Diensten Tech Limited
Book Built Issue IPO · NSE
- Price band
- ₹95 - ₹100
- Lot size
- 1,200 shares
- Issue amount
- ₹22.08 cr
- Total subscription
- 54.01×
- Opens
- 26 Jun 2024
- Closes
- 28 Jun 2024
- Allotment
- 1 Jul 2024
- Listing
- 3 Jul 2024
Offer at a glance
Issue overview
- Issue size
- 22,08,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,14,000
- Fresh issue
- ₹22.08 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,20,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 60,52,646
- Shares after issue
- 82,60,646
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,20,000 |
| HNI | 2 | 2,400 | ₹2,40,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 4.2 | 40.33 |
| RETAIL | 7.34 | 263.42 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | -2.84 | 0.29 | 0.16 |
| ROE | -67.49 | 5.69 | 10.26 |
| ROCE | 0 | 0 | 0 |
| RONW | -67.77 | 3.78 | 1.04 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Diensten Tech Limited, formerly JKT Consulting Limited, was established in 2007 and specializes in IT professional resourcing, IT consulting, IT training, and software AMC services. The company provides a broad range of IT support and consulting solutions across industries such as IT, banking, automotive, telecommunications, healthcare, retail, and entertainment. Additionally, Diensten Tech offers corporate training programs covering technical and soft skills, ERP and business application training, disaster management, and CSR initiatives. By the end of 2023, the company had expanded its workforce to 458 employees, reinforcing its position as a key player in the IT services sector.
Strengths
- Wide Customer Base: Diensten Tech Limited serves multiple industries, providing stability and reducing risks from market changes.
- Nationwide Reach: With operations across India, the company can efficiently scale and serve clients throughout the country.
- Commitment to Quality: A strong focus on quality and customer satisfaction ensures reliable and high-standard services.
Risk factors
- Financial Challenges: The company reported losses for the nine months ending December 31, 2023, which may affect its stability and future growth.
- Legal Risks: Ongoing legal cases involving the company and its leadership could lead to negative consequences for business operations and financial health.
- Heavy Dependence on Key Clients: About 88% of revenue comes from the top ten customers, so losing any of them could significantly impact earnings and profitability.
Promoters
J. K. Traders Limited
Mr. Abhishek Singhania
Mr. Vipul Prakash
Ms. Tina Prakash
Registrar & documents
Lead manager
Corporate Professionals Capital Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
7 th Floor, A-2, L.S.C., Masjid Moth, Greater Kailash-II, New Delhi – 110048
011-40562187
[email protected]Company website ↗Understanding DTL 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.