D

Dhoot Transmission Ltd.

LISTED

Mainboard

GMP-

Subscription74.21×Overall

Min. Investment₹14,0931 lot × 17 shares

IPO Details

Issue Size₹2,04,538.46 Cr

Price Band₹829 – ₹871Per equity share

Lot Size17 SharesMin 1 lot (Retail)

Face Value₹2 / sharePaid-up equity

Total Shares234.83 CrOffered to public

Market Cap₹16,415.53 CrAt upper price band

QIB Quota2.39%Qualified Inst. Buyers

Retail Quota6.29%Non-inst. investors

IPO Timeline

Issue Opens10 Aug 2026

IPO subscription begins

Issue Closes12 Aug 2026

Last day to apply

Basis of Allotment13 Aug 2026

Allotment finalization

Listing Date17 Aug 2026

Trading begins on BSE & NSE

About & Business

Background
Industry
Promoters

Our Company was originally incorporated as “Dhoot Transmission Private Limited” as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated April 28, 1998, issued by the Assistant Registrar of Companies, Maharashtra at Mumbai. Further, the registered office of our Company was changed from Dhoot Motors Adalat Road, Aurangabad 431 001, Maharashtra, India, to our current Registered Office pursuant to a fresh certificate of incorporation dated March 18, 2008 issued by the Registrar of Companies, Maharashtra at Pune (“RoC”). For further details, see “Changes in the Registered Office” on page 311. Subsequently, upon conversion of our Company into a public limited company, the name of our Company was changed to “Dhoot Transmission Limited” pursuant to a resolution passed by our Board on November 24, 2025 and by our Shareholders on November 25, 2025, and a fresh certificate of incorporation dated December 4, 2025 was issued by the RoC.

Major Events & Milestones

1998

Incorporation of our Company

2007

Incorporation of Dhoot UK, establishing our presence in the UK.

2016

Set up a new manufacturing unit in Chennai, Tamil Nadu

2017

Acquired TFC Slovakia, Step Down Foreign Subsidiary of Dhoot UK, further expanding our business to Europe.

2018

Acquired PHTL for an aggregate consideration of £1,900,000 million, further expanding our presence in the UK.

Set up a new manufacturing unit in Manesar, Haryana

Incorporation of DT Wiring Thailand, establishing our presence in South East Asia.

Introduction of a new product line including cable chargers, connectors, and plugs for electric vehicles, marking entry of the Company in the electric vehicle space.

2025

Investment by BC Asia XV pursuant to the BC Asia SSSPA.

Acquisition of DHPL pursuant to the DHPL SPA.

Objectives of the Issue

01Repayment/prepayment, in full or in part, of all or certain outstanding borrowings availed by our Company
02Investment in certain of our Subsidiaries, namely, Dhoot Autocomponents 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.
03Setting up of a new wiring harness manufacturing plant of our Company at (i) Sector 11, Jhajjar, Haryana, India; and (ii) Shoolagiri, Hosur, Tamil Nadu, India
04Funding inorganic growth through unidentified acquisitions and general corporate purposes

Agencies & Documents

Book Running Lead Managers (BRLMs)

Axis Capital Ltd.
Nomura Financial Advisory & Securities (I) P Ltd.
Kotak Mahindra Capital Company Limited
SBI Capital Markets Ltd.
Jefferies India Pvt. Ltd.
360 ONE WAM Ltd.

Registrar to the Issue

KFin Technologies Ltd.67162222

IPO CalculatorListed

Price Band829 – 871Cut-off: ₹871 per share

Closes12 Aug 20265:00 PM IST

Select Lots

1

Shares17 shares

Price per share₹871 (cut-off)

Total Investment₹14,807

Subscription Status

74.21× Overall

Category	Subscribed	Shares Offered
Qualified Institutional Buyers	212.92×	68,99,735
Employee Reserved	8.14×	80,106
Retail Individual Investors	8.12×	1,25,83,565
Non Institutional Investors	51.93×	53,92,957

Last updated: 20 Aug 2026, 03:14 PM IST