Dhoot Transmission Ltd IPO

Dhoot Transmission Ltd IPO

We are one of India's leading electrical and electronics (E&E) companies. We design, engineer, manufacture and supply critical wiring harnesses that integrate electronic sensors and controllers, switches, terminals, connectors, junction boxes, high-voltage interconnection systems and data cables, delivering application-specific architectures across platforms. We serve both automotive and non-automotive applications, supporting stringent performance, safety and reliability requirements for OEMs. In line with the industry's shift in powertrain, we cater to the spectrum of powertrain architectures across customer segments and end markets. We manufacture wiring harnesses and electrical distribution systems for internal combustion engine (ICE) vehicles and electric vehicles (EV). Our offerings also include battery packs, switches, sensors (such as ABS sensors and lean angle sensors), controllers (such as USB chargers and light control modules) and power supply cords. Further, we are in the process of developing certain products such as side stand sensors and temperature sensors.

Dhoot Transmission Ltd IPO Details

Total Shares Offered

₹ 3,52,11,080

Offer to Public

1,91,37,602

Retail Max (Shares)

₹ 1,22,99,768

Pre Issue Promoters Holding

₹ 17,70,51,245

Exchange

DBC

Issue size

₹ 3066.89 Cr

IPO Open Date

Aug 10, 2026

Close Date

Aug 12, 2026

Lot Size

17

Min Investment

₹ 14,093

Issue Type

Book Building

Listing Date

Aug 17, 2026

Dhoot Transmission Ltd IPO Dates

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Aug 10, 2026
Opening date
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Aug 12, 2026
Closing date
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Aug 13, 2026
Basis of Allotment
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Aug 13, 2026
Initiation of Refunds
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Aug 14, 2026
Credit of Shares
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Aug 17, 2026
Listing date

Details

SectorType
SectorElectric Equipment
Sub SectorNA
Issue TypeBook Building

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Dhoot Transmission Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations3,444.862,797.732,125.86
EBITDA329.29361.52224.77
PAT156.38189.80100.58
Total Assets735.47581.24431.69
Share Capital17.5917.5917.59
Total Borrowings415.21356.48336.19
Operating Activities (Net Cash)212.80244.23149.14
Investing Activities (Net Cash)128.02100.2087.67
Financing Activities (Net Cash)415.21356.48336.19
Net Cashflow8.5712.5225.33

About Dhoot Transmission Ltd

Our Company was originally incorporated as Dhoot Transmission Private Limited as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated April 28, 1998, issued by the Assistant Registrar of Companies, Maharashtra at Mumbai. Further, the registered office of our Company was changed from Dhoot Motors Adalat Road, Aurangabad 431 001, Maharashtra, India, to our current Registered Office pursuant to a fresh certificate of incorporation dated March 18, 2008 issued by the Registrar of Companies, Maharashtra at Pune (RoC). For further details, see History and Certain Corporate Matters-Changes in the Registered Office on page 291 . Subsequently, upon conversion of our Company into a public limited company, the name of our Company was changed to Dhoot Transmission Limited pursuant to a resolution passed by our Board on November 24, 2025 and by our Shareholders on November 25, 2025, and a fresh certificate of incorporation dated December 4, 2025 was issued by the RoC.

We are one of India's leading electrical and electronics (E&E) companies. We design, engineer, manufacture and supply critical wiring harnesses that integrate electronic sensors and controllers, switches, terminals, connectors, junction boxes, high-voltage interconnection systems and data cables, delivering application-specific architectures across platforms. We serve both automotive and non-automotive applications, supporting stringent performance, safety and reliability requirements for OEMs. In line with the industry's shift in powertrain, we cater to the spectrum of powertrain architectures across customer segments and end markets. We manufacture wiring harnesses and electrical distribution systems for internal combustion engine (ICE) vehicles and electric vehicles (EV). Our offerings also include battery packs, switches, sensors (such as ABS sensors and lean angle sensors), controllers (such as USB chargers and light control modules) and power supply cords. Further, we are in the process of developing certain products such as side stand sensors and temperature sensors.

Peer Comparison:

  • Minda Corporation Ltd
  • Uno Minda Ltd
  • Motherson Sumi Wiring India Ltd
  • Sona BLW Precision Forgings Ltd

Dhoot Transmission Ltd Key Points

Strengths

Established leadership position in India and scaled operations in 2W and 3W wiring harnesses, supported by an extensive and critical product portfolio.

It's positioned to capitalize on key industry trends, leveraging our differentiated capabilities to deliver sustained growth and value.

Strong business foundation anchored by a marquee customer base and diversified business mix, enabling sustained growth.

Strong financial performance.

Professional & Experienced Management Team, robust R&D team and investor support.

Risk

We derived a significant portion of our revenue from operations (Rs.29,626.97 million, Rs.23,049.09 million and Rs.18,052.79 million, i.e. 65.47%, 66.91% and 64.53%, in Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively) from the two-wheeler (2W) automotive sector in India, and Rs.5,817.77 million, Rs.4,305.00 million and Rs.3,275.70 million, i.e. 12.86%, 12.50% and 11.71%, in Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively, from the three-wheeler (3W) automotive sector in India, in each case primarily through the sale of wiring harnesses, which constituted 77.08%, 78.00% and 81.93% of our revenue from operations in Fiscals 2026, 2025 and 2024, respectively. Any adverse changes in these sectors in India, or in demand for, pricing of or technology relating to wiring harnesses, could adversely impact our business, results of operations, cash flows and financial condition.

We are dependent on our top five and top ten customers. Our top ten customers (based on contribution to revenue from operations in Fiscal 2026) contributed 80.93%, 81.81% and 77.90% of our revenue from operations in Fiscals 2026, 2025 and 2024, respectively. Any failure to maintain our relationship with these customers will have an adverse effect on our business, results of operations, cash flows and financial condition.

We do not have firm, long-term volume commitments with OEM customers. Termination, modification or reductions in customer requirements could adversely affect our business, results of operations, financial condition and cash flows.

Strategy

Capitalizing on trends toward electrification and premiumization to broaden our product portfolio across segments and technologies, driving greater content per vehicle and expanding our customer base.

Continue to focus on our design, research and development (R&D) and engineering capabilities to develop innovative systems and solutions, as well as improve our manufacturing efficiencies.

Invest ahead of demand through capacity expansion.

Pursue selective inorganic expansion through acquisitions, joint ventures or technology partnerships to gain access to new technologies, customers, and global markets.

How To Apply for Dhoot Transmission Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Dhoot Transmission Ltd IPO?

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Dhoot Transmission Ltd's IPO offers shares for up to 1,400 It begins on Aug 10, 2026 and ends on Aug 12, 2026.

What is the price of the Dhoot Transmission Ltd IPO?

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The price of Dhoot Transmission Ltd IPO ranges between ₹829 to ₹871 per share.

What are the open and close dates for the Dhoot Transmission Ltd IPO?

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The Dhoot Transmission Ltd IPO opens on Aug 10, 2026 and closes on Aug 12, 2026.

When will the Dhoot Transmission Ltd IPO be allotted?

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The allotment for the Dhoot Transmission Ltd IPO will be finalised on Aug 13, 2026. The shares will be listed on BSE and NSE on Aug 17, 2026.

What is the minimum lot size required for Dhoot Transmission Ltd IPO?

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The minimum lot size for Dhoot Transmission Ltd IPO is 17 shares, priced between ₹829 to ₹871 per share.

What is the GMP of Dhoot Transmission Ltd IPO?

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The GMP (Grey Market Premium) of Dhoot Transmission Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Dhoot Transmission Ltd IPO?

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To check the allotment status of Dhoot Transmission Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Dhoot Transmission Ltd IPO getting listed?

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The Dhoot Transmission Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Aug 10, 2026, and closes on Aug 12, 2026. The allotment is finalised on Aug 13, 2026.

How do you apply for the Dhoot Transmission Ltd IPO?

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To apply for the Dhoot Transmission Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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