01 Mar 2023
03 Mar 2023
Rs. 180.00 Cr
14 Mar 2023
₹ 560 to ₹ 590 per share
Divgi Torqtransfer Systems 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.
Objective of the Divgi TorqTransfer Systems IPO: The net proceeds from the issue will be utilised towards: 1. Funding capital expenditure requirements for the purchase of equipment/machineries of the manufacturing facilities 2. General corporate purposes
The Divgi Torqtransfer Systems IPO lot size is 25 shares. A retail-individual investor can apply for up to 13 lots (325 shares or ₹191,750).
Divgi Torqtransfer Systems IPO is promoted by Jitendra Bhaskar Divgi, Hirendra Bhaskar Divgi and Divgi Holdings Private Limited.
The allotment date of Divgi Torqtransfer Systems IPO is set for 9th March
Inga Ventures Pvt. Ltd. and Equirus Capital Ltd. are the book running lead managers to the Divgi Torqtransfer Systems IPO.