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Divgi TorqTransfer Systems IPO

₹605.20

+2.58% on listing

Listing-day close · NSE · 14 Mar 2023 · issue price ₹590

Divgi TorqTransfer Systems’ ₹412 crore IPO was priced at ₹590 a share. It listed on the NSE on 14 Mar 2023 and closed its first day at ₹605.20, up 2.58% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹412 Cr
Fresh issue
₹180 Cr
Offer for sale
₹232 Cr
Lot size
25 shares
Minimum investment
₹14,750
Face value
₹5
Registrar
MUFG Intime India

Subscription

Divgi TorqTransfer Systems IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—3.44×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,804 Cr
ROE
14.52%
ROCE
29.47%
Debt to equity
0.00
EBITDA margin
28.07%
PAT margin
19.08%
Promoter holding
67.18% → 60.48%

From the offer documents.

Listing

Listing date
14 Mar 2023
Issue price
₹590
Open
₹620.00
High
₹620.00
Low
₹560.00
Close
₹605.20

Listing day on the NSE. The close was +2.58% on the issue price.

DIVGIITTS share price today

FAQs

When did the Divgi TorqTransfer Systems IPO open and close?

It opened on 1 Mar 2023 and closed on 3 Mar 2023.

What was the Divgi TorqTransfer Systems IPO price?

The price band was ₹560–590 a share. The final issue price was ₹590.

What is the lot size and minimum investment?

One lot is 25 shares, ₹14,750 at ₹590 a share. Retail investors apply in whole lots.

How much did Divgi TorqTransfer Systems raise?

₹412 crore: ₹180 crore of new shares and ₹232 crore offered by existing shareholders.

How many times was the Divgi TorqTransfer Systems IPO subscribed?

3.44 times overall.

How did Divgi TorqTransfer Systems list?

It listed on the NSE on 14 Mar 2023 at ₹620.00 and closed the day at ₹605.20, up 2.58% on the ₹590 issue price.

Who is the registrar of the Divgi TorqTransfer Systems IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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