Auto Component Maker Dhoot Transmission to Raise ₹1,400 Crore via IPO Mix of Fresh Issue and Offer for Sale
मुख्य बातें
- •Dhoot Transmission Ltd. to raise ₹1,400 crore through IPO comprising ₹1,400 crore fresh equity issue and offer for sale of up to 1.6 crore shares.
- •Proceeds to be used for repayment/prepayment of ₹493.9 crore borrowings, investment in subsidiaries, acquisitions, and general corporate purposes.
- •Funds earmarked for deployment over FY27 and FY28.
- •IPO announcement made on May 25, 2026.
- •Company aims to leverage growth in the auto components sector through public market funding.
Auto component manufacturer Dhoot Transmission Ltd. has announced plans to enter the capital markets with an initial public offering (IPO) aimed at raising ₹1,400 crore. The offering will consist of a fresh issue of equity shares worth ₹1,400 crore and an offer for sale (OFS) of up to 1.6 crore equity shares, according to a company statement issued on May 25, 2026. The IPO is structured to combine both primary and secondary components, allowing the company to tap fresh capital while also facilitating partial exits for existing shareholders.
The proceeds from the fresh issue will be deployed primarily for two major purposes: the repayment or prepayment of borrowings amounting to ₹493.9 crore, and strategic investments in its subsidiaries. Additionally, the company intends to utilize a portion of the funds for acquisitions, though specific targets have not been disclosed. Any remaining funds will be allocated toward general corporate purposes, supporting day-to-day operations and growth initiatives.
