Dhoot Transmission Secures Rs 918.27 Crore from Anchor Investors

Dhoot Transmission secured Rs 918.27 crore from 72 anchor investors on August 7, 2026. This pre-IPO round saw the auto components manufacturer allocate 1,05,42,657 equity shares at Rs 871 per share.

Key Numbers from Anchor Round

• Rs 918.27 crore: Amount raised from anchor investors.
• 72: Total anchor investors.
• 1,05,42,657: Equity shares allocated.
• Rs 871: Price per equity share.
• 61.27%: Shares issued to domestic mutual funds.
• 9.21 lakh: Equity shares for life insurance and pension funds.

Domestic mutual funds received 64,59,984 equity shares, accounting for 61.27% of the total allocation. These shares were distributed across 46 schemes from eight different funds.

Life insurance companies and pension funds were allocated around 9.21 lakh equity shares from the anchor issue.

Major Anchor Participants

Prominent firms joined the anchor issue, signaling confidence ahead of the public offering.

• SBI Mutual Fund
• ICICI Prudential Mutual Fund
• HDFC Mutual Fund
• BlackRock
• WhiteOak
• Abu Dhabi Investment Authority
• Axis Mutual Fund
• Mirae

IPO Composition Details

The Dhoot Transmission IPO includes both fresh issues and an offer for sale from existing promoters.

• Fresh issues: Worth Rs 1,400 crore.
• Offer for sale: Up to 1.63 crore shares.
• Selling promoters: BC Asia Investments XV Ltd. and Mangalam Capital Pvt. Ltd.

The equity shares are slated for listing on the National Stock Exchange of India Ltd and BSE Ltd.

Planned Fund Deployment

Net proceeds from the IPO have specific allocation targets outlined by the company.

• Rs 494 crore: Repayment or prepayment of outstanding borrowings.
• Rs 272.59 crore: Investment in subsidiaries to pay off borrowings.
• Rs 150 crore: Establishing new wiring harness manufacturing plants in Haryana and Tamil Nadu.
• Remaining funds: Allocated for inorganic growth through acquisitions and general corporate purposes.

This strategic deployment of capital aims to strengthen the company’s financial position and expand its manufacturing footprint.