Diensten Tech Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

26 Jun 2024

Close Date

28 Jun 2024

Allotment

01 Jul 2024

Listing Date

03 Jul 2024

Exchange

NSE SME

Price Band

₹100

Listing Price

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Allotment Status

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Price Band

₹100

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

22,08,000 shares (aggregating up to ₹22.08 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹120,000

1 lot

Pre-IPO Holding

60,52,646 shares

Promoters

Post-IPO Holding

82,60,646 shares

Promoters

P/E (Pre)

344.83x

EPS (Pre)

₹0.29

UPI Deadline

2024-06-28

Mandate

Anchor AllotmentTue, 25 Jun 2024

Basis of AllotmentMon, 01 Jul 2024

Refund InitiationTue, 02 Jul 2024

Demat CreditTue, 02 Jul 2024

Listing DayWed, 03 Jul 2024

UPI Mandate Deadline2024-06-28

Sale TypeFresh Capital

Net Offer to Public20,97,600 shares (aggregating up to ₹20.98 Cr)

Market Maker Quota1,10,400 shares (aggregating up to ₹1.10 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Diensten Tech Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 28 Jun 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	110,400	—	₹1.10
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,208,000	100%	₹22.08

IPO Shares Offered

Diensten Tech Ltd IPO total issue size: ₹22.08 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	110,400	₹1.10	5.00%
Total	2,208,000	₹22.08	100.00%

* Based on upper price band ₹100 per share

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹100.00

Upper Band

Min Investment

₹120,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹240,000
Retail (Max — 13 Lots)	13	15,600	₹1,560,000
S-HNI (Min — 14 Lots)	14	16,800	₹1,680,000
B-HNI (Min — 68 Lots)	68	81,600	₹8,160,000

* Issue Price ₹100 × Lot Size 1,200 shares

IPO Schedule

Anchor

25 Jun 2024

✓ Done

IPO Open

26 Jun 2024

✓ Done

IPO Close

28 Jun 2024

✓ Done

Allotment

01 Jul 2024

✓ Done

Refunds

02 Jul 2024

✓ Done

Demat Credit

02 Jul 2024

✓ Done

Listing Day

03 Jul 2024

✓ Done

₹100.00

INR · NSE

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Issue ₹100.00 Live Price

About Diensten Tech Ltd

Diensten Tech Limited, formerly known as JKT Consulting Limited, was founded in 2007 and provides information technology (IT) professional resourcing, IT consulting, IT training and software AMC services.The company's list of services includes:IT support and consulting services: Under this framework, the company provides comprehensive IT professional resourcing, IT consulting, and software AMC services in various industries, namely information technology, banking and finance, automotive and engineering, telecommunications, healthcare, retail and entertainment.Corporate training services: In this area, the company offers both technical and soft skills-based training services. These include ERP and business application training, behavioral training, induction/onboarding training, domain-specific training, training and deployment, CSR implementation programs, disaster and safety management training, learning solutions, and educational tourism.As of December 31, 2023, the company had 458 employees.

Objects of the Issue

Payment of liability raised against outstanding payment of consideration for "Professional Services and Training Division" business acquired from J K Technosoft Limited, vide Business Transfer Agreement Dated April 30, 2022.

to meet the Working Capital requirements of the Company;

To meet out the General Corporate Purposes; and

To meet out the Issue Expenses.

Diensten Tech Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹76.5

31 Mar 2022

₹3,760.3

31 Mar 2023

₹2,620.9

31 Dec 2023

Profit After Tax (PAT)

₹1.5

31 Mar 2022

₹16.1

31 Mar 2023

-₹171.7

31 Dec 2023

Particulars	31 Dec 2023	31 Mar 2023	31 Mar 2022
Revenue from Operations	2620.92	3760.31	76.53
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	-171.70	16.06	1.45
Net Worth	253.34	425.05	139.99
Total Assets	3019.89	1504.81	203.66
Reserves & Surplus	-351.92	-180.21	-196.27
Borrowings	1847.67	280.00	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoE

-67.50%

RoCE

-20.74%

RoNW

-67.77%

Debt/Equity

7.29

Issue Structure & Shareholding

Total Shares Offered22,08,000 (100.00%)

Net Offer to Public20,97,600 shares (aggregating up to ₹20.98 Cr)

Reserved for Market Maker1,10,400 shares (aggregating up to ₹1.10 Cr)

Pre-Issue Promoter Holding60,52,646 shares

Post-Issue Promoter Holding82,60,646 shares

P/BV RatioN/A

RoE-67.50%

RoCE-20.74%

Debt / Equity7.29

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

dtl.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Corporate Professionals Capital Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Diensten Tech Ltd IPO subscribed? ▲

Diensten Tech Ltd IPO is subscribed 1.00 times by Jun 28, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Diensten Tech Ltd IPO retail subscription status? ▼

The Diensten Tech Ltd IPO retail category is subscribed 1.00 times as of 28 Jun 2024. The retail portion is oversubscribed.

How to subscribe Diensten Tech Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 26 Jun 2024 and closes 28 Jun 2024. Min investment: ₹120,000 (1 lot = 1,200 shares). UPI mandate: 2024-06-28.

How many times Diensten Tech Ltd IPO subscribed? ▼

The Diensten Tech Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Diensten Tech Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 01 Jul 2024. Refunds: on 02 Jul 2024.

When Diensten Tech Ltd IPO will be listed? ▼

The Diensten Tech Ltd IPO listing date is 03 Jul 2024, Wednesday. Listed on: NSE SME. Issue price: ₹100. Estimated listing: ₹100. GMP: NIL.

When Diensten Tech Ltd IPO close? ▼

The Diensten Tech Ltd IPO closes on 28 Jun 2024, Friday. UPI mandate: 2024-06-28. Allotment: 01 Jul 2024. Listing: 03 Jul 2024.

Quick Actions

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Live Price LIVE

Last Price₹100.00

Change—

Issue Price₹100.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹100

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹120,000

GMPNIL

Est. Listing₹100

Subscribed1.00x

Open Date26 Jun 2024

Close Date28 Jun 2024

Allotment01 Jul 2024

Listing Date03 Jul 2024

ExchangeNSE SME

UPI Deadline2024-06-28