- Price band
- To be announcedNot in this filing
- Issue size
- To be announcedAmount set with price
- Face value
- ₹2per equity share
- Lot size
- To be announcedMin. investment shown once set
- OpensMon, 2026
- ClosesWed, 2026
- AllotmentThu, 2026
- ListingMon, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- —
- Offer for sale
- 1,91,37,602 shares
- Total issue
- —
- Face value
- ₹2
- Listing at
- NSE, BSE
- RHP date
- 3 Aug 2026
Source: Red Herring Prospectus dated 3 Aug 2026Updated
Reservation
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Employees | — | — | — |
Source: Red Herring Prospectus dated 3 Aug 2026Updated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2025-26- EPS (basic)
- ₹24.4
- EPS (diluted)
- ₹24.4
- RoNW
- 16.55%
- NAV per share (As on March 31, 2026)
- ₹149.74
- ROCE
- 19.14%
- EBITDA margin
- 15.71%
- PAT margin
- 8.70%
P/E and market cap are calculated once the price band is announced.
Source: Red Herring Prospectus dated 3 Aug 2026Updated
Financials
Consolidated, restated · ₹ crore| Period ended | 31 Mar 2026FY 2025-26 | 31 Mar 2025FY 2024-25 | 31 Mar 2024FY 2023-24 |
|---|---|---|---|
| Revenue from operations | 4,524.96 | 3,444.86 | 2,797.73 |
| Total income | 4,563.70 | 3,472.24 | 2,799.32 |
| EBITDA | 710.99 | 590.96 | 512.40 |
| Profit after tax | 396.84 | 353.89 | 298.75 |
| Net worth | 2,434.95 | 993.98 | 749.16 |
| Reserves and surplus | 2,396.65 | 975.98 | 731.05 |
| Total assets | 4,114.83 | 2,336.23 | 1,711.70 |
| Total borrowing | 841.40 | 776.06 | 554.90 |
FY 2025-26 vs FY 2024-25: revenue +31.4%, profit after tax +12.1%.
Source: Red Herring Prospectus dated 3 Aug 2026Updated
About the company
The company designs, manufactures and supplies wiring harnesses and related electrical and electronic components, mainly for two-wheeler and three-wheeler vehicles, with a growing share of EV-related products. It also supplies battery packs, sensors, controllers and switches, serving OEM customers in India and abroad.
- Incorporated
- 1998
- Industry
- Automotive Components
- CIN
- U31300PN1998PLC131629
- Website
- dhoottransmission.com
Source: Red Herring Prospectus dated 3 Aug 2026Updated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| Rahul Radhavallabh Dhoot | Promoter | — | — | — |
| BC Asia Investments XV Limited | Promoter | 55.00% | — | 1,60,18,769 |
| Mangalam Capital Private Limited | Promoter group | — | — | 31,18,833 |
Source: Red Herring Prospectus dated 3 Aug 2026Updated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Repayment or prepayment of certain borrowings of the company | 464.80 |
| Investment in subsidiaries to repay their borrowings | 301.77 |
| Setting up new wiring harness manufacturing plants at Jhajjar (Haryana) and Hosur (Tamil Nadu) | 150.00 |
| Inorganic growth through acquisitions and general corporate purposes | Set with price |
Source: Red Herring Prospectus dated 3 Aug 2026Updated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Minda Corporation Limited | ₹15.31 | 46.49× | 13.63% | ₹110.58 |
| Uno Minda Limited | ₹20.78 | 56.87× | 17.53% | ₹118.38 |
| Motherson Sumi Wiring India Limited | ₹0.94 | 43.24× | 28.92% | ₹3.26 |
| Sona BLW Precision Forgings Limited | ₹10.3 | 74.64× | 10.70% | ₹96.23 |
| Dhoot Transmission LimitedIssuer | ₹24.4 | — | 16.55% | ₹149.74 |
Source: Red Herring Prospectus dated 3 Aug 2026Updated
Strengths and risks
Our summary of what the offer document statesStrengths
- Among the leading wiring harness suppliers for two- and three-wheelers in India, per the CRISIL report cited.
- Long-standing relationships with large two- and three-wheeler OEM customers.
- Backward integration into terminals, connectors, cables and moulded parts.
- Growing presence in electric two- and three-wheeler segments.
- Revenue and EBITDA grew over the three years shown.
Risks
- Large share of revenue depends on the 2W and 3W automotive sector and on wiring harnesses.
- Top customers account for a high share of revenue, with Bajaj Auto alone at about 32% in FY2026.
- No firm long-term volume commitments from OEM customers.
- Operations are cyclical and tied to automotive production levels.
- Net Proceeds depend on a fund requirement not appraised by any independent agency.
Source: Red Herring Prospectus dated 3 Aug 2026Updated
Contacts
Source: Red Herring Prospectus dated 3 Aug 2026Updated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Demat credit
- Listing
Source: Red Herring Prospectus dated 3 Aug 2026Updated
After listing
Listing price, day-one high and low, and the change from the issue price (set at allotment) appear here after the shares list on NSE and BSE.
Frequently asked questions
When does the Dhoot Transmission IPO open and close?
According to the Red Herring Prospectus, the issue opens on Monday, 10 August 2026 and closes on Wednesday, 12 August 2026. These dates are tentative.
What is the Dhoot Transmission IPO price band?
The Red Herring Prospectus does not include a price band. The company announces it by advertisement before the issue opens, and this page is updated when it is filed.
Where will Dhoot Transmission shares list?
On NSE and BSE. The tentative listing date is Monday, 17 August 2026.
Who is the registrar of the issue?
KFin Technologies Limited (SEBI registration INR000000221). Allotment status is checked on the registrar's website.
How do I check the Dhoot Transmission IPO allotment status?
The basis of allotment is expected to be finalised on Thursday, 13 August 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (KFin Technologies Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹464.8 Cr for repayment or prepayment of certain borrowings of the company, ₹301.77 Cr for investment in subsidiaries to repay their borrowings, ₹150 Cr for setting up new wiring harness manufacturing plants at Jhajjar (Haryana) and Hosur (Tamil Nadu), and the rest for the other stated purposes.
Related IPOs
Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.