TL;DR
Automotive wiring harness manufacturer Dhoot Transmission launched its ₹3,067 crore IPO today, August 10, attracting attention from EV component investors.
Dhoot Transmission, an automotive wiring harness manufacturer, has launched its Initial Public Offering (IPO) today, August 10, 2026. The IPO is open for subscription until August 12, 2026, with a price band set between ₹829 and ₹871 per equity share. The total issue size is approximately ₹3,067 crore, comprising a fresh issue of shares worth ₹1,400 crore and an Offer for Sale (OFS) of ₹1,667 crore.
This offering is drawing significant attention from investors, particularly those keen on the electric vehicle (EV) component supply chain in India. Dhoot Transmission's role in manufacturing essential wiring harnesses positions it to capitalize on the growing electrification trend within the automotive industry. The IPO aims to raise capital for the company's expansion and future growth initiatives, reinforcing its presence in a crucial segment of the automotive ecosystem.
