Dhoot Transmission Limited Will Launch Its First Public Offering on August 10, 2026

News Desk, News Nation 360: Auto component manufacturer Dhoot Transmission Limited has opened subscriptions for its Initial Public Offering (IPO) from August 10 to 12, 2026, after completing the Anchor Bidding process on August 07, 2026. The price band for Dhoot Transmission Limited IPO is set at ₹829-871 per equity share (face value ₹2). The minimum bid lot is 17 shares (and multiples thereof), and the company has reserved shares for eligible employees on a discounted price basis at ₹80 per share in the said price band. Dhoot Transmission IPO has a valuation of ₹3,066.89 crore that comprises a fresh issuance of up to ₹1,400.00 crore and an Offer for Sale (OFS) of up to ₹1,666.89 crore. At the upper end of the price band, the issue reflects a diluted FY26 P/E multiple of 35.70x (vs. 55.31x for comparable listed companies) and a 3-year weighted average return on net worth of 27.06%. The fresh issuance proceeds will be utilised for repayment/prepayment of loans and liabilities at the company level, as well as at Dhoot Autocomponents, Dhoot Automotive Systems, and Dhoot Transmission UK, setting up new manufacturing facilities in Haryana and Tamil Nadu, inorganic acquisitions, and other corporate purposes. The IPO is book-built and managed by Axis Capital, Jefferies India, Kotak Mahindra Capital, Nomura, SBI Capital Markets, and 360 ONE WAM, and the equity shares are proposed to be listed on the BSE and NSE (Designated Stock Exchange).

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