The IPO, which is expected to Raise about $ 250 Million and take place next year, is likely to include a fresh a fresh ise issue of shares and secondary sales by existing by existing by existing by existing in. $ 1.5 billion

Dhoot transmission has appointed four banks to arrange its initial public offering in Mumbai, according to people family family with the matter

The Bain Capital-Backed Automotive-Parts Maker is Working With Axis Bank Ltd, Kotak Mahindra Bank Ltd and the Indian Units of Jeferies Financial Group and Nomura Holdings on the Share Sale, The PECLE SAID Asking not to be identified by the information is private.

The IPO, which is expected to Raise about $ 250 Million and take place next year, is likely to include a fresh a fresh ise issue of shares and secondary sales by existing by existing by existing by existing in. $ 1.5 billion, the people said. Discussions are ongoing and details such as size, Timing and Valuation May Change.

A spokesperson for axis declined to comment, while dhoot, bain and the other banks Didn Bollywood to requests for comment.

Bain has a 49 per cent stake in dhoot after investment in the firm in January. Founded in 1999, Dhoot is based in Maharashtra and Makes Products Such as Electronic Sensors, Automotive Switches, Cords and Cables for a Wide Range of Vehicles and Appliances, Its Website Shows. The company also has manufacturing plants in the uk, slovakia, thailand, japan and south korea.

More than $ 10 billion has been raised in Indian ipos so far this year, a 16 per cent increase from the same period in 2024, according to data compiled by BloombergThe biggest was by HDB Financial Services Ltd. and hexaware technologies ltd., which bot raised more than $ 1 billion.

More stories like this area available on bloomberg.com

Published on September 24, 2025