Dhoot Transmission IPO GMP & Allotment
Dhoot Transmission Limited designs, develops, and manufactures electrical and electromechanical components. The company’s core business activity is the production of wiring harnesses, cables, connectors, and power cords. Revenue is primarily generated from the sale of these products through contracts with customers. The company operates as a supplier to the automotive industry, serving original equipment manufacturers (OEMs) as well as tier 1 and tier 2 component manufacturers. Its key focus is on the two-wheeler and three-wheeler vehicle segments, which include both internal combustion engine (ICE) and electric vehicle (EV) models. A significant portion of its business comes from major OEMs, including Bajaj Auto, TVS Motor Company, and Honda Motorcycle and Scooter India, supplying both domestic and export markets.
- IPO Price Band
- ₹829.00 - ₹871.00
- Lot Size
- 17 Shares
- Bidding Closes
- 12 Aug 2026
- Listing Date
- 17 Aug 2026
Dhoot Transmission IPO GMP Today & Key Takeaways
As of 12 Aug 2026, the latest Grey Market Premium (GMP) for Dhoot Transmission IPO is ₹262, pointing to an estimated listing price of Est. ₹1,133 (+30.08% expected listing gain over the upper price band of Rs 871.00). Public bidding has closed. The basis of allotment is expected on 13 Aug 2026, ahead of stock exchange listing on 17 Aug 2026.
As of 12 Aug 2026, the latest Grey Market Premium (GMP) for Dhoot Transmission IPO is ₹262, pointing to an estimated listing price of Est. ₹1,133 (+30.08% expected listing gain over the upper price band of ₹871.00). Bidding has closed. The basis of allotment is expected on 13 Aug 2026, ahead of stock exchange listing on 17 Aug 2026.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹262 | +30.08% vs upper band (12 Aug 2026) |
| Est. Listing Price | Est. ₹1,133 | +30.08% Est. Listing Gain |
| Price Band | ₹829.00 - ₹871.00 | Mainboard IPO |
| Retail Minimum Investment | ₹14,807 | 1 Lot (17 Shares) |
| Bidding Window | 10 Aug 2026 – 12 Aug 2026 | Closed |
| Allotment & Listing Dates | Allotment: 13 Aug 2026 | Listing: 17 Aug 2026 |
Complete IPO information
| IPO Open Date | 10 Aug 2026 |
|---|---|
| IPO Close Date | 12 Aug 2026 |
| IPO Price Band | ₹829.00 - ₹871.00 |
| Lot Size | 17 Shares |
| Current GMP | ₹262 |
| Estimated Listing Gain | +30.08% |
| Issue Size | Approx ₹3,066.89 Cr |
| Fresh Issue | - |
| Issue Type | Mainboard |
| IPO Listing | BSE, NSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 74.21x |
| Minimum Investment | ₹14,807 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus | - |
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| QIB | 68.99 | 14,690.58 | 212.92xx |
| NII | 53.93 | 2,800.59 | 51.93xx |
| Retail | 125.84 | 1,022.02 | 8.12xx |
| Overall Subscription | 249.56 | 18,519.72 | 74.21xx |
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Dhoot Transmission is priced at ₹871 per share. With a minimum lot size of 17 shares, a retail investor applying for one lot would need approximately ₹14,807 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for Dhoot Transmission stands at ₹262, implying an estimated listing gain of around 30.08% over the issue price if it holds until listing. This is down ₹4 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Dhoot Transmission's IPO was subscribed 74.21x overall, with a category-wise breakdown of Retail 8.12x, QIB 212.92x, NII 51.93x.
Among the strengths highlighted in Dhoot Transmission's IPO documents: The company holds an established leadership position in India with scaled operations in two-wheeler and three-wheeler wiring harnesses.; Operations are positioned to capitalize on key industry trends by leveraging differentiated capabilities..
Investors should also weigh the risk factors Dhoot Transmission has disclosed, including: The top ten customers contributed over 80 percent of the total revenue in the most recent fiscal year..
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
IPO roadmap at a glance
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 10 Aug 2026 | Completed |
| Bidding Closes | 12 Aug 2026 | Completed |
| Allotment | 13 Aug 2026 | Next Milestone |
| Listing | 17 Aug 2026 | Pending |
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 12 Aug 2026 | ₹255.00 | -₹4.00 | 29.28% |
| 10 Aug 2026 | ₹259.00 | - | 29.74% |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 17 | ₹14,807 |
| Retail Maximum | 13 Lot | 221 | ₹1,92,491 |
| S-HNI Minimum | 14 Lot | 238 | ₹2,07,298 |
| S-HNI Maximum | 67 Lot | 1,139 | ₹9,92,069 |
| B-HNI Minimum | 68 Lot | 1,156 | ₹10,06,876 |
Objects of the Issue & Official Documents
Important takeaways before applying
Strengths
- The company holds an established leadership position in India with scaled operations in two-wheeler and three-wheeler wiring harnesses.
- Operations are positioned to capitalize on key industry trends by leveraging differentiated capabilities.
- The company maintains a strong business foundation anchored by a marquee customer base and a diversified business mix.
- Strong financial performance has been demonstrated through consistent revenue and profit after tax growth.
- The business is supported by an extensive and critical product portfolio that includes newly acquired electronics capabilities.
Risks
- The top ten customers contributed over 80 percent of the total revenue in the most recent fiscal year.
- Approximately 78 percent of revenue is heavily concentrated within the two-wheeler and three-wheeler automotive sectors.
- Contracts with original equipment manufacturers are strictly requirement-based and lack long-term volume commitments.
- Profit margins have experienced compression due to rising raw material costs.
- The loss of any major key customer could severely impact the financial health and daily operations of the business.
Dhoot Transmission IPO Reservation
The Dhoot Transmission IPO follows the SEBI-prescribed reservation structure for a Book Building Issue. The issue is allocated among Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors (RIIs), and Anchor Investors. The final allotment in each category will depend on investor participation and the basis of allotment finalized after the IPO closes.
The category-wise reservation details for the public issue are provided below.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| Qualified Institutional Buyers (QIB) (Excluding Anchor) | – Shares | 50% |
| Non-Institutional Investors (NII) | – Shares | 15% |
| Retail Individual Investors (RII) | – Shares | 35% |
Dhoot Transmission IPO Anchor Investors
Dhoot Transmission Limited has reserved a portion of its IPO for eligible Anchor Investors before the public issue opens for subscription. Anchor investors are Qualified Institutional Buyers (QIBs) who participate in the IPO one working day before the issue opens, helping improve price discovery and strengthen investor confidence in the offering.
The details below include the anchor bidding date, proposed allocation, issue size, and the applicable SEBI-prescribed lock-in periods. The final list of anchor investors and allocation details will be announced after the completion of the anchor placement process.
| Particular | Details |
|---|---|
| Anchor Bidding Date | August 7, 2026 |
| Anchor Investors List | To be announced |
| Shares Offered | [.] Shares |
| Anchor Issue Size | [.] Crores |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Dhoot Transmission IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 10 Aug 2026 |
| IPO Close Date | 12 Aug 2026 |
| Basis of Allotment | 13 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 17 Aug 2026 |
Note: The timeline for Dhoot Transmission IPO is tentative and subject to change.
Dhoot Transmission IPO Promoters and Holding Pattern
The promoters of Dhoot Transmission Limited have played a significant role in building and expanding the company's operations in the automotive and electrical transmission components industry. Following the IPO, the promoter group will continue to retain a controlling stake in the company while the public shareholding will increase through the fresh issue and Offer for Sale (OFS).
The table below presents the promoter and public shareholding pattern before and after the IPO based on the proposed issue structure.
Promoters of Dhoot Transmission Limited
- BC Asia Investments XV Ltd.
- Rahul Radhavallabh Dhoot
| Category | Pre IPO Shares | Pre IPO Holding | Post IPO Shares | Post IPO Holding |
|---|---|---|---|---|
| Promoter and Promoter Group | 18,84,67,612 | 100% | – | 82.77% |
| Others* | – | -% | – | 17.23% |
| Total | 18,84,67,612 | 100% | 20,45,41,090 | 100% |
Dhoot Transmission Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Dhoot Transmission About Ipo
To be updated soon
Dhoot Transmission Company Financials
To Be Updated Soon
Dhoot Transmission Company Valuation – FY2026
To Be Updated Soon
Dhoot Transmission IPO Peer Group Comparison
To Be Updated Soon
IPO Lead Managers aka Merchant Bankers
- Axis Capital Ltd.
- Jefferies India Pvt. Ltd.
- Kotak Mahindra Capital Co. Ltd.
- Nomura Financial Advisory & Securities (India) Pvt. Ltd.
- SBI Capital Markets Ltd.
- 360 One WAM Ltd.
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