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Diensten Tech Limited

Diensten Tech Limited is an SME IPO raising ₹22 Cr at ₹95 – ₹100 a share. It listed on 3 Jul 2024 and trades at ₹112 today, +12.0% against its issue price of ₹100. The exchanges never published a subscription figure for it.

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₹100

Issue price

₹112

Price now

+12.0%

Since issue price

3 Jul 2024

Listed on

Not publishedSubscription

The exchanges never published a subscription figure for this issue.

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹95 – ₹100

Cut-off price₹100

Issue size₹22 Cr

Shares per lot1200

Minimum application₹1,20,000

Minimum quantity1200

Face value₹10

Listing exchanges—

ISININE0JRD01019

Bidding hours10:00 – 17:00 IST

Bidding window26 Jun 2024 – 28 Jun 2024

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.