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Dhoot Transmission IPO Review

Dhoot Transmission IPO has been reviewed by 14 analysts, and the overall consensus is Strong Apply — carrying a score of 98. Out of the 14 analysts who have covered this IPO, 13 recommend subscribing while 1 advises caution or avoidance — reflecting a broadly positive view from the analyst community.

The issue is priced in the band of ₹829-871 per share, with a minimum application size of 17 shares (minimum investment of approximately ₹14,807 at the upper band). Subscription ran from 10 Aug 2026 to 12 Aug 2026. The issue size is ₹3,067 crore, a mix of fresh issue and offer for sale. As of now, the grey market premium (GMP) for Dhoot Transmission IPO is quoting at ₹262 (30.08%), which gives a preliminary sense of how the street is pricing the listing — though GMP is unofficial and can swing sharply before the listing date. Scroll down for the full analyst breakdown and analyst-wise verdicts.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Analyst verdict & score

One score out of 100, aggregated from every analyst verdict tracked for this issue. How it's calculated

Sentiment score
98/ 100
Strong Apply 13 of 14 recommend subscribing
How analysts voted
Apply 13
May apply 1
Not rated 2

Higher consensus indicates broader analyst agreement.

Detailed review

What the analyst reports say, grouped by the question you're likely asking.

General review

Dhoot Transmission is described in the notes as one of India's leading electrical and electronics companies, designing and making wiring harnesses and electrical distribution systems for automotive and non-automotive use, and a leader in the two-wheeler and three-wheeler harness market. FY26 income was ₹4,563.70 crore with profit of ₹396.84 crore. Seven of eight analysts said subscribe.

Listing gains

The notes value the issue between about 35.7 and 45 times FY26 earnings, on a market cap near ₹17,816 crore. Analysts point out the industry average multiple is around 57 times, so the pricing sits below the sector. That discount, alongside near-unanimous subscribe ratings, pointed to a positive listing.

Short-term strategy

Revenue grew at a three-year CAGR of about 27 percent, reaching ₹4,525 crore in FY26 on the notes' numbers. Fresh money repays subsidiary borrowings and funds a new wiring harness plant at Jhajjar, Haryana. The near-term concern analysts flag is customer concentration, with the top ten customers giving 80.93 percent of FY26 revenue.

Long-term strategy

The long-term case in the notes is electrification. Analysts argue the company's powertrain-neutral product architecture positions it to benefit as vehicles electrify, because an extensive portfolio drives a rising kit value per vehicle regardless of engine type. Marquee customers and a diversified business mix support that view over a long holding period.

How this is written: an AI-assisted summary of the 16 analyst reports listed below. It reports their views; IPO Guru does not make buy or sell recommendations.

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Analyst reviews

Ordered by each analyst's track record over the past year; analysts still building one are listed last.

Latest IPO reviews

How analysts rated the most recent mainboard issues — and, where they have listed, how the call played out.

Frequently asked

Should I apply for Dhoot Transmission IPO?

The analyst consensus for Dhoot Transmission IPO tracked on this page is Strong Apply, with a score of 98/100. Out of 14 analysts who have reviewed this IPO, 13 recommend subscribing. IPO Guru does not make buy or sell recommendations. Read the individual analyst reports and consult a SEBI-registered advisor before investing.

What does the score of 98 mean for Dhoot Transmission IPO?

The score of 98 is an aggregate of all analyst ratings tracked for Dhoot Transmission IPO. A score in this range indicates strong analyst confidence — most analysts are recommending a subscribe. Read the individual analyst verdicts above for more context.

What was the actual listing price of Dhoot Transmission IPO?

Dhoot Transmission IPO listed on August 17, 2026 at ₹1200, against the issue price of ₹871 — a gain of +37.77% (₹329 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of Dhoot Transmission IPO?

Dhoot Transmission IPO was priced at ₹829-871 per share. The minimum lot size is 17 shares, making the minimum investment approximately ₹14,807 at the upper end of the price band. Subscription ran from 10 Aug 2026 to 12 Aug 2026.

Explore Dhoot Transmission IPO further

Analyst views are one input. Read them alongside the demand, the grey market and the filings before you decide.

Dhoot Transmission IPO review

A verdict is an opinion, not a guarantee.

IPO Guru collects analyst views, GMP, subscription and allotment for every Mainboard and SME issue. Weigh them together — and against the offer document — before you apply.

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.

Consensus
Strong Apply
Score
98 / 100
Listed at
₹1200
Full IPO details
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