247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Divgi TorqTransfer Systems Limited IPO (Divgi TorqTransfer Systems IPO) Details

Divgi TorqTransfer Systems Limited is an Electric Equipments - OEM based company, located in Pune, Divgi TorqTransfer Systems Limited IPO size was 412.12 Cr. and was issued at 590.00 per share. The share of Divgi TorqTransfer Systems Limited were listed at 604.00 per share and are currently trading at 602.40 per share.

Type :
Sub Sector : Largest Players In System-level Transfer Case Systems To OEMs.
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
275.10 Cr.

PAT :
51.32 Cr.

Pricing Report

Issue Price :
590.00

Listing Price :
604.00

Current Market Price :
602.40

Issue Price vs CMP :
12.4 (2.10%)

listing Price vs CMP :
1.6 (0.26%)

Performance Report (CAGR* wise)

CAGR : 1.12
-ve 0 6 9 12+
Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Divgi TorqTransfer Systems

Company Information
Divgi TorqTransfer Systems Limited The company is among the few automotive component entities in India with the capability to develop and provide system-level transfer cases, torque couplers, and dual-clutch automatic transmission (DCT) solutions. It is a leading player in supplying transfer case systems to automotive OEMs in India and the largest supplier to passenger vehicle manufacturers in the country. The company is also the only manufacturer in India that exports transfer cases to global OEMs and the sole manufacturer of torque couplers in India. Furthermore, the company has the capability to develop transmission systems for electric vehicles (EVs) and is in the process of designing prototypes for EV transmission systems after securing a business award for this purpose. It has been awarded contracts for the
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Object of Issue
  • Funding capital expenditure requirements for the purchase of equipment/machineries of their manufacturing facilities
  • General Corporate Purposes

Divgi TorqTransfer Systems MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Mar, 2023
IPO Size :
412.12 Cr.
Market Cap :
1804.39 Cr.   
IPO Subscription :
5.44 X     
PE Multiple :
35.16
Merchant Banker :
Equirus Capital Private Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

Divgi TorqTransfer Systems operates in Electric Equipments - OEM and Largest Players In System-level Transfer Case Systems To OEMs.. The Issue is listed on MainBoard in Mar, 2023. Divgi TorqTransfer Systems IPO size was 412.12 Cr. with Issue price of 590.00 .

Merchant Banker(s) of Divgi TorqTransfer Systems IPO: Equirus Capital Private Limited , Inga Ventures Private Limited

Divgi TorqTransfer Systems IPO subscription was 5.44 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Divgi TorqTransfer Systems IPO listed at a listing price of 604.00 against the offer price of 590.00.

The current market price of Divgi TorqTransfer Systems is 602.40.

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