IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Detail
IPO Information
Financial
Financial Report
Peer Comparison
Performance
Performance Report
Divgi TorqTransfer Systems IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 412.12 Cr. The company is based in Pune and caters to Electric Equipments - OEM sector. Equirus Capital , Inga Ventures are the merchant bankers of Divgi TorqTransfer Systems IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st September 2022.
Divgi TorqTransfer Systems IPO open date is 1st March 2023 and close date is 3rd March 2023. IPO Allotment Date is 9th March 2023 and Listing date is 14th March 2023.
IPO
Size:
₹ 412.12 Cr.
Avg IPO Size (Sector Based)
: ₹
509.46 cr.
Sector: Electric Equipments - OEM
IPO so far:
4
Merchant Banker:
Equirus Capital
IPO by BRLM so far:
27
City:
Pune
IPO so far:
19
Revenue (annualised):
₹
275.10
cr. 
PE
Ratio:
35.16x
Average Sector PE Ratio: 39.08x
Divgi TorqTransfer Systems IPO size is ₹ 412.12 Cr. with IPO price of ₹ 590.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Equirus Capital Private Limited is the book-running lead manager of the Divgi TorqTransfer Systems IPO. Link Intime India Private Limited is the Registrar for Divgi TorqTransfer Systems IPO.
Divgi TorqTransfer Systems IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Divgi TorqTransfer Systems IPO, based in Pune, operates in the Electric Equipments - OEM sector with a focus on largest players in system-level transfer case systems to OEMs.. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Divgi TorqTransfer Systems IPO size is ₹ 412.12 Cr. with fresh issue size of ₹ 412.12 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Divgi TorqTransfer Systems IPO is expected to be 9th March 2023, after the finalization of basis of allotment. Investors can check Divgi TorqTransfer Systems IPO allotment status on the registrars website, Link Intime India Private Limited . Divgi TorqTransfer Systems IPO refund dates are 10th March 2023.
Divgi TorqTransfer Systems IPO is expected to be listed on 14th March 2023.
The upper price band for the Divgi TorqTransfer Systems IPO is set at ₹ 590.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Divgi TorqTransfer Systems IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Divgi TorqTransfer Systems IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd March 2023. After submission, funds are blocked until the basis of allotment of Divgi TorqTransfer Systems IPO is finalised.
The merchant banker for Divgi TorqTransfer Systems IPO is Equirus Capital Private Limited , Inga Ventures Private Limited . Equirus Capital Private Limited , Inga Ventures Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Divgi TorqTransfer Systems IPO RHP for further details.
The registrar for Divgi TorqTransfer Systems IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Divgi TorqTransfer Systems IPO through their official website or helpline.
Divgi TorqTransfer Systems IPO was subscribed 5.44 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 412.12 Cr.
Avg IPO Size (Sector Based)
:
₹ 509.46 Cr.
Sector: Electric Equipments - OEM
IPO so far:
4
Merchant Banker:
Equirus Capital
IPO by BRLM so far:
27
City:
Pune
IPO so far:
19
Revenue (annualised):
₹ 267.40 cr.
PE
Ratio:
35.16x
Average Sector PE Ratio: 39.08x
Divgi TorqTransfer Systems IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Divgi TorqTransfer Systems Financial Review Page
Merchant Banker(s) of Divgi TorqTransfer Systems IPO: Equirus Capital Private Limited , Inga Ventures Private Limited
Divgi TorqTransfer Systems IPO subscription was 5.44 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Divgi TorqTransfer Systems IPO listed at a listing price of 604.00 against the offer price of 590.00.
The current market price of Divgi TorqTransfer Systems is 603.25.
Why Us?
