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DT

Dhoot Transmission Limited IPO

ListedMainboard

— · ₹829 – ₹871 · ₹3,066.89 Cr

Last updated: 18 Sept 2026, 01:43 pm · 3h ago
Price Band₹829 – ₹871
Lot Size17 shares
Issue Size₹3,066.89 Cr
GMP (Unofficial)+28.70%
  • Overview
  • Timeline
  • Subscription
  • Financials
  • Valuation
  • Documents

About Dhoot Transmission LimitedCAPITA1

Headquarters: Pune, Maharashtra, IndiaFounded: 1998

Dhoot Transmission Limited is an Indian public limited company, established under the Companies Act, 1956. It is one of an Indian electrical and electronics (E&E) companies. The company designs, engineers, manufactures, and supplies critical wiring harnesses that integrate electronic sensors and controllers, switches, terminals, connectors, junction boxes, high-voltage interconnection systems, and data cables. It serves both automotive (ICE and EV) and non-automotive sectors, including two-wheelers, three-wheelers, commercial vehicles, off-highway vehicles, and industrial equipment. The company was founded in 1998 and is based in Pune, Maharashtra, India.

The company generates revenue primarily from contracts with customers for the sale of products, supplemented by service income, sale of scrap, and government grants. It is a manufacturer of wiring harnesses for two-wheelers and three-wheelers in India. Its main products and services include Wiring harnesses, Battery packs, Sensors and Electronic controllers.

In its offer document the company lists its strengths as Established leadership position in India and scaled operations in 2W and 3W wiring harnesses, positioned to capitalize on key industry trends and business foundation anchored by a marquee customer base and diversified business mix.

Grey Market Premium₹250(+28.7%)Unofficial grey-market estimate — not an exchange price.
  1. 10 Aug 2026Open Date
  2. 12 Aug 2026Close Date
  3. 13 Aug 2026Allotment Date
  4. 17 Aug 2026Listing Date

Check your allotment

KFin Technologies — allotment statusBSE allotment statusNSE allotment status

These open the registrar's and the exchanges' own websites. Dhoot Transmission Limited is not affiliated with CAPITA1, and we never ask for your PAN or application number.

IPO Snapshot
35/ 100
Opportunity Score
🔴 Expensive
Broker Consensus
Avoid
GMP %
+28.70%
Subscription
N/A
P/E
35.70x
ROE
16.3%
ROCE
19.14%
DRHP RHP — N/A

“Broker Consensus” is CAPITA1's algorithmic verdict from GMP, subscription, fundamentals & valuation — broker recommendations aren't in our data feed. GMP is an unofficial grey-market estimate. Not investment advice.

CAPITA1 Analysis

Founded
1998
Headquarters
Pune, Maharashtra, India

Curated by CAPITA1 · Updated 5 Sept 2026 by CAPITA1 desk (composed from filing)

For educational purposes only. Not investment advice.

Dhoot Transmission Limited IPO valuation · at upper band ₹871

🔴 Expensive
Market Cap (Post-IPO)
Not Available
Market Cap (Pre-IPO)
Not Available
Enterprise Value
Not Available
Earnings Per Share (EPS)
₹24.40
Net Asset Value per Share (NAV)
₹149.74
Price to Earnings (P/E) at upper band
35.70x
Price to Book (P/B)
5.82x
EV / EBITDA
Not Available
Return on Net Worth (RoNW)
16.55%
Return on Equity (ROE)
16.3%
Return on Capital Employed (ROCE)
19.14%
Debt / equity
Not Available
Formulas used (all at upper price band)
  • Market Cap (Post-IPO) = Upper Price × Post-issue Shares (Shares = Latest FY PAT ÷ EPS)
  • Market Cap (Pre-IPO) = Post-IPO Market Cap − Fresh Issue
  • Enterprise Value = Market Cap + Total Debt − Cash (cash assumed nil)
  • Total Debt = Debt/Equity × Net Worth
  • Net Worth = NAV (Book Value/Share) × Post-issue Shares
  • P/E Ratio = Upper Price ÷ EPS
  • P/B Ratio = Upper Price ÷ NAV
  • EV / EBITDA = Enterprise Value ÷ EBITDA

Company financials (EPS, NAV, ratios) from Issuer DRHP figures, compiled from public IPO listings. Ratios computed at the upper price band; not investment advice.

AI IPO AnalysisAI

DRHP / RHP IntelligenceAI

Generate an AI read of the offer document — business, risks, promoters, use of funds and an educational verdict, with citations back into the filing.

Listing Performance

Issue Price (upper band)
₹871
Listed At
₹1,200.00
Listing Gain
+37.77%

Opening price on the first trading day. Not the current price, and not a return — what happened after listing is not shown here.

GMP (Grey Market Premium)

₹250+28.70%

CAPITA1 desk — unofficial grey-market estimate — No exchange publishes a grey-market premium; this is not investment advice. Updated 10 Aug 2026, 08:17 pm.

Trend · 2 readings+150 since 10 Aug
  1. 10 Aug ₹100
  2. 10 Aug ₹250

Subscription

Subscription figures are not available for this issue.

Timeline

Open Date
10 Aug 2026
Close Date
12 Aug 2026
Allotment
13 Aug 2026
Refund
14 Aug 2026
Demat Credit
14 Aug 2026
Listing
17 Aug 2026

Lot Size & Offer

Lot Size
17 shares
Min Investment
₹14,807
Fresh Issue
₹1,400 Cr
Offer for Sale
Not Available

Issue Structure

Issue Type
100% Book Building
Face Value
₹2
Fresh Issue
₹1,400 Cr

New shares — the money goes to the company.

Offer for Sale
1,91,37,602 shares

Existing shares — the money goes to the selling shareholders.

Employee Discount
₹80

Per share, for the employee quota.

Retail Application Cap
₹2,00,000

Regulatory maximum for one retail application.

Employee Application Cap
₹5,00,000

As stated in the issue information filed with NSE.

Reservation

QIB
50%
NII / HNI
15%
Retail
35%
Employee
Not Available

Objectives 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(1)

Financial Highlights (₹ Cr)

Not Available

Revenue Growth
Not Available
PAT Growth
Not Available
EBITDA
Not Available
EBITDA Margin
15.71%
ROE
16.3%
ROCE
19.14%
Debt / equity
Not Available
Net Worth
Not Available

Promoter Holding

Pre-Issue
Not Available
Post-Issue
Not Available

Registrar & Managers

Registrar
KFin Technologies Limited
Contact Person
M Murali Krishna
Email
dhoot.ipo@kfintech.com
Phone
+91- 40 6716 2222/ 1800 309 4001
Address
Selenium, Tower B, Plot 31 32, Financial District, Nanakramguda, Serilingampally Mandal, Hyderabad 500 032, Telangana, India
Book Running Lead Managers
  • Axis Capital Limited
  • Jefferies India Private Limited
  • Kotak Mahindra Capital Company Limited
  • Nomura Financial Advisory and Securities (India) Private Limited
  • SBI Capital Markets Limited
  • 360 ONE WAM Limited.

Offer Documents

RHP DRHP Basis of Issue Price Anchor Allocation Bidding Centres

Market data: NSE (official calendar, issue filing and subscription) · CAPITA1 desk (GMP) · updated 18 Sept 2026, 01:43 pm

Fundamentals: Issuer DRHP figures, compiled from public IPO listings · fetched 14 Sept 2026, 03:57 pm

IPO calendar, issue details and subscription from NSE. Any grey-market premium shown is CAPITA1’s own unofficial estimate, collected daily from grey-market sources — not investment advice, and no exchange publishes one. Company fundamentals (financials, peers) are not part of the live feed.

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