How to Check Dhoot Transmission IPO Allotment Status

Dhoot Transmission Limited is an automotive components manufacturer supplying electrical and electronic solutions to original equipment manufacturers (OEMs) across the automotive and consumer durables industries. The company was founded in 1999 and has developed a significant presence in wiring harnesses and related electrical products.  

Its product portfolio includes wiring harnesses, electronic sensors and controllers, switches, connection systems and other electrical and electronic components. The company caters to two-wheelers, three-wheelers, passenger and commercial vehicles, electric vehicles and consumer durable applications. 

Dhoot Transmission has a particularly strong position in the two- and three-wheeler wiring harness market and has built a sizeable presence in wiring harnesses for electric two- and three-wheelers. The company is backed by Bain Capital and operates manufacturing facilities in India as well as international markets.  

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Dhoot Transmission IPO is a book-built mainboard issue of ₹3,066.89 crore. The IPO comprises a fresh issue of ₹1,400 crore along with an offer for sale by existing shareholders.  

The IPO opened for subscription on August 10, 2026 and closed on August 12, 2026. The basis of allotment is expected to be finalised on August 13, 2026, while the shares are proposed to be listed on BSE and NSE.  

The IPO price band was fixed at ₹829 to ₹871 per share, with a lot size of 17 shares.  

Registrar:  Kfin Technologies Ltd. 

BSE: BSE IPO Allotment Status Page 

NSE: NSE IPO Allotment Status Page 

Dhoot Transmission IPO Subscription Status 

Dhoot Transmission IPO was subscribed 75.06 times on August 12, 2026, based on the final subscription data provided. The issue witnessed exceptionally strong institutional demand, with the QIB category recording the highest subscription.

The QIB category witnessed the strongest demand and was subscribed 209.02 times on the final day. 

The NII portion was subscribed 53.13 times, reflecting strong participation from non-institutional investors. 

Retail Investors subscribed 8.32 times, while the employee category was subscribed 8.59 times. 

The overall issue closed at 75.06 times subscription, compared with 3.53 times at the end of Day 2, highlighting the dramatic surge in institutional bidding on the final day. Contemporary market reports similarly recorded overall demand of roughly 74–75 times and QIB subscription above 200 times, with minor differences attributable to reporting cut-offs.  

Dhoot Transmission IPO Share Price and Investment Details 

Dhoot Transmission IPO price band was fixed at ₹829 to ₹871 per share, with a lot size of 17 shares. At the upper end of the price band, one lot requires an investment of ₹14,807.  

The shares are proposed to be listed on both BSE and NSE. With the QIB category subscribed more than 200 times and overall demand exceeding 75 times based on the provided final data, competition for allotment is high. 

The IPO's strong final-day demand was driven primarily by institutional investors, with market coverage also reporting positive grey-market sentiment ahead of allotment. Grey-market premiums are unofficial, however, and do not guarantee the eventual listing price.  

Utilisation of IPO Proceeds 

Dhoot Transmission proposes to utilise ₹493.99 crore from the fresh issue proceeds towards repayment or prepayment of certain outstanding borrowings of the company. Another ₹272.59 crore is proposed to be invested in certain subsidiaries for repayment or prepayment of their borrowings.  

The company also proposes to utilise ₹150 crore towards establishing new wiring harness manufacturing facilities at Jhajjar, Haryana and Hosur, Tamil Nadu. The remaining proceeds will be deployed for other purposes specified in the offer documents, including general corporate purposes.  

The company will not receive proceeds attributable to the offer-for-sale portion, which will go to the selling shareholder after applicable expenses and taxes.  

Business Overview 

Dhoot Transmission operates within the automotive electrical and electronics components industry, with wiring harnesses forming an important part of its business. The company supplies OEM customers across conventional internal-combustion-engine vehicles, electric vehicles and consumer durable applications.  

Its positioning in electric mobility is an important part of its growth story. According to its IPO disclosures and contemporary reporting, Dhoot Transmission has a strong market position in wiring harnesses for electric two- and three-wheelers, giving the company exposure to India's ongoing transition towards EVs.  

The company's expansion plans include new wiring harness manufacturing facilities in Haryana and Tamil Nadu, while a portion of the IPO proceeds will also be used to reduce debt at both the company and subsidiary levels.  

Key strengths include its established relationships with automotive OEMs, strong position in two- and three-wheeler wiring harnesses, exposure to electric mobility, diversified electrical and electronics product portfolio and domestic and international manufacturing presence. 

Investors should also consider risks associated with dependence on major automotive OEM customers, cyclicality in vehicle production, fluctuations in raw-material prices, technological changes associated with EVs and automotive electronics, competitive pricing pressure and execution risks related to capacity expansion.