Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Dhoot Transmission IPO
Price Band
₹829.0–871.0
Issue Size
₹3066.89 Cr
Lot Size
17 shares
Min Investment
₹14,807
GMP
+₹262.0 (30.08%)
Issue Price
₹871.0
Subject to Sauda
₹3400
Paid only if allotted
Dhoot Transmission IPO AI Summary
- Dhoot Transmission IPO is listed on BSE, NSE in the Auto Components & Equipments sector.
- Price band: ₹829.0–₹871.0 per share, lot size 17 shares (min. investment ₹14,807).
- Subscription window: 10 Aug–12 Aug 2026, listing on 17 Aug 2026.
- Current GMP is +₹262.0 (30.08%), an estimated listing price of ₹1133 — unofficial and can change daily.
Dhoot Transmission is a prominent player in the auto components sector, focusing on wiring harness solutions for various vehicle types. The company has shown consistent revenue and profit growth, with significant demand for its IPO reflected in the subscription rates across different investor categories.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Dhoot Transmission IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 12 Aug 2026 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Overall Subscription
75.06x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
209.02x
|
209x 🔥 |
| NII (HNI) |
53.13x
|
53x ✓ |
| ↳ bNII (>₹10L) |
59.41x
|
59x ✓ |
| ↳ sNII (<₹10L) |
40.56x
|
41x ✓ |
| Retail (RII) |
8.32x
|
8.32x |
| Employee |
8.60x
|
8.60x |
| Total | 75.06x | 75.06x |
Auto-updated every 5 min · As of 12th Aug 2026 18:56
Dhoot Transmission IPO Grey Market Premium (GMP) Today
GMP
+₹262.0
GMP %
+30.08%
Est. Listing
₹1133.0
Updated: 17 Aug 2026 09:00
GMP Trend (Last 13 Days)
About the Company
Established in 1999, Dhoot Transmission Group is a global leader in wiring harness solutions for two-wheelers and three-wheelers. Its technologically advanced wiring harnesses also support heavy and light commercial vehicles, off-road vehicles, and agricultural equipment across both ICE and EV platforms worldwide. The company manufactures a wide range of products, including wiring harnesses, automotive switches, electronic sensors and controllers, connectors and terminals, automotive cables, power cords, and battery packs. These solutions serve diverse applications spanning two-wheelers, three-wheelers, passenger and commercial vehicles, off-road and agricultural machinery, as well as medical devices and household appliances. Over the last 25 years, the company has expanded its capabilities beyond wiring harnesses into electronics, including sensors and controllers, automotive switches, and connection systems. Its EV portfolio features products such as charging guns, inlets, off-board chargers, RCDs, high- and low-voltage wiring harnesses, and lithium-ion battery assembly solutions.
Company Financials (₹ Cr)
As of 2026-03-31
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 4,114.83 | 2,336.23 | 1,711.70 |
| Total Income | 4,563.70 | 3,472.24 | 2,799.32 |
| Profit After Tax | 396.84 | 353.89 | 298.75 |
| EBITDA | 710.99 | 590.96 | 512.40 |
| NET Worth | 2,397.15 | 978.18 | 741.01 |
| Reserves and Surplus | 2,360.40 | 961.53 | 724.74 |
| Total Borrowing | 841.39 | 776.06 | 554.90 |
Key Ratios
EPS
₹21.06
NAV
₹68.25
ROE
35.60%
ROCE
29.66%
RoNW
36.18%
P/B Value
12.76
P/E Ratio
41.36
Market Cap
₹17815.53 Cr
PAT Margin
10.19%
Debt/Equity
0.78
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Sona Blw Precision Forgings Ltd | 96.23 | 10.7% | 74.64 | 10.3 | 10.3 |
| Motherson Sumi Wiring India Ltd | 3.26 | 28.92% | 43.24 | 0.94 | 0.94 |
| Uno Minda Ltd | 118.36 | 17.53% | 56.87 | 20.78 | 20.75 |
| Minda Corporation Ltd | 110.58 | 13.63% | 46.49 | 15.31 | 15.07 |
| Dhoot Transmission Ltd. This IPO | 149.74 | 16.55% | — | 24.4 | 24.4 |
Promoters
BC Asia Investments XV Ltd., Rahul Radhavallabh Dhoot
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Repayment/prepayment, in full or in part, of all or certain outstanding borrowings availed by the Company 464.80 2 Investment in certain of our Subsidiaries, namely, Dhoot Autocomponents Private Limited, Dhoot Electricals Systems 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. 301.77 3 Setting up of a new wiring harness manufacturing plant of the Company at (i) Sector 11, Jhajjar, Haryana, India; and (ii) Shoolagiri, Hosur, Tamil Nadu, India 150.00 4 Funding inorganic growth through unidentified acquisitions and general corporate purposes(1) 410.41 5 Issue Expenses 159.96 Total 1,486.94
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹2,799.32 Cr in the period ending 31 Mar 2024, rising to ₹3,472.24 Cr by 31 Mar 2025, and further increasing to ₹4,563.70 Cr by 31 Mar 2026. This shows a consistent upward trend in revenue over the three periods.
Profit Trend
Profit after tax was ₹298.75 Cr for the period ending 31 Mar 2024, increasing to ₹353.89 Cr by 31 Mar 2025, and further rising to ₹396.84 Cr by 31 Mar 2026. This indicates a positive trend in profitability over the periods.
Valuation
Dhoot Transmission has an implied P/E of 41.36 at the issue price, while peers are trading at P/E ratios ranging from 43.24 to 74.64. This positions Dhoot Transmission slightly below the peer average.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an unofficial indicator of the expected listing price of an IPO. It reflects the demand for the shares in the grey market, which is outside the official stock exchange. A higher GMP suggests strong demand and potential listing gains, while a lower GMP indicates weaker demand.
Subscription Demand
As of 12th Aug 2026, the IPO has received a total subscription of 75.06 times. The QIB (Institutional) category saw the highest demand at 209.02 times, followed by NII (HNI) at 53.13 times, and Retail (RII) at 8.32 times.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It is essential to consider the company's growth potential and market conditions.
Who May Want to Wait
Investors who prefer stable, established companies with predictable earnings may want to avoid IPOs like this, which can be more volatile and carry higher risks.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when shares are listed on the stock exchange at a price higher than the issue price. However, there are risks involved, as market conditions can change, and the stock may not perform as expected on the listing day.
This evaluation is generated from Dhoot Transmission's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Dhoot Transmission IPO GMP today?
Dhoot Transmission IPO GMP today is +₹262.0 (30.08%), indicating an estimated listing price of ₹1133. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Dhoot Transmission IPO?
The price band of Dhoot Transmission IPO is ₹829.0–₹871.0 per share.
When does Dhoot Transmission IPO open and close?
Dhoot Transmission IPO opens on 10 August 2026 and closes on 12 August 2026.
When does Dhoot Transmission IPO list on the stock exchange?
Dhoot Transmission IPO listed on 17 August 2026 at ₹1133.0.
What is the lot size for Dhoot Transmission IPO?
The lot size for Dhoot Transmission IPO is 17 shares, requiring a minimum investment of ₹14,807.
What is the lot size for this IPO?
The lot size for Dhoot Transmission's IPO is 17 shares.
What is the minimum investment required?
The minimum investment required is ₹14,807.
What is the price band for the IPO?
The price band for the IPO is ₹829 to ₹871.
When is the listing date?
The listing date for Dhoot Transmission is 17th August 2026.
What does GMP mean?
GMP stands for Grey Market Premium, indicating the expected listing price of the IPO based on demand in the unofficial market.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
10 Aug 2026
Close
12 Aug 2026
Allotment
13 Aug 2026
Listing
17 Aug 2026
Similar IPOs in Auto Components & Equipments
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for Dhoot Transmission?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.