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March 1, 2023 - March 3, 2023

Divgi TorqTransfer Systems IPO FAQ

Divgi TorqTransfer Systems IPO Date & Price

The Divgi TorqTransfer Systems IPO opens on March 1, 2023 and closes on March 3, 2023.

Divgi TorqTransfer Systems IPO timetable / schedule is as below:
  • Bid/Offer Opens On: March 1, 2023
  • Bid/Offer Closes On: March 3, 2023
  • Finalization of Basis of Allotment: March 9, 2023
  • Initiation of refunds: March 10, 2023
  • Credit of Equity Shares: March 13, 2023
  • Listing Date: March 14, 2023

Divgi TorqTransfer Systems IPO price is set at ₹590 per equity share.

Divgi TorqTransfer Systems IPO will close for subscription at 5 PM on March 3, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Divgi TorqTransfer Systems IPO starts on March 1, 2023. The issue ends on March 3, 2023.

Divgi TorqTransfer Systems IPO Issue Size and Subscription Status

The Divgi TorqTransfer Systems IPO size is Equity Shares of ₹5 aggregating up to ₹412.12 Cr.

Divgi TorqTransfer Systems Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Divgi TorqTransfer Systems IPO shares through the banks (using ASBA) or through the broker (using UPI).

Divgi TorqTransfer Systems IPO Offer Size

Qualified Institutional Buyers (QIB)2,095,528 Shares
Non-Institutional Investors (NII)1,047,763 Shares
Retail Individual Investor (RII)698,509 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size3,841,800 Shares

Divgi TorqTransfer Systems IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)7.83 times times
Non-Institutional Investors (NII)1.40 times times
Retail Individual Investor (RII)4.31 times times
Employee Reservations times
Other Reservations times
Total Issue Size5.44 times times

Click here to check the Divgi TorqTransfer Systems IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Divgi TorqTransfer Systems IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Divgi TorqTransfer Systems IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Divgi TorqTransfer Systems IPO Allotment and Listing

The Divgi TorqTransfer Systems IPO allot status will be available online on March 9, 2023. Check the Divgi TorqTransfer Systems IPO Allotment Status here.

Click here to check Divgi TorqTransfer Systems IPO Allotment Status.

Divgi TorqTransfer Systems IPO listing Date is March 14, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Divgi TorqTransfer Systems IPO listing date and time is published by the exchange in a circular.

Click here to view the Divgi TorqTransfer Systems IPO Basis of Allotment.

It is hard to say at what price Divgi TorqTransfer Systems IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Divgi TorqTransfer Systems IPO shares will list on March 14, 2023 at BSE, NSE.

Divgi TorqTransfer Systems IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Divgi TorqTransfer Systems IPO which could help you with questions like Divgi TorqTransfer Systems IPO buy or not? You should also read Divgi TorqTransfer Systems IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Divgi TorqTransfer Systems IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Divgi TorqTransfer Systems IPO performance. The performance reports are available 1 day after listing.