The Dhoot Transmission anchor lock-in ends on 11 November 2026. The remaining shares held by anchor investors then become free to trade. The stock was ₹1,601.60 on 6 November, about 84% above the issue price of ₹871.
What is ending on 11 November?
Anchor investors are big funds that bid a day before an IPO opens. After allotment they cannot sell for a set period. Part of their shares opened up 30 days after allotment, and the rest stay locked for 90 days.
The 90-day period on this issue ends on 11 November. That is the last lock-in on the anchor book. Free to trade does not mean the anchors will sell. It only means they can.
| Detail | Figure |
|---|---|
| Anchor lock-in ends | 11 November 2026 (remaining shares) |
| Anchor investors | 72, across 35 fund houses |
| Amount raised from anchors | ₹918.28 crore |
| Anchor price | ₹871 a share |
| Total issue size | ₹3,066.89 crore |
| Price on 6 November | ₹1,601.60 |
How has the stock done since listing?
Dhoot Transmission listed on 17 August at ₹1,200, which was 37.8% above the issue price. After 30 days it closed at ₹1,590.9 on 16 September. That was 82.7% above the issue price.
So the stock has moved little since the first lock-in ended. Anchors who bought at ₹871 are sitting on a gain of about 84%.
What our data shows
Our records show 13 analysts reviewed this IPO on IPO Guru, and all 13 said Apply. At listing, all 13 calls were right. Thirty days later, all 13 were still right.
Who bought in the anchor book?
The anchor book was ₹918.28 crore. That is close to 30% of the whole issue. The anchors paid ₹871 a share, the same as the issue price for everyone else.
The shares they bought are the ones that become free on 11 November. Funds may hold, add or sell. Our data cannot tell us which, and the exchange block deal and bulk deal reports after the date will show any large trades.
How big was the demand at the IPO?
The issue was subscribed 74.21 times overall. Big investors like mutual funds (QIBs) bid 212.92 times their quota. Retail investors bid 8.12 times.
That split shows institutions wanted the shares far more than retail did. It is one reason the anchor lock-in is watched on this stock.
About the company
Dhoot Transmission makes wiring harnesses and electrical systems for vehicles. The company says it has about 41% of India's two-wheeler and three-wheeler wiring harness market. The issue was a mix of fresh shares and an offer for sale (OFS), where existing shareholders sell. Promoter holding fell from 100% to 82.77% after the issue.
What happens next
The lock-in ends on 11 November. Other anchor lock-ins end this week too, and we cover them in our weekly lock-in roundup. You can see the full IPO details on the Dhoot Transmission IPO page. For how other issues did after listing, see our IPO performance table.
