IPO

Diensten Tech Limited IPO

NSE SME

Listed On: Jul 3, 2024 at ₹ 240.0

₹ 240000 /2400 Shares
*Min Investment

Check Allotment

26 Jun, 2024

Open Date

28 Jun, 2024

Close Date

01 Jul, 2024

Allotment Date

03 Jul, 2024

Listing Date
Diensten Tech Limited IPO Issue Details
  • Issue Price ₹95-100 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 22,08,000 shares(aggregating up to ₹22.08 crore)
  • Fresh Share 22,08,000 shares(aggregating up to ₹22.08 crore)
  • Listing at NSE SME
  • List Price 240.0
  • Listing Date 2024-07-03
  • Lead Manager Corporate Professionals Capital Private Ltd
  • Registrar Kfin Technologies Limited
Market Lot Size

Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)11200₹1,20,000
Retail(max)11200₹1,20,000
NII (min) 22,400₹2,40,000
Diensten Tech Limited IPO Reservation

Diensten Tech Limited IPO offers total 2,208,000 shares. Out of which 420,000 (19.02%) allocated to QIB, 315,600 (14.29%) allocated to NII,734,400 (33.26%) allocated to RII, NA (NA%) allocated to employees and 627,600 (28.42%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered627,600 (28.42%)
Market Maker Shares Offered110,400 (5%)
QIB Shares Offered420,000 (19.02%)
NII (HNI) Shares Offered315,600 (14.29%)
Retail Shares Offered734,400 (33.26%)
Total Shares Offered2,208,000 (100%)
Diensten Tech Limited IPO Documents
DRHP
RHP
Diensten Tech Limited IPO Details


Diensten Tech Limited IPO is an SME IPO, priced at ₹95-100 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 22,08,000 equity shares, aggregating up to ₹22.08 crores..

The IPO bidding window is open from Jun 26, 2024 to Jun 28, 2024. The allotment is expected to be finalized on Jul 1, 2024, and the tentative listing date is Jul 3, 2024.

The minimum lot size for Retail investors is 1200 shares, with a minimum investment of ₹1,20,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,40,000.

Corporate Professionals Capital Private Ltd is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and Share India Securities Limited will act as the market maker for this issue.

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Diensten Tech Limited IPO Subscription Analysis And Details
Retail
35.87x
Total
53.94x
As onQIB / NIIRetailTotal
Shares Offered / Reserved420,000 / 315,600734,4001,470,000
Day 1 26-06-24 06:00 PM
0.00 / 1.54 x1.48 x1.07 x
Day 2 27-06-24 06:00 PM
0.00 / 6.08 x4.80 x3.71 x
Day 3 28-06-24 06:00 PM
9.60 / 154.99 x35.87 x53.94 x
Total No of Applications
21,952
Diensten Tech Limited Valuations
EPS Pre IPO ₹0.29/-
EPS Post IPO ₹/-
P/E Pre IPO 344.83
ROE -67.50%
ROCE -20.74%
Debt/Equity 7.29
RoNW -67.77%
Diensten Tech Limited Company Financials
In Lakhs
In Lakh
31-Mar-2331-Mar-2231-Mar-21
Assets1,504.81203.66370.24
Revenue3,760.3176.53525.06
Profit After Tax16.061.45117.07
About Diensten Tech Limited Company

Diensten Tech Limited was formerly JKT Consulting Limited. It is an information technology (IT) professional resourcing, IT consulting, IT training, and software AMC services firm founded in 2007. The company provides the following services:

The services offered by the company include:
IT Support and consulting services are provided under this model with comprehensive IT professional resourcing, IT consulting, and software AMC services in information technology, banking, finance, automotive and engineering, telecommunication, healthcare, retail, and entertainment.

Corporate training services: Here, the company provides technical as well as soft skills-based training services. These comprise ERP and business application training, behavioral training, induction/onboarding training, domain-specific training, training and deployment, CSR implementation programs, disaster and safety management training, learning solutions, and educational tourism.

As of December 31, 2023, the Company had 458 employees.

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Diensten Tech Limited - Promoter(s)

J. K. Traders Limited

Mr. Abhishek Singhania

Mr. Vipul Prakash

Ms. Tina Prakash

Pre Issue Share Holding : 95.50%

Post Issue Share Holding : 69.97%

Diensten Tech Limited IPO - Issue Objectives
1

Payment of liability raised against outstanding payment of consideration for Professional Services and Training Division business acquired from J K Technosoft Limited, vide Business Transfer Agreement Dated April 30, 2022.

2

To meet the Working Capital requirements of the Company

3

To meet out the General Corporate Purposes

4

To meet out the Issue Expenses.

Diensten Tech Limited IPO - Peers Comparison
Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
Diensten Tech Limited0.29N/A7.02N/A3.7814.25N/A
Ani Integrated Services Limited2.55N/A48.4459.965.263.16N/A
Integrated Personnel Services Ltd5.71N/A39.0328.0111.924.1N/A

Notes:

  1. Industry Peer may be modified for finalization of Issue Price before filing Draft Red Herring Prospectus with ROC.
  2. CMP is taken as of June 18, 2024.
Contact Details

Diensten Tech Limited

7 th Floor, A-2, L.S.C., Masjid Moth, Greater Kailash-II, New Delhi – 110048

011-40562187

cs@jkdtl.com

http://www.dienstentech.com/

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

dtl.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/