ListedMainboardDIVGIITTS

Divgi TorqTransfer Systems

Divgi TorqTransfer Systems is a mainboard IPO raising ₹412 Cr at ₹560 – ₹590 a share. It listed on 14 Mar 2023 and trades at ₹957 today, +62.2% against its issue price of ₹590. It was subscribed 5.44× in total.

590
Issue price
957
Price now
+62.2%
Since issue price
14 Mar 2023
Listed on
5.44×Subscribed (final) · all exchanges

5.4 times more demand than shares on offer

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

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
20,95,5281,64,16,0507.83×
Foreign Institutional Investorsno separate quota54,86,175n/a
Domestic Financial Institutionsno separate quota50,08,450n/a
Mutual fundsno separate quota35,35,575n/a
Othersno separate quota23,85,850n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
10,47,76314,62,9001.40×
Non Institutional Investors6,98,5086,22,5250.89×
Corporatesno separate quota5,900n/a
Individualsno separate quota5,41,275n/a
Othersno separate quota75,350n/a
Non Institutional Investors3,49,2558,40,3752.41×
Corporatesno separate quota5,000n/a
Individualsno separate quota7,35,375n/a
Othersno separate quota1,00,000n/a
Retail
Ordinary investors bidding up to ₹2 lakh
6,98,50930,08,2754.31×
Cut Offno separate quota26,13,375n/a
Price bidsno separate quota3,94,900n/a
Total38,41,8002,08,87,2255.44×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 07:17 pm IST.

How demand built

We hold no subscription readings for this issue.