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Bain Capital-Backed Dhoot Transmission Files Confidential IPO Papers
Dhoot Transmission, backed by Bain Capital, has filed confidential IPO papers with SEBI to raise about $250 million.
Bain Capital backed Dhoot Transmission has filed draft IPO papers with the Securities and Exchange Board of India under the confidential pre-filing route, seeking to raise about $250 million through primary and secondary share sales.Founded in 1999, the automotive parts supplier makes wiring harnesses,sensors and connectors for vehicles and durables. The IPO is expected to attract strong investor interest ahead of its public debut.