DT
Dhoot Transmission Limited IPO
Auto Components & Equipments · Wiring Harnesses · EV Transition · E&E Systems
📋 Mainline IPO
Fresh + OFS
NSE, BSE
₹871
Upper Price
₹3,066.89 Cr
Issue Size
Aug 17, 2026
Listing Date
₹16,415.53 Cr
Market Cap (Pre)
📅 IPO Timetable
All dates tentative🟢
IPO Opens
Monday, 10 August 2026
Bidding starts — apply before close
🔒
IPO Closes
Wednesday, 12 August 2026
Last day to bid — closes at 5:00 PM IST
📊
Basis of Allotment
Thursday, 13 August 2026
Allotment finalised by registrar
🔄
Refund & Share Credit
Friday, 14 August 2026
Unallotted funds returned; shares credited to demat
🏷️
Monday, 17 August 2026
Trading begins from 10:00 AM IST
📋 IPO Details
IPO Open Date10 August 2026 (Mon)
IPO Close Date12 August 2026 (Wed)
Listing Date17 August 2026 (Mon)
Face Value₹2 per share
Price Band₹829 to ₹871
Issue Price (Upper Band)₹871 per share
Issue TypeBook Build — Fresh + OFS
Lot Size17 shares
Total Issue Size3,52,11,080 shares (₹3,066.89 Cr)
Fresh Issue1,60,73,478 shares (₹1,400.00 Cr)
Offer for Sale (OFS)1,91,37,602 shares (₹1,666.89 Cr)
Pre-Issue Shares18,84,67,612
Post-Issue Shares20,45,41,090
Promoter Holding (Pre)100.00%
Market Cap (Pre-IPO)₹16,415.53 Cr
Listing ExchangeNSE, BSE
Lead ManagerAxis, Jefferies, Kotak, Nomura, SBI Caps, 360 One
RegistrarKfin Technologies Ltd.
💰 Lot Size & Minimum Investment
At upper price ₹871| Investor Type | Lots | Shares | Amount |
|---|---|---|---|
| Retail — Minimum | 1 | 17 | ₹14,807 |
| Retail — Maximum | 13 | 221 | ₹1,92,491 |
| S-HNI (sNII) — Min | 14 | 238 | ₹2,07,298 |
| S-HNI (sNII) — Max | 67 | 1,139 | ₹9,92,069 |
| B-HNI (bNII) — Min | 68 | 1,156 | ₹10,06,876 |
⚠️ Note: Investors can bid for a minimum of 17 shares and in multiples thereof. Retail individual investors can apply up to ₹2,00,000. Employee discount of ₹80.00 per share is applicable.
👥 Investor Reservation
Allocated portion of Net OfferNot more than 50%
QIB Portion
Not less than 35%
Retail Portion
Not less than 15%
NII Portion
📊 Subscription Status
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📈 Company Financials
Restated Consolidated · ₹ Crore| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Assets | 4,114.83 | 2,336.23 | 1,711.70 |
| Total Income | 4,563.70 | 3,472.24 | 2,799.32 |
| PAT | 396.84 | 353.89 | 298.75 |
| EBITDA | 710.99 | 590.96 | 512.40 |
| Net Worth | 2,397.15 | 978.18 | 741.01 |
| Reserves & Surplus | 2,360.40 | 961.53 | 724.74 |
| Total Borrowing | 841.39 | 776.06 | 554.90 |
Income Growth
FY 2023–24₹2,799.32 Cr
FY 2024–25₹3,472.24 Cr
FY 2025–26₹4,563.70 Cr
🎯 Key Performance Indicators
16.30%
ROE
FY 2025–26
0.35
Debt/Equity
FY 2025–26
19.14%
ROCE
FY 2025–26
8.70%
PAT Margin
FY 2025–26
15.71%
EBITDA Margin
FY 2025–26
16.55%
RoNW
FY 2025–26
5.82x
Price/Book
FY 2025–26
2,735
Total Workforce
Employees
⚖️ Valuation & EPS
Pre-IPO EPS
₹21.06
FY26 earnings + pre-issue shares
P/E: 41.36xPost-IPO EPS
₹19.40
FY26 earnings + post-issue shares
P/E: 44.90xPrice to Book Value
5.82x
At upper price band ₹871
Market Cap (Pre-IPO)
₹16,415.53 Cr
At issue price ₹871
ℹ️
Pre-IPO EPS (₹21.06) based on pre-issue shares (18,84,67,612) and FY26 earnings. Post-IPO EPS (₹19.40) includes the dilution metrics derived from post-issue total equity capital of 20,45,41,090 shares following the 1,60,73,478 fresh equity issuance block. Post-IPO Market Cap expands to ₹17,815.53 Cr.
🎯 Objects of the Issue
Net proceeds utilisation1
Repayment/prepayment, in full or in part, of all or certain outstanding borrowings availed by the Company
₹464.80 Cr
2
Investment in certain of our Subsidiaries for repayment/prepayment of outstanding borrowings
₹301.77 Cr
3
Setting up of a new wiring harness manufacturing plant of the Company at Jhajjar (Haryana) and Hosur (Tamil Nadu)
₹150.00 Cr
4
Funding inorganic growth through unidentified acquisitions and general corporate purposes
Balance
Total Fresh Issue Goal
₹1,400.00 Cr
🏢 About Dhoot Transmission Ltd.
Est. 1998 · Pune, Maharashtra · Auto ComponentsDhoot Transmission Limited, established in 1998, operates as a pioneering force within India’s electrical and electronics (E&E) sector, specializing intensely in the design, engineering, and mass manufacturing of wiring harnesses and advanced electrical distribution systems. Serving diverse internal combustion engine (ICE) and robust electric vehicle (EV) platforms, the firm holds the apex position within India’s 2-wheeler and 3-wheeler wiring harness sectors.
Commanding an overwhelming 41% aggregate market share in 2W/3W wiring networks—and an unprecedented 70% monopoly in the rapidly expanding EV sub-segment as of Fiscal 2026—the Pune-based entity powers OEMs globally. Delivering complex battery packs, intelligent sensors, precision controllers, terminals, and power supply cords, an impressive 95% of its overall automotive portfolio rests completely powertrain-neutral, uniquely insulating the business against ICE-to-EV substitution risks while actively driving the electrification boom with an engineering workforce of 2,735 professionals.
Brand Ecosystem
🔌
Wiring Harnesses
Commanding a 41% market share in the Indian 2W and 3W automotive component sector
⚡
EV E&E Architecture
Controlling 70% of the EV market share through advanced battery packs and controllers
🚜
Commercial & Industrial
Heavy-duty off-highway connectors, farming equipment switches, and terminal cords
👨🏭
Global Workforce
2,735 engineers and permanent operators driving intense localized manufacturing
Competitive Strengths
🏆Established leadership in India’s 2W and 3W wiring harness market with a comprehensive portfolio
🚀Perfectly positioned to capitalize directly on rapid EV adoption and connected vehicle automation trends
🤝Deep-rooted business foundation backed firmly by marquee OEM customers and a diverse mix
💰Consistent financial performance supported extensively by scalable, top-tier manufacturing frameworks
Company Promoters
BA
BC Asia Investments XV Ltd.
Promoter Entity, Dhoot Transmission Ltd.
RD
Rahul Radhavallabh Dhoot
Promoter, Dhoot Transmission Ltd.
📅 Key Dates
IPO Opens10 Aug 2026
IPO Closes12 Aug 2026
Allotment13 Aug 2026
Refund & Share Credit14 Aug 2026
Listing Day17 Aug 2026
💡 Quick Summary
Price Band₹829 – ₹871
Upper Price₹871 / share
Lot Size17 shares
Min. Investment (Retail)₹14,807
Issue Size₹3,066.89 Cr
ListingBSE, NSE
🏦 Registrar & Lead Manager
Lead Manager
Axis, Jefferies, Kotak, Nomura, SBI Caps, 360 One
📍 Registered Address
Dhoot Transmission Ltd.
Gut No 312, Nanekarwadi,
Chakan Tq Khed, Dist Pune, NA,
Pune, Maharashtra — 410501
📞 +91-24 3166 2600
[email protected]
Gut No 312, Nanekarwadi,
Chakan Tq Khed, Dist Pune, NA,
Pune, Maharashtra — 410501
📞 +91-24 3166 2600
[email protected]
🛡️ Regulatory Note: Mainline IPO investments are subject to SEBI regulations. Always read the Prospectus/RHP before applying. Consult a SEBI-registered advisor before investing.
⚠️
Disclaimer: This page presents publicly available information from the Dhoot Transmission IPO RHP for informational purposes only. It does not constitute investment advice. IPO investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.
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