Divgi TorqTransfer Systems Limited IPO GMP, Review, Price, Allotment
Divgi TorqTransfer Systems Limited IPO Important Dates:
| Opening Date | 01 March 2023 |
| Closing Date | 03 March 2023 |
| Basis of Allotment | 09 March 2023 |
| Initiation of refunds | 10 March 2023 |
| Transfer of shares to demat accounts | 13 March 2023 |
| Listing Date | 14 March 2023 |
Divgi TorqTransfer Systems Limited IPO Details
| Divgi TorqTransfer Systems Limited IPO Price | ₹560 to ₹590 per share |
| Lot Size | 25 Shares |
| Minimum Amount for 1 lot | ₹14,750 |
| Total IPO size | 3,934,243 shares (aggregating up to ₹180.00 Cr) |
| Fresh Issue | 3,934,243 shares (aggregating up to ₹180.00 Cr) |
| Offer for Sale | – |
| Listing At | BSE, NSE |
| Retail Quota | 10% |
| QIB Quota | 75% |
| NII Quota | 15% |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Objective of the Issue:
- Funding capital expenditure requirements for the purchase of equipment/machineries of our manufacturing facilities;
- General corporate purposes.
Company Financials:
(Amount in ₹ Crore)
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 303.70 | 170.74 | 28.04 | 209.53 | 203.51 | 50.41 |
| 31-Mar-21 | 362.88 | 195.03 | 38.04 | 295.88 | 288.99 | 0.26 |
| 31-Mar-22 | 405.37 | 241.87 | 46.15 | 340.02 | 326.25 | 0.12 |
| 30-Sep-22 | 430.21 | 137.55 | 25.66 | 356.20 | 342.44 | 0.50 |
Company Promoters:
- Jitendra Bhaskar Divgi
- Hirendra Bhaskar Divgi
- Divgi Holdings Private Limited
IPO Registrar:
Phone: +91-22-4918 6270
Email: Divgi.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Company Contact Information:
Divgi TorqTransfer Systems Limited
Plot No. 75,
General Block, MIDC
Bhosari, Pune 411026
Phone: +91 020 – 27302000
Email: sckadrolli@divgi-tts.com
Website: http://www.divgi-tts.com/
IPO Offer Lead Manager:
- Inga Ventures Pvt Ltd
- Equirus Capital Private Limited
Divgi TorqTransfer Systems Limited IPO GMP today
| Divgi TorqTransfer Systems Limited IPO grey market premium | Subject to Sauda | Listing Gain |
| ₹29 | – | – |
Divgi TorqTransfer Systems Limited IPO Review:
| What our experts say about Divgi TorqTransfer Systems Limited IPO | APPLY |
Divgi TorqTransfer Systems Limited IPO Subscription Status live:
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 7.83 |
| Non-Institutional Buyers | 1.40 |
| Retail Investors | 4.31 |
| Employees | – |
| Others | – |
| Total | 5.44 |
Divgi TorqTransfer Systems IPO (Day-wise) Subscription Details (times)
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 Mar 1, 2023 | 0.00 | 0.06 | 0.60 | 0.12 |
| Day 2 Mar 2, 2023 | 0.06 | 0.22 | 1.56 | 0.38 |
| Day 3 Mar 3, 2023 | 7.83 | 1.40 | 4.31 | 5.44 |
Divgi TorqTransfer Systems Limited IPO Allotment Status:
| Check Divgi TorqTransfer Systems Limited IPO Allotment Status | Click Here |
Divgi TorqTransfer Systems Limited IPO Listing Price:
| IPO Price Band | ₹590.00 |
| Open | ₹620.00 |
| Low | ₹560.00 |
| High | ₹620.00 |
| Close | ₹605.20 |
FAQ:
When will Divgi TorqTransfer Systems Limited IPO open for subscription?
Divgi TorqTransfer Systems Limited IPO is set to open on 01 March 2023.
What is Divgi TorqTransfer Systems Limited IPO Price Band?
Divgi TorqTransfer Systems Limited IPO Price Band is ₹560 to ₹590 per share.
What is the lot size of Divgi TorqTransfer Systems Limited IPO?
The lot size of Divgi TorqTransfer Systems Limited IPO is 25 Shares per lot.
What is the issue size of Divgi TorqTransfer Systems Limited IPO?
Divgi TorqTransfer Systems Limited IPO issue size is ₹180.00 crore.
What is the last date to apply for Divgi TorqTransfer Systems Limited IPO?
The last date to apply for Divgi TorqTransfer Systems Limited IPO is 03 March 2023.
What is the Divgi TorqTransfer Systems Limited IPO Allotment Date?
The allotment Date for Divgi TorqTransfer Systems Limited IPO is 09 March 2023.
What is the Divgi TorqTransfer Systems Limited IPO listing date?
The listing Date for Divgi TorqTransfer Systems Limited IPO is 14 March 2023.
Divgi TorqTransfer Systems Limited IPO should I buy?
Yes, you should apply for Divgi TorqTransfer Systems Limited IPO.
How to apply for Divgi TorqTransfer Systems Limited IPO through 5 Paisa?
- Login to your 5paisa account and select “Divgi TorqTransfer Systems Limited IPO” in the current IPO section.
- Enter the number of lots and the price you wish to apply for the IPO.
- Enter your UPI ID and click on submit.
- You will receive a mandate notification to block funds in your UPI app.
- Approve the mandate request on your UPI and funds will be blocked
