🔥 Trending Dhoot Transmission IPO: GMP, Dates, and Allotment Details

Dhoot Transmission Limited is set to launch its Initial Public Offering (IPO) with the public subscription opening on August 10, 2026, and closing on August 12, 2026 ¹²⁵⁶⁹. The company has fixed the price band for its shares at ₹829 to ₹871 per share ³⁴⁷¹⁰.

Key Details of the Dhoot Transmission IPO

Issue Size and Structure

The total IPO size is approximately ₹3,066.89 crore ²³⁵⁹. This offering is structured to include both a fresh issue of shares and an Offer For Sale (OFS) component ⁷¹⁰.

• Fresh Issue: This portion aims to raise ₹1,400 crore through the issuance of 1.61 crore new shares ⁷⁹. The proceeds from the fresh issue are intended to fund debt repayment and establish new manufacturing plants ¹⁰.
• Offer For Sale (OFS): This involves the sale of 1.91 crore existing shares by current investors, including those backed by Bain Capital ⁷⁹.

Important Dates

The timeline for the Dhoot Transmission IPO is as follows:

• Anchor Investor Bidding: August 7, 2026 ¹⁶⁹. The company successfully raised ₹918.3 crore from anchor investors prior to the public opening ⁸.
• Public Subscription Open: August 10, 2026 ¹²⁵⁶⁹.
• Public Subscription Close: August 12, 2026 ¹⁵⁶⁹.
• Basis of Allotment Finalization: Expected on August 13, 2026 ¹.

Grey Market Premium (GMP)

Ahead of the issue opening, the IPO's Grey Market Premium (GMP) was reported to be nearing 30% ¹³. GMP is an unofficial indicator of the expected listing performance of an IPO, reflecting investor sentiment in the unlisted market.

Company Background

Dhoot Transmission Limited is a manufacturer of wiring harnesses and other automotive components, serving various sectors including automotive and off-highway applications ⁸.