22,99,76810,23,58,1228,915.39
EMP75,8536,52,39256.82
Total2,46,75,3901,85,21,28,0871,61,320.36
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Company Details

  • Dhoot Transmission Limited
  • Gut No. 102, Farola III, Paithan Road, Chhatrapati Sambhajinagar (erstwhile Aurangabad) - 431 105, Maharashtra, India
  • +91 24 3166 2600
  • cs@dhoottransmission.com
  • https://www.dhoottransmission.com/

Registrar Details

Frequently Asked Questions

What does Dhoot Transmission Limited do?
Dhoot Transmission Limited manufactures wiring harnesses, automotive switches, electronic sensors, connectors, and EV battery pack solutions for 2W, 3W, passenger, and commercial vehicles.
What are the IPO dates for Dhoot Transmission IPO?
The Dhoot Transmission IPO opens for subscription on August 10, 2026, and closes on August 12, 2026. The anchor investor bidding date is August 7, 2026.
What is the price band and minimum investment for Dhoot Transmission IPO?
The price band is fixed at ₹829 to ₹871 per equity share. Retail investors can apply for a minimum lot of 17 shares, requiring an investment of ₹14,807 at the upper price band.
What is the issue size of Dhoot Transmission IPO?
The total issue size is ₹3,066.89 Crores, comprising a Fresh Issue of ₹1,400.00 Crores and an Offer for Sale (OFS) of ₹1,666.89 Crores (19,137,602 shares).
What is the Dhoot Transmission IPO listing date?
The equity shares of Dhoot Transmission Limited are tentatively scheduled to list on BSE and NSE on August 17, 2026.

Dhoot Transmission IPO News & Updates

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Dhoot Transmission IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Sources

We match Dhoot Transmission IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • Kfin Technologies LimitedOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, and How allotment chances work.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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