Dhoot Transmission
Price Band
₹829 - ₹871
Lot Size
17 Shares
Issue Size
₹3,066.89 Cr
Fresh Issue
₹1,400.00 Cr
OFS
₹1,666.89 Cr
Registrar
AI Sentiment Score
Listing Price
₹1,200.00
vs Issue: ₹871 (+37.77%)
📅 IPO Timeline
✓
Open
Aug 10, 2026
✓
Close
Aug 12, 2026
✓
Allotment
Aug 13, 2026
✓
Refund
Aug 14, 2026
✓
Demat
Aug 14, 2026
✓
Listing
Aug 17, 2026
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
Dhoot Transmission displays an established operational footprint with expanding revenue streams (43.1% CAGR) and a defensible value proposition.
💪 Strengths
- Demonstrated operational revenue trajectory with resilient top-line growth (43.1% CAGR).
- Established customer relationships and market position across target industry sectors.
- Sound operational capital returns with Return on Capital Employed (ROCE) at 24.4%.
⚠️ Weaknesses
- Exposure to input cost fluctuations and broader macroeconomic supply chain cycles.
- Working capital requirements to support continuous capacity expansion.
- Competitive landscape from both established incumbents and specialized regional players.
🚀 Opportunities
- Industry tailwinds from rising domestic capex and infrastructure spending.
- Operating leverage potential allowing margin expansion as manufacturing utilization rises.
- Geographic diversification and entry into higher-margin specialized product lines.
🛡️ Threats
- Sectoral regulatory shifts and evolving statutory compliance requirements.
- Aggressive pricing actions by domestic competitors impacting gross margins.
- Broader market equity volatility and liquidity fluctuations.
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| Repayment/prepayment, in full or in part, of all or certain outstanding borrowings availed by the Company | ₹464.80 |
| Investment in certain of our Subsidiaries, namely, Dhoot Autocomponents Private Limited, Dhoot Electricals Systems Private Limited, Dhoot Automotive Systems Private Limited and Dhoot Transmission UK Limited, for repayment/prepayment, in full or part, of all or certain of the outstanding borrowings availed by these Subsidiaries. | ₹301.77 |
| Setting up of a new wiring harness manufacturing plant of the Company at (i) Sector 11, Jhajjar, Haryana, India; and (ii) Shoolagiri, Hosur, Tamil Nadu, India | ₹150.00 |
| Funding inorganic growth through unidentified acquisitions and general corporate purposes(1) | ₹2,150.32 |
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
| Metric | FY22 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue (₹ Cr) | Rs 1,544.00 Cr | Rs 2,798.00 Cr | Rs 3,445.00 Cr | Rs 4,525.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs 42.00 Cr | Rs 299.00 Cr | Rs 354.00 Cr | Rs 397.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 147.00 Cr | Rs 517.00 Cr | Rs 594.00 Cr | Rs 713.00 Cr |
| Borrowings (₹ Cr) | Rs 383.00 Cr | Rs 576.00 Cr | Rs 815.00 Cr | Rs 918.00 Cr |
| Total Assets (₹ Cr) | Rs 941.00 Cr | Rs 1,694.00 Cr | Rs 2,323.00 Cr | Rs 4,106.00 Cr |
| ROE % | 0.00% | 0.00% | 0.00% | 0.00% |
| ROCE % | 24.40% | 24.40% | 24.40% | 24.40% |
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 |
Company P/E
67.5x
Industry P/E
77.6x
Debt/Equity
0.38
⚖️ Valuation Benchmark Range
🟢 Attractively Priced vs Industry Peers
Industry 77.6x
IPO 67.5x
0x (Deep Value)
105x (High Multiple)
📋 Live Subscription Status
QIB
212.92x
NII
58.07x
Retail
8.12x
Total
74.21x
🎯 Retail Allotment Probability
12.3% Odds
1 in 8.1 chance (~12.3% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Sep 12, 2026 2:29 PM
💼 Issue Structure & Reservation Quota
Capital Structure
₹3,066.9 Cr
Issue Size
Fresh (45.6%)
OFS (54.4%)
Reservation Quota
100%
Allocation
QIB (50%)
NII (15%)
Retail (35%)
QIB
50.00%
Retail
35.00%
NII
15.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Check Allotment StatusCheck Now →
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.