Subscription Details
The details about the Divgi Torqtransfer Systems Ltd. IPO is as:
- The issue size of the IPO is 412.20 Cr.
- The price band for Divgi Torqtransfer Systems Ltd. IPO is Rs 560 to Rs 590.
- The shares of Divgi Torqtransfer Systems Ltd. IPO will list on 14th March 2023.
- The latest tentative GMP of Divgi Torqtransfer Systems Ltd. IPO is Rs 45.
- The shares of Divgi Torqtransfer Systems Ltd. IPO is subscribed 5.44 Times as of 3rd March 2023.
Divgi Torqtransfer Systems Ltd. IPO Valuation
The approx valuation of Divgi Torqtransfer Systems Ltd. IPO company based on its price band and DRHP (prospectus) is:
Particulars |
Value |
Upper Price Band |
Rs 590 |
Existing Shares (Qty) |
2.75 Cr |
Fresh Issue |
180 Cr |
Market Cap |
1802.5 Cr |
EPS (FY22) |
Rs 16.76 |
PE Ratio |
35.20x |
Industry PE |
65.78x |
Divgi Torqtransfer Systems Ltd. IPO Issue Size
Divgi Torqtransfer Systems Ltd. IPO issue size is 412.12 Cr.
Issue |
Amount |
Fresh Issue |
180 Cr |
Offer For Sale |
232.12 Cr |
Divgi Torqtransfer Systems Ltd. IPO Market Lot
An Individual can apply for a minimum 1 lot of 25 shares and a maximum of 13 lots of 325 shares. Find the details below:
Application |
Lot |
Shares |
Amount |
Minimum |
1 |
25 |
Rs 14,750 |
Maximum |
13 |
325 |
Rs 1,91,750 |
Divgi Torqtransfer Systems Ltd. IPO share offer
The shares of Divgi Torqtransfer Systems Ltd. IPO is subscribed 5.44 Times as of 3rd March 2023. The category-wise shares subscribed are as follows:
Category |
% Offered |
Subscription |
Qualified Institutional |
Minimum 75% |
7.83 Times |
Non-Institutional |
Maximum 15% |
1.40 Times |
Retail Individual |
Maximum 10% |
4.31 Times |
Total |
|
5.44 Times |
Divgi Torqtransfer Systems Ltd. IPO Grey Market Premium
As on |
GMP (Tentative) |
6 March 2023 |
Rs 70 |
7 March 2023 |
Rs 70 |
8 March 2023 |
Rs 70 |
9 March 2023 |
Rs 70 |
10 March 2023 |
Rs 45 |
13 March 2023 |
Rs 45 |
Divgi Torqtransfer Systems Ltd. IPO GMP is purely for informational purposes and invest in an IPO after thoroughly researching on your own.
Allotment Details
Find below the dates for Divgi Torqtransfer Systems Ltd. IPO:
Schedule |
Date |
Basis of Allotment |
9 March 2023 |
Refunds |
10 March 2023 |
Credit to Demat Account |
13 March 2023 |
IPO Listing Date |
14 March 2023 |
Check allotment status