DHOOT TRANSMISSION LIMITED
₹ 829 - ₹ 871
10-Aug-2026 - 12-Aug-2026
₹ 14807.00

/ 17 Shares

DHOOT TRANSMISSION LIMITED

10-Aug-2026 - 12-Aug-2026

₹ 829 - ₹ 871

Price Band

₹ 14807.00

Minimum Investment

17

Bid Lot

35,142,195

Shares
  • Face Value - ₹ 2/- Per Share

  • Listing at NSE BSE

  • 723,515 Application Required in Retail for 1 Time.

  • Registrar : KFin Technologies Limited

IPO Details

Fresh Issue of Equity Shares aggregating up to RS. 1,400 Cr and Offer for Sale of up to 19,137,602 Equity Shares

Category % Shares/Amount
QIB 50% 17,571,096 Shares RS.1530.44 CR
HNI 1 5% 1,757,110 Shares RS.153.04 CR @ 7383 FORM 1X
HNI 2 10% 3,514,220 Shares RS.306.09 CR @ 14766 FORM 1X
Retail 35% 12,299,769 Shares RS.1071.31 CR @ 723516 FORM 1X
Employee 0% 75,854 Shares RS.6.00 CR

BRLMs: Axis Capital, Jefferies India, Kotak Mahindra Capital, Nomura Financial Advisory, SBI Capital Markets, 360 ONE WAM


Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
723516 FORM 1X 7383 FORM 1X 14766 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 17 ₹ 14,807
Retail (Upto 2 Lakh) 13 221 ₹ 192,491
S-HNI (2 Lakh to 10 Lakh) 14 238 ₹ 207,298
S-HNI (2 Lakh to 10 Lakh) 67 1139 ₹ 992,069
B-HNI (Above 10 Lakh) 68 1156 ₹ 1,006,876

IPO Timeline

  • Open Date

    10-Aug-2026
  • Close Date

    12-Aug-2026
  • Basis of Allotment Date

    13-Aug-2026
  • Initiation of Refunds

    14-Aug-2026
  • Credit Shares to Demat A/c

    14-Aug-2026
  • IPO Listing Date

    17-Aug-2026

About Company

  • q Incorporated in 1998, Dhoot Transmission is one of India’s leading electrical and electronics (E&E) companies. The company is engaged in the design, engineering, manufacturing and supply of critical, wiring harnesses that integrate electronic sensors and controllers, switches, terminals, connectors, junction boxes, high-voltage interconnection systems and data cables, delivering robust, application-specific architectures across platforms.
  • q The company’s offerings also include battery packs, sensors, controllers, switches and power supply cords, while products such as side stand sensors and temperature sensors are under development.
  • q Dhoot Transmission is one of the largest manufacturers of wiring harnesses for the 2W and 3W segments. Furthermore, it is amongst the top two players in the wiring harnesses for two-wheelers (2W) and three-wheelers (3W) in India. The company’s market share in fiscal 2026 was 41% (value terms) in the 2W and 3W market in India.
  • q In India, the company is a leader in wiring harnesses for the electric 2W and 3W segments, with a market share close to 70% in fiscal 2026.
  • q The company supplies its products and systems to OEMs, directly and through tier 1 and tier 2 component manufacturers and serves both Indian and global OEM customers.
  • q The company’s customers include leading 2W and 3W OEMs across both internal combustion engine (ICE) and electric vehicle (EV) segments, including Bajaj Auto Ltd., TVS Motor Company Ltd., Royal Enfield and Honda Motorcycle and Scooter India Pvt. Ltd. in the 2W segmentand Bajaj Auto Ltd. and TVS Motor Company Ltd. in the 3W segment.
  • q As of March 31, 2026, the company had 22 operational manufacturing facilities3 engineering and design support centres, and 7 warehouses across India and key international locations. As on date, the company had 23 operational manufacturing units in India and overseas, along with 2 manufacturing plants under construction in India.
  • q The company has demonstrated strong growth in profitability over the last three fiscals, with profit after tax increasing from ?298.75 crore in FY2024 to ?396.84 crore in FY2026, reflecting a CAGR of 32.84%.
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Strengths

Competitive Strength 

Business Strategies 

Company Promoters

Company Financials

Dhoot Transmission Ltd.'s revenue increased by 31% and profit after tax (PAT) rose by 12% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 4,114.83 2,336.23 1,711.70
Total Income 4,563.70 3,472.24 2,799.32
Profit After Tax 396.84 353.89 298.75
EBITDA 710.99 590.96 512.40
NET Worth 2,397.15 978.18 741.01
Reserves and Surplus 2,360.40 961.53 724.74
Total Borrowing 841.39 776.06 554.90
Amount in ? Crore

Objects of the Issue

# Issue Objects Est Amt (? Cr.)
1 Repayment/prepayment, in full or in part, of all or certain outstanding borrowings availed by the Company 464.80
2 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
3 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 150.00
4 Funding inorganic growth through unidentified acquisitions and general corporate purposes(1)  
  Total 916.58

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