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 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.
| Latest News Update: Divgi TorqTransfer Systems IPO Subscription Status Live | |
|
Divgi TorqTransfer Systems IPO Subscription Status ( 03 March 2023 | 05:00 PM )
| Day 1 (times) | Day 2 (times) | Day 3 (times) | |
| QIB | 0.00 | 0.06 | 7.83 |
| NII | 0.06 | 0.22 | 1.38 |
| Retail | 0.60 | 1.56 | 4.20 |
| Total | 0.12 | 0.38 | 5.41 |
Divgi TorqTransfer Systems IPO FAQ Question
- How many times Divgi TorqTransfer Systems IPO subscribed?
The Divgi TorqTransfer Systems IPO subscription status 5.41 times day 3.
- What is Divgi TorqTransfer Systems IPO retail subscription status?
The Divgi TorqTransfer Systems IPO retail subscription status 4.20 times day 3.
- What is Divgi TorqTransfer Systems IPO NII subscription status?
The Divgi TorqTransfer Systems IPO NII subscription status 1.38 times day 3.
- What is Divgi TorqTransfer Systems IPO QIB subscription status?
The Divgi TorqTransfer Systems IPO QIB subscription status 7.83 times day 3.
- How to subscribe Divgi TorqTransfer Systems IPO?
An investor can apply in Divgi TorqTransfer Systems IPO online via bank (using ASBA) or the broker (using UPI). The Divgi TorqTransfer Systems IPO shares are offered online only.
- What is Divgi TorqTransfer Systems IPO allotment date?
The Divgi TorqTransfer Systems IPO allotment date expected on 2023.
