Doot Transmission IPO: Subscription, GMP and Key Dates Ahead of Listing
The Doot Transmission IPO is in its final stretch. The three-day window opened on August 10 and closes on August 12, with listing on the BSE and NSE set for August 17. Here is a practical update on subscription and the grey market premium (GMP).
Where the issue stands
The IPO is priced in a band of ₹829–₹871, with a face value of ₹2. About 62% of the issue was subscribed by day one, and the anchor book stood at roughly ₹918 crore.
In the unofficial grey market, the premium has eased from about ₹260 to around ₹250 per share — roughly a 28% premium over the upper band. GMP is informal, not an official price signal.
IPO at a glance
| Detail | Value |
|---|---|
| Price band | ₹829–₹871 |
| Lot size | 17 shares (≈ ₹14,807 at upper band) |
| Issue structure | Fresh ≈ ₹1,400 crore; OFS ≈ ₹1,667 crore (≈ 3.52 crore shares) |
| Allotment | 13 August 2026 |
| Listing | 17 August 2026 (BSE & NSE) |
About Doot Transmission
Incorporated in 1999, the company makes automotive components such as wiring harnesses, electronic sensors, switches, cables and EV components, used in two-wheelers, three-wheelers, passenger and commercial vehicles, off-highway vehicles and farm equipment. It serves both internal combustion engine and EV segments across 22 manufacturing facilities in India, the UK, Slovakia and Thailand.
What the financials show
The company reports a return on capital employed (ROCE) of about 24% and a return on equity (ROE) of around 23%. Net profit has grown from about ₹25 crore to roughly ₹156 crore — a 66% three-year compound rise — though the latest year dipped. Sales compounded at about 29% over the same period, while borrowings of about ₹482 crore sit below reserves of around ₹667 crore.
Broker view and recent context
Brokerage Ventura Securities holds a positive view, citing expectations of a strong FY2026, rising EV adoption and growth in segments such as battery packs and advanced technology.
Recent mainboard auto-component IPOs were mixed — two listed with healthy gains, one with valuation concerns closed lower. Valuation discipline matters.
What to watch next
- Final subscription numbers when bidding closes on August 12.
- Allotment on August 13; refunds and demat credit on August 14.
- Bidding at the upper band (or cut-off) can improve allotment chances.
Risk note
IPOs carry market risk, and listing-day gains are never assured. Grey market premium is unofficial and volatile, and past performance does not guarantee future results. This article is educational only, not investment advice — consult a SEBI-registered adviser.
Frequently asked questions
What is the lot size and minimum investment for the Doot Transmission IPO?
One lot of 17 shares costs about ₹14,807 at the upper price band of ₹871.
What is the current GMP for the Doot Transmission IPO?
Unofficial data suggests a premium of around ₹250 over the ₹871 upper band — roughly 28%.
When will allotment and listing take place?
Allotment is expected on August 13, refunds and demat credit on August 14, and listing on the BSE and NSE on August 17.
Doot Transmission IPO: Subscription, GMP and Key Dates Ahead of Listing
The Doot Transmission IPO is in its final stretch. The three-day window opened on August 10 and closes on August 12, with listing on the BSE and NSE set for August 17. Here is a practical update on subscription and the grey market premium (GMP).
Where the issue stands
The IPO is priced in a band of ₹829–₹871, with a face value of ₹2. About 62% of the issue was subscribed by day one, and the anchor book stood at roughly ₹918 crore.
In the unofficial grey market, the premium has eased from about ₹260 to around ₹250 per share — roughly a 28% premium over the upper band. GMP is informal, not an official price signal.
IPO at a glance
| Detail | Value |
|---|---|
| Price band | ₹829–₹871 |
| Lot size | 17 shares (≈ ₹14,807 at upper band) |
| Issue structure | Fresh ≈ ₹1,400 crore; OFS ≈ ₹1,667 crore (≈ 3.52 crore shares) |
| Allotment | 13 August 2026 |
| Listing | 17 August 2026 (BSE & NSE) |
About Doot Transmission
Incorporated in 1999, the company makes automotive components such as wiring harnesses, electronic sensors, switches, cables and EV components, used in two-wheelers, three-wheelers, passenger and commercial vehicles, off-highway vehicles and farm equipment. It serves both internal combustion engine and EV segments across 22 manufacturing facilities in India, the UK, Slovakia and Thailand.
What the financials show
The company reports a return on capital employed (ROCE) of about 24% and a return on equity (ROE) of around 23%. Net profit has grown from about ₹25 crore to roughly ₹156 crore — a 66% three-year compound rise — though the latest year dipped. Sales compounded at about 29% over the same period, while borrowings of about ₹482 crore sit below reserves of around ₹667 crore.
Broker view and recent context
Brokerage Ventura Securities holds a positive view, citing expectations of a strong FY2026, rising EV adoption and growth in segments such as battery packs and advanced technology.
Recent mainboard auto-component IPOs were mixed — two listed with healthy gains, one with valuation concerns closed lower. Valuation discipline matters.
What to watch next
- Final subscription numbers when bidding closes on August 12.
- Allotment on August 13; refunds and demat credit on August 14.
- Bidding at the upper band (or cut-off) can improve allotment chances.
Risk note
IPOs carry market risk, and listing-day gains are never assured. Grey market premium is unofficial and volatile, and past performance does not guarantee future results. This article is educational only, not investment advice — consult a SEBI-registered adviser.
Frequently asked questions
What is the lot size and minimum investment for the Doot Transmission IPO?
One lot of 17 shares costs about ₹14,807 at the upper price band of ₹871.
What is the current GMP for the Doot Transmission IPO?
Unofficial data suggests a premium of around ₹250 over the ₹871 upper band — roughly 28%.
When will allotment and listing take place?
Allotment is expected on August 13, refunds and demat credit on August 14, and listing on the BSE and NSE on August 17.