Dhoot Transmission IPO allotment status: How to check online on NSE, BSE, KFin Technologies; listing date, time revealed

The basis of allotment of Dhoot Transmission is expected to be finalised on Thursday, August 13. Investors who have placed bids for the IPO can check bid finalisation details on the NSE, the BSE and KFin Technologies websites.

The initial public offering was subscribed 74.21 times, as it mobilised bids for 1,85,19,71,585 shares compared to 2,49,56,363 shares on offer, according to the NSE data.

The part reserved for qualified institutional investors was subscribed a whopping 212.92 times, while non-institutional investors' portion was booked 51.93 times. The quota for retail investors was subscribed 8.12 times.

The ₹3,066.89 crore initial share sale was a mix of new equity shares worth ₹1,400 crore and an offer for sale (OFS) component of ₹1,666.89 crore by promoters BC Asia Investments XV and Mangalam Capital Pvt Ltd.

The net proceeds from the issue will be used for debt clearance of the company and its subsidiaries, setting up a new wiring harness manufacturing facility, funding inorganic growth via acquisitions and general corporate purposes.

With a price band of ₹829 to ₹871 per share, a lot consisted of 17 shares.

Founded in 1999, Dhoot Transmission makes products like wiring harnesses, automotive switches, power cords, cables, electronic sensors and controllers, connectors and terminals.

Its offerings cater to commercial vehicles, two-wheelers, three-wheelers, off-road vehicles, farm equipment, earth movers, medical devices and domestic appliances.

Dhoot Transmission IPO allotment date and time

Dhoot Transmission IPO allotment status is likely to be finalised on Thursday, August 13, by late evening.

How to check Dhoot Transmission IPO allotment status online on NSE

• Go to NSE's allotment status website: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select ‘Equity & SME IPO bid details’
• Choose 'Dhoot Transmission' under the symbol 'DHOOTTRANS'
• Add your PAN details and application number
• Click on submit

Steps to check Dhoot Transmission IPO allotment status online on BSE

• Visit the BSE IPO allotment status page: https://bseindia.com/investors/appli_check.aspx
• Keep 'Equity' as the issue type
• From the ‘Issue Name’ list, pick 'Dhoot Transmission Ltd'
• Add either your IPO application number or PAN
• Press the 'Search' button

Dhoot Transmission IPO allotment status on KFin Technologies; full steps

• Go to this link: https://ipostatus.kfintech.com/
• In the ‘Select IPO’ section, pick 'Dhoot Transmission'
• Identify yourself using PAN, IPO application number or Demat account number
• Click on 'Submit'

Dhoot Transmission IPO listing date

Shares of Dhoot Transmission will be listed on the NSE and the BSE on August 17 at 10 am.