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

Dhoot Transmission, backed by Bain Capital, is planning an IPO to raise Rs 1,400 crores. They've filed updated papers with Sebi. The money will help pay off loans and build new factories. The company said, "we are among the top two players." They're a big name in wiring harnesses for bikes and cars.