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Divgi TorqTransfer Systems IPO Date, Review, Price Band & Market Lot

Copy of Harsha Engineers IPO GREY MARKET PREMIUM 13
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Incorporated in 1964, 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-

  1. Torque transfer systems (which includes four-wheel-drive (“4WD”) and all-wheel-drive (“AWD”) products);
  2. Synchronizer systems for manual transmissions and DCT;
  3. 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

  1. Transmission systems for EVs;
  2. DCT systems;
  3. Rear wheel drive manual transmissions.

Divgi TorqTransfer Systems IPO Date & Price Band :

 IPO Open:01 Mar 2023
 IPO Close:03 Mar 2023
 IPO Size:412.12 Crores
 Price Band:560 to ₹590 per share
 Listing on:BSE & NSE
 Retail Portion:Not more than 10% of the Offer
 Equity:3,146,802 shares
Face Value: ₹5 per share

Divgi TorqTransfer Systems IPO Market Lot:

  1. Shares: Minimum 25 shares
  2. Minimum Amount: ₹14,750
  3. Maximum Amount: 191,750

Divgi TorqTransfer Systems IPO Allotment & Listing:

  • Basis of Allotment: Mar 9, 2023
  • Refunds: Mar 10, 2023
  • Credit to Demat accounts: Mar 13, 2023
  • Listing: Mar 14, 2023

Divgi TorqTransfer Systems IPO Form Download:

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.

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Divgi TorqTransfer Systems Financial:

Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-20303.70170.7428.04
31-Mar-21362.88195.0338.04
31-Mar-22405.37241.8746.15

Peer Group

  • Sona BLW Precision Forgings Limited
  • Bosch Limited
  • ZF Commercial Vehicle Control Systems India Limited
  • Sundram Fasteners Limited
  • Endurance Technologies Limited

Quick Links

Divgi TorqTransfer Systems IPO DRHP

Objectives of the IPO

  1. Funding capital expenditure requirements for developing an R&D facility and expansion / setting up of manufacturing facilities.
  2. Funding long-term working capital requirements.
  3. General corporate purposes.

Divgi TorqTransfer Systems IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: Divgi.ipo@linkintime.co.in
Websitehttps://linkintime.co.in/

Divgi TorqTransfer Systems IPO Lead Managers:

  • Equirus Capital Private Limited 
  • Inga Ventures Pvt Ltd

Company Address:

Divgi TorqTransfer Systems Limited
Plot No. 75,
General Block, MIDC
Bhosari, Pune 411026
Phone: +91 020 – 27302000
Email: sckadrolli@divgi-tts.com
Websitehttp://www.divgi-tts.com/

Also Read-

Divgi TorqTransfer Systems IPO Subscription (Live)

Divgi TorqTransfer Systems IPO Grey Market Premium

What is Divgi TorqTransfer Systems IPO Open Date for QIB, NII, and Retail?

Divgi TorqTransfer Systems IPO will open on 01 Mar 2023

Divgi TorqTransfer Systems IPO Size?

Divgi TorqTransfer Systems IPO size is Approx 200.00 Crores

Divgi TorqTransfer Systems IPO Price Band?

Divgi TorqTransfer Systems IPO Price Band is 560 to ₹590 per share

Divgi TorqTransfer Systems IPO Minimum Lot Size?

The minimum bid is 25 Shares with a 14,750.

What is Divgi TorqTransfer Systems IPO Allotment Date?

Divgi TorqTransfer Systems IPO allotment date is Mar 9 2023

The Divgi TorqTransfer Systems IPO IPO Listing Date?

Divgi TorqTransfer Systems IPO listing date is Mar 14 2023. The IPO is to list on BSE and NSE.

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