Diensten Tech Limited IPO

Diensten Tech Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹95–₹100 per share. The stock debuted at ₹240, delivering a listing gain of 140.0%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,20,000.

Diensten Tech Limited IPO

NSE SME Listed
₹1,20,000 (1200 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jun 26, 2024 – Jun 28, 2024
Price band
₹95-100 per equity share
Minimum Investment
₹1,20,000
Issue size
₹22.08 Cr
Lot size
1200
Allotment Date
Jul 1, 2024
Listing
Jul 3, 2024
Listing At
NSE SME

IPO timeline

  1. Jun 26, 2024

    Open Date

    Completed

  2. Jun 28, 2024

    Close Date

    Completed

  3. Jul 1, 2024

    Allotment Date

    Completed

  4. Jul 3, 2024

    Listing Date

    Completed

Diensten Tech Limited IPO Essentials

Diensten Tech Limited IPO Details

Diensten Tech Limited IPO is priced at ₹95-100 per share with a total issue size of 22.08 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.

Issue price
₹95-100 per equity share
Lot size
1200 shares
Face value
₹10 Per Equity Share
Issue size
2,208,000 shares(aggregating up to ₹22.08 Cr)
Total issue size
22,08,000 shares
(aggregating up to ₹22.08 crore)
Fresh issue
22,08,000 shares
(aggregating up to ₹22.08 crore)
Listing at
NSE SME
List price
240.0
Listing date
Registrar
Kfin Technologies Limited
Lead manager
Corporate Professionals Capital Private Ltd

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.

Application Lots Shares Amount
Retail (min) 1 1200 ₹1,20,000
Retail(max) 1 1200 ₹1,20,000
NII (min) 2 2,400 ₹2,40,000

Diensten Tech Limited IPO Documents

Diensten Tech Limited IPO Reservation

Diensten Tech Limited IPO reservation details show category-wise allocation of shares. Out of the total 2,208,000 shares, approximately 19.02% are reserved for QIB, 14.29% for NII, 33.26% for retail investors, 5% for market maker, and 28.42% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 627,600 (28.42%)
Market Maker Shares Offered 110,400 (5%)
QIB Shares Offered 420,000 (19.02%)
NII (HNI) Shares Offered 315,600 (14.29%)
Retail Shares Offered 734,400 (33.26%)
Total Shares Offered 2,208,000 (100%)

Diensten Tech Limited IPO Analytics

Diensten Tech Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Diensten Tech Limited IPO Subscription Status

Diensten Tech Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 420,000 / 315,600 734,400 1,470,000
Day 1 26-06-24 06:00 PM
(0.00 / 1.54) x 1.48 x 1.07 x
Day 2 27-06-24 06:00 PM
(0.00 / 6.08) x 4.80 x 3.71 x
Day 3 28-06-24 06:00 PM
(9.60 / 154.99) x 35.87 x 53.94 x

Diensten Tech Limited Valuations

Earnings

EPS Pre IPO
₹0.29/-
P/E Pre IPO
344.83

Returns

ROE
-67.50%
ROCE
-20.74%
RoNW
-67.77%

Fundamentals

Debt / Equity
7.29

Data sourced from DRHP / RHP • For educational purposes only

Diensten Tech Limited Financials( In Lakhs)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 1,504.81 203.66 370.24
Revenue 3,760.31 76.53 525.06
Profit After Tax 16.06 1.45 117.07

Diensten Tech Limited Company & Offer Insights

About Diensten Tech Limited

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.

Diensten Tech Limited Promoter(s)

J. K. Traders Limited, Mr. Abhishek Singhania, Mr. Vipul Prakash, Ms. Tina Prakash are the company's promoters of Diensten Tech Limited.

Diensten Tech Limited IPO Issue Objectives

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.
To meet the Working Capital requirements of the Company
To meet out the General Corporate Purposes
To meet out the Issue Expenses.

Diensten Tech Limited IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Diensten Tech Limited 0.29 N/A 7.02 N/A 3.78 14.25 N/A
Ani Integrated Services Limited 2.55 N/A 48.44 59.96 5.26 3.16 N/A
Integrated Personnel Services Ltd 5.71 N/A 39.03 28.01 11.92 4.1 N/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 Information

Contact Details

Diensten Tech Limited

011-40562187

cs@jkdtl.com

http://www.dienstentech.com/

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

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

dtl.ipo@kfintech.com

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

Frequently Asked Questions

Click any question to reveal the answer

Diensten Tech Limited IPO is a book-built IPO worth ₹22.08 crore. The price band is ₹95–₹100 per share. The IPO opens on Jun 26, 2024 and closes on Jun 28, 2024. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.

The price band of Diensten Tech Limited IPO is ₹95 to ₹100 per share.

The lot size of Diensten Tech Limited IPO is 1200 shares.

The minimum investment for Diensten Tech Limited IPO is approximately ₹1,20,000 based on the upper price band .

Diensten Tech Limited IPO opens on Jun 26, 2024 and closes on Jun 28, 2024.

The allotment date of Diensten Tech Limited IPO is Jul 1, 2024.

Diensten Tech Limited IPO is expected to be listed on Jul 3, 2024, on NSE SME Platform.

Diensten Tech Limited IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B N/A, RoNW -67.77%, and market cap N/A.

To apply for Diensten Tech Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Diensten Tech Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Diensten Tech Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Diensten Tech Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Diensten Tech Limited IPO allotment status on IPO Ji for quick and easy access.