Dhoot Transmission IPO GMP is attracting attention as the company’s ₹3,066.89 crore initial public offering opens for subscription on August 10, 2026. The IPO has a price band of ₹829 to ₹871 per equity share and will remain open until August 12, 2026.
The latest reported grey market premium is around ₹259 per share, which is equivalent to roughly 30% above the upper IPO price of ₹871. Based on this unofficial GMP, the implied listing price could be around ₹1,130 per share. However, GMP is not an official exchange price and can change before listing.
In this article, we cover the latest Dhoot Transmission IPO GMP, price band, IPO dates, issue size, company profile, financial performance, IPO objectives and other important details.
What Is Dhoot Transmission IPO GMP?
The latest available market reports indicate a Dhoot Transmission IPO GMP of ₹259 per share. At the upper price band of ₹871, this represents a premium of approximately 29.7%, or about 30%.
Dhoot Transmission IPO GMP and Expected Listing Price
| Particulars | Details |
| IPO Upper Price Band | ₹871 |
| Latest GMP | ₹259 |
| Approx. GMP Percentage | 29.7% |
| Implied Listing Price | ₹1,130 |
What Is Dhoot Transmission IPO GMP?
Dhoot Transmission IPO GMP refers to the premium at which the company’s shares are reportedly trading in the unofficial grey market before their stock-market listing.
For example, if the IPO price is ₹871 and the reported GMP is ₹259, the implied price works out to ₹1,130.
However, this does not mean Dhoot Transmission shares will definitely list at ₹1,130. GMP can rise or fall depending on market sentiment, demand, broader market conditions and other factors.
Therefore, the Dhoot Transmission IPO GMP should be viewed only as an unofficial sentiment indicator.
Dhoot Transmission IPO Details
Dhoot Transmission has launched a mainboard IPO worth approximately ₹3,066.89 crore. The issue opened on August 10 and will close on August 12, 2026. The company has fixed the price band at ₹829–₹871 per share.
| IPO Particulars | Details |
| Company Name | Dhoot Transmission Limited |
| IPO Type | Mainboard |
| IPO Open Date | August 10, 2026 |
| IPO Close Date | August 12, 2026 |
| Price Band | ₹829–₹871 per share |
| Issue Size | ₹3,066.89 crore |
| Face Value | ₹2 per share |
| Listing Exchanges | BSE and NSE |
| Registrar | KFin Technologies Limited |
| Latest GMP | ₹259 |
| Implied Price at Latest GMP | ₹1,130 |
Dhoot Transmission Financial Performance
The company has fixed the IPO price band at ₹829 to ₹871 per share. The upper end of the price band is being used for calculating the latest GMP-based implied listing price.
At a GMP of ₹259, the calculation is:
Upper IPO Price: ₹871
Latest GMP: ₹259
Indicative Price: ₹1,130
The approximate premium works out to:₹259 ÷ ₹871 × 100 ≈ 29.7%
Dhoot Transmission IPO Dates
The Dhoot Transmission IPO opened for public subscription on August 10, 2026, and the issue is scheduled to close on August 12, 2026.
| Event | Date |
| IPO Opens | August 10, 2026 |
| IPO Closes | August 12, 2026 |
| Allotment | To be confirme |
| Listing | To be confirme |
About Dhoot Transmission Limited
Dhoot Transmission is an automotive components manufacturer that produces wiring harnesses and other electrical and electronic components used in vehicles.
Its product portfolio includes wiring harnesses, automotive switches, electronic sensors, battery packs and electronic controllers. The company serves multiple vehicle categories, including two-wheelers, three-wheelers, passenger vehicles, commercial vehicles and off-highway applications.
The company has a particularly strong position in the two-wheeler and three-wheeler wiring harness market. According to information reported from its IPO documents, Dhoot Transmission had a 44.64% market share by value in this segment in FY25 and more than 70% market share in electric two-wheeler and three-wheeler wiring harnesses.
Dhoot Transmission Financial Performance
Dhoot Transmission has reported strong growth in revenue and profitability over recent financial years.
| Financial Year | Revenue from Operations | EBITDA | PAT |
| FY23 | ₹2,125.86 crore | ₹298.68 crore | ₹163.91 crore |
| FY24 | ₹2,797.73 crore | ₹512.40 crore | ₹298.75 crore |
| FY25 | ₹3,444.86 crore | ₹590.96 crore | ₹353.89 crore |
The figures show that revenue from operations increased from ₹2,125.86 crore in FY23 to ₹3,444.86 crore in FY25. PAT also increased from ₹163.91 crore to ₹353.89 crore during the same period.
Reuters reported that the company generated annual revenue of around ₹45.3 billion in FY26 and has been expanding its product portfolio to benefit from the transition toward electric vehicles.
Should You Rely on Dhoot Transmission IPO GMP?
No single indicator should be used to assess an IPO.
The Dhoot Transmission IPO GMP is useful for understanding unofficial market sentiment, but it does not provide information about the company’s long-term business performance by itself.
Investors should also consider the company’s financial results, valuation, customer concentration, debt levels, competitive position, use of IPO proceeds and the broader automotive market.
Dhoot Transmission IPO GMP Today – Final Takeaway
The latest reported Dhoot Transmission IPO GMP is ₹259, indicating an unofficial premium of around 30% over the upper IPO price of ₹871. This gives an indicative GMP-based price of approximately ₹1,130 per share.
The ₹3,066.89 crore IPO opened on August 10 and will close on August 12, 2026. The company operates in the automotive components industry and has established capabilities in wiring harnesses and other electrical and electronic components.
While the current GMP indicates positive unofficial market sentiment, it is not a guarantee of listing gains. Investors should therefore evaluate the IPO using the company’s financial performance, business prospects, valuation and associated risks rather than relying on GMP alone.
Dhoot Transmission IPO GMP FAQs
The latest reported Dhoot Transmission IPO GMP is around ₹259 per share, indicating an unofficial premium of approximately 30% over the upper IPO price of ₹871. GMP can change frequently.
Based on a GMP of ₹259 and the upper IPO price of ₹871, the implied listing price is approximately ₹1,130 per share. This is only a GMP-based indication and not a guaranteed listing price.
The Dhoot Transmission IPO price band is ₹829 to ₹871 per equity share.
The IPO opened on August 10, 2026, and is scheduled to close on August 12, 2026.
GMP is an unofficial indicator of grey-market sentiment and is not a guarantee of the actual listing price. It can change before listing and should be considered alongside the company’s fundamentals and IPO valuation.
Disclaimer: Grey Market Premium figures are based on unofficial market sources and may change. The information provided above is for educational and informational purposes only and should not be considered investment advice.
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