Check out Divgi TorqTransfer Systems IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Divgi TorqTransfer Systems IPO GMP started and look stable around ₹40 to ₹60. Stay tuned for the latest IPO GMP numbers of Divgi TorqTransfer Systems IPO.
Divgi TorqTransfer Systems IPO is to open on March 1. The company is to raise ₹412 crores via IPO which comprises a fresh issue of ₹180 crores and the offer for sale of 3,934,243 equity shares. 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 reported revenue of ₹242 crores in 2022 against revenues of ₹195 crores in 2021. The IPO price band is fixed at ₹560 to ₹590 Per Equity Share. The Divgi TorqTransfer Systems IPO to list on NSE and BSE.
What is Divgi TorqTransfer Systems IPO GMP Today?
The Divgi TorqTransfer Systems IPO GMP aka Grey Market Premium is ₹40.
What is Divgi TorqTransfer Systems IPO Kostak Rates Today?
The Divgi TorqTransfer Systems IPO Kostak Rate is ₹-.
What is Divgi TorqTransfer Systems IPO Subject to Sauda Price Today?
The Divgi TorqTransfer Systems IPO subject to sauda rates is ₹8000.
Divgi TorqTransfer Systems IPO Expected Returns?
The Divgi TorqTransfer Systems expected return is 8%.
Divgi TorqTransfer Systems IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to (2L) |
| 14 March | ₹40 | ₹- | ₹8000 |
| 13 March | ₹45 | ₹- | ₹8000 |
| 10 March | ₹45 | ₹- | ₹8000 |
| 9 March | ₹70 | ₹- | ₹8000 |
| 8 March | ₹70 | ₹- | ₹8000 |
| 7 March | ₹70 | ₹- | ₹8000 |
| 6 March | ₹70 | ₹- | ₹8000 |
| 4 March | ₹70 | ₹- | ₹8000 |
| 3 March | ₹70 | ₹- | ₹8000 |
| 2 March | ₹70 | ₹- | ₹8000 |
| 1 March | ₹60 | ₹- | ₹- |
| 28 February | ₹60 | ₹- | ₹- |
| 27 February | ₹60 | ₹- | ₹- |
| 25 February | ₹60 | ₹- | ₹- |
| 24 February | ₹- | ₹- | ₹- |
| 21 February | ₹- | ₹- | ₹- |
Divgi TorqTransfer Systems IPO Date & Price Band Details
| 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 Systems IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 25 | ₹14,750 |
| Retail Maximum | 13 | 325 | ₹191,750 |
| S-HNI Minimum | 14 | 350 | ₹206,500 |
| B-HNI Minimum | 68 | 1700 | ₹10,03,000 |
Divgi TorqTransfer Systems IPO Allotment & Listing 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 Systems IPO GMP aka Grey Market Premium FAQs:
What is Divgi TorqTransfer Systems IPO GMP Today?
What is Divgi TorqTransfer Systems IPO Kostak Rate Today?
What is Divgi TorqTransfer Systems IPO Subject to Sauda Today?
What is Divgi TorqTransfer Systems IPO Expected Returns?
Disclaimer:
- IPO Grey Market Premium (Divgi TorqTransfer Systems IPO GMP) mention is valid for the specific date as mentioned in the header.
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One Response
Font Recommend subscription to this IPO. The investors may loose on listing itself