Dhoot Transmission IPO 2026 has opened for subscription today, August 10, 2026, attracting strong attention from investors amid positive sentiment in the automotive and electric vehicle (EV) components sector. The IPO will remain open until August 12, 2026.
The company has fixed the Dhoot Transmission IPO price band at ₹829 to ₹871 per equity share. The mainboard IPO aims to raise approximately ₹3,066.89 crore through a combination of a fresh issue and an Offer for Sale (OFS).
Dhoot Transmission IPO 2026
| Particular | Details |
|---|---|
| Company | Dhoot Transmission Limited |
| IPO Type | Mainboard IPO |
| IPO Opening Date | August 10, 2026 |
| IPO Closing Date | August 12, 2026 |
| Price Band | ₹829 – ₹871 per share |
| Issue Size | Approx. ₹3,066.89 crore |
| Fresh Issue | ₹1,400 crore |
| Offer for Sale | Approx. ₹1,666.89 crore |
| Face Value | ₹2 per equity share |
| Lot Size | 17 Shares |
| Minimum Investment | ₹14,807 |
| Listing | BSE & NSE |
| Sector | Automotive Components |
The final investment amount for one retail lot at the upper price band is ₹14,807 (17 × ₹871).
Dhoot Transmission IPO Important Dates
The Dhoot Transmission IPO opened on August 10, 2026, and investors can submit their applications until August 12, 2026. The shares are proposed to be listed on the BSE and NSE.
Investors should keep an eye on the IPO allotment and listing schedule after the subscription window closes.
Dhoot Transmission IPO GMP Today
The Dhoot Transmission IPO GMP (Grey Market Premium) has been attracting considerable attention ahead of and around the IPO opening.
Recent market reports indicated a GMP of around ₹259 per share, implying a potential listing price of approximately ₹1,130 if the premium were to remain at that level. This would represent a theoretical gain of around 30% over the upper price-band price of ₹871.
However, GMP is unofficial and can change quickly. It is not a guaranteed indication of the actual listing price or future stock performance.
What Does the Company Do?
Dhoot Transmission Limited is an automotive components manufacturer with a strong focus on electrical and electronic components.
The company manufactures products including Automotive wiring harnesses, Battery assemblies, Sensors, Electronic controllers, Automotive switches, EV-related components, DC-DC converters, On-board chargers, Charging guns.
The company is increasingly expanding its presence in electric vehicle components as India’s EV ecosystem grows. Reuters reported that non-harness products accounted for about 23% of revenue, up from 18% in FY2024.
Dhoot Transmission IPO Financial Performance
Dhoot Transmission has reported significant revenue growth in recent years. According to publicly available IPO-related financial information, the company’s revenue increased from around ₹2,800 crore in FY2024 to approximately ₹4,525 crore in FY2026.
Its FY2026 revenue was reported at about ₹45.3 billion, while profit after tax was around ₹397 crore. This growth has helped strengthen the company’s position in the automotive components industry.
Why Is Dhoot Transmission IPO Getting Attention?
One of the biggest factors attracting investors is the company’s exposure to the automotive electrification trend. India’s transition toward electric mobility is creating new opportunities for manufacturers of wiring harnesses, battery systems, charging components and electronic systems.
Dhoot Transmission has been investing in expanding its product portfolio beyond traditional wiring harnesses. Reuters reported that the company has invested around ₹10 billion in capital expenditure in recent years to support its growth and capacity expansion.
The company also counts major automotive manufacturers among its customers, although investors should consider customer concentration as an important risk.
Dhoot Transmission IPO: Fresh Issue and OFS
Fresh Issue – ₹1,400 Crore
The company will raise ₹1,400 crore through the issuance of new equity shares. The proceeds are intended to support the company’s financial and expansion requirements, including debt reduction and capacity expansion.
Offer for Sale – Around ₹1,666.89 Crore
A significant portion of the IPO consists of an Offer for Sale, where existing shareholders sell their shares. Since OFS proceeds generally go to selling shareholders rather than directly to the company, investors should distinguish between the fresh issue and OFS components when evaluating the IPO.
Dhoot Transmission IPO Valuation
At the upper price band of ₹871, the IPO is valued at a substantial earnings multiple. Market observers have compared Dhoot Transmission’s valuation with listed automotive component companies. The company’s valuation appears competitive against some listed peers, but investors should not base the investment decision solely on the P/E ratio.
Future earnings growth, margins, customer concentration, debt levels and the company’s ability to benefit from EV adoption will be important factors after listing.
The Dhoot Transmission IPO 2026 is one of the major mainboard IPOs opening this week. With a ₹829–₹871 price band, ₹3,066.89 crore issue size and 17-share lot size, the IPO has attracted significant investor attention.
Dhoot Transmission Official Website : Visit
Note: Dhoot Transmission IPO details, including the price band, subscription dates, GMP, lot size and listing information, may change over time. The GMP (Grey Market Premium) is unofficial and does not guarantee the actual listing price or returns. Investors should verify the latest information through the company’s official IPO documents and SEBI disclosures before investing. This article is for informational and educational purposes only and should not be considered investment advice.
