Dhoot Transmission IPO: dates, price band, lot size and GMP
Dhoot Transmission IPO listed on 17 Aug at ₹1,200 (NSE, BSE). Issue dates 10 – 12 Aug 2026, price band ₹871, lot 17 shares. The shares now trade on the exchange; any pre-IPO price on this site is historical.
Updated 6 Oct 2026, 14:11 IST. Dated dealer references.
BuyUnlistedShares tracks 197 IPOs on its calendar; the Dhoot Transmission IPO has a price band of ₹871, a lot of 17 shares and no grey-market premium reported yet as of 06 Oct 2026.
Key details
| Board | Mainboard |
|---|---|
| Issue dates | 10 – 12 Aug 2026 |
| Price band | ₹871 |
| Lot size | 17 shares |
| Issue size | ₹3,066.89 Cr |
| Fresh issue | ₹1,400 Cr |
| Offer for sale | ₹1,666.89 Cr |
| Subscription | 75.06x |
| Registrar | Kfin Technologies Ltd. |
| Lead managers | Axis Capital Ltd., Jefferies India Pvt.Ltd., Kotak Mahindra Capital Co.Ltd., Nomura Financial Advisory & Securities (India) Pvt.Ltd., SBI Capital Markets Ltd., 360 One WAM Ltd. |
| Status | Listed |
Timeline
- Issue opens: 10 Aug
- Issue closes: 12 Aug
- Allotment: 13 Aug
- Refunds: 14 Aug
- Demat credit: 14 Aug
- Listing: 17 Aug
Live subscription
| Category | Subscribed |
|---|---|
| QIB | 209.02x |
| NII | 53.13x |
| sNII | 40.56x |
| bNII | 59.41x |
| Retail | 8.32x |
| Total | 75.06x |
Last updated 12 Aug 2026, 6:55 PM IST.
Issue details
| Face value | ₹2 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | NSE, BSE |
| Market cap at the upper band | ₹17,816 Cr |
| P/E (pre-issue) | 41.36x |
| P/E (post-issue) | 44.9x |
| Fresh issue (shares) | 1,60,80,445 |
| Offer for sale (shares) | 1,91,37,602 |
| Total shares offered | 3,52,18,047 |
| Promoter holding pre-issue | 100% |
| Promoter holding post-issue | 82.78% |
| Promoters | BC Asia Investments XV Ltd., Rahul Radhavallabh Dhoot |
| Lead managers | Axis Capital Ltd., Jefferies India Pvt.Ltd., Kotak Mahindra Capital Co.Ltd., Nomura Financial Advisory & Securities (India) Pvt.Ltd., SBI Capital Markets Ltd., 360 One WAM Ltd. |
| Registrar phone | 040-79615565 |
| Registrar email | dhoot.ipo@kfintech.com |
| Company website | dhoottransmission.com |
| Anchor bid date | 7 Aug 2026 |
| Anchor lock-in ends (50%) | 11 Sep 2026 |
| Anchor lock-in ends (remaining) | 10 Nov 2026 |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 17 | ₹14,807 |
| Retail (maximum) | 14 | 238 | ₹2,07,298 |
| sNII (minimum) | 14 | 238 | ₹2,07,298 |
| bNII (minimum) | 68 | 1,156 | ₹10,06,876 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| Anchor Investor | 29.9% | 1,05,42,657 | |
| QIB | 20% | 70,28,439 | Not more than 50% of the Net Issue |
| NII (HNI) | 15% | 52,71,330 | Not less than 15% of the Net Issue |
| sNII | 5% | 17,57,110 | |
| bNII | 10% | 35,14,220 | |
| Retail | 34.9% | 1,22,99,768 | Not less than 35% of the Net Issue. |
| Employee | 0.2% | 75,853 |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 10 Aug | 0.06x | 1.02x | 1.61x | 0.86x | 0.76x | 0.62x |
| Day 2 · 11 Aug | 4.60x | 10.87x | 11.38x | 10.62x | 3.05x | 3.99x |
| Day 3 · 12 Aug | 209.02x | 53.13x | 40.56x | 59.41x | 8.32x | 75.06x |
Key ratios as of 31 Mar 2025
| EPS (pre-issue) | ₹21.06 |
|---|---|
| EPS (post-issue) | ₹19.4 |
| P/E (pre-issue) | 41.36x |
| P/E (post-issue) | 44.9x |
| RoNW | 36.18% |
| RoCE | 29.66% |
| RoE | 35.6% |
| PAT margin | 10.19% |
| EBITDA margin | 17.15% |
| Price / book | 12.76x |
| NAV per share | ₹68.25 |
| Debt / equity | 0.78 |
| Market cap (upper band) | ₹17,816 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 4,114.83 | 2,336.23 | 1,711.7 | +76.1% |
| Total Income | 4,563.7 | 3,472.24 | 2,799.32 | +31.4% |
| Profit After Tax | 396.84 | 353.89 | 298.75 | +12.1% |
| EBITDA | 710.99 | 590.96 | 512.4 | +20.3% |
| NET Worth | 2,397.15 | 978.18 | 741.01 | +145.1% |
| Reserves and Surplus | 2,360.4 | 961.53 | 724.74 | +145.5% |
| Total Borrowing | 841.39 | 776.06 | 554.9 | +8.4% |
About Dhoot Transmission
Dhoot Transmission Group is a global automotive component manufacturer specializing in advanced wiring harness systems and electrical solutions. The company has established a strong presence in the two-wheeler and three-wheeler segments while also catering to passenger vehicles, commercial vehicles, off-road equipment, agricultural machinery, and electric mobility platforms across international markets. The company offers a diversified product portfolio that includes wiring harnesses, automotive switches, electronic sensors, controllers, connectors, terminals, automotive cables, power cords, and battery pack solutions.
Its products are designed for a wide range of applications across the automotive, industrial, medical device, and consumer appliance sectors. Over the past two decades, Dhoot Transmission Group has evolved from a wiring harness manufacturer into a comprehensive provider of electrical and electronic systems. The company has expanded its expertise into automotive electronics, connection technologies, sensors, controllers, and switching solutions, enabling it to address the growing technological requirements of modern vehicles and equipment.
With the increasing adoption of electric mobility, the company has developed a dedicated EV product portfolio that includes charging guns, charging inlets, off-board chargers, residual current devices (RCDs), high-voltage and low-voltage wiring harnesses, and lithium-ion battery assembly solutions. These offerings support both internal combustion engine (ICE) and electric vehicle (EV) ecosystems, positioning the company to benefit from evolving transportation and mobility trends.
Through continuous product innovation, engineering expertise, and a broad manufacturing capability, Dhoot Transmission Group serves a diverse customer base across multiple industries and geographies, reinforcing its position as a leading provider of automotive electrical and electronic solutions.
Objects of the issue
- Repayment/prepayment, in full or in part, of all or certain outstanding borrowings availed by the Company — ₹464.8 Cr
- Investment in certain of our Subsidiaries, namely, Dhoot Autocomponents Private Limited, Dhoot Electricals Systems Private Limited, Dhoot Automotive Systems Private Limited and Dhoot Transmission UK Limited, for repayment/prepayment, in full or part, of all or certain of the outstanding borrowings availed by these Subsidiaries. — ₹301.77 Cr
- Setting up of a new wiring harness manufacturing plant of the Company at (i) Sector 11, Jhajjar, Haryana, India; and (ii) Shoolagiri, Hosur, Tamil Nadu, India — ₹150 Cr
- Funding inorganic growth through unidentified acquisitions and general corporate purposes(1) — ₹410.41 Cr
- Issue Expenses — ₹159.96 Cr
Net proceeds: ₹1,486.94 Cr
Peer comparison
| Company | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Dhoot Transmission Ltd. (issuer) | 24.4 | 24.4 | 149.74 | — | 16.55% | — | Consolidated |
| Minda Corporation Ltd | 15.31 | 15.07 | 110.58 | 46.49x | 13.63% | 6.36 | Consolidated |
| Uno Minda Ltd | 20.78 | 20.75 | 118.36 | 56.87x | 17.53% | 10 | Consolidated |
| Motherson Sumi Wiring India Ltd | 0.94 | 0.94 | 3.26 | 43.24x | 28.92% | 13.33 | Consolidated |
| Sona Blw Precision Forgings Ltd | 10.3 | 10.3 | 96.23 | 74.64x | 10.7% | 8 | Consolidated |
Notes: Financial information of the Company has been derived from the Restated Consolidated Financial Information as of and for the financial year ended March 31, 2026. All the financial information for listed industry peer is on a consolidated basis and is sourced from the financial information of such listed industry peer available on the website of the stock exchanges/annual report, as of and for year ended March 31, 2026.
Offer documents: DRHP (PDF) · RHP (PDF)
Track this issue
- Dhoot Transmission IPO GMP today and trend
- Dhoot Transmission IPO subscription status, day by day
- Dhoot Transmission IPO allotment status and how to check
Frequently asked questions
When does the Dhoot Transmission IPO open and close?
The issue is scheduled for 10 – 12 Aug 2026.
What is the Dhoot Transmission IPO price band?
The price band is ₹871 per share with a lot size of 17 shares.
How big is the Dhoot Transmission IPO?
The total issue size is ₹3,066.89 Cr, of which ₹1,400 Cr is a fresh issue and ₹1,666.89 Cr an offer for sale.
When will Dhoot Transmission list?
The tentative listing date is 17 Aug on the main board.
How do I apply for the Dhoot Transmission IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Dhoot Transmission · as filed with SEBI · chittorgarh.net
- Red herring prospectus (RHP), Dhoot Transmission · as filed · sebi.gov.in
- Registrar allotment page, Kfin Technologies Ltd. · allotment 13 Aug · ipostatus.kfintech.com
- NSE public issues page · listing 17 Aug · nseindia.com
- BSE public issues page · listing 17 Aug · bseindia.com
- Dhoot Transmission company website · dhoottransmission.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 17 Aug, 03:24 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Dhoot Transmission IPO”, https://buyunlistedshares.com/ipo/dhoot-transmission-ipo, as of 06 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk: the unlisted and pre-IPO dealing desk of Gayatri Financial Synergy, Faridabad, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.
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