IPO Details

Dhoot Transmission Limited IPO

Dhoot Transmission Limited logo
Mainboard IPO
₹14,093

Minimum Investment

Exchange Listed · NSE / BSESEBI Regulated Issue

About Company

Company Name: Dhoot Transmission Limited

Industry / Sector: Automotive Components - Wiring Harnesses & Assemblies

Founded Year: 1999

Promoters: Rahul Radhavallabh Dhoot

Dhoot Transmission Limited is a leading manufacturer of wiring harnesses, electronic controllers, sensors, battery packs, and automotive component assemblies in India. The company holds a dominant presence in the 2-wheeler and 3-wheeler wiring harness sectors, controlling over 37% market share in 2Ws and over 70% in 3Ws, while rapidly expanding its portfolio across electric vehicle (EV) platforms and commercial vehicle OEMs.

IPO Basic Details

Company NameDhoot Transmission Limited
IPO TypeMainboard IPO
Price Band₹829 – ₹871
Lot Size17 Shares
Total Issue Size3,52,18,047 Equity Shares (₹3,066.89 Cr)

IPO Strengths & Risks

Strengths

  • Market leadership in 2W and 3W wiring harness segment in India
  • Established footprint and rising revenue contribution from Electric Vehicle (EV) OEMs
  • Vertically integrated manufacturing infrastructure with 23 operational plants
  • Long-standing relationships with top automotive OEMs (average 13-year client relationship with top 5 customers)
  • Strong in-house R&D and design capabilities backed by 200+ specialized engineers

Risks

  • Customer concentration risk with top 10 OEM clients driving over 80% of revenue
  • Susceptibility to volatility in key raw material prices like copper and synthetic polymers
  • Cyclical demand slowdown risks inherent in the broader automotive sector
  • Foreign exchange rate fluctuations affecting overseas subsidiary operations

IPO Important Dates

IPO Open Date10 Aug 2026
IPO Close Date12 Aug 2026
Basis of Allotment13 Aug 2026
Refund Initiation14 Aug 2026
Demat Credit Date14 Aug 2026
Listing Date17 Aug 2026
Anchor Investor Date-
UPI Mandate Deadline-

IPO Objectives

  • Capital expenditure for machinery and equipment – -
  • Funding working capital requirements – -
  • Debt repayment – -
  • General corporate purposes – -

Investor Reservation

QIB QuotaNot more than 50.00% of Net Issue
Retail QuotaNot less than 35.00% of Net Issue
HNI Quota-
Employee Quota-
Shareholder Quota-
Anchor Investor Allocation-

Market Lot Details

ApplicationLot SizeSharesAmount
Retail Minimum1 Lot17₹14,807
Retail Maximum13 Lots221₹1,92,491
S-HNI Minimum14 Lots238₹2,07,298
S-HNI Maximum67 Lots1139₹9,92,069
B-HNI Minimum68 Lots1156₹10,06,876

Key Performance Indicators (KPI)

ROE16.30% (Mar 2026) / 35.60% (Mar 2025)
ROCE19.14% (Mar 2026) / 29.66% (Mar 2025)
RoNW-
PAT Margin8.70% (Mar 2026) / 10.19% (Mar 2025)
EBITDA Margin15.71% (Mar 2026) / 17.15% (Mar 2025)
EPS₹21.06 (Pre-IPO) / ₹19.40 (Post-IPO)
NAV per share-
Debt to Equity0.35 (Mar 2026) / 0.78 (Mar 2025)
P/E Ratio-
Industry P/E-

Company Financial Data

PeriodAssetsTotal IncomePATEBITDANet WorthBorrowings
FY2026 (31 Mar 2026)₹4,114.83 Cr₹4,563.70 Cr₹396.84 Cr₹710.99 Cr₹2,397.15 CrNot specified
FY2025 (31 Mar 2025)₹2,336.23 Cr₹3,472.24 Cr₹353.89 Cr₹590.96 Cr₹978.18 CrNot specified
FY2024 (31 Mar 2024)₹1,711.70 Cr₹2,799.32 Cr₹298.75 Cr₹512.40 Cr₹741.01 CrNot specified

Grey Market Premium

GMP PricePending / TBA
Kostak RateNot Available
Subject to SaudaNot Available
Last UpdatedAug 2026
Estimated Listing PriceTBA

IPO Subscription Data

Total SubscriptionPending
QIB (Ex Anchor)Pending
HNI SubscriptionPending
Retail SubscriptionPending
Anchor-

IPO Intermediaries

Registrar: KFin Technologies Limited

Registrar Website: https://kosmic.kfintech.com

IPO Lead Manager(s)

Axis Capital Ltd., ICICI Securities Ltd., IIFL Securities Ltd., HSBC Securities & Capital Markets (India) Pvt. Ltd.

Company Information

Address: Gut No. 312, Nanekarwadi, Chakan, Taluka Khed, Pune, Maharashtra - 410501

Website: https://www.dhoottransmission.com

Email: cs@dhoottransmission.com

Phone: +91 2431 662600

IPO Documents

Frequently Asked Questions (FAQ)

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