IPO

Divgi TorqTransfer Systems Limited IPO

Mainboard

Auto Components & Equipments

Listed On: Mar 14, 2023 at ₹ 620.0(NSE)

₹ 14750 /25 Shares

Check Allotment

01 Mar, 2023

Open Date

03 Mar, 2023

Close Date

09 Mar, 2023

Allotment Date

14 Mar, 2023

Listing Date
Price Summary

Last Closing

583.05 (-1.18%)

52 Week High

700.00

52 Week Low

410.10

Last Update

19-Dec-2025 3:30 PM
Divgi TorqTransfer Systems IPO Issue Details
  • Issue Price 560-590 per equity share
  • Face Value ₹5 Per Equity Share
  • Issue Price Total 412 Cr Approx = Fresh Issue : 180 Cr + 3,934,243 shares OFS
  • Listing at BSE, NSE
  • List Price 620.0(NSE)
  • Listing Date 2023-03-14
  • Lead Manager Inga Ventures Pvt Ltd
    Equirus Capital Private Limited
  • Registrar Link Intime India Private Ltd
Divgi TorqTransfer Systems IPO Details
  • Retail Portion 10% (Number of Retail Applications : 27,940 Approx),
    (Number of sHNI Applications : 990 Approx),
    (Number of bHNI Applications : 1,990 Approx)
Divgi TorqTransfer Systems IPO Documents
DRHP
RHP
Divgi TorqTransfer Systems IPO Details


The IPO of Divgi TorqTransfer Systems is priced at ₹560-590 per equity share, which has a face value of ₹5 Per Equity Share each, IPO bidding starts from Mar 1, 2023 and ends on Mar 3, 2023. The allotment for Divgi TorqTransfer Systems IPO will be finalized on Mar 9, 2023. Divgi TorqTransfer Systems IPO will be listed on BSE, NSE, with a tentative listing date fixed as Mar 14, 2023. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Inga Ventures Pvt Ltd, Equirus Capital Private Limited.


The Divgi TorqTransfer Systems IPO sets its price band at 560-590 for each share. A single application for Divgi TorqTransfer Systems Limited IPO must contain at least 25 shares.

Read More
Divgi TorqTransfer Systems IPO Subscription Analysis And Details
Retail
4.31x
QIB
7.83x
NII
1.40x
bNII
0.89x
sNII
2.41x
Total
5.44x
As on QIB NII
bNII   sNII 		Retail Total
Shares Offered / Reserved 2,095,528 1,047,763
698,508    349,255 		698,509 3,841,800
Day 1 01-03-23 05:00 PM
0.00 x 0.06
0.04 x   0.09 x 		0.60 x 0.12 x
Day 2 02-03-23 05:00 PM
0.06 x 0.22
0.15 x   0.37 x 		1.56 x 0.38 x
Day 3 03-03-23 05:00 PM
7.83 x 1.40
0.89 x   2.41 x 		4.31 x 5.44 x
Divgi TorqTransfer Systems Valuations
Earnings Per Share (EPS) ₹16.76/-
P/E Ratio N/A
RoNW 13.57%
Net Asset Value (NAV) - As on 31.03.22 ₹123.50
Divgi TorqTransfer Systems Company Financials
In Crs.
In Cr.
31-Mar-22 31-Mar-21 31-Mar-20
Assets 405.37 362.88 303.70
Revenue 241.87 195.03 170.74
Profit After Tax 46.15 38.04 28.04
About Divgi TorqTransfer Systems Company

Divgi TorqTransfer Systems Limited 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 manufactures and supplies its products under a wide range which includes-

-Torque transfer systems (which includes four-wheel-drive ("4WD") and all-wheel-drive ("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.

Alongside, they have also developed

-Transmission systems for EVs;
-DCT systems;
-Rear wheel drive manual transmissions.

Read More
Divgi TorqTransfer Systems - Promoter(s)

Jitendra Bhaskar Divgi, Hirendra Bhaskar Divgi

Divgi Holdings Private Limited

Pre Issue Share Holding : 67.18%

Post Issue Share Holding : N/A%

Divgi TorqTransfer Systems IPO - Issue Objectives
1

Funding capital expenditure requirements for the purchase of equipment/machineries of our manufacturing facilities;

2

General corporate purposes.

Divgi TorqTransfer Systems IPO - Anchor Investors

Divgi Torqtransfer Systems raises Rs 185.45 crore via anchor book, ahead of IPO.

ICICI Prudential Mutual Fund, Nippon Life India, Quant Mutual Fund, Edelweiss Trusteeship, Motilal Oswal Mutual Fund, Aditya Birla Sun Life Insurance Company, Matthews Asia Funds, Aurigin Master Fund and Bengal Finance and Investment are the anchor investors in the company.