Divgi TorqTransfer IPO Date, Review, Price, Allotment, Analysis – IPO Watch

Divgi TorqTransfer Systems IPO Details: Divgi TorqTransfer IPO date is fixed, the IPO is to hit the market on March 1 and will close on March 3. Divgi TorqTransfer Systems IPO to raise around ₹412 crores via IPO that comprises fresh issue of ₹180 crores and offer for sale up to 3,934,243 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 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 IPO Date & Price Band Details

Divgi TorqTransfer IPO Market Lot

The Divgi TorqTransfer Systems IPO minimum market lot is 25 shares with ₹14,750 application amount. The retail investors can apply up-to 13 lots with 325 shares or ₹191,750 amount.

Divgi TorqTransfer IPO Allotment & Listing Dates

The Divgi TorqTransfer Systems IPO date is March 1 and the close date is March 3. The Divgi TorqTransfer Systems IPO allotment will be finalized on March 9 and the IPO listing on March 14.

You can check IPO subscription status and IPO allotment status on their respective pages.

Divgi TorqTransfer 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 Company Financial Report

Divgi TorqTransfer 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.

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 IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Divgi TorqTransfer IPO Allotment Status Check

Check Divgi TorqTransfer Systems IPO allotment status on Linkintime website allotment URL. Click Here

Divgi TorqTransfer 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

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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