India ·
Bain Capital books an 89% markup on Dhoot Transmission via a ₹1,667cr OFS, five months after its last preferred round
BC Asia Investments XV — the Bain Capital vehicle that built its stake in Dhoot Transmission in tranches from December 2024 through a March 2026 preferential allotment at ₹461.22/share — is part-exiting via a ₹1,666.89 crore OFS tranche in the wiring-harness maker’s ₹3,067 crore IPO, priced at up to ₹871/share as subscriptions opened August 10.
Source: Whalesbook ↗
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