Dhoot Transmission's $250 Million IPO: A Confidential Leap in Auto Component Market

Dhoot Transmission Pursues Strategic Fundraising Efforts

Auto component maker Dhoot Transmission is making strategic moves to raise USD 250 million through a confidential IPO pre-filing with capital markets regulator Sebi.

The decision echoes a growing preference for this route as firms aim for greater flexibility and responsiveness to market dynamics.

IPO Details and Backers

• The IPO will involve a fresh issue of equity shares alongside an offer for sale by existing investors.
• Promoters will retain their stakes in the company.
• Dhoot's IPO has the backing of private equity giant Bain Capital.

The company's confidential pre-filing allows private engagement with Sebi for initial feedback, a maneuver gaining traction in the auto components sector.

About Dhoot Transmission

Established in 1999, Dhoot Transmission is a key player with global manufacturing facilities.

The company offers products that cater to diverse vehicles and appliances markets.

As its revenue soars, capturing 15-20% from overseas operations, major clients include Bajaj Auto and TVS Motor Company.

Key Highlights:

• Global presence with manufacturing facilities.
• Diversified product offerings for vehicles and appliances.
• Significant revenue growth, including 15-20% from overseas operations.
• Major clients include Bajaj Auto and TVS Motor Company.