Dhoot Transmission IPO: 30% Listing Gain Expected
By IPO Desk
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 IPO is set to open on August 10, 2026, with its Grey Market Premium (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 Issue Size: Rs 3,066.89 crore
- Fresh Issue: Rs 1,400 crore
- Offer-for-Sale (OFS): Rs 1,666.89 crore
- Current GMP: Rs 259
- Price Band: Rs 829 to Rs 871 per share
- Lot Size: 17 shares
- Retail Investor 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
- Listing Date: 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
- Profit After Tax: Rs 396 crore (up from Rs 354 crore in FY25)
- Total Income: Rs 4,563.7 crore (up from Rs 3,472.24 crore in FY25)
- EBITDA: Rs 711 crore (up from Rs 591 crore in FY25)