Bain Capital-backed Dhoot Transmission files updated DRHP with Sebi for IPO, to raise Rs 1,400 crores via fresh issue

Bain Capital-backed Dhoot Transmission filed updated IPO papers seeking Rs 1,400 crore via a fresh issue. A top player in two/three-wheeler and electric wiring harnesses (over 70% EV share), the company will use funds to repay debt and establish new manufacturing facilities in Haryana and Tamil Nadu.