Updated · GMP, subscription and listing data refresh through the day.
Market capitalisation is the post-issue share count in the offer document’s capital structure (20,45,48,057 shares) multiplied by the upper end of the price band, ₹871. It is arithmetic on those two filed figures, not a valuation.
| ₹ crore | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | ₹2,797.73 | ₹3,444.86 | ₹4,524.96 |
| Expenses | — | — | — |
| Net profit (PAT) | ₹298.75 | ₹353.89 | ₹396.84 |
| PAT margin | 10.7% | 10.3% | 8.8% |
| Total assets | ₹1,711.7 | ₹2,336.23 | ₹4,114.82 |
The founding owners and their group entities.
Post-issue pattern as filed with the NSE. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.
| # | Anchor investor | Shares | % of book | ₹ Cr |
|---|---|---|---|---|
| 1 | ICICI PRUDENTIAL SMALLCAP FUND Mutual | 8,23,480 | 7.81% | 71.73 |
| 2 | SBI MULTICAP FUND Mutual | 6,31,465 | 5.99% | 55.00 |
| 3 | ASHOKA WHITEOAK ICAV - ASHOKA FPI WHITEOAK EMERGING MARKETS | 5,16,664 | 4.9% | 45.00 |
| 4 | MIRAE ASSET FOCUSED FUND Mutual | 5,16,664 | 4.9% | 45.00 |
| 5 | ABU DHABI INVESTMENT FPI AUTHORITY - STABLE | 4,01,846 | 3.81% | 35.00 |
| 6 | BLACKROCK GLOBAL FUNDS - INDIA FPI FUND | 3,66,945 | 3.48% | 31.96 |
| 7 | BLACKROCK EMERGING FRONTIERS FPI MASTER FUND LIMITED | 3,21,929 | 3.05% | 28.04 |
| 8 | HDFC MUTUAL FUND - HDFC Mutual | 3,03,110 | 2.88% | 26.40 |
| 9 | SBI AUTOMOTIVE OPPORTUNITIES Mutual | 2,87,028 | 2.72% | 25.00 |
| 10 | MULTI ASSET ALLOCATION FUND AXIS MUTUAL FUND TRUSTEE Mutual | 2,44,613 | 2.32% | 21.31 |
| 11 | PICTET - INDIAN EQUITIES FPI | 2,29,636 | 2.18% | 20.00 |
| 12 | ALLIANZ GLOBAL INVESTORS FUND - FPI ALLIANZ INDIA EQUITY | 2,29,636 | 2.18% | 20.00 |
| 13 | FRANKLIN INDIA BALANCED Mutual | 2,29,636 | 2.18% | 20.00 |
| 14 | CANARA ROBECO MUTUAL FUND A/C Mutual | 2,29,636 | 2.18% | 20.00 |
| 15 | SBI LIFE INSURANCE CO. LTD Insurance | 2,29,636 | 2.18% | 20.00 |
| 16 | HDFC LIFE INSURANCE COMPANY Insurance LIMITED | 2,29,636 | 2.18% | 20.00 |
| 17 | ICICI PRUDENTIAL LIFE INSURANCE Insurance COMPANY LIMITED | 2,29,636 | 2.18% | 20.00 |
| 18 | 3P INDIA EQUITY FUND 1M AIF | 2,29,636 | 2.18% | 20.00 |
| 19 | HDFC MUTUAL FUND - HDFC Mutual | 2,29,619 | 2.18% | 20.00 |
| 20 | HDFC MUTUAL FUND - HDFC Mutual | 2,29,619 | 2.18% | 20.00 |
| 21 | ABU DHABI INVESTMENT FPI AUTHORITY - MONSOON | 1,72,227 | 1.63% | 15.00 |
| 22 | NIPPON LIFE INDIA TRUSTEE LTD-A/C Mutual | 1,72,227 | 1.63% | 15.00 |
| 23 | GOVERNMENT PENSION FUND FPI GLOBAL | 1,72,227 | 1.63% | 15.00 |
| 24 | AMUNDI FUNDS NEW SILK ROAD FPI | 1,72,227 | 1.63% | 15.00 |
| 25 | INVESCO INDIA MANUFACTURING Mutual | 1,72,227 | 1.63% | 15.00 |
| 26 | SUNDARAM MUTUAL FUND A/C Mutual | 1,72,227 | 1.63% | 15.00 |
| 27 | NIPPON LIFE INDIA TRUSTEE LTD-A/C Mutual | 1,72,210 | 1.63% | 15.00 |
| 28 | UTI-TRANSPORTATION AND Mutual | 1,37,785 | 1.31% | 12.00 |
| 29 | MOTILAL OSWAL LARGE CAP FUND Mutual | 1,37,785 | 1.31% | 12.00 |
| 30 | PGIM INDIA TRUSTEE PRIVATE Mutual | 1,29,659 | 1.23% | 11.29 |
| 31 | RECENTLY LISTED IPO FUND EDELWEISS BUSINESS CYCLE FUND Mutual | 1,14,818 | 1.09% | 10.00 |
| 32 | BAJAJ LIFE INSURANCE LIMITED Insurance | 1,14,818 | 1.09% | 10.00 |
| 33 | 360 ONE LVF TREASURY SOLUTIONS AIF FUND | 1,14,818 | 1.09% | 10.00 |
| 34 | HDFC MUTUAL FUND - HDFC Mutual | 1,10,211 | 1.05% | 9.60 |
| 35 | AXIS MUTUAL FUND TRUSTEE LTD Mutual | 1,06,777 | 1.01% | 9.30 |
| 36 | TATA FLEXI CAP FUND Mutual | 96,679 | 0.92% | 8.42 |
| 37 | TATA MUTUAL FUND - TATA ELSS Mutual | 96,679 | 0.92% | 8.42 |
| 38 | UTI MULTI CAP FUND Mutual | 91,851 | 0.87% | 8.00 |
| 39 | MOTILAL OSWAL INNOVATION Mutual | 91,851 | 0.87% | 8.00 |
| 40 | AXIS MUTUAL FUND TRUSTEE Mutual | 89,539 | 0.85% | 7.80 |
| 41 | BAJAJ FINSERV CONSUMPTION FUND Mutual | 87,789 | 0.83% | 7.65 |
| 42 | TAKSH INDIA ENTERPRISING FUND AIF | 87,789 | 0.83% | 7.65 |
| 43 | CHARTERED FINANCE & LEASING NBFC LIMITED | 87,789 | 0.83% | 7.65 |
| 44 | ISIF EQUITY EX-TOP 100 LONG-SHORT Mutual | 63,342 | 0.6% | 5.52 |
| 45 | AMUNDI FUNDS ASIA EQUITY FOCUS FPI | 57,409 | 0.54% | 5.00 |
| 46 | SUMMIT EQUITY LONG-SHORT FUND Mutual | 57,409 | 0.54% | 5.00 |
| 47 | BANDHAN TRANSPORTATION AND Mutual | 57,409 | 0.54% | 5.00 |
| 48 | BANDHAN MIDCAP FUND Mutual | 57,409 | 0.54% | 5.00 |
| 49 | BANDHAN LARGE CAP FUND Mutual | 57,409 | 0.54% | 5.00 |
| 50 | HSBC MUTUAL FUND - HSBC FLEXI Mutual | 54,502 | 0.52% | 4.75 |
| 51 | HSBC MUTUAL FUND - HSBC SMALL Mutual | 54,502 | 0.52% | 4.75 |
| 52 | HDFC MUTUAL FUND - HDFC Mutual | 45,934 | 0.44% | 4.00 |
| 53 | AXIS MULTICAP FUND AXIS MUTUAL FUND TRUSTEE Mutual | 44,761 | 0.42% | 3.90 |
| 54 | HSBC MUTUAL FUND - HSBC Mutual | 43,605 | 0.41% | 3.80 |
| 55 | AXIS MAX LIFE INSURANCE LIMITED Insurance A/C UEGFH - HIGH GROWTH FUND II | 36,144 | 0.34% | 3.15 |
| 56 | AXIS MAX LIFE INSURANCE LIMITED Insurance A/C - ULIF00225/06/04LIFEBALANC104 | 36,142 | 0.34% | 3.15 |
| 57 | PGIM INDIA TRUSTEE PRIVATE Mutual | 34,459 | 0.33% | 3.00 |
| 58 | AXIS MAX LIFE INSURANCE LIMITED Insurance A/C SUSTAINABLE EQUITY FUND | 34,442 | 0.33% | 3.00 |
| 59 | ISIF EQUITY LONG-SHORT FUND Mutual | 31,671 | 0.3% | 2.76 |
| 60 | EDELWEISS TRUSTEESHIP CO LTD AC Mutual | 28,713 | 0.27% | 2.50 |
| 61 | EDELWEISS TRUSTEESHIP CO LTD AC Mutual | 28,696 | 0.27% | 2.50 |
| 62 | TATA DIVIDEND YIELD FUND Mutual | 24,208 | 0.23% | 2.11 |
| 63 | AXIS INNOVATION FUND AXIS MUTUAL FUND TRUSTEE LTD. Mutual | 20,655 | 0.2% | 1.80 |
| 64 | HSBC MUTUAL FUND - HSBC Mutual | 19,618 | 0.19% | 1.71 |
| 65 | TITANIUM HYBRID LONG-SHORT Mutual | 12,070 | 0.11% | 1.05 |
| 66 | PGIM INDIA TRUSTEE PRIVATE Mutual | 8,109 | 0.08% | 0.71 |
| 67 | AXIS MAX LIFE INSURANCE LIMITED Insurance A/C UMFPH - HIGH GROWTH PENSION | 3,434 | 0.03% | 0.30 |
| 68 | AXIS MAX LIFE INSURANCE LIMITED Insurance A/C UHG2S - INDIA CONSUMPTION | 3,434 | 0.03% | 0.30 |
| 69 | AXIS MAX LIFE INSURANCE LIMITED Insurance A/C | 2,295 | 0.02% | 0.20 |
| 70 | AXIS MAX LIFE INSURANCE LIMITED Insurance PENSION PRESERVER | 1,139 | 0.01% | 0.10 |
| 71 | ) AXIS MAX LIFE INSURANCE LIMITED Insurance A/C - ULIF00625/11/05PENSBALANC104 | 1,139 | 0.01% | 0.10 |
Ranked by size of allocation; every anchor in an issue pays the same price, so the ranking is the same whether read in shares, rupees or share of the book. Anchor investors are allotted shares one day before the issue opens, at a price fixed on that day, and are locked in afterwards (30 days for half the allocation, 90 days for the rest). Read straight from the company’s own Anchor Allocation intimation letter filed with the exchanges — names appear exactly as printed there. Percentages are the filer’s own and total the anchor portion, not the whole issue. View the filed letter
| Application | Shares | Amount at ₹871 |
|---|---|---|
| Retail (min)1 lot | 17 | ₹14,807 |
| Retail (max)13 lots | 221 | ₹1,92,491 |
| sHNI (min)14 lots | 238 | ₹2,07,298 |
| bHNI (min)68 lots | 1,156 | ₹10,06,876 |
One lot is 17 shares, so a single application at the ₹871 cut-off costs ₹14,807. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
The draft red herring prospectus is filed with SEBI before the issue; the red herring prospectus adds the price band and dates just before bidding opens. Both describe the business, the restated financials, the risk factors and how the proceeds will be used.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Dhoot Transmission Limited, the registrar is KFin Technologies Limited — allotment is finalised in the days between the issue closing on 12 Aug 2026 and listing on 17 Aug 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.
The offer document for the Dhoot Transmission Limited IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.
The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.
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 page lists all 7 as disclosed.
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 page lists all 8 disclosed risk factors.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹262 on a ₹871 upper band means the grey market is dealing at ₹1,133.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
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.