Dhoot Transmission IPO Oversubscribed 75x, Lists Aug 17

Dhoot Transmission’s Initial Public Offering (IPO) was oversubscribed by an impressive 75.06 times when bidding concluded on August 12. The company’s shares are scheduled for listing on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on August 17, 2026.

Key IPO Figures

• Oversubscription: 75.06 times
• Amount sought: ₹3,067 crore
• Share price range: ₹829 to ₹871 apiece
• Minimum bid lot: 17 shares
• Grey Market Premium (GMP): around ₹276

Institutional buyers were the primary drivers of this significant demand throughout the three-day bidding window, which ran from August 10 to August 12. The Nashik-based firm, established in 1998, is a key manufacturer in the automotive sector.

Automotive Component Focus

Dhoot Transmission specializes in essential automotive components. These include wiring harnesses, battery packs, sensors, electronic controllers, and switches.

The company supplies these critical parts to leading car manufacturers across India, positioning it within the expanding electrical and electronics supply chain. This role is especially pertinent given the country’s ongoing transition towards electric vehicles.

Post-Bidding Timeline

• Allotment status live: August 13
• Refunds for non-allottees: August 14
• Shares credited to demat accounts: August 14
• Listing date: August 17, 2026

Investors can verify their allotment status via KFin Technologies, the official registrar for the issue, or through the websites of the BSE and NSE. The grey market premium for Dhoot Transmission, at around ₹276, indicated strong investor optimism for its listing performance.

This listing contributes to a busy period for India’s primary market, with companies integral to electric vehicle supply chains attracting considerable investor interest. The real test for Dhoot Transmission will be maintaining its momentum once open trading commences on August 17, 2026.