Dhoot Transmission Limited proposes to open the initial public offering of its equity shares of face value ₹2 each on Monday, August 10, 2026. The Bid/Offer Closing Date is Wednesday, August 12, 2026. The Price Band of the Offer has been fixed from ₹ 829 per Equity Share of face value ₹2 each to ₹ 871 per Equity Share of face value of ₹2 each. Bids can be made for a minimum of 17 Equity Shares of face value ₹2 each and multiples of 17 Equity Shares of face value ₹2 each thereafter.
- Issue Opens: August 10, 2026
- Issue Closes: August 12, 2026
- Face Value: Rs 2
- Price Band: Rs 829 – 871 per share
- Minimum Bid Lot: 17 Equity Shares
- Listing: BSE and NSE
The Floor price and the Cap Price are 414.50 times and 435.50 times the face value of the equity shares, respectively. The Price to Earnings ratio based on diluted EPS for Fiscal 2026 for our company at the lower end of the price band is 33.98 times and at the upper end of the price band is 35.70 times as compared to the average industry peer group P/E Ratio of 55.31 times. A discount of ₹80 per equity share is being offered to eligible employees bidding in the employee reservation portion. The weighted average return on net worth for the last three fiscal years is 27.06%.
The Offer comprises a fresh issue of Equity Shares aggregating up to ₹1400 Crores and an Offer for Sale of up to 1,91,37,602 Equity Shares by certain existing shareholders including up to 16,018,769 Equity Shares of face value ₹2 each by BC Asia Investments XV Limited and up to 3,118,833 Equity Shares of face value ₹ 2 each by Mangalam Capital Private Limited.
The Equity Shares are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited.
