Divgi TorqTransfer IPO description – The company is amongst the few automotive component entities in India with the capability to develop and provide system-level transfer case, torque coupler and dual-clutch automatic transmission (DCT) solutions.
The company is 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. It is also the only player manufacturing and exporting transfer cases to global OEMs from India, and the only manufacturer of torque couplers in India.
It also has the capability to develop and provide transmission systems for electric vehicles (EVs). The company has been awarded a contract for the supply of EV transmission systems for one of the leading providers of EVs in India, and for supply of components for Hybrid Vehicles for a global OEM.
Divgi TorqTransfer manufactures and supplies a variety of products categories:
- Torque transfer systems including 4WD and AWD products
- Synchronizer systems for manual transmissions and DCT
- Components for the above-mentioned product categories for torque transfer systems and synchronizer systems in manual transmission, DCT, and EVs
The company has three manufacturing and assembling facilities located at Sirsi in Karnataka, and Shivare and Bhosari near Pune in Maharashtra.
Promoters of Divgi TorqTransfer – Jitendra Bhaskar Divgi, Hirendra Bhaskar Divgi and Divgi Holdings Private Limited
Divgi TorqTransfer IPO Details
| Divgi TorqTransfer IPO Dates | 1 – 3 March 2023 |
| Divgi TorqTransfer IPO Price | INR 560 – 590 per share |
| Fresh issue | INR 180 crore |
| Offer For Sale | 3,934,243 shares (INR 220.32 – 232.12 crore) |
| Total IPO size | INR 400.32 – 412.12 crore |
| Minimum bid (lot size) | 25 shares (INR 14,750) |
| Face Value | INR 5 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Divgi TorqTransfer Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 | H1 FY 2023 |
| Revenue | 159.1 | 186.6 | 233.8 | 133.7 |
| Expenses | 133 | 142.5 | 179.7 | 103.0 |
| Net income | 28 | 38 | 46.2 | 25.7 |
| Margin (%) | 17.6 | 20.4 | 19.8 | 19.2 |
Divgi TorqTransfer Valuations & Margins
| 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 |
Divgi TorqTransfer IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 13 Mar 2023 | 20 | – | – |
| 11 Mar 2023 | 22 | – | – |
| 10 Mar 2023 | 25 | – | – |
| 9 Mar 2023 | 30 | – | – |
| 8 Mar 2023 | 30 | – | – |
| 6 Mar 2023 | 40 | – | – |
| 4 Mar 2023 | 40 | – | – |
| 3 Mar 2023 | 50 | – | – |
| 2 Mar 2023 | 50 | – | – |
Divgi TorqTransfer IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 20,95,528 | 10,47,763 | 6,98,509 | 38,41,800 |
| 3 Mar 2023 | 7.83 | 1.40 | 4.31 | 5.44 |
| 2 Mar 2023 | 0.06 | 0.22 | 1.61 | 0.38 |
| 1 Mar 2023 | 0.00 | 0.06 | 0.60 | 0.12 |
Divgi TorqTransfer IPO Allotment Status
Divgi TorqTransfer IPO allotment is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Divgi TorqTransfer Offer News
- Divgi TorqTransfer RHP
- Divgi TorqTransfer DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Divgi TorqTransfer IPO Reviews – Subscribe or Avoid?
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Divgi TorqTransfer Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone:Â +022 49186200
Email:Â [email protected]
Website:Â www.linkintime.co.in
Divgi TorqTransfer Contact Details
DIVGI TORQTRANSFER SYSTEMS LIMITED
Plot No. 75, General Block, MIDC,
Bhosari, Pune 411026
Phone: +91 020 – 27302000
Email:Â [email protected]
Website: www.divgi-tts.com
Divgi TorqTransfer IPO Dates & Listing Performance
| Divgi TorqTransfer IPO Opening Date | 1 March 2023 |
| Divgi TorqTransfer IPO Closing Date | 3 March 2023 |
| Finalisation of Basis of Allotment | 9 March 2023 |
| Initiation of refunds | 10 March 2023 |
| Transfer of shares to demat accounts | 13 March 2023 |
| Divgi Torq IPO Listing Date | 14 March 2023 |
| Opening Price on NSE | INR 620 per share (up 5.08%) |
| Closing Price on NSE | INR 605.20 per share (up 2.58%) |
Divgi TorqTransfer IPO FAQs
How many shares in Divgi TorqTransfer IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in Divgi TorqTransfer Public Offer?
The best way to apply in Divgi TorqTransfer public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Divgi TorqTransfer IPO GMP today?
Divgi TorqTransfer IPO GMP today is INR 20 per share.
What is Divgi TorqTransfer kostak rate today?
Divgi TorqTransfer kostak rate today is NA per application.
What is Divgi Torq Subject to Sauda rate today?
Divgi Torq Subject to Sauda rate today is NA per application.
