Dhoot Transmission is set to debut on the BSE and NSE today, August 17. With massive oversubscription and a strong GMP, investors anticipate significant listing gains.

  • Dhoot Transmission shares list today, August 17, at 10:00 IST on BSE and NSE.
  • The IPO was oversubscribed 74.21 times overall, with QIBs leading at 212.92 times.
  • Estimated listing price is ₹1,135, indicating a potential 30.31% gain over the issue price.

The auto components manufacturer Dhoot Transmission Limited is making its grand entry into the public markets today, August 17. The shares are scheduled to be listed and available for trading on both the BSE and NSE starting at 10:00 IST, following a special pre-open session.

The IPO witnessed an overwhelming response from all investor categories. The Qualified Institutional Buyers (QIBs) showed immense confidence, subscribing 212.92 times. Non-institutional investors (NIIs) subscribed 51.93 times, while the retail segment saw a subscription rate of 8.12 times. This total subscription of 74.21 times highlights the market's appetite for companies linked to the EV ecosystem.

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Why This Matters

BozokMedia analysis shows that Dhoot Transmission's strategic positioning as a dominant player in the wiring harness segment—specifically for electric 2W and 3W—places it at the center of India's green mobility transition. Its 70% market share in the electric segment creates a formidable moat against competitors.

The IPO price band was set between ₹829 and ₹871 per equity share. Currently, the Grey Market Premium (GMP) stands at +264, suggesting an estimated listing price of ₹1,135. This represents a premium of approximately 30.31% over the upper price band of ₹871.

"Dhoot Transmission is a clear leader in India’s two-wheeler and three-wheeler wiring harness segment, with a combined market share of 41.03% in FY26."

Market analysts, including Mahesh M. Ojha of Kantilal Chhaganlal Securities, suggest that the company is fairly valued at 44.9x FY26 post-issue P/E. While short-term margins might be pressured by plant start-up expenses and acquisition costs, the long-term outlook remains bullish due to the increasing content of electronic components per vehicle.

Investor Category Subscription (Times)
QIB 212.92x
NII 51.93x
Retail 8.12x
Overall 74.21x
Did You Know?: Dhoot Transmission dominates the electric 2W/3W wiring harness market in India with a nearly 70% market share.

Frequently Asked Questions

1. What is the listing date and time for Dhoot Transmission?
The shares will list today, August 17, and trading will commence at 10:00 IST on BSE and NSE.

2. What is the predicted listing price based on GMP?
Based on the current GMP of +264, the estimated listing price is ₹1,135 per share.