Divgi TorqTransfer Systems IPO Review
Divgi TorqTransfer Systems IPO Overview
Divgi TorqTransfer Systems Limited, a company founded in 1964, operates as a supplier of automotive parts. They are one of the very few Indian companies that can design and offer torque couplers, dual-clutch automatic transmission solutions, and system-level transfer cases.
One of the top companies in India that supplies transfer case systems to automotive OEMs is Divgi TorqTransfer, which is also the country’s biggest provider of transfer case systems to manufacturers of passenger cars. Not only that, but they are the only company in India that produces and exports transfer cases to international OEMs. They are also the only company that makes torque couplers.
Divgi TorqTransfer Systems Limited produces and distributes a variety of goods, including:
All-wheel-drive (“AWD”) and four-wheel-drive (“4WD”) products are examples of torque transfer systems.
DCT and manual transmission synchronizer systems;
components for the aforementioned product categories of EVs, DCTs, and torque transfer systems and synchronizer systems.
Also, they have grown side by side. DCT systems, manual rear-wheel drive transmissions, and EV transmission systems.
Divgi TorqTransfer Systems IPO Details
IPO Date | Mar 1, 2023 to Mar 3, 2023 |
Listing Date | BSE SME |
Face Value | ₹5 per share |
Price | ₹560 to ₹590 per share |
Lot Size | 25 Shares |
Issue Size | [.] shares of ₹5 (aggregating up to ₹412.12 Cr) |
Fresh Issue | [.] shares of ₹5 (aggregating up to ₹180.00 Cr) |
Offer for Sale | 3,934,243 shares of ₹5 (aggregating up to ₹[.] Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
QIB Shares Offered | Not less than 75% of the Offer |
NII (HNI) Shares Offered | Not more than 15% of the Offer |
Retail Shares Offered | Not more than 10% of the Offer |
Company Promoters | Jitendra Bhaskar Divgi, Hirendra Bhaskar Divgi and Divgi Holdings Private Limited are the promoters of the company. |
Divgi TorqTransfer Systems IPO Financial Performance
Period Ended | Total Assets | Total Revenue |
31-Mar-20 | 303.70 | 170.74 |
31-Mar-21 | 362.88 | 195.03 |
31-Mar-22 | 405.37 | 241.87 |
Amount in ₹ Crore | ||
Profit After Tax | Net Worth | Total Borrowing |
28.04 | 209.53 | 50.41 |
38.04 | 295.88 | 0.26 |
46.15 | 340.02 | 0.12 |
Amount in ₹ Crore | ||
Divgi TorqTransfer Systems IPO Key Ratios
FY 2020 | FY 2021 | FY 2022 | |
EPS | 10.18 | 13.82 | 16.76 |
PE ratio | – | – | 33.41 – 35.20 |
RONW (%) | 13.38 | 12.86 | 13.57 |
NAV | – | – | 123.50 |
ROCE (%) | 16.2 | 17.8 | 18.3 |
EBITDA (%) | 23.22 | 27.82 | 28.07 |
Debt/Equity | 0.24 | 0.00 | 0.00 |
Listing Performance of Divgi TorqTransfer Systems IPO
Listed On : BSE NSE
Issue Price : ₹560 to ₹590 per share
Listing Day Close : NA
Listing Day Gain : NA
Divgi TorqTransfer Systems IPO ISIN Number Code
NSE : NA
ISIN CODE : INE753U01022
BSE : NA
Divgi TorqTransfer Systems IPO Allotment Status
Divgi TorqTransfer Systems IPO Important Dates
Opening Date | Mar 1, 2023 |
Closing Date | Mar 3, 2023 |
Basis of Allotment | Mar 9, 2023 |
Initiation of Refunds | Mar 10, 2023 |
Credit of Shares to Demat | Mar 13, 2023 |
Listing Date | Mar 14, 2023 |
Divgi TorqTransfer Systems IPO Contact Details
Plot No. 75,
General Block, MIDC
Bhosari, Pune 411026
Phone: +91 020 – 27302000
Email: sckadrolli@divgi-tts.com
Website: http://www.divgi-tts.com/
Divgi TorqTransfer Systems IPO Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: Divgi.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Divgi TorqTransfer Systems IPO FAQ's
The Divgi TorqTransfer Systems IPO is a BSE NSE IPO of ₹560 to ₹590 per share with a face value of 10 per equity share.
The issue size is priced at [.] shares of ₹5 (aggregating up to ₹200.00 Cr).
The fresh issue size priced at 3,146,802 shares of ₹5 (aggregating up to ₹[.] Cr).
The registrar for the IPO is Link Intime India Private Ltd.
The Divgi TorqTransfer Systems IPO begins on March 1, 2023 and ends on March 3, 2023.
Divgi TorqTransfer Systems IPO Market lot size is 25 Shares.
The finalisation of Basis of Allotment for Divgi TorqTransfer Systems IPO will be done on March 9, 2023 and the allotted shares will be credited to your demat account by March 13, 2023. Check the Divgi TorqTransfer Systems IPO status.
The Divgi TorqTransfer Systems IPO listing date is on Mar 14, 2023.
Divgi TorqTransfer Systems IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Divgi TorqTransfer Systems IPO Comments
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