GMP IPO Watch
Dhoot Transmission IPO 2026: 70% EV Wiring-Harness Share, ₹3,066.89 Crore Issue and Day-2 Investment Analysis
Dhoot Transmission IPO is open from August 10 to 12, 2026 at ₹829–₹871 per share. Explore ...
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D
Mainboard IPO
LISTED
BSE, NSE
DHOOT
Dhoot Transmission IPO
Dhoot Transmission IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹262
+30.1%
Est. Listing: ₹1133.00
Price Band
₹829 - ₹871
Per equity share
Lot Size
17 Shares
Min Invest: ₹14,807
Issue Size
₹3,066.89 Cr
Total Public Offering
Issue Dates
9 August 2026 – 11 August 2026
Bidding period
Subscription
74.21x
Total overall demand
Dhoot Transmission IPO Details
Key facts at a glance| IPO Open Date | 9 August 2026 | IPO Close Date | 11 August 2026 |
|---|---|---|---|
| Basis of Allotment | 12 August 2026 | Listing Date | 16 August 2026 |
| Price Band | ₹829 - ₹871 per share | Face Value | ₹10 per share |
| Market Lot Size | 17 Shares | Min Investment (Retail) | ₹14,807 |
| Total Issue Size | ₹3,066.89 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | BSE, NSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
Dhoot Transmission IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 9 August 2026 | Confirmed |
| IPO Close Date | 11 August 2026 | Confirmed |
| Basis of Allotment | 12 August 2026 | Tentative |
| Initiation of Refunds | 14 August 2026 | Tentative |
| Credit of Shares to Demat | 14 August 2026 | Tentative |
| IPO Listing Date | 16 August 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 12 August 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Dhoot Transmission IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 17 Shares | ₹14,807 |
| Retail (Max) | 13 Lots | 221 Shares | ₹1,92,491 |
| S-HNI (Min) | 14 Lots | 238 Shares | ₹2,07,298 |
| S-HNI (Max) | 67 Lots | 1,139 Shares | ₹9,92,069 |
| B-HNI (Min) | 68 Lots | 1,156 Shares | ₹10,06,876 |
Dhoot Transmission IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹262 +30.1%
Estimated Listing Price
₹1133.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 12 Aug 2026 | ₹255 | ₹1126.00 | +29.28% |
| 10 Aug 2026 | ₹259 | ₹1130.00 | +29.74% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Dhoot Transmission IPO Subscription Status
Demand breakdown by investor category
Retail
8.12x
QIB
212.92x
NII / HNI
51.93x
Total
74.21x
About Dhoot Transmission
Dhoot Transmission Limited designs, develops, and manufactures electrical and electromechanical components. The company’s core business activity is the production of wiring harnesses, cables, connectors, and power cords. Revenue is primarily generated from the sale of these products through contracts with customers. The company operates as a supplier to the automotive industry, serving original equipment manufacturers (OEMs) as well as tier 1 and tier 2 component manufacturers. Its key focus is on the two-wheeler and three-wheeler vehicle segments, which include both internal combustion engine (ICE) and electric vehicle (EV) models. A significant portion of its business comes from major OEMs, including Bajaj Auto, TVS Motor Company, and Honda Motorcycle and Scooter India, supplying both domestic and export markets.
Key Strengths
- The company holds an established leadership position in India with scaled operations in two-wheeler and three-wheeler wiring harnesses.
- Operations are positioned to capitalize on key industry trends by leveraging differentiated capabilities.
- The company maintains a strong business foundation anchored by a marquee customer base and a diversified business mix.
- Strong financial performance has been demonstrated through consistent revenue and profit after tax growth.
- The business is supported by an extensive and critical product portfolio that includes newly acquired electronics capabilities.
Key Risks
- The top ten customers contributed over 80 percent of the total revenue in the most recent fiscal year.
- Approximately 78 percent of revenue is heavily concentrated within the two-wheeler and three-wheeler automotive sectors.
- Contracts with original equipment manufacturers are strictly requirement-based and lack long-term volume commitments.
- Profit margins have experienced compression due to rising raw material costs.
- The loss of any major key customer could severely impact the financial health and daily operations of the business.
Dhoot Transmission IPO Reservation & Share Quotas
The Dhoot Transmission IPO follows the SEBI-prescribed reservation structure for a Book Building Issue. The issue is allocated among Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors (RIIs), and Anchor Investors. The final allotment in each category will depend on investor participation and the basis of allotment finalized after the IPO closes.
The category-wise reservation details for the public issue are provided below.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| Qualified Institutional Buyers (QIB) (Excluding Anchor) | – Shares | 50% |
| Non-Institutional Investors (NII) | – Shares | 15% |
| Retail Individual Investors (RII) | – Shares | 35% |
Note: The exact number of shares reserved for each investor category, including Anchor Investors, will be disclosed before the IPO opens for subscription. The final allocation will be completed in accordance with SEBI regulations and the approved issue structure.
Dhoot Transmission IPO Anchor Investors
Dhoot Transmission Limited has reserved a portion of its IPO for eligible Anchor Investors before the public issue opens for subscription. Anchor investors are Qualified Institutional Buyers (QIBs) who participate in the IPO one working day before the issue opens, helping improve price discovery and strengthen investor confidence in the offering.
The details below include the anchor bidding date, proposed allocation, issue size, and the applicable SEBI-prescribed lock-in periods. The final list of anchor investors and allocation details will be announced after the completion of the anchor placement process.
| Particular | Details |
|---|---|
| Anchor Bidding Date | August 7, 2026 |
| Anchor Investors List | To be announced |
| Shares Offered | [.] Shares |
| Anchor Issue Size | [.] Crores |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Note: The final anchor investor list, anchor issue size, number of shares allotted, and exact lock-in period end dates will be updated after the completion of the anchor allocation process. The lock-in period for anchor investors will be applicable in accordance with SEBI regulations.
Dhoot Transmission IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 10 Aug 2026 |
| IPO Close Date | 12 Aug 2026 |
| Basis of Allotment | 13 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 17 Aug 2026 |
Note: The timeline for धूत ट्रान्समिशन IPO is tentative and subject to change.
Dhoot Transmission Promoters and Shareholding Pattern
The promoters of Dhoot Transmission Limited have played a significant role in building and expanding the company's operations in the automotive and electrical transmission components industry. Following the IPO, the promoter group will continue to retain a controlling stake in the company while the public shareholding will increase through the fresh issue and Offer for Sale (OFS).
The table below presents the promoter and public shareholding pattern before and after the IPO based on the proposed issue structure.
Promoters of Dhoot Transmission Limited
- BC Asia Investments XV Ltd.
- Rahul Radhavallabh Dhoot
| Category | Pre IPO Shares | Pre IPO Holding | Post IPO Shares | Post IPO Holding |
|---|---|---|---|---|
| Promoter and Promoter Group | 18,84,67,612 | 100% | – | 82.77% |
| Others* | – | -% | – | 17.23% |
| Total | 18,84,67,612 | 100% | 20,45,41,090 | 100% |
Note: The post-IPO shareholding percentages are based on the proposed issue structure. The promoter group is expected to retain majority ownership after listing while complying with SEBI's minimum public shareholding requirements.
Dhoot Transmission Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Dhoot Transmission About the IPO
To be updated soon
Dhoot Transmission Company Financial Report
To Be Updated Soon
Dhoot Transmission Company Valuation & Key Performance Indicators
To Be Updated Soon
Dhoot Transmission Peer Group Comparison
To Be Updated Soon
Dhoot Transmission Lead Managers & Merchant Bankers
- 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.
Dhoot Transmission IPO FAQs
Dhoot Transmission IPO opens for subscription on 9 August 2026 and closes on 11 August 2026.
The price band for Dhoot Transmission IPO is set at ₹829.00 to ₹871.00 per share.
The minimum market lot size is 17 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 17 Shares (₹14,807).
The latest Grey Market Premium (GMP) for Dhoot Transmission IPO is ₹262. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Dhoot Transmission IPO is tentatively scheduled for 12 August 2026, and shares are expected to list on the stock exchanges on 16 August 2026.
The registrar details will be confirmed in the official prospectus.
Dhoot Transmission IPO Analysis & Articles
