The Divgi TorqTransfer Systems IPO has begun on 01-Mar-2023. It will close on 03-Mar-2023. The Total IPO Size is 412 Crore. The company set its IPO price is 560-590 Rs Per Share. Basically, there are three basic categories in Divgi TorqTransfer Systems IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs).
Divgi TorqTransfer Systems is established in 1964.
Divgi TorqTransfer Systems are amongst the very few automotive component entities in India. They are 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.
They manufacture and supply a variety of products under the broad categories of (i) torque transfer systems (which includes fourwheel-drive (“4WD”) and all-wheel-drive (“AWD”) products); (ii) synchronizer systems for manual transmissions and DCT and (iii) components for the above-mentioned product categories for torque transfer systems and synchronizer systems in
manual transmission, DCT, and EVs.
They have three manufacturing and assembling facilities across India located at Sirsi in Karnataka, and Shivare and Bhosari near Pune in Maharashtra.
Industry Peers
1) Sona BLW Precision Forgings Limited
2) Bosch Limited
3) Endurance Technologies Limited
4) ZF Commercial Vehicle Control Systems India Limited
5) Endurance Technologies Limited
Divgi TorqTransfer Systems IPO Promotors
1) Jitendra Bhaskar Divgi
2) Hirendra Bhaskar Divgi
3) Divgi Holdings Private Limited
Divgi TorqTransfer Systems IPO Date, Details & Price Band
| IPO Opening Dates | 01-Mar-2023 |
| IPO Closing Dates | 03-Mar-2023 |
| Price Band | 560-590 Rs |
| Offer For Sale | 232 Crore |
| Fresh issue | 180 Crore |
| Total IPO size | 412 Crore |
| Minimum bid (lot size) | 25 Shares |
| Face Value | 5 INR Per Share |
| QIB Allocation | 75% |
| HNI Allocation | 15% |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Divgi TorqTransfer Systems IPO Market Lot
The Divgi TorqTransfer Systems IPO minimum market lot is 25 shares With 14,750 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 25 | 14,750 ₹ |
| Retail Maximum | 13 | 325 | 1,91,750 ₹ |
| S-HNI Minimum | 14 | 350 | 2,06,500 ₹ |
| Retail Maximum | 67 | 1,700 | 10,03,000 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | Earnings per equity share (Basic) | Net asset value per Equity Share (₹) | |
| 31-Mar-22 | 405.37 | 241.87 | 46.15 | 16.76 | 123.50 |
| 31-Mar-21 | 362.88 | 195.03 | 38.04 | 13.82 | 107.47 |
| 31-Mar-20 | 303.70 | 170.74 | 28.04 | 11.64 | 86.98 |
Divgi TorqTransfer Systems IPO GMP & Grey Market Premium
Divgi TorqTransfer Systems IPO GMP Grey market premium has been started today. Check Latest Divgi TorqTransfer Systems IPO GMP, Kostak Rates and Subject to Sauda Price here.
Divgi TorqTransfer Systems IPO Prospectus
| DRHP | Download |
| RHP | Download |
Divgi TorqTransfer Systems IPO Reviews
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Divgi TorqTransfer Systems IPO Form Download
Divgi TorqTransfer Systems IPO form available on NSE, BSE Website as well as on our Portal. Please click here to Download Divgi TorqTransfer Systems IPO forms.
Divgi TorqTransfer Systems IPO Allotment Date & Details
| Allotment Date | 09-Mar-2023 |
| Initiation of refunds | 10-Mar-2023 |
| Transfer of shares to Demat accounts | 13-Mar-2023 |
| Listing Date | 14-Mar-2023 |
| Check Allotment Status | Click here |
Registrar of Divgi TorqTransfer Systems IPO
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg
Vikhroli (West), Mumbai 400 083, Maharashtra
Telephone: +91 22 4918 6200
Investor grievance E-mail: [email protected]
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Divgi TorqTransfer Systems Contact Details
Divgi TorqTransfer Systems Limited
Plot No. 75,
General Block, MIDC
Bhosari, Pune 411026
Phone: +91 020 – 27302000
Email: [email protected]
Website: http://www.divgi-tts.com/
Divgi TorqTransfer Systems IPO Lead Managers
Inga Ventures Private Limited
1229, Hubtown Solaris,
NS Phadke Marg,
Opp. Telli Galli,
Andheri (East)
Mumbai 400 069,
Maharashtra, India
Telephone: +91 22 6854 0808
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.ingaventures.com
Contact person: Kavita Shah
SEBI registration no.: INM000012698
Equirus Capital Private Limited
12th Floor, C Wing,
Marathon Futurex,
N.M. Joshi Marg, Lower Parel,
Mumbai – 400013
Maharashtra, India
Telephone: +91 22 4332 0734
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.equirus.com
Contact person: Mrunal Jadhav
SEBI registration no.: INM000011286
FAQ Question
- When is Divgi TorqTransfer Systems IPO Listing Date?
Divgi TorqTransfer Systems IPO listing date is 01-Mar-2023.
- When Divgi TorqTransfer Systems IPO allotment?
Divgi TorqTransfer Systems IPO Allotment date is 03-Mar-2023.
- What is Divgi TorqTransfer Systems IPO GMP ( Grey market premium) ?
Check latest IPO GMP
- What is the lot size of Divgi TorqTransfer Systems IPO?
25 Shares Minimum.
- How to apply in Divgi TorqTransfer Systems IPO through Zerodha?
1) Log in to Console on the Zerodha website.
2) Navigate to Portfolio and choose the IPOs link.
3) Click the ‘Bid’ button in the ‘Divgi TorqTransfer Systems IPO’ row.
4) Fill in your UPI ID, Quantity, and Price.
5) Fill out the IPO application form and click the “ Submit ” button.
6) To approve the mandate, go to the UPI App (net banking or BHIM).
- How to check Divgi TorqTransfer Systems IPO Allotment?
User can check Divgi TorqTransfer Systems IPO Allotment on linkintime.co.in website.
- How to check Divgi TorqTransfer Systems IPO Subscription Status?
User can check Divgi TorqTransfer Systems IPO Subscription Status on our website.
- What is the Price band of Divgi TorqTransfer Systems IPO?
560-590 Rs.
- What is the Issue Size of Divgi TorqTransfer Systems IPO?
412 Crore
