Dhoot Transmission IPO Day 2: Subscription Status, Timeline & Key Issue Details

Dhoot Transmission’s ₹3,066.89 crore initial public offering (IPO) entered its second day of public subscription today, August 11, 2026, with a price band of ₹829 to ₹871 per share. As of 10:25 A.M.on the day 2 of bidding, the issue had been subscribed 0.93 times.

The IPO will remain open for subscription until August 12, 2026. The basis of allotment is expected to be finalised on August 13, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on August 17, 2026.

Dhoot Transmission IPO - Issue Details

• Issue Type: Book Built Issue (Fresh Issue + OFS)
• Total Issue Size: ₹3,066.89 crore
• Fresh Issue: Up to ₹1,400.00 crore
• Offer for Sale (OFS): ₹1,666.89 crore
• Face Value: ₹2 per equity share
• Price Band: ₹829 to ₹871
• Lot Size: 17 shares
• Minimum Investment Amount (Retail Investor): ₹14,807 ( 17 shares at the upper price)
• Listing: BSE, NSE
• 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 and 360 ONE WAM Limited
• Registrar: KFin Technologies Limited

Dhoot Transmission IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

• 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 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 our Company at (i) Sector 11, Jhajjar, Haryana, India; and (ii) Shoolagiri, Hosur, Tamil Nadu, India
• Funding inorganic growth through unidentified acquisitions
• General corporate purposes

Dhoot Transmission IPO Day 2 Subscription Status

[August 11, 2026, 10:25 A.M.]

About Dhoot Transmission Limited

Dhoot Transmission Limited is a prominent Indian manufacturer of electrical and electronic components for the automotive industry, specialising in wiring harnesses and associated systems. Its portfolio includes wiring harnesses, battery packs, switches, sensors, controllers, connectors and high-voltage interconnection systems, serving both internal combustion engine (ICE) and electric vehicles (EVs).

The company is one of the two largest players in India’s two-wheeler and three-wheeler wiring harness market, with a 41% value share in FY26. It also has a significant presence in electric two- and three-wheelers and is well placed to benefit from the growing adoption of EVs, increasing vehicle premiumisation and rising demand for connected, technologically advanced and safety-focused automotive systems.

Key Financial Highlights 

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