Dhoot Transmission IPO to Open on August 10, 2026; Subscription Dates, Price Band, Issue Size and Key Information

Dhoot Transmission’s ₹3,066.89 crore initial public offering (IPO) is set to open for subscription on August 10, 2026. According to the Red Herring Prospectus (RHP), the book-built issue comprises a fresh issue of 1.61 crore equity shares aggregating up to ₹1,400.00 crore and an Offer for Sale (OFS) of up to 1.91 crore equity shares aggregating up to ₹1,666.89 crore by existing shareholders.

The IPO will remain open until August 12, 2026, while the anchor investor portion will open for subscription on August 7, 2026. The basis of allotment is expected to be finalised on August 13, 2026, and the shares are tentatively scheduled to be listed on the BSE and NSE 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.

Dhoot Transmission IPO Category-wise Investment Limits

The application size for each category is as follows -

The minimum investment amount for each category, based on the upper price band of ₹871 per share, is as follows -

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

About Dhoot Transmission Limited

Dhoot Transmission Limited is one of India's leading electrical and electronics (E&E) manufacturers, specialising in wiring harnesses and other electronic components for the automotive industry. Its product portfolio includes wiring harnesses, battery packs, switches, sensors, controllers, connectors, and high-voltage interconnection systems for both internal combustion engine (ICE) and electric vehicles (EVs).

It is among the top two players in India's two-wheeler and three-wheeler wiring harness market, with a 41% market share by value in FY26. The company also holds a leadership position in the electric two-wheeler and three-wheeler segment and is well-positioned to benefit from growing EV adoption, vehicle premiumisation, and increasing demand for connected and safety-focused automotive technologies.

Key Financial Highlights 

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