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Dhoot Transmission IPO: 30% Listing Gain Expected

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By IPO Desk•
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A worker in safety glasses and blue uniform assembles wiring harnesses at a workstation in a factory.

Worker assembling wiring harnesses at Dhoot Transmission facility

Key Highlights

Dhoot Transmission’s IPO opens Aug 10, 2026. Grey Market Premium suggests a strong ~30% listing gain, with an estimated listing price of Rs 1,130.

Dhoot Transmission’s is set to open on August 10, 2026, with its (GMP) indicating a potential listing gain of nearly 30%. The electrical and electronics company aims for an estimated listing price of Rs 1,130, against an upper price band of Rs 871.

IPO Key Figures

  • Total : Rs 3,066.89 crore
  • : Rs 1,400 crore
  • Offer-for-Sale (): Rs 1,666.89 crore
  • Current GMP: Rs 259
  • : Rs 829 to Rs 871 per share
  • : 17 shares
  • Commitment (upper price band): Rs 14,807 per lot

Important Dates

  • Issue Opens: August 10, 2026
  • Issue Closes: August 12
  • Allotment Finalization: August 13
  • Refund Initiation & Share Credit: August 14
  • : August 17

The capital generated from the IPO will primarily fund the repayment of existing borrowings. It will also finance new manufacturing facilities in Haryana and Tamil Nadu, alongside supporting general corporate objectives.

Dhoot Transmission, established in 1998, saw an 11.9% year-on-year profit increase in FY26. The company specializes in wiring harnesses and electrical distribution systems.

FY26 Financial Highlights

  • : Rs 396 crore (up from Rs 354 crore in FY25)
  • : Rs 4,563.7 crore (up from Rs 3,472.24 crore in FY25)
  • : Rs 711 crore (up from Rs 591 crore in FY25)