Dhoot Transmission Limited

Minimum Investments

₹14,093

Price Range

₹829 - ₹871

Issue Size

₹3,066.89 Cr

Lot Size

17shares

Proceeds of this IPO to be used for

Repayment/prepayment, in full or in part, of all or certain outstanding borrowings availed by the company

Investment in certain of their subsidiaries for repayment/prepayment, in full or part, of all or certain of the outstanding borrowings availed by Dhoot Autocomponents Private Limited, Dhoot Electricals Systems Private Limited, Dhoot Automotive Systems Private Limited and Dhoot Transmission UK Limited.

Setting up of a new wiring harness manufacturing plant by the company at Jhajjar, Haryana, India (“Jhajjar Wiring Harness Plant”), and Shoolagiri, Hosur, Tamil Nadu, India

Funding inorganic growth through acquisitions and general corporate purposes

Strengths & Weaknesses

Wiring harness market leadership

The company is one of the largest manufacturers of wiring harnesses for the 2W and 3W segments, with strong market presence supported by a broad product portfolio and deep integration with OEM development programs. Its rapid product development capabilities are demonstrated by delivering a customized USB Type-C charger solution within four months, which led to large-scale production, industry recognition, and repeat OEM orders

High customer switching costs advantage

The company maintains strong customer retention due to deep engineering integration and supply chain linkages that increase switching costs for customers. This is supported by timely quality delivery, customer-owned tooling, continuous value engineering and cost optimisation, and proximity to customer facilities enabling efficient change management

EV wiring harness growth exposure

The company manufactures wiring harnesses critical to power distribution, signal control, and connectivity in modern and electric vehicles, including 2W and 3W segments. With rising EV penetration in India, its revenue contribution from EV-related products has grown significantly, reflecting its increasing participation in the expanding electric mobility market

Working capital intensive

The company operates in a capital-intensive business requiring significant investments in manufacturing facilities, equipment, and working capital to support operations and expansion. Any delay or inability to secure adequate funding could hinder capacity expansion, technology upgrades, and new facility development, potentially affecting growth opportunities and financial performance

Industrial safety & accident risk

The company’s manufacturing operations involve hazardous materials and heavy machinery, exposing it to risks of industrial accidents, injuries, and property damage. Any such incidents, including fires, explosions, or equipment failures, could disrupt operations, lead to regulatory liabilities, and adversely impact financial performance and reputation

Pricing pressure & margin risk

The company faces pricing pressure from customers, competitive bidding processes, and cost reduction demands, which may limit its ability to pass on input cost increases. Additional factors such as value engineering requirements, localization, dual sourcing, and contractual penalties for quality or delivery issues may further compress margins and adversely impact revenue and profitability

Financials

Income Statement

Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.

Particulars (in Cr)	Mar 2026	Y/Y Change
Operating Revenue	4,524.96	+31.35%
Other Income	38.74	+41.54%
Total Income	4,563.70	+31.43%
Total Expenditure	4,027.75	+33.61%
EBIDT	749.73	+21.25%
Depreciation	122.54	+31.37%
Interest	91.24	+35.25%
Tax	118.84	+14.59%
Net Profit	396.65	+12.08%

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)	Mar 2026
Total Current Assets	2,619.90
Total Non-Current Assets	1,494.93
Fixed assets	1,386.32
Total Assets	4,114.82
Total Current liabilities	1,352.11
Total Non Current Liabilities	327.76
Total Equity Plus Liabilities	4,114.82
Total Shareholder Funds	2,434.34
Total Debt to Equity	35.00%

Cash Flow

Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.

Particulars (in Cr)	Mar 2026
Cash from Operating Activity	347.66
Cash from Financing Activities	1,912.33
Cash from Investing Activities	-1,261.69
Net Cash Flow	998.30

About the Company

Dhoot Transmission was incorporated on April 28, 1998. The company is one of India’s leading electrical and electronics manufacturers, designing and supplying wiring harnesses, electrical distribution systems, sensors, controllers, and related components for automotive and industrial applications. Its product portfolio supports both ICE and electric vehicles, catering to stringent performance, safety, and reliability requirements of OEMs

Promoter
Rahul Radhavallabh Dhoot
Promoter
BC Asia Investments XV Limited

FAQs for Dhoot Transmission Limited IPO

Dhoot Transmission Limited IPO refers to the initial public offering of shares by Dhoot Transmission Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

For Dhoot Transmission Limited IPO the issue size is ₹3,067 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

For Dhoot Transmission Limited IPO the minimum investment is ₹14.1 K. The minimum investment for Dhoot Transmission Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

For Dhoot Transmission Limited IPO the lot size is 17 shares. The lot size of Dhoot Transmission Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

To apply for Dhoot Transmission Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Dhoot Transmission Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Dhoot Transmission Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Dhoot Transmission Limited IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

For Dhoot Transmission Limited IPO the allotment date is 13 Aug 2026. The allotment date of Dhoot Transmission Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

For Dhoot Transmission Limited IPO, the subscription opens on 10 Aug 2026 and closes on 12 Aug 2026. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.