Dhoot Transmission has raised Rs 918 crore from 72 anchor investors ahead of its Rs 3,067-crore IPO, with domestic mutual funds accounting for 61.27% of the anchor allocation. The company will use the proceeds to repay debt, fund expansion and pursue acquisitions.

Dhoot Transmission, backed by Bain Capital, targets growth from India's EV shift with a robust IPO and expanded product offerings.

Dhoot Transmission has raised Rs 918 crore from 72 anchor investors ahead of its Rs 3,067-crore IPO, with domestic mutual funds accounting for 61.27% of the anchor allocation. The…

Dhoot Transmission secures ₹918 crore from anchor investors ahead of its ₹3,067 crore IPO opening on August 10.