Dhoot Transmission Share Price: Stock Lists at 38% Premium on Debut on August 17, 2026
Dhoot Transmission shares made their debut on Dalal Street on August 17, 2026, listing at a premium of 38% over the IPO price. The company opened trading at ₹1,200 on NSE compared to its issue price of ₹871, attracting significant investor attention.
Dhoot Transmission IPO Details
The public offering of Dhoot Transmission, open from August 10 to August 12, 2026, witnessed overwhelming interest. It achieved a subscription rate of 74.21 times.
The Qualified Institutional Buyers (QIB) category was notably the most subscribed at 212.92 times, followed by Non-Institutional Investors (NII) at 51.93 times, and retail investors at 8.12 times.
The IPO included a fresh issuance of 1.61 crore shares valued at ₹1,400 crore and an Offer for Sale (OFS) of 1.91 crore shares aggregating to ₹1,666.89 crore.
Prior to the IPO, the firm raised ₹918.27 crore from 72 anchor investors at the upper band of the IPO price, ₹871 per share.
Purpose of the IPO Proceeds
The proceeds from Dhoot Transmission’s IPO are allocated towards reducing the company's debt and expansion initiatives. Approximately ₹464.80 crore is aimed for repayment or prepayment of certain borrowings.
An additional ₹301.77 crore is designated for strengthening its subsidiaries, which include Dhoot Autocomponents Private Limited and others.
Company's Operational Focus
Dhoot Transmission, established in April 1998, is a significant entity in India's automotive wiring harness industry. It supplies various automotive and industrial applications, offering products such as battery packs, sensors, and electronic controllers.
The company ranks among the top 2 for the wiring harness market in India's two-wheeler and three-wheeler segments with a market share of 41%, further enhancing its dominance in electric vehicle platforms with a 70% share by financial year 2026.
Financial Highlights FY26
For the fiscal year 2026, Dhoot Transmission reported a revenue increase of 31%, marking ₹4,563.70 crore, compared to ₹3,472.24 crore in FY25. The company’s Profit After Tax (PAT) rose by 12% year-on-year, reaching ₹396.84 crore from ₹353.89 crore.
Dhoot Transmission Share Price Performance
As of August 17, 2026, at 10:56 AM, Dhoot Transmission share price on NSE was trading at ₹1,147.60, up by 31.76% from its initial IPO issue price of ₹871.
Conclusion
On its market debut, Dhoot Transmission shares opened at a 38% premium at ₹1,200 against the IPO price of ₹871. The IPO garnered a robust response with a subscription rate of 74.21 times, and the company's FY26 revenue increased by 31% to ₹4,563.70 crore.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Aug 17, 2026, 11:21 AM IST
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