Dhoot Transmission Limited has raised ₹918.27 crore from 72 anchor investors ahead of the company’s proposed initial public offering (IPO). The company allotted 1,05,42,657 equity shares to anchor investors at the upper end of the IPO price band of ₹871 per equity share, with a face value of ₹2 per share, including a share premium of ₹869 per share. The anchor allocation saw participation from a broad group of domestic and international institutional investors, reflecting strong interest ahead of the company’s public offering.
Of the total 1,05,42,657 equity shares allocated to anchor investors, 64,59,984 shares, representing 61.27% of the total allocation, were allotted to eight domestic mutual funds through 46 schemes. A further 9,21,895 equity shares, representing 8.74% of the anchor allocation, were allotted to life insurance companies and pension funds.
The anchor book included several prominent institutional investors, among them SBI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, BlackRock, WhiteOak, Abu Dhabi Investment Authority, Axis Mutual Fund, Mirae, Nippon India Mutual Fund, Government Pension Fund, Pictet, Amundi Funds, Allianz Global Investors, Franklin Templeton Mutual Fund, Tata Mutual Fund, Invesco Mutual Fund, Canara Robeco Mutual Fund, UTI Mutual Fund, PGIM India Mutual Fund, HSBC Mutual Fund, Sundaram Mutual Fund, SBI Life Insurance, HDFC Life Insurance, ICICI Prudential Life Insurance, Axis Max Life Insurance, Motilal Oswal Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund and 3P India Equity Fund, among others.
The participation from a mix of mutual funds, insurance companies, pension funds and global institutional investors provides a broad investor base for the IPO and marks an important milestone in Dhoot Transmission’s proposed listing. Dhoot Transmission Limited is scheduled to open its initial public offering on Monday, 10 August 2026. The bidding period will remain open until Wednesday, 12 August 2026.
The equity shares offered in the IPO have a face value of ₹2 each. The price band has been set with the upper end at ₹871 per equity share, at which the anchor allocation was completed. The anchor investment precedes the opening of the issue to other eligible investors and marks the next stage in Dhoot Transmission’s plans to access the public capital markets. The company’s IPO will provide investors with an opportunity to participate in its equity and represents a significant corporate milestone as Dhoot Transmission moves towards becoming a publicly listed company.
Dhoot Transmission currently operates 22 manufacturing facilities globally and supplies critical electrical and electronic systems across automotive and industrial applications. The company continues to expand its offerings across ICE and EV platforms, including sensors, controllers, battery systems, and power distribution solutions, reinforcing its transition toward integrated mobility electronics.
