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Dhoot Transmission Limited

Listed

Electrical and Electronics · Mainboard IPO · INE01NH01023

Price band

₹829 – ₹871

Lot size

17 shares

Min. investment

₹14,807

Issue size

₹3,067 Cr

Face value

₹2

Registrar

Kfin Technologies Ltd.

Issue timeline

Bidding opens

10 Aug 2026

Bidding closes

12 Aug 2026

Allotment

13 Aug 2026

Listing

17 Aug 2026

Final subscription

Final subscription · NSE

39,36,963

applications

1,08,750 Cr

bid value

CategoryBid for
Qualified Institutional (QIB)
95,06,84,013
Non-Institutional >₹10L (bNII)
16,84,24,831
Non-Institutional ₹2–10L (sNII)
5,34,84,584
Retail (RII)
7,54,76,617
Employees
4,95,890
Total1,24,85,65,935

Live category-wise demand from NSE only. Add each category's offered shares (from the RHP) in IPO Master to show the subscription (x) multiple.

About the company

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.

Issue details

Issue size

₹3,067 Cr

Fresh issue

₹1,400 Cr

Offer for sale

₹1,667 Cr

Industry

Electrical and Electronics

Promoter holding (pre)

100%

Promoter holding (post)

82.77%

Financials (₹ Cr)

MetricFY 2024FY 2025FY 2026
Total income2,799.323,472.244563.7 Cr
EBITDA512.40590.96710.99
Profit after tax298.75353.89396.84 Cr
Net worth741.01978.182397.15 Cr
Total assets1,711.702,336.234,114.83
Total borrowing554.90776.06841.39
EPS 21.06P/E 41.36RoE 16.30%RoCE 19.14%

Objects of the issue

  • Repayment/prepayment, in full or in part, of all or certain outstanding borrowings availed by the Company
  • 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.
  • 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
  • Funding inorganic growth through unidentified acquisitions and general corporate purposes

Strengths

  • Established leadership in India's 2W and 3W wiring harness market with a comprehensive product portfolio.
  • Well-positioned to capitalize on EV adoption, premiumization, automation, and connected vehicle trends.
  • Strong business foundation backed by marquee OEM customers and a diversified business mix.
  • Consistent financial performance supported by scalable manufacturing operations.
  • Experienced management team, strong R&D capabilities, and reputed investor support.

Risks

  • The company may face challenges in maintaining its market share in a competitive environment.
  • Dependence on a limited number of customers for a significant portion of revenue.
  • Potential fluctuations in raw material prices could impact profitability.
  • Regulatory changes in the automotive industry may affect operations.

Documents

Calculate your bid

At cut-off price ₹871

Lots

1

Shares
17
Amount
14,807

UPI mandate — funds are blocked, not debited.

  • SEBI-registered broker — NSE member 90113
  • Funds stay blocked in your own bank — debited only on allotment
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