Divgi TorqTransfer Systems Limited IPO Date, Price, Review and Details
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March 01, 2023 - March 03, 2023
Closed
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Divgi TorqTransfer Systems Limited IPO
This Company was incorporated in 1964, Divgi Torq Transfer System Limited engaged in the business of automotive. They manufacture and supply a variety of products under broad categories like 1) transmission systems, 2) DCT systems, 3) synchronizer systems for manual transmissions, they have also developed DCT systems, and transmission systems for EVs. Their Strategies Improve their market share and wallet share by increasing customer and geographic diversification.
Company Promoters:
• Jitendra Bhaskar Divgi
• Hirendra Bhaskar Divgi
• Divgi Holdings Private Limited
Objects of this Issue:
• Funding capital expenditure requirements for the purchase of equipment/machinery for their manufacturing facilities.
• general corporate purposes.
Financial Information of the Company:
| Amount in Million (Rs.) | ||
As on 31 Mar 2022 | As on 31 Mar 2021 | As on 31 Mar 2020 | |
Total Assets | 2,635.45 | 2,496.11 | 2,046.33 |
Total Liabilities | 653.55 | 670.06 | 941.67 |
Net Profit | 461.51 | 380.44 | 280.39 |
Divgi TorqTransfer Systems Limited IPO Schedule
1. Bid or Offer Opens on: 01 March 2023
2. Bid or Offer Closes on: 03 March 2023
3. Finalization of BoA: 09 March 2023
4. Initiation of Refunds: 10 March 2023
5. Credit of shares to Demat account: 13 March 2023
6. Listing Date: 14 March 2023
Divgi TorqTransfer Systems Limited IPO Lot Size
Market lot size of the Divgi TorqTransfer Systems Limited IPO is 1 shares. Minimum and Maximum order quantity is as follows:
Application | Lots | Shares | Amount | |
Retail | Minimum | 1 | 25 | ₹14,750 |
Maximum | 13 | 325 | ₹191,750 | |
S-HNI | Minimum | 14 | 350 | ₹206,500 |
B-HNI | Minimum | 68 | 1,700 | ₹1,003,000 |
Company Contact Details:
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/
Divgi TorqTransfer Systems Limited IPO Registrar Details:
Link Intime India Private Ltd
C-101, 1st Floor, 247 Park
L.B.S Marg,Vikhroli West,
Mumbai 400 083
Maharashtra, India
Phone: +91-22-4918 6270
Email: Divgi.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Frequently Asked Question
You can apply for an IPO from any place by using internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stock broker. You can invest in Divgi TorqTransfer Systems Limited IPO by using any one of these method as per your convenience.
Divgi TorqTransfer Systems Limited IPO will be closed on March 03, 2023.
Pre-issue shareholdings of Divgi TorqTransfer Systems Limited IPO promoters are 67.18%
Link Intime India Private Ltd is the registrar of Divgi TorqTransfer Systems Limited IPO.
If you do not get the allotment of Divgi TorqTransfer shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Divgi TorqTransfer Systems Limited IPO is going to open on March 01, 2023.
Face value of equity shares of Divgi TorqTransfer Systems Limited IPO is ₹1.
Divgi TorqTransfer Systems Limited IPO will get listed on March 14, 2022.
You will receive the allotted shares in your Demat account on March 13, 2023.
Price of 1 share of Divgi TorqTransfer Systems Limited IPO is ₹560 - ₹590.
Divgi TorqTransfer Systems Limited IPO shares will get listed at NSE and BSE.
Market lot size of the Divgi TorqTransfer Systems Limited IPO is 25 shares.
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