Divgi TorqTransfer Systems IPO Date, Review, Price, Allotment, Analysis – IPO Watch
Written by Lucky Wilson | KJMM.COM on February 21, 2023
Divgi TorqTransfer Systems IPO Details: Divgi TorqTransfer IPO date is not fixed yet, the IPO is to hit the market in 2023 as per the market speculations. Divgi TorqTransfer Systems IPO to raise around ₹[.] crores via IPO that comprises fresh issue of ₹200 crores and offer for sale up to 3,146,802 equity shares of ₹5 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.
Divgi TorqTransfer Systems was established in 1984 namely Divgi Metalwares Private Limited. The company is one of the leading players in the automotive component entity that develop system-level transfer cases, torque couplers, and dual-clutch automatic transmission solutions. The company caters to the next generation of clients like Toyota, Mahindra & Mahindra, and Tata Motors. The company has stamped its global footprint being a trusted supplier to customers in UK and USA in the west to China, Thailand, Korea, and Japan in the east.
Divgi TTS is one of India’s leading Tier 1 companies in the design, development, and manufacturing of advanced drivetrain components and systems. They manufacture and supply products like Torque transfer systems, 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, Transmission systems for EVs, DCT systems, Rear wheel drive manual transmissions, and more.
Objects of the Issue
- Funding capital expenditure requirements for the purchase of equipment/machineries of our manufacturing facilities.
- General corporate purposes.
Divgi TorqTransfer Systems IPO Review (Apply or Not)
Brokerage Firm IPO Review
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
Divgi TorqTransfer Systems IPO Date & Price Band Details
IPO Open: | 2023 |
IPO Close: | 2023 |
IPO Size: | Approx ₹- Crores |
Fresh Issue: | Approx ₹200 Crores |
Offer for Sale: | Approx 3,146,802 equity shares |
Face Value: | ₹5 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] Per Share |
IPO Listing on: | BSE & NSE |
Retail Quota: | 10% |
QIB Quota: | 75% |
NII Quota: | 15% |
Discount: | N/A |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Divgi TorqTransfer Systems IPO Market Lot
The Divgi TorqTransfer Systems IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 13 | – | ₹- |
S-HNI Minimum | 14 | – | ₹- |
B-HNI Minimum | 68 | – | ₹- |
Divgi TorqTransfer Systems IPO Allotment & Listing Dates
The Divgi TorqTransfer Systems IPO date is 2023 and the close date is 2023. The Divgi TorqTransfer Systems IPO allotment will be finalized on 2023 and the IPO listing on 2023.
Price Band Announcement: | 2023 |
Anchor Investors Allotment: | 2023 |
IPO Open Date: | 2023 |
IPO Close Date: | 2023 |
Basis of Allotment: | 2023 |
Refunds: | 2023 |
Credit to Demat Account: | 2023 |
Divgi TorqTransfer Systems IPO Listing Date: | 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Divgi TorqTransfer Systems IPO Form
How to apply for the Divgi TorqTransfer Systems IPO? You can apply for Divgi TorqTransfer Systems IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Divgi TorqTransfer Systems IPO in the Invest section. The other option is you can apply for Divgi TorqTransfer Systems IPO via IPO forms downloaded via NSE and BSE. Check out the Divgi TorqTransfer Systems forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Divgi TorqTransfer Systems Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2020 | ₹171 | ₹133 | ₹28.04 |
2021 | ₹195 | ₹142 | ₹38.04 |
2022 | ₹242 | ₹180 | ₹46.15 |
Divgi TorqTransfer Systems IPO Valuation – FY2022
Check Divgi TorqTransfer Systems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹16.76 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 13.57% |
Net Asset Value (NAV): | ₹123.50 per Equity Share |
Peer Group
- Sona BLW Precision Forgings Limited
- Bosch Limited
- ZF Commercial Vehicle Control Systems India Limited
- Sundram Fasteners Limited
- Endurance Technologies Limited
- Jitendra Bhaskar Divgi
- Hirendra Bhaskar Divgi
- Divgi Holdings Private Limited
Divgi TorqTransfer Systems IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
Divgi TorqTransfer Systems IPO Allotment Status Check
Check Divgi TorqTransfer Systems IPO allotment status on Linkintime website allotment URL. Click Here
Divgi TorqTransfer Systems IPO Lead Managers
- Inga Ventures Pvt Ltd
- Equirus Capital Private Limited
Company Address
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 FAQs
What is Divgi TorqTransfer Systems IPO?
Divgi TorqTransfer Systems IPO is a main-board IPO. They are going to raise ₹- Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity share. The IPO is to be listed on BSE & NSE.
When Divgi TorqTransfer Systems IPO will open?
The IPO is to open on 2023 for QIB, NII, and Retail Investors.
What is Divgi TorqTransfer Systems IPO Investors Portion?
The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.
How to Apply the Divgi TorqTransfer Systems IPO?
You can apply for Divgi TorqTransfer Systems IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Divgi TorqTransfer Systems IPO through Zerodha?
How to Apply the Divgi TorqTransfer Systems IPO through Upstox?
How to Apply the Divgi TorqTransfer Systems IPO through Paytm Money?
What is Divgi TorqTransfer Systems IPO Size?
Divgi TorqTransfer Systems IPO size is ₹- crores.
What is Divgi TorqTransfer Systems IPO Price Band?
Divgi TorqTransfer Systems IPO Price Band is ₹[.] to ₹[.].
What is Divgi TorqTransfer Systems IPO Minimum and Maximum Lot Size?
The minimum bid is [.] Shares with ₹[.] amount while the maximum bid is [.] shares with ₹[.].
What is the Divgi TorqTransfer Systems IPO Allotment Date?
Divgi TorqTransfer Systems IPO allotment date is 2023.
What is the Divgi TorqTransfer Systems IPO Listing Date?
Divgi TorqTransfer Systems IPO listing date is 2023. The IPO is to list on BSE and NSE.
Note: The Divgi TorqTransfer Systems IPO price band and date are not officially announced yet. The IPO grey market premium (Divgi TorqTransfer Systems IPO Premium) will be added to the IPO grey market page as it will start).
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