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
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹560 – ₹590
Cut-off price₹590
Issue size₹412 Cr
Shares per lot25
Minimum application₹14,750
Minimum quantity25
Face value₹10
Listing exchanges—
ISININE753U01022
Bidding hours10:00 – 17:00 IST
Bidding window1 Mar 2023 – 3 Mar 2023
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.