IPO Premiums
IPO calendar
DTDIVGIITTSListed

Divgi TorqTransfer Systems Limited

Bookbuilding IPO · NSE, BSE

Price band
₹560 - ₹590
Lot size
25 shares
Issue amount
₹412.12 cr
Total subscription
5.44×
Current price₹944.1
Listing price ₹620
Watch live price ↗
Opens
1 Mar 2023
Closes
3 Mar 2023
Allotment
9 Mar 2023
Listing
14 Mar 2023

Offer at a glance

Issue overview

Issue size
—
Face value
₹5 per share
Minimum investment
₹14,000
Fresh issue
₹180 cr
Offer for sale
₹232.12 cr
Registrar
Link Intime India Private Limited
Listing exchange
NSE, BSE
Maximum investment
₹14,750
Issue type
Bookbuilding IPO
Shares before issue
2,75,32,080
Shares after issue
3,05,82,927

Lot sizes

CategoryLotsSharesAmount
RETAIL125₹14,750
sHNI14350₹2,06,500
bHNI681,700₹10,03,000

Share reservation

QIB75%
NII (HNI)15%
RETAIL10%

Subscription & GMP

Subscription by category

Total subscribed5.44×

Missing multiples are calculated from bids and offered shares when available.

QIB8.25×
NIB1.47×
HNIs(10L +)0.94×
HNIs (2-10L)2.54×
RETAIL4.54×

GMP history

04825 Mar: ₹812 Nov: ₹8
25 Mar₹812 Nov

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
QIBs117.35968.55
RETAIL39.12177.49
NIB58.6786.31
HNIs 2+19.5649.58
HNIs 10+39.1236.73

Financial performance

Company financials

In Crores · Reported periods may include interim results.

Revenue & profit In Crores
0100200300Sep 2022 · Revenue: 137.55Sep 2022 · Profit after tax: 25.66Sep 2022Mar 2022 · Revenue: 241.87Mar 2022 · Profit after tax: 46.15Mar 2022Mar 2021 · Revenue: 195.03Mar 2021 · Profit after tax: 38.04Mar 2021Mar 2020 · Revenue: 170.74Mar 2020 · Profit after tax: 28.04Mar 2020
RevenueProfit after tax

Company information

Company profile

Incorporated in 1964, Divgi TorqTransfer Systems Limited is a leading automotive component manufacturer in India, specializing in system-level transfer cases, torque couplers, and dual-clutch automatic transmission (DCT) solutions. The company is one of the largest suppliers of transfer case systems to passenger vehicle OEMs in India and the only Indian manufacturer exporting transfer cases to global OEMs. Its product portfolio includes torque transfer systems (4WD and AWD), synchronizer systems for manual and DCT transmissions, and components for these systems, including EV applications. Additionally, Divgi has developed advanced solutions such as transmission systems for EVs, DCT systems, and rear-wheel-drive manual transmissions, positioning itself as a comprehensive systems-level solution provider and component supplier to both domestic and international automotive manufacturers

Promoters

Jitendra Bhaskar Divgi

Hirendra Bhaskar Divgi

Divgi Holdings Private Limited

Registrar & documents

Lead manager

Inga Ventures Private Limited, Equirus Capital Private Limited

Registered office

Plot No. 75, General Block, MIDC Bhosari, Pune 411026

+91 020 – 27302000

[email protected]Company website ↗

Understanding DIVGIITTS IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.