Dhoot Transmission Shares List at 38% Premium on NSE
Dhoot Transmission made its stock market debut on Monday, August 17, 2026, with its shares listing at a 37.77% premium on the NSE. The stock opened at ₹1,200 apiece on the NSE against its IPO issue price of ₹871 per share. On the BSE, the shares debuted at ₹1,193.80 per share, representing a 37.06% premium over the issue price.
The company’s ₹3,066.89 crore IPO was open for subscription from August 10 to August 12, 2026, and witnessed strong investor interest. The issue was subscribed 74.21 times by the end of the bidding period.
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 Overall Subscription Status
[August 12, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
212.92x |
|
Non-Institutional Investors (NIIs) |
51.93x |
|
Retail Individual Investors (RIIs) |
8.12X |
|
Total |
74.21x |
About Dhoot Transmission Limited
Dhoot Transmission Limited is an Indian manufacturer of electrical and electronic components for the automotive sector, with a primary focus on wiring harnesses and related systems. Its product 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, holding a 41% value share in FY26. It also has a strong presence in the electric two- and three-wheeler segment and is positioned to benefit from growing EV adoption, vehicle premiumisation and rising demand for connected, technologically advanced and safety-oriented automotive systems.
Key Financial Highlights
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
4,524.95 |
3,444.86 |
2,797.72 |
|
EBITDA |
710.99 |
590.96 |
512.39 |
|
Profit After Tax (PAT) |
396.84 |
353.88 |
298.75 |
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