Dhoot Transmission IPO GMP Today, Price & Details
Dhoot Transmission IPO GMP Today, Price Band, Subscription Status, Allotment & Listing Details
About Dhoot Transmission
Dhoot Transmission is gearing up for its Mainboard IPO on the NSE, aiming to raise capital through a significant offering. The company operates within the automotive components sector, specifically focusing on manufacturing and supplying a diverse range of automotive spare parts. Its scale of operations is substantial, evidenced by its impressive revenue figures. The IPO presents an opportunity for investors to participate in the growth story of a company that plays a crucial role in the automotive supply chain, catering to both domestic and potentially international markets with its product portfolio.
Financially, Dhoot Transmission has demonstrated robust performance. The company reported a revenue of ₹3247.67 Cr and a Profit After Tax (PAT) of ₹301.41 Cr. The IPO structure is a mix of a fresh issue and an Offer for Sale (OFS), with ₹1400 Cr coming from the fresh issue and ₹1666.89 Cr from the OFS, totaling an issue size of ₹3067 Cr. This structure suggests a balance between raising new funds for the company's expansion and providing an exit route for existing shareholders.
In terms of competitive positioning, Dhoot Transmission appears to hold a strong foothold in its segment, underpinned by its financial health and operational scale. The proceeds from the fresh issue are earmarked for various strategic purposes, including funding working capital requirements and general corporate purposes, which are vital for sustained growth and operational efficiency. The company's ability to generate healthy profits and returns on its capital indicates a well-managed business poised for further development.
Dhoot Transmission IPO — Investment Analysis
The IPO is priced within a band of ₹829 to ₹871 per share, with a face value of ₹2 and a lot size of 17 shares. The company's Earnings Per Share (EPS) stands at a substantial ₹8211, translating to a Price-to-Earnings (P/E) ratio of approximately 44.9x at the upper end of the price band. This P/E ratio suggests that investors are willing to pay a premium for the company's earnings, likely banking on its growth prospects. While it's not exceptionally high compared to some high-growth tech IPOs, it's certainly not a bargain either, especially considering the current market environment. Investors will need to assess if the projected future growth justifies this valuation.
Financially, Dhoot Transmission presents a strong picture. Its revenue of ₹3247.67 Cr is impressive, indicating significant market presence. The Profit After Tax (PAT) of ₹301.41 Cr translates to a healthy net profit margin. Furthermore, the company boasts a Return on Net Worth (RONW) of 36.18% and a Return on Capital Employed (ROCE) of 29.66%, both of which are very strong indicators of efficient capital utilization and profitability. The EBITDA margin of 17.15% also points towards sound operational efficiency.
The growth outlook for Dhoot Transmission appears positive, driven by the expanding automotive sector. However, there are a few points to consider. The substantial OFS component, amounting to ₹1666.89 Cr out of the total ₹3067 Cr issue size, means a significant portion of the proceeds will go to selling shareholders rather than directly to the company for expansion. While not inherently negative, it's something investors should be aware of. Sector-specific risks and competition within the automotive ancillaries market are also factors that could impact future performance. Any slowdown in the automotive industry could directly affect demand for the company's products.
Subscription levels will be a key indicator of market sentiment towards this IPO. Strong subscriptions from Qualified Institutional Buyers (QIBs) and High Net-worth Individuals (HNIs) often signal confidence from experienced investors. Robust retail participation would suggest broad appeal. Low subscription across categories might indicate investor caution regarding the valuation or the OFS structure. We'll be watching these numbers closely to gauge the overall market appetite. Investors should consult a SEBI-registered financial advisor before making investment decisions.
Disclaimer: This analysis is auto-generated from publicly available financial data and should not be considered investment advice. Always consult a SEBI-registered financial advisor before making investment decisions.
Dhoot Transmission IPO — Pros & Cons
Strengths
- The company has achieved a remarkable revenue of ₹3247.67 Cr and a PAT of ₹301.41 Cr, showcasing its significant market presence and profitability. This strong financial performance indicates a well-established business with a proven ability to generate revenue and profits.
- Dhoot Transmission exhibits excellent capital efficiency with a RONW of 36.18% and ROCE of 29.66%. These high return ratios suggest that the company effectively utilizes its equity and capital to generate profits, which is a positive sign for investors.
- The company maintains a healthy EBITDA margin of 17.15%, indicating strong operational efficiency and cost management. A healthy operating margin is crucial for sustained profitability and the ability to weather market fluctuations.
- The IPO offers a substantial issue size of ₹3067 Cr, with a significant portion for fresh issuance (₹1400 Cr), which can be utilized for business expansion and working capital needs. This infusion of capital can fuel future growth and strengthen the company's financial footing.
- The company's Net Asset Value (NAV) stands at a respectable ₹68.25, providing a baseline intrinsic value for the shares. A higher NAV generally indicates a stronger asset base relative to liabilities.
Risks
- The IPO includes a substantial Offer for Sale (OFS) component of ₹1666.89 Cr, which is more than half of the total issue size of ₹3067 Cr. This means a significant portion of the funds raised will go to existing shareholders, limiting the direct capital available for the company's growth initiatives.
- The P/E ratio of 44.9x at the upper price band of ₹871 might be considered on the higher side, especially for a company in the automotive ancillaries sector. Investors would need to be convinced of aggressive future growth to justify this valuation.
- While the company has a strong EPS of ₹8211, the face value is only ₹2, making the absolute EPS number appear very large. This can sometimes be misleading without considering the share capital. Investors should focus on absolute PAT and growth trends.
- The automotive sector is cyclical and can be sensitive to economic downturns and regulatory changes. Any slowdown in the auto industry or adverse policy shifts could impact Dhoot Transmission's performance.
- The company operates in a competitive landscape within the automotive components industry. Maintaining market share and profitability in the face of competition will be an ongoing challenge.
Dhoot Transmission IPO Details
| Company Name | Dhoot Transmission |
|---|---|
| IPO Type | MAINBOARD |
| Exchange | NSE |
| Price Band | ₹829 - ₹871 |
| Face Value | ₹2 per share |
| Lot Size | 17 shares |
| Min Investment | ₹14,807 |
| Total Issue Size | ₹3,067.00 Cr |
|---|---|
| Fresh Issue | ₹1,400.00 Cr |
| Offer for Sale | ₹1,666.89 Cr |
| Registrar | Kfin Technologies Ltd. |
| Lead Manager | Axis Capital Ltd., Jefferies India Pvt.Ltd., Kotak Mahindra Capital Co.Ltd., Nomura Financial Advisory & Securities (India) Pvt.Ltd., SBI Capital Markets Ltd., 360 One WAM Ltd. |
| IPO Status | Listed |
Dhoot Transmission IPO Dates
Dhoot Transmission IPO Subscription Status
Dhoot Transmission IPO Listing Performance
Dhoot Transmission IPO listed on NSE on 17 Aug 2026 at ₹1,194, a premium of 37.1% over the issue price of ₹871. Investors who received allotment made a profit of ₹5,488 per lot (17 shares) on listing day.
Dhoot Transmission IPO — Key Highlights
- The company reported a substantial revenue of ₹3247.67 Cr, indicating a significant scale of operations.
- Dhoot Transmission demonstrates strong profitability with a PAT of ₹301.41 Cr.
- Impressive return ratios include RONW of 36.18% and ROCE of 29.66%, showcasing efficient capital usage.
- The IPO size is a considerable ₹3067 Cr, with a fresh issue component of ₹1400 Cr.
- The P/E ratio stands at 44.9x, reflecting market expectations for growth.
- The company's EBITDA margin is a healthy 17.15%.
Dhoot Transmission Financial Performance
| Metric (₹ Cr) | FY 2023 | FY 2024 | FY 2025 | 9M FY 2026 |
|---|---|---|---|---|
| Revenue | 2,125.86 | 2,797.73 | 3,444.86 | 3,247.67 |
| Expenses | 1,932.33 | 2,411.18 | 3,014.64 | 2,871.77 |
| Net Income (PAT) | 163.57 | 298.74 | 353.90 | 301.41 |
| Margin (%) | 7.69% | 10.68% | 10.27% | 9.28% |
Dhoot Transmission IPO Valuations & Key Metrics
Valuation Ratios
| EPS | ₹8,211.00 |
|---|---|
| P/E Ratio | 44.90x |
| NAV | ₹68.25 |
| Current Ratio | 8,211.00 |
| Debt/Equity | 0.780 |
Return Metrics
| RONW (%) | 36.18% |
|---|---|
| ROCE (%) | 29.66% |
| EBITDA Margin | 17.15% |
Dhoot Transmission IPO Reservation / Allocation
Dhoot Transmission IPO Anchor Investors
| Bid Date | Coming soon |
|---|---|
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Dhoot Transmission IPO Peer Comparison
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
|---|---|---|---|---|---|
| Dhoot Transmission | – | 24.31 | 19.02 | 68.25 | 3,444.86 |
| Minda Corporation | 50.37 | 10.85 | 17.79 | 92.11 | 5,056.20 |
| Uno Minda | 71.96 | 16.42 | 8.42 | 99.75 | 16,774.61 |
| Motherson Sumi Wiring India | 46.70 | 0.91 | 30.63 | 2.56 | 9,271.60 |
| Sona BLW Precision Forgings | 58.34 | 9.92 | 10.41 | 88.38 | 3,546.02 |
Dhoot Transmission IPO Lead Manager & Registrar
Book Running Lead Manager
Axis Capital Ltd., Jefferies India Pvt.Ltd., Kotak Mahindra Capital Co.Ltd., Nomura Financial Advisory & Securities (India) Pvt.Ltd., SBI Capital Markets Ltd., 360 One WAM Ltd.
IPO Registrar
Kfin Technologies Ltd.
Dhoot Transmission IPO — Frequently Asked Questions
What is Dhoot Transmission IPO GMP today?
As of today, the Grey Market Premium (GMP) for Dhoot Transmission IPO is ₹275 per share, indicating a potential listing premium of 31.6% above the issue price of ₹871.
What is the price band and lot size of Dhoot Transmission IPO?
Dhoot Transmission IPO has a price band of ₹829 to ₹871 per equity share with a face value of ₹2. The minimum lot size is 17 shares, requiring a minimum investment of ₹14,807 at the upper band.
What are the important dates for Dhoot Transmission IPO?
Dhoot Transmission IPO opens for subscription on 10 Aug 2026 and closes on 12 Aug 2026. Allotment is expected on 13 Aug 2026. The shares are expected to list on NSE on 17 Aug 2026.
What is the investor category allocation in Dhoot Transmission IPO?
The shares are reserved as follows — Qualified Institutional Buyers (QIB): 0.00%, Non-Institutional Investors (NII/HNI): 0.00%, and Retail Individual Investors: 35.00%.
How can I apply for Dhoot Transmission IPO?
You can apply for Dhoot Transmission IPO through your bank's net banking ASBA facility or via UPI-based application through any stockbroker platform. Ensure you have sufficient funds in your bank account as the amount will be blocked until allotment. The registrar for this IPO is Kfin Technologies Ltd..
What is the subscription status of Dhoot Transmission IPO?
Dhoot Transmission IPO has been subscribed 209.02 times overall. Retail category: 8.32x, NII/HNI: 53.13x, QIB: 209.02x.
What is Dhoot Transmission IPO price band and lot size?
The Dhoot Transmission IPO is priced in a band of ₹829 to ₹871 per share. Each lot comprises 17 shares, meaning the minimum investment for a retail investor will be ₹14,807 (17 shares x ₹871). The face value of each share is ₹2.
Is Dhoot Transmission IPO worth investing in?
Dhoot Transmission presents a compelling financial profile with strong revenue of ₹3247.67 Cr and impressive return ratios like RONW of 36.18%. Its P/E of 44.9x, however, suggests a premium valuation that investors need to carefully consider against future growth prospects.
The significant OFS component of ₹1666.89 Cr means less capital will be directly available for company expansion. While the company's performance is strong, potential investors should weigh the valuation against sector risks. Investors should consult a SEBI-registered financial advisor before making investment decisions.
What is Dhoot Transmission IPO GMP today?
Grey Market Premium (GMP) is an unofficial indicator of demand for an IPO. While specific GMP figures fluctuate and are not provided in the data, a positive GMP would suggest strong market sentiment and potential listing gains. However, GMP is speculative and should not be the sole basis for investment decisions.
Investors should conduct thorough research and consider fundamental factors.
How to apply for Dhoot Transmission IPO?
You can apply for the Dhoot Transmission IPO through the ASBA (Application Supported by Blocked Amount) facility via your bank account or through the UPI mechanism via your broker's platform. Your application will be processed by the registrar, Kfin Technologies Ltd. Funds will remain blocked in your account until the allotment process is completed.