Divgi TorqTransfer Systems Limited IPO (Divgi TorqTransfer IPO)
Note: Divgi TorqTransfer Systems Limited IPO is a BSE NSE IPO. They are going to raise ₹180.00 Crores via IPO. The issue is a price range of ₹560 to ₹590 per Equity Share. The IPO is to be listed on BSE NSE.
Divgi TorqTransfer Systems is established in 1964, the company is engaged in the business as an automotive component entity. They are among the very few automotive component entities in India with the capability to develop and provide system-level transfer cases, torque couplers, and dual-clutch automatic transmission solutions.
Divgi TorqTransfer is 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. Not only there also the only player manufacturing and exporting transfer cases to global OEMs from India, and the only manufacturer of torque couplers in India.
Divgi TorqTransfer Systems Limited manufactures and supplies its products under a wide range which includes-
- Torque transfer systems (which includes four-wheel-drive (“4WD”) and all-wheel-drive (“AWD”) products);
- 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.
- Alongside, they have also developed Transmission systems for EVs;
- DCT systems;
- Rear wheel drive manual transmissions.
Divgi TorqTransfer Systems Limited also takes pride in being among the few companies that serve as both, systems-level solution providers and component kit suppliers to global OEMs and Tier I transmission systems suppliers.
Divgi TorqTransfer Systems Limited IPO Financial Reports
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 303.70 | 170.74 | 28.04 | 209.53 | 203.51 | 50.41 |
| 31-Mar-21 | 362.88 | 195.03 | 38.04 | 295.88 | 288.99 | 0.26 |
| 31-Mar-22 | 405.37 | 241.87 | 46.15 | 340.02 | 326.25 | 0.12 |
| 30-Sep-22 | 430.21 | 137.55 | 25.66 | 356.20 | 342.44 | 0.50 |
| Amount in ₹ Crore | ||||||
Divgi TorqTransfer Systems Limited IPO Date & Price Band
| IPO Open: | March 01, 2022 |
| IPO Close: | March 03, 2022 |
| IPO Size: | Approx ₹180.00 Crores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹560 to ₹590 per Equity Share |
| IPO Listing on: | BSE NSE |
| Retail Quota: | 50% |
| QIB Quota: | -% |
| NII Quota: | 50% |
Divgi TorqTransfer Systems IPO Market Lot
The Divgi TorqTransfer Systems IPO lot size is 25 shares. A retail-individual investor can apply for up to 13 lots (325 shares or ₹191,750).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹14,750 |
| Retail (Max) | 13 | 325 | ₹191,750 |
| S-HNI (Min) | 14 | 350 | ₹206,500 |
| B-HNI (Min) | 68 | 1,700 | ₹1,003,000 |
Divgi TorqTransfer Systems IPO Allotment & Listing Dates
The IPO date is March 01 and the IPO close date is March 03, 2022. The IPO allotment date is March 09 and the Divgi TorqTransfer Systems IPO listing is March 14, 2022.
| Event | Tentative Date |
|---|---|
| Opening Date | Mar 1, 2023 |
| Closing Date | Mar 3, 2023 |
| Basis of Allotment | Mar 9, 2023 |
| Initiation of Refunds | Mar 10, 2023 |
| Credit of Shares to Demat | Mar 13, 2023 |
| Listing Date | Mar 14, 2023 |
Divgi TorqTransfer Systems Limited IPO Prospectus
What is the official website of Divgi TorqTransfer Systems Limited?
Divgi TorqTransfer Systems Limited Official Website is http://www.divgi-tts.com/
What is the registered address of Divgi TorqTransfer Systems?
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 IPO Company Promoter
Jitendra Bhaskar Divgi, Hirendra Bhaskar Divgi, and Divgi Holdings Private Limited are the promoters of the company.
Divgi TorqTransfer Systems Limited IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: Divgi.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Divgi TorqTransfer Systems Limited IPO Lead Managers
- Inga Ventures Pvt Ltd
- Equirus Capital Private Limited
What is Divgi TorqTransfer Systems IPO?
Divgi TorqTransfer Systems Limited IPO is a BSE NSE IPO. They are going to raise ₹180.00 Crores via IPO. The issue is a price range of ₹560 to ₹590 per Equity Share. The IPO is to be listed on BSE NSE.
When will Divgi TorqTransfer Systems IPO open?
The IPO will open for NII, QIB, and Retail Investors on March 01, 2022.
What are Divgi TorqTransfer Systems IPO Investors Portion?
The investors’ portion for NII is 15%, QIB is 75%, and Retail is 10%.
What is Divgi TorqTransfer Systems IPO Size?
The IPO size is ₹180.00 crores.
What is Divgi TorqTransfer Systems IPO Price Band?
The IPO Price range of ₹560 to ₹590 per equity share.
What is Divgi TorqTransfer Systems IPO Minimum and Maximum Lot Size?
The Divgi TorqTransfer Systems IPO lot size is 25 shares. A retail-individual investor can apply for up to 13 lots (325 shares or ₹191,750).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹14,750 |
| Retail (Max) | 13 | 325 | ₹191,750 |
| S-HNI (Min) | 14 | 350 | ₹206,500 |
| B-HNI (Min) | 68 | 1,700 | ₹1,003,000 |
What is Divgi TorqTransfer Systems IPO Allotment?
The IPO allotment date is March 09, 2022.
What is Divgi TorqTransfer Systems IPO Listing?
The IPO listing date is March 14, 2022. The IPO to list on BSE NSE.
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