Divgi TorqTransfer Systems Limited IPO

Mainboard

Auto Components & Equipments

Listed On: Mar 14, 2023 at ₹ 620.0(NSE)

₹ 14750 /25 Shares

Check Allotment

Price Summary

Last Closing

599.00 (1.53%)

52 Week High

1,150.00

52 Week Low

573.15

Last Update

19-Sep-2024 3:30 PM

Divgi TorqTransfer Systems IPO Details

01 Mar, 2023

Open Date

03 Mar, 2023

Close Date

09 Mar, 2023

Allotment Date

14 Mar, 2023

Listing Date

Issue Price

560-590 per equity share

Face Value

₹5 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

620.0(NSE)

Listing Date

2023-03-14

Market Lot

Retail : 25 Shares (₹14,750/-)
sHNI : 350 Shares (₹2,06,500/-)
bHNI : 1,750 Shares (₹10,03,000/-)

Lead Manager

Inga Ventures Pvt Ltd
Equirus Capital Private Limited

Issue Size

Total 412 Cr Approx = Fresh Issue : 180 Cr + 3,934,243 shares OFS

Retail Portion

10% (Number of Retail Applications : 27,940 Approx),
(Number of sHNI Applications : 990 Approx),
(Number of bHNI Applications : 1,990 Approx)

Subscription

5.44 times

IPO Docs

DRHP RHP

Divgi TorqTransfer Systems IPO Subscription Details

As on	QIB	NII bNII sNII	Retail	Total
Shares Offered / Reserved	2,095,528	1,047,763 698,508 349,255	698,509	3,841,800
Day 1 - 01-03-23 05:00 PM	0.00 x	0.06 0.04 x 0.09 x	0.60 x	0.12 x
Day 2 - 02-03-23 05:00 PM	0.06 x	0.22 0.15 x 0.37 x	1.56 x	0.38 x
Day 3 - 03-03-23 05:00 PM	7.83 x	1.40 0.89 x 2.41 x	4.31 x	5.44 x

Divgi TorqTransfer Systems Valuations

Earnings Per Share (EPS)

₹16.76/-

P/E Ratio

N/A

RoNW

13.57%

Net Asset Value (NAV) - As on 31.03.22

₹123.50

Divgi TorqTransfer Systems Company Financials All values are in ₹ Cr.

	31-Mar-22	31-Mar-21	31-Mar-20
Assets	405.37	362.88	303.70
Revenue	241.87	195.03	170.74
Profit After Tax	46.15	38.04	28.04

About The Company

Divgi TorqTransfer Systems Limited 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 thi are 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 - Promoter(s)

Pre Issue Share Holding: 67.18%

Post Issue Share Holding: N/A%

Company Promoter(s)

Jitendra Bhaskar Divgi, Hirendra Bhaskar Divgi
Divgi Holdings Private Limited

Divgi TorqTransfer Systems IPO - Issue Objectives

Funding capital expenditure requirements for the purchase of equipment/machineries of our manufacturing facilities;
General corporate purposes.

Divgi TorqTransfer Systems IPO - Anchor Investors

Divgi Torqtransfer Systems raises Rs 185.45 crore via anchor book, ahead of IPO.

ICICI Prudential Mutual Fund, Nippon Life India, Quant Mutual Fund, Edelweiss Trusteeship, Motilal Oswal Mutual Fund, Aditya Birla Sun Life Insurance Company, Matthews Asia Funds, Aurigin Master Fund and Bengal Finance and Investment are the anchor investors in the company.

Divgi TorqTransfer Systems IPO - FAQs

Ans. Divgi TorqTransfer Systems Limited IPO is a Mainboard IPO. The issue is priced at 560-590 per equity share. The minimum order quantity is 25 Shares. The IPO opens on Mar 1, 2023, and closes on Mar 3, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Divgi TorqTransfer Systems Limited IPO opens on Mar 1, 2023 and closes on Mar 3, 2023.

Ans. The size of Divgi TorqTransfer Systems Limited IPO is Total 412 Cr Approx = Fresh Issue : 180 Cr + 3,934,243 shares OFS.

Ans. The IPO price band is set between 560-590 per equity share.

Ans. To apply for Divgi TorqTransfer Systems Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Divgi TorqTransfer Systems Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Divgi TorqTransfer Systems Limited IPO is Mar 9, 2023.

Ans. The Divgi TorqTransfer Systems Limited IPO will be listed on Mar 14, 2023.

Ans. Follow the steps to check the allotment status for Divgi TorqTransfer Systems Limited IPO here.