The Divgi TorqTransfer Systems IPO subscription status has started on March 1, 2023, and it is also being subscribed by QIB, NII, and RII. The Divgi TorqTransfer Systems IPO began on March 1, 2023 and will end on March 3, 2023. It will be fully subscribed by March 3, 2023.
Divgi TorqTransfer Systems IPO is preparing to raise ₹412.12 crores through its fresh issue and offer for sale, in which the fresh issue is ₹180.00 crores and the offer for sale is ₹212.12 crores, and the Divgi TorqTransfer Systems IPO price band is fixed ₹560 to ₹590 per share. Check out Divgi TorqTransfer Systems’ IPO GMP here.
Divgi TorqTransfer Systems Limited is an one of the leading players supplying transfer case systems to automotive OEMs in India and the largest supplier of transfer case systems to passenger vehicle manufacturers in India The company also the only player manufacturing and exporting transfer cases to global OEMs from India, and the only manufacturer of torque couplers in India.
Divgi TorqTransfer Systems IPO reserved shares in this IPO, 75% for QIB and 15% for NII, and 10% for the retail category have been reserved. To know the Divgi TorqTransfer Systems IPO Subscription Status, you can see the below-day Subscription. Check Divgi Torqtransfer Allotment status here.
Divgi TorqTransfer Systems IPO Review :
| Details | Valuation |
| PAT 2022 : Issue Price : EPS 2022 : PE Ratio : RoNW : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹46.15 Cr (March 2022) ₹590/ EQ (Cut Off) ₹16.76 (March 2022) 35.20x (PE Approx) 13.57% (March 2022) ₹123.50 (March 2022) ₹430.21 Cr (Sep 2022) ₹1804.39 Cr 67.18% -% |
| Team Review : | ✔ Apply For Long Term |
Divgi TorqTransfer Systems IPO Subscription Status {Live Update} :
The total Divgi TorqTransfer Systems IPO Subscription Status subscribed 5.44x times so far, with QIB subscribed 7.83x and NII subscribed 1.40x times & RII 4.31x times and EMP 0.0x times on Day 3. {Update Time : 03 Mar 2023 05:00 Pm}
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.0x | 0.06x | 7.83x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 0.06x ______ 0.04x 0.09x | 0.22x ______ 0.15x 0.37x | 1.40x ______ 0.89x 2.41x |
| RII : | 0.60x | 1.56x | 4.31x |
| EMP : | 0.0x | 0.0x | 0.0x |
| Total : | 0.12x | 0.38x | 5.44x |
Divgi TorqTransfer Systems IPO Net Shares Offered:
Divgi TorqTransfer Systems IPO is a public issue of 38,41,800 equity shares. The issue offers 20,95,928 shares to qualified institutional buyers, 10,47,763 shares to non-institutional investors, and 6,98,509 shares to retail investors.
| Category | Net EQ Offer | Amount(in Cr) |
| QIB : | 20,95,528 | ₹123.64 Cr |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 10,47,763 ______________ 6,98,508 3,49,255 | ₹61.82 Cr _______ ₹41.21 Cr ₹20.61 Cr |
| RII : | 6,98,509 | ₹41.21 Cr |
| Total : | 38,41,800 | ₹226.67 Cr |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Divgi TorqTransfer Systems IPO Date, Price & Details :
| Issue Type : | Book Building Issue |
| IPO Open : | 01 March 2023 |
| IPO Close : | 03 March 2023 |
| IPO Size : | ₹412.12 Cr {69,85,090 Share} |
| Face Value : | ₹5. Equity Share |
| Price Band : | ₹560 – ₹590 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹412.12 Cr {69,85,090 Share} |
| Fresh Issue : | ₹180.00 Cr {30,50,847 Share} |
| Offer For Sale : | ₹212.12 Cr {39,34,243 Share} |
Divgi TorqTransfer Systems IPO Subscription Status FAQs :
How much was the total Divgi TorqTransfer Systems IPO Subscription Status?
The total Divgi TorqTransfer Systems IPO Subscription Status 5.44x times Day 3.
What is the Divgi TorqTransfer Systems IPO retail subscription Status?
Divgi TorqTransfer Systems IPO Retail Subscription 4.31x times Day 3.
How much is the Divgi TorqTransfer Systems IPO QIB subscription Status?
The Divgi TorqTransfer Systems IPO QIB subscription 7.83x times Day 3.
How much did Divgi TorqTransfer Systems IPO NII subscribe?
Divgi TorqTransfer Systems IPO NII Subscription 1.40x times Day 3.
What is Divgi TorqTransfer Systems IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.
When is Divgi TorqTransfer Systems IPO Allotment Date?
Divgi TorqTransfer Systems IPO allotment date is 09 March 2023.
What is Divgi TorqTransfer Systems IPO Listing Date?
Divgi TorqTransfer Systems IPO listing date is 14 March 2023. The IPO to list on NSE, BSE.
How to Apply the Divgi TorqTransfer Systems IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Divgi TorqTransfer Systems IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Divgi TorqTransfer Systems IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Divgi TorqTransfer Systems IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Divgi TorqTransfer Systems IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Divgi TorqTransfer Systems IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Divgi TorqTransfer Systems IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Divgi TorqTransfer Systems IPO”.
| Divgi TorqTransfer Systems IPO GMP: Click Here Divgi TorqTransfer Systems IPO Details: Click Here Divgi TorqTransfer Systems IPO Allotment: Click Here Divgi TorqTransfer Systems IPO Listing: Click Here |
All Divgi TorqTransfer Systems IPO-related links are available here. If you want to know the details then click on Click Here Link.
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