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Divgi TorqTransfer Systems Ltd.

Divgi TorqTransfer Systems Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹590
₹590
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹590
Based on GMP
Min. Investment
₹14,750
1 lot × 25 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
01 Mar 2023
Close Date
03 Mar 2023
Allotment
09 Mar 2023
Listing Date
14 Mar 2023
Exchange
NSE & BSE
Price Band
₹590
Listing Price
See chart
Allotment Status
Price Band
₹590
Per share
Face Value
₹5 per share
 
Lot Size
25 Shares
per lot
Issue Size
69,85,090 shares (aggregating up to ₹412.12 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,750
1 lot
Pre-IPO Holding
2,75,32,080 shares
Promoters
Post-IPO Holding
3,05,82,927 shares
Promoters
P/E (Pre)
35.16x
 
UPI Deadline
2023-03-03
Mandate
Anchor AllotmentTue, 28 Feb 2023
Basis of AllotmentThu, 09 Mar 2023
Refund InitiationFri, 10 Mar 2023
Demat CreditMon, 13 Mar 2023
Listing DayTue, 14 Mar 2023
UPI Mandate Deadline2023-03-03
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares30,50,847 shares (aggregating up to ₹180.00 Cr)
Offer for Sale39,34,243 shares of ₹5 (aggregating up to ₹232.12 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Divgi TorqTransfer Systems Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 Mar 2023.
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)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,985,090
100% ₹412.12
IPO Shares Offered
Divgi TorqTransfer Systems Ltd. IPO total issue size: ₹412.12 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 6,985,090 ₹412.12
100.00%
* Based on upper price band ₹590 per share
Lot Size & Investment
Lot Size
25
Shares per Lot
Issue Price
₹590.00
Upper Band
Min Investment
₹14,750
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)250₹29,500
Retail (Max — 13 Lots)13325₹191,750
S-HNI (Min — 14 Lots)14350₹206,500
B-HNI (Min — 68 Lots)681,700₹1,003,000
* Issue Price ₹590 × Lot Size 25 shares
IPO Schedule
Anchor
28 Feb 2023
✓ Done
IPO Open
01 Mar 2023
✓ Done
IPO Close
03 Mar 2023
✓ Done
Allotment
09 Mar 2023
✓ Done
Refunds
10 Mar 2023
✓ Done
Demat Credit
13 Mar 2023
✓ Done
Listing Day
14 Mar 2023
✓ Done
Divgi TorqTransfer Systems Ltd. — Live Price LIVE
₹590.00
INR · BSE
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Issue ₹590.00 Live Price
About Divgi TorqTransfer Systems Ltd.
Incorporated in 1964, Divgi TorqTransfer Systems Limited is engaged in the business as an automotive component entity. They are among the very few automotive component entities in India with the capability to develop and provide system-level transfer cases, torque couplers, and dual-clutch automatic transmission solutions.Divgi TorqTransfer is one of the leading players supplying transfer case systems to automotive OEMs in India and the largest supplier of transfer case systems to passenger vehicle manufacturers in India. Not only thi are also the only player manufacturing and exporting transfer cases to global OEMs from India, and the only manufacturer of torque couplers in India.Divgi TorqTransfer Systems Limited manufactures and supplies its products under a wide range which includes-Torque transfer systems (which includes four-wheel-drive ("4WD") and all-wheel-drive ("AWD") products);Synchronizer systems for manual transmissions and DCT;Components for the above-mentioned product categories for torque transfer systems and synchronizer systems in manual transmission, DCT, and EVs.Alongside, they have also developedTransmission systems for EVs;DCT systems;Rear wheel drive manual transmissions.Divgi TorqTransfer Systems Limited also takes pride in being among the few companies that serve as both, systems-level solution providers and component kit suppliers to global OEMs and Tier I transmission systems suppliers.
Objects of the Issue
1
1 Funding capital expenditure requirements for the purchase of equipments/machineries of our manufacturing facilities
2
2 General corporate purposes
Divgi TorqTransfer Systems Ltd. Financials (Amount in Crore)
Revenue from Operations
₹241.9
31-Mar-22
₹195.0
31-Mar-21
₹170.7
31-Mar-20
Profit After Tax (PAT)
₹46.2
31-Mar-22
₹38.0
31-Mar-21
₹28.0
31-Mar-20
Particulars31-Mar-2031-Mar-2131-Mar-22
Revenue from Operations 170.74 195.03 241.87
EBITDA N/A N/A N/A
Profit After Tax (PAT) 28.04 38.04 46.15
Net Worth 209.53 295.88 340.02
Total Assets 303.70 362.88 405.37
Reserves & Surplus 203.51 288.99 326.25
Borrowings 50.41 0.26 0.12
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered69,85,090 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding2,75,32,080 shares
Post-Issue Promoter Holding3,05,82,927 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Inga Ventures Pvt.Ltd.
Equirus 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 Divgi TorqTransfer Systems Ltd. IPO subscribed?

Divgi TorqTransfer Systems Ltd. IPO is subscribed 1.00 times by Mar 03, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Divgi TorqTransfer Systems Ltd. IPO retail subscription status?

The Divgi TorqTransfer Systems Ltd. IPO retail category is subscribed 1.00 times as of 03 Mar 2023. The retail portion is oversubscribed.

How to subscribe Divgi TorqTransfer Systems Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 01 Mar 2023 and closes 03 Mar 2023. Min investment: ₹14,750 (1 lot = 25 shares). UPI mandate: 2023-03-03.

How many times Divgi TorqTransfer Systems Ltd. IPO subscribed?

The Divgi TorqTransfer Systems Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Divgi TorqTransfer Systems Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 09 Mar 2023. Refunds: on 10 Mar 2023.

When Divgi TorqTransfer Systems Ltd. IPO will be listed?

The Divgi TorqTransfer Systems Ltd. IPO listing date is 14 Mar 2023, Tuesday. Listed on: NSE & BSE. Issue price: ₹590. Estimated listing: ₹590. GMP: NIL.

When Divgi TorqTransfer Systems Ltd. IPO close?

The Divgi TorqTransfer Systems Ltd. IPO closes on 03 Mar 2023, Friday. UPI mandate: 2023-03-03. Allotment: 09 Mar 2023. Listing: 14 Mar 2023.