Divgi TorqTransfer Systems Limited Incorporated in 1964, Company is engaged in the business as an automotive component entity. They are among the very few automotive component entities in India with the capability to develop and provide system-level transfer cases, torque couplers, and dual-clutch automatic transmission solutions.
Divgi TorqTransfer 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. Not only thi are 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 Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 01 March 2023 |
| IPO Close Date | 03 March 2023 |
| Allotment Date | 09 March 2023 |
| IPO Listing Date | 14 March 2023 |
Divgi TorqTransfer Systems Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 5 Per Equity Share |
| IPO Price | Rs. 560 to Rs. 590 Per Equity Share |
| Market Lot | 25 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 412 Crore. |
Divgi TorqTransfer Systems Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 25 | Rs. 14750 |
| Maximum | 13 | 325 | Rs. 191750 |
| Small HNI (Minimum) | 14 | 350 | Rs. 206500 |
| Big HNI (Minimum) | 68 | 1700 | Rs. 1003000 |
Divgi TorqTransfer Systems Limited IPO Details Allotment Status
Click Here To Check IPO Allotment Status Divgi TorqTransfer Systems Limited IPO
Click Here To Get ASBA Forms Divgi TorqTransfer Systems Limited IPO
Company Financials:
| Particular | 31 March 2022 | 31 March 2021 | 31 March 2020 |
| Total Assets | 405.37 | 362.88 | 303.70 |
| Total Revenue | 241.87 | 195.03 | 170.74 |
| Profit After Tax | 46.15 | 38.04 | 28.04 |
Company Promoters:
Jitendra Bhaskar Divgi, Hirendra Bhaskar Divgi and Divgi Holdings Private Limited are the promoters of the company.
Purpose of the Issue
- Funding capital expenditure requirements for the purchase of equipment/machineries of our manufacturing facilities;
- General corporate purposes.
