BSE List Price : ₹1193.80

NSE List Price : ₹1200.00

subscription

Category	Times
QIBs	209.02x
HNIs	48.95x
Retail	8.31x
Total : 73.71x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	1	17	₹14,807
Retail Maximum	13	221	₹192,491
S-HNI Minimum	14	238	₹207,298
S-HNI Maximum	67	1,139	₹992,069
B-HNI Minimum	68	1,156	₹1,006,876

About the Company

Incorporated in April 1998, Dhoot Transmission Limited is one of India's prominent electrical and electronics (E&E) companies, specializing in the design, development, manufacturing, and supply of wiring harnesses and electrical distribution systems for automotive as well as non-automotive applications. The company's broad product portfolio includes wiring harnesses, battery packs, sensors, electronic control units, automotive switches, terminals, connectors, and power supply cords designed for both internal combustion engine (ICE) and electric vehicle (EV) platforms.

The company ranks among the top two manufacturers in India's two-wheeler (2W) and three-wheeler (3W) wiring harness market, holding an estimated 41% market share. It is also a leading supplier in the electric 2W and 3W segment, with an approximately 70% market share in Fiscal 2026. In addition, its products serve commercial vehicles, off-highway vehicles, agricultural machinery, and various industrial applications.

Nearly 95% of Dhoot Transmission's automotive product portfolio is either EV-oriented or powertrain-agnostic, enabling the company to capitalize on the increasing adoption of electric mobility, connected vehicles, vehicle premiumization, and automation-driven industry trends. The company has built long-standing relationships with leading automotive OEMs while maintaining a well-diversified customer base across multiple end-use industries.

As of March 31, 2026, Dhoot Transmission had a workforce of 2,735 permanent employees across manufacturing, research and development, engineering, sales, finance, and corporate functions, supporting its operations in both domestic and international markets.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹2	₹2411.18	₹298.75	₹1711.70
2025	₹799.32	₹3014.64	₹353.89	₹2336.23
2026	₹3	₹4027.75	₹396.84	₹4114.83

Company Promoter

BC Asia Investments XV Ltd.

Rahul Radhavallabh Dhoot

Know before investing

• • Strengths

  Established relationships with leading OEMs: The company has developed long-term business associations with prominent automotive OEMs over the years. These enduring customer relationships provide stable business opportunities, improve revenue visibility, and reinforce its competitive position in the automotive electrical components industry.

  Well-positioned to benefit from EV growth: Dhoot Transmission offers a broad portfolio of products designed for the electric vehicle market. Its strong presence in the EV ecosystem enables the company to capitalize on rising electric vehicle adoption and the industry's shift toward cleaner and sustainable transportation.

• • Risks

  Revenue concentration in 2W, 3W and wiring harness segment: A major share of the company's revenue is generated from the Indian two-wheeler and three-wheeler markets, with wiring harnesses being its primary product category. Any slowdown in vehicle demand, pricing challenges, or changes in technology could adversely affect its business and financial performance.

  Customer concentration risk: The company derives a significant portion of its revenue from a relatively small group of customers, with its top ten customers accounting for more than 80% of revenue in recent years. Any loss of major customers or reduction in order volumes from these customers could have a material adverse impact on its financial performance.

Objects of the Issue & Utilisation of proceeds

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

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

Setting up of a new wiring harness manufacturing plant of the Company at (i) Sector 11, Jhajjar, Haryana, India; and (ii) Shoolagiri, Hosur, Tamil Nadu, India.

Funding inorganic growth through unidentified acquisitions and general corporate purposes(1)

Company  Address

Dhoot Transmission Ltd.
Gut No 312
Nanekarwadi, Chakan Tq Khed
Dist Pune, NA, Chakan
Pune, Maharashtra, 410501
Phone: +91-24 3166 2600
Email: cs@dhoottransmission.com
Website: https://dhoottransmission.com/

IPO Registrar

Kfin Technologies Ltd.
Phone: 040-79615565
Email: dhoot.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/