Dhoot Transmission IPO 2026: Price Band, Dates and Review

The Dhoot Transmission IPO opens for subscription today, 10 August 2026, marking one of the larger mainboard initial public offerings of the current primary market season. The Rs 3,066.89 crore issue is priced at a band of Rs 829 to Rs 871 per share, with a lot size of 17 shares and a minimum retail investment of Rs 14,807 at the upper price band. The Dhoot Transmission IPO will remain open for three days, closing on August 12, 2026. Allotment is expected on August 13, and the company's shares are tentatively scheduled to list on both the BSE and NSE on August 17, 2026.

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The Dhoot Transmission IPO is structured as a combination of a fresh issue of approximately Rs 1,400 crore and an offer for sale of Rs 1,666.89 crore. Axis Capital, Kotak Mahindra Capital, Jefferies India and Nomura Financial Advisory are the book-running lead managers. KFin Technologies is the registrar to the issue. The company has also offered an employee discount of Rs 80 per share on the Dhoot Transmission IPO price.

Dhoot Transmission IPO: Key Details

Particulars	Details
Issue Size	Rs 3,066.89 crore
Fresh Issue	Rs 1,400 crore
Offer for Sale	Rs 1,666.89 crore (1.91 crore shares)
Price Band	Rs 829 to Rs 871 per share
Face Value	Rs 2 per share
Lot Size	17 shares (min retail: Rs 14,807)
Employee Discount	Rs 80 per share
Open / Close	10 August to 12 August 2026
Allotment	13 August 2026
Listing	17 August 2026 (NSE and BSE)
Lead Managers	Axis Capital, Kotak, Jefferies, Nomura
Registrar	KFin Technologies

About Dhoot Transmission: Wiring Harness Manufacturing

Dhoot Transmission Limited, incorporated in April 1998 and headquartered in Pune, is one of India's leading manufacturers of automotive wiring harnesses and related electrical and electronics components. Wiring harnesses are the assemblies of wires, connectors and protective sleeves that transmit electrical power and data throughout a vehicle, making them a critical component in every automobile. The company designs, engineers, manufactures and supplies wiring harnesses and electrical distribution systems for both automotive and non-automotive applications.

The Dhoot Transmission IPO taps into investor interest in the automotive components sector, which has been benefiting from rising vehicle production in India and the accelerating transition to electric vehicles, which require significantly more complex and higher-value wiring harness systems than conventional vehicles. The company operates 23 plants currently, with two more under construction, reflecting its ongoing capacity expansion programme.

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Dhoot Transmission IPO Financial Performance

The Dhoot Transmission IPO is supported by a track record of consistent revenue and profitability growth. For FY26, the company reported revenue from operations of Rs 4,563.70 crore, up 31 percent from Rs 3,472.24 crore in FY25. Profit after tax rose to Rs 396.84 crore in FY26 from Rs 353.89 crore a year earlier, representing a 12 percent increase. EBITDA improved to Rs 710.99 crore from Rs 590.96 crore in FY25. The company's total assets stood at Rs 4,114.83 crore and net worth at Rs 2,397.15 crore as of March 31, 2026.

The Dhoot Transmission IPO anchor book demonstrated strong institutional interest, with Rs 918.27 crore raised from 72 institutional investors at Rs 871 per share on August 7, 2026. Domestic mutual funds received 61.27 percent of the anchor allocation across 46 schemes from eight fund houses including SBI, ICICI Prudential, HDFC and Axis Mutual Fund.

Use of Fresh Issue Proceeds

The Rs 1,400 crore fresh issue in the Dhoot Transmission IPO will be deployed toward capacity expansion, general corporate purposes and other operational requirements. The OFS proceeds go to selling shareholders and do not add to the company's capital. Investors should note that the Dhoot Transmission IPO's substantial OFS component means a significant portion of the issue value transfers to existing shareholders rather than funding new business development.

Key Risks for Dhoot Transmission IPO Investors

The automotive components industry is cyclical, tied to vehicle production volumes which can be affected by consumer sentiment, fuel prices, credit availability and regulatory changes. Dhoot Transmission's customer concentration in the automotive OEM segment means that any slowdown in vehicle production by key customers could disproportionately affect revenues. The company's total borrowings of Rs 841.39 crore as of March 31, 2026 represent a moderate debt load that requires consistent cash generation to service. The Dhoot Transmission IPO investors should also watch for the potential impact of the electric vehicle transition on wiring harness demand, which represents both an opportunity (higher content per EV) and a risk (new entrants with EV-specific expertise).

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How to Apply for the Dhoot Transmission IPO

Retail investors can apply for the Dhoot Transmission IPO through the ASBA (Application Supported by Blocked Amount) facility via their bank's internet banking platform or through UPI-enabled stockbroker platforms. The issue is open from August 10 to August 12, 2026. At the upper price band of Rs 871, the minimum retail investment is Rs 14,807 for one lot of 17 shares. Investors can apply for up to 13 lots under the retail category. Eligible employees can apply at a discount of Rs 80 per share.

Conclusion

The Dhoot Transmission IPO opens today on August 10, 2026, offering investors access to one of India's leading automotive wiring harness manufacturers. With Rs 3,066.89 crore in total issue size, a track record of consistent revenue growth and a strong anchor book of Rs 918.27 crore, the Dhoot Transmission IPO is one of the significant mainboard issues of the August 2026 primary market window. Investors should read the Red Herring Prospectus carefully and consult a SEBI-registered financial advisor before subscribing to the Dhoot Transmission IPO.

What is the Dhoot Transmission IPO price band?

Ans. The Dhoot Transmission IPO price band is Rs 829 to Rs 871 per share with a face value of Rs 2 per share.

What is the Dhoot Transmission IPO lot size and minimum investment?

Ans. The Dhoot Transmission IPO lot size is 17 shares. The minimum retail investment is Rs 14,807 at the upper price band of Rs 871. Eligible employees get a discount of Rs 80 per share.

When does the Dhoot Transmission IPO open and close?

Ans. The Dhoot Transmission IPO opens on 10 August 2026 and closes on 12 August 2026. Allotment is expected on 13 August 2026, and shares are tentatively scheduled to list on NSE and BSE on 17 August 2026.

What does Dhoot Transmission Limited do?

Ans. Dhoot Transmission Limited manufactures automotive wiring harnesses and related electrical and electronics components. It designs, engineers and supplies wiring harnesses and electrical distribution systems for automotive and non-automotive applications from its 23 plants across India.

What were Dhoot Transmission's FY26 financial results?

Ans. Dhoot Transmission reported revenue of Rs 4,563.70 crore in FY26, up 31 percent year-on-year. Profit after tax rose 12 percent to Rs 396.84 crore. EBITDA improved to Rs 710.99 crore from Rs 590.96 crore in FY25.

What is the Dhoot Transmission IPO allotment date and listing date?

Ans. The Dhoot Transmission IPO allotment date is 13 August 2026. The tentative listing date is 17 August 2026 on both BSE and NSE.

Should I invest in the Dhoot Transmission IPO?

Ans. This article does not constitute investment advice. Investors should read the Red Herring Prospectus, understand the company's business model and risk factors, and consult a SEBI-registered financial advisor before applying for the Dhoot Transmission IPO.