Divgi TorqTransfer IPO Subscription Status – Final Data

Divgi TorqTransfer Systems IPO

Divgi TorqTransfer IPO subscription status started on Wednesday March 1, 2023 and will close on March 3, 2023. Divgi TorqTransfer IPO to raise around ₹412 crores via IPO. The retail quota is 10%, QIB is 75%, and NII is 15%. The price band is fixed at ₹560 to ₹590 per equity share.

The Divgi TorqTransfer IPO minimum market lot is 25 shares with ₹14,750 application amount. The IPO to list on BSE and NSE.

Divgi TorqTransfer Systems was established in 1984 namely Divgi Metalwares Private Limited. The company is one of the leading players in the automotive component entity that develop system-level transfer cases, torque couplers, and dual-clutch automatic transmission solutions. The company caters to the next generation of clients like Toyota, Mahindra & Mahindra, and Tata Motors. The company has stamped its global footprint being a trusted supplier to customers in UK and USA in the west to China, Thailand, Korea, and Japan in the east.

IPOWatch View

We recommend investors may apply an IPO with Longterm Views. Investors should also look at the NII, and Retail numbers before investing.

Divgi TorqTransfer IPO Subscription Status – Day 3

CategoryDay 1Day 2Day 3
QIB0.000.067.83
NII1.40
bNII (above 10L)0.89
sNII (below 10L)0.060.222.41
RII0.601.564.31
Total0.120.385.44

Divgi TorqTransfer IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Divgi TorqTransfer IPO Review

  • May Apply

Divgi TorqTransfer IPO Date & Price Band

IPO Open:March 1, 2023
IPO Close:March 3, 2023
IPO Size:Approx ₹412 Crores
Fresh Issue:Approx ₹180 Crores
Offer for Sale:Approx 3,934,243 equity shares
Face Value:₹5 Per Equity Share
IPO Price Band:₹560 to ₹590 Per Share
IPO Listing on:BSE & NSE
Retail Quota:10%
QIB Quota:75%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Divgi TorqTransfer IPO Market Lot

ApplicationLot SizeSharesAmount
Retail Minimum125₹14,750
Retail Maximum13325₹191,750
S-HNI Minimum14350₹206,500
B-HNI Minimum681700₹10,03,000

Divgi TorqTransfer IPO Subscription Dates

Price Band Announcement:February 25, 2023
Anchor Investors Allotment:February 28, 2023
IPO Open Date:March 1, 2023
IPO Close Date:March 3, 2023
Basis of Allotment:March 9, 2023
Refunds:March 10, 2023
Credit to Demat Account:March 13, 2023
Divgi TorqTransfer Systems IPO Listing Date:March 14, 2023

Divgi TorqTransfer IPO Form

How to apply for the Divgi TorqTransfer IPO? You can apply for Divgi TorqTransfer IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Divgi TorqTransfer IPO in the Invest section. The other option is you can apply for Divgi TorqTransfer IPO via IPO forms downloaded via BSE and NSE. Check out the Divgi TorqTransfer forms – Click BSE and NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Divgi TorqTransfer IPO Subscription Status FAQs:


When Divgi TorqTransfer IPO Subscription will start?

The IPO subscription starts on March 1, 2023 for QIB, NII, and Retail Investors.

How to subscribe Divgi TorqTransfer IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Divgi TorqTransfer IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Divgi TorqTransfer IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Divgi TorqTransfer”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Divgi TorqTransfer IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Divgi TorqTransfer”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Divgi TorqTransfer IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Divgi TorqTransfer” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the Divgi TorqTransfer IPO Allotment Date?

Divgi TorqTransfer IPO allotment date is March 9, 2023.

What is the Divgi TorqTransfer IPO Listing Date?

Divgi TorqTransfer IPO listing date is March 14, 2023. The IPO is to list on BSE and NSE.

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