IPO Trending
DIVGIITTSEQ / NSE, BSEListed
Divgi TorqTransfer Systems

Incorporated in 1964, Divgi TorqTransfer Systems Limited is a leading automotive component manufacturer in India, specializing in system-level transfer cases, torque couplers, and dual-clutch automatic transmission (DCT) solutions. The company is one of the largest suppliers of transfer case systems to passenger vehicle OEMs in India and the only Indian manufacturer exporting transfer cases to global OEMs. Its product portfolio includes torque transfer systems (4WD and AWD), synchronizer systems for manual and DCT transmissions, and components for these systems, including EV applications. Additionally, Divgi has developed advanced solutions such as transmission systems for EVs, DCT systems, and rear-wheel-drive manual transmissions, positioning itself as a comprehensive systems-level solution provider and component supplier to both domestic and international automotive manufacturers

DRHP
₹560 - ₹5905.73x sub
Listed Price₹620.00
Listing Gain+5.08%

IPO Schedule & Timeline

Bookbuilding IPO
Open01 Mar 2023
Close03 Mar 2023
Allotment09 Mar 2023
Listing14 Mar 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB52,38,818 shares
75%
Nii (hni)10,47,763 shares
15%
Retail6,98,509 shares
10%

Minimum Application Lots

Retail1 Lot (25 shares)
₹14,750
sHNI14 Lots (350 shares)
₹2,06,500
bHNI68 Lots (1,700 shares)
₹10,03,000

Company Promoters

Jitendra Bhaskar DivgiHirendra Bhaskar DivgiDivgi Holdings Private Limited

Company Background

Incorporated in 1964, Divgi TorqTransfer Systems Limited is a leading automotive component manufacturer in India, specializing in system-level transfer cases, torque couplers, and dual-clutch automatic transmission (DCT) solutions. The company is one of the largest suppliers of transfer case systems to passenger vehicle OEMs in India and the only Indian manu...

Lead Managers & Bankers

Inga Ventures Private LimitedEquirus Capital Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2020)₹170.74 Cr
Growth+24.1%
Revenue Trend (₹ in Crores)
0.092.7185.4278.2Sep 2022Mar 2022Mar 2021Mar 2020
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2020170.7428.04303.7050.41
Mar 2021195.0338.04362.880.26
Mar 2022241.8746.15405.370.12
Sep 2022137.5525.66430.210.50

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
09 Mar 2023
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
14 Mar 2023

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Divgi TorqTransfer Systems. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization09 Mar 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date14 Mar 2023Trading commences on exchange

How to Check Divgi TorqTransfer Systems Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Divgi TorqTransfer Systems from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Divgi TorqTransfer Systems IPO

Complete issue overview for Divgi TorqTransfer Systems (DIVGIITTS) IPO. The issue features an equity share price band of ₹560 – ₹590 per share with a minimum retail lot size of 25 Shares (minimum application amount of ₹14,750). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions