TTLTicker Tales

Dhoot Transmission

Designs and manufactures electrical and electromechanical components, largely for the automotive industry.

Archived
Strong Subscribe

Last updated 31 Aug 2026, 9:04 am IST

Price band
₹829 – ₹871
Lot size
17
Issue size
₹3,066.89 Cr
Opens
10 Aug 2026
Closes
12 Aug 2026
Exchange
Both

The numbers

GMP
₹276 (~31.69%)
Subscription
74.21× (final)
Listing gain
NSE +37.1% / BSE +37.8% (17 Aug)
Listing date
17 Aug 2026
Model prediction
~+32% expected → Strong Subscribe. Listed +37.1% NSE / +37.8% BSE (17 Aug); call held.

The Ticker Tales take

Dhoot Transmission designs and makes electrical and electromechanical components — wiring harnesses, connectors and related parts — largely for the automotive and two-wheeler industry (around 41% of India's 2W/3W wiring-harness market), with a growing overseas footprint. The large ₹3,066.89 Cr mainboard issue closed on 12 Aug about 74.21× subscribed — very strong — with the grey-market premium around ₹276 (~32% over the ₹871 top price). Anil Singhvi says it can be considered for both listing gains and the long term (while flagging debt and thinning margins). We hold our Strong Subscribe, expecting a listing pop of roughly 32%; it lists on 17 Aug. It listed on 17 Aug at ₹1,193.80 on NSE (+37.1%) and ₹1,200 on BSE (+37.8%) versus the ₹871 issue price — a strong debut that beat our ~32% read, so the Strong Subscribe call played out.

More details

Sector
Auto electrical/electromechanical components
Issue type
Book-built
Anil Singhvi - Long-term call
Subscribe (long term)
Anil Singhvi - Listing-gain call
Reasonable listing gains
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Calls here follow a set formula (GMP, subscription trends) plus Anil Singhvi's publicly shared view — not investment advice. Please do your own research before investing.