Dhoot Transmission Listing Price: Stock Lists At 38% Premium On NSE And BSE

Mumbai | August 17, 2026 

Shares of Dhoot Transmission made a strong market debut today, listing at Rs 1,200 on the NSE, a premium of 37.77 percent over the IPO price of Rs 871 per share. On the BSE, the stock listed at Rs 1,193.80, a premium of 37.06 percent. The company’s market capitalisation post-listing stood at Rs 24,418.95 crore. 

The stock pared some of its early gains through the trading session. Shares were last trading at Rs 1,183.35 on the NSE, up 35.86 percent over the issue price, moving between a day high of Rs 1,205 and a low of Rs 1,131. On the BSE, shares were last trading at Rs 1,182.45, up 35.76 percent, between a day high of Rs 1,212.70 and a low of Rs 1,130.50. 

What Was The Pre-Listing GMP For Dhoot Transmission? 

Ahead of listing, the grey market had anticipated around 30 percent listing gains for Dhoot Transmission. The stock’s actual debut, 37.77 percent on the NSE and 37.06 percent on the BSE, came in stronger than this pre-listing indication. 

GMP is not an official price indicator and does not guarantee the actual listing price. 

Dhoot Transmission IPO Subscription And Issue Details 

The Rs 3,066.89-crore IPO was subscribed 74.21 times. The issue had a price band of Rs 829 to Rs 871 per share. 

Ahead of the public issue, Dhoot Transmission raised Rs 918.3 crore from anchor investors, including BlackRock, Abu Dhabi Investment Authority and SBI Mutual Funds. 

How Will Dhoot Transmission Use The IPO Proceeds? 

The company plans to use the proceeds from the fresh issue towards repayment or prepayment of certain outstanding borrowings, investment in subsidiaries for debt repayment, and setting up new wiring harness manufacturing plants in Jhajjar, Haryana, and Hosur, Tamil Nadu. A portion of the proceeds will also be used for inorganic acquisitions and other strategic initiatives. 

About Dhoot Transmission 

Founded in 1999 and headquartered in Aurangabad, Maharashtra, Dhoot Transmission manufactures wiring harnesses, electronic sensors and controllers, automotive switches, power cords, cables, connectors and terminals. 

Its offerings cater to two-wheelers, three-wheelers, commercial vehicles, off-road vehicles, earth movers, farm equipment, medical devices and domestic appliances. 

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