Home/IPO/Dhoot Transmission IPO
Mainboard IPO · NSE · Listed

Dhoot Transmission IPO

Dhoot Transmission Limited is a listed issue, offered in a price band of ₹871 to ₹871 per share, in lots of 17 shares. Every figure below is taken from the issue's own filings and exchange disclosures.

Issue details

Price band
₹871 – ₹871
Lot size
17 shares
Minimum investment
₹14,807
Issue size
₹3,066.89 Cr
Fresh issue
₹1,400 Cr
Offer for sale
₹1,666.89 Cr
Opens
10 Aug 2026
Closes
12 Aug 2026
Listing date
17 Aug 2026
Registrar
KFin Technologies Limited
Symbol
DHOOTTRANS

One lot of 17 shares at the upper band price of ₹871 is ₹14,807 — the smallest retail application this issue accepts.

Lead managers: Axis Capital Limited.

Subscription status

How many times the issue has been applied for, by investor category, as reported by the exchange at 12 Aug 2026, 07:05 pm IST.

Dhoot Transmission IPO — subscription by category
CategoryTimes subscribed
Qualified institutional buyers (QIB)212.92×
Non-institutional investors (NII / HNI)51.93×
Retail individual investors8.12×
Total74.21×

Grey market premium (GMP)

Latest reported GMP
262
Implied over upper band
30.10%
As of
17 Aug 2026, 07:05 pm IST

How the reported premium has moved. The trend matters more than any single reading — a premium that is drifting down into the close is a different signal from one holding firm.

Dhoot Transmission IPO — reported GMP history
Reported atGMP
17 Aug 2026, 07:05 pm IST262
14 Aug 2026, 07:05 pm IST276
13 Aug 2026, 07:05 pm IST276
12 Aug 2026, 07:05 pm IST255
12 Aug 2026, 04:35 pm IST255
12 Aug 2026, 03:20 pm IST255
12 Aug 2026, 02:10 pm IST255
12 Aug 2026, 01:00 pm IST255
12 Aug 2026, 12:00 pm IST255
12 Aug 2026, 11:00 am IST255
12 Aug 2026, 10:00 am IST255
12 Aug 2026, 09:00 am IST255

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.

Reported financials

As disclosed in the offer document. Figures in ₹ crore unless the filing states otherwise.

Dhoot Transmission — financials from the offer document
PATAssetsExpenseRevenuePeriod Ended
₹298.75₹1,711.70₹2411.18₹2,799.322024
₹353.89₹2,336.23₹3014.64₹3,472.242025
₹396.84₹4,114.83₹4027.75₹4,563.702026

Strengths disclosed in the offer document

  • The company has established leadership in India and scaled operations in the two-wheeler and three-wheeler segments, supported by an extensive and critical product portfolio.
  • The company is positioned to capitalize on key industry trends, leveraging its differentiated capabilities to deliver sustained growth and value.
  • The company has a strong business foundation anchored by a marquee customer base and diversified business mix, enabling sustained growth.
  • The company has a strong financial performance.
  • The company benefits from a professional and experienced management team, a robust R&D team, and investor support.
  • The company's wiring harnesses are backward integrated, with critical components, including terminals, connectors, cables and moulded parts managed and manufactured in-house.
  • The company has a diversified presence across multiple end-markets, extending beyond 2W and 3W into commercial vehicles (CVs), off-highway vehicles (OHW), and farming and industrial equipment.

Risk factors disclosed in the offer document

  • The company derived a significant portion of its revenue from the two-wheeler and three-wheeler automotive sectors in India, making it vulnerable to adverse changes in these sectors.
  • The company's revenue from operations is also significantly concentrated in a single product line, namely wiring harnesses.
  • The company is dependent on its top five and top ten customers, and any failure to maintain relationships with these customers will have an adverse effect on its business.
  • The company does not have firm, long-term volume commitments with OEM customers, and reductions in customer requirements could adversely affect its business.
  • The company's business is capital intensive and may require additional financing to meet its requirements, which could have an adverse effect on its business, results of operations, cash flows and financial condition.
  • The company depends on a limited number of suppliers to procure its raw materials and components, and disruptions in supply could adversely affect its business.
  • The company may encounter delays or cost overruns during the completion of its manufacturing facilities, which may adversely affect its business, results of operations, financial condition and cash flows.
  • The company is potentially subject to laws related to anti-corruption, anti-bribery, anti-money laundering, financial and applicable primary and secondary economic sanctions, and non-compliance with such laws can subject it to administrative, civil and criminal fines and penalties, all of which could adversely affect its business, prospects, financial condition, results of operations, and cash flows.

These are the company's own disclosures, not Alphave's assessment. Read the offer document →

What this page will not tell you

Whether to apply
Alphave is NISM-certified, not a SEBI-registered research analyst. There is no rating, verdict or recommendation on this issue anywhere on this page.
What it will list at
Nobody knows, and GMP is not a forecast of it. It is an unofficial over-the-counter quote reported by third parties, shown here with its source time so you can judge how stale it is.
Your allotment
Allotment is decided by the registrar (KFin Technologies Limited) after the issue closes. Track the whole calendar in the IPO Centre.

← All current and upcoming IPOs · Open the interactive Dhoot Transmission terminal →

IPO Centre · Alphave

IPO Centre

Every Indian IPO in one place — mainboard and SME — from the day dates are announced through subscription, listing and after. Each issue carries its price band, lot size, the minimum a retail applicant needs, subscription by QIB, NII and retail category, the reported grey market premium with the time it was recorded, and the registrar and lead managers handling it.

What you can do here

Related tools on Alphave

Every tool reads the same live feed and the same filed statements, so a name you find in one opens in any of the others.

Open to everyone; the per-issue terminal needs a free account. Alphave is NISM-certified, not a SEBI-registered research analyst — nothing here is investment advice or a recommendation to buy or sell any security.