· Mainboard · NSE, BSE
Price Band
₹829–871
Lot Size
17 shares
Issue Size
₹3,067 Cr
Min. Investment
₹14,807
Indicative, updates through the day
Cap price plus current GMP: ₹1133 — arithmetic, not a forecast
Dhoot Transmission IPO is a Mainboard issue that listed on NSE, BSE on 17 August 2026. The issue price band is fixed at ₹829–₹871 per equity share with a minimum market lot size of 17 shares, bringing the total issue size to ₹3,067 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹14,807.
The latest unlisted Grey Market Premium (GMP) for Dhoot Transmission IPO is quoted at ₹262, representing a premium of approximately 30.08% over the upper price band of ₹871. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹1,133, and informal quotes have risen over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
As per the latest exchange feeds from BSE and NSE, Dhoot Transmission IPO has been subscribed 75.02x overall — with QIB at 209.02x, NII at 53.11x, bNII at 59.41x, sNII at 40.5x, Retail at 8.25x, Employee at 8.53x, representing over 52,65,396 retail and institutional applications. When the retail category is oversubscribed, SEBI regulations mandate that allotment is determined via an automated computerized lottery where each valid PAN gets one equal chance.
The minimum investment for retail investors is one lot of 17 shares (approx. ₹14,807 at the cut-off price), while the maximum retail bid is capped at 13 lots (under ₹2,00,000). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is KFin Technologies Ltd., with the basis of allotment finalised on 13 August 2026 and listing completed on 17 August 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹871
Listed At
₹1200
Current Price
₹1187.05
Incorporated in April 1998, Dhoot Transmission Limited is one of India's leading electrical and electronics (E&E) companies engaged in the design, engineering, manufacturing, and supply of wiring harnesses and electrical distribution systems for automotive and non-automotive applications. The company offers a diversified product portfolio comprising wiring harnesses, battery packs, sensors and electronic controllers, automotive switches, terminals, connectors, and power supply cords, catering to both internal combustion engine (ICE) and electric vehicle (EV) platforms. The company is among the top two players in India's two-wheeler (2W) and three-wheeler (3W) wiring harness market, with a 41% market share and is a leader in the electric 2W and 3W segment with a market share of nearly 70% in Fiscal 2026. Its products are also used in commercial vehicles, off-highway vehicles, farming equipment, and industrial applications. Approximately 95% of its automotive product portfolio is EV-focused or powertrain-neutral, positioning the company to benefit from electrification, premiumization, connected vehicles, and automation trends. Dhoot Transmission has established long-term relationships with leading automotive OEMs while maintaining a diversified customer base and robust financial performance. 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 raises ₹918.27 crore from anchor investors. Dhoot Transmission IPO Anchor bid date is August 7, 2026.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 1,75,71,096 | 50% |
| − Anchor Investor | 1,05,42,657 | 0% |
| − QIB (Ex. Anchor) | 70,28,439 | 0% |
| NII (HNI) | 52,71,330 | 15% |
| − bNII > ₹10L | 35,14,220 | 0% |
| − sNII < ₹10L | 17,57,110 | 0% |
| Retail | 1,22,99,768 | 35% |
| Employee | 75,853 | 0% |
| Application | Lots | 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 | 1139 | ₹9,92,069 |
| B-HNI (Min) | 68 | 1156 | ₹10,06,876 |
EPS (Pre IPO)
21.06
EPS (Post IPO)
19.40
ROE
16.55%
P/E (Pre IPO)
41.36
P/E (Post IPO)
44.9
Price / Book
5.82
Market Cap
₹16,415.53 Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| SEDEMAC Mechatronics Ltd. | 126.91 | ₹1,087.35 Cr | |
| Tenneco Clean Air India Ltd. | 28.97 | ₹3,600.00 Cr | |
| Studds Accessories Ltd. | 33.06 | ₹455.49 Cr | |
| LAPL Automotive Ltd. | 9.91 | ₹32.40 Cr | |
| Poojaa Precision Engg.Ltd. | 14.25 | ₹159.83 Cr | |
| Happy Steels Ltd. | 9.76 | ₹25.00 Cr |
Dhoot Transmission Ltd. Address
KFin Technologies Ltd.