Divgi TorqTransfer Systems Limited
01 Mar 2023 – 03 Mar 2023
LISTED
Offer Price
₹560–590
Bid lot
25
Min Application
₹14,750
Issue Size
₹180 Cr
Key dates
Open date
01 Mar 2023
Done
Close date
03 Mar 2023
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
14 Mar 2023
Today
Issue reservation
₹180 CrQIB 50%Retail 35%
QIB
15.3 L sh · ₹90.00 Cr
Retail
10.7 L sh · ₹63.00 Cr
BRLM: Inga Ventures Private Limited · Equirus Capital Private Limited
Lot ladder — how much to bid
1 lot = 25 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
25 sh · ₹14,750
Max · 13 lots
325 sh · ₹1,91,750
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
350 sh · ₹2,06,500
Max · 67 lots
1,675 sh · ₹9,88,250
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
1,700 sh · ₹10,03,000
Entry point
₹10,03,000 onward
Issue details
Lead managersInga Ventures Private Limited, Equirus Capital Private Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
6.38×
0×1×2×3×+
Oversubscribed
Book₹153.00 Cr
Subscribed₹976.23 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 15,25,424₹90.00 Cr | 1,19,44,066₹704.70 Cr | 7.83× |
| HNI | 4,57,627₹27.00 Cr | 6,40,678₹37.80 Cr | 1.40× |
| Retail | 10,67,796₹63.00 Cr | 46,02,203₹271.53 Cr | 4.31× |
| Total | 25,93,220₹153.00 Cr | 1,65,46,269₹976.23 Cr | 6.38× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 704.70 |
| HNI | 37.80 |
| Retail | 271.53 |
| Total | 976.23 |
Amounts at the upper band (₹590). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Divgi TorqTransfer Systems Limited IPO?
One lot of 25 shares — ₹14,750 at the upper price band of ₹590.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2023-03-14 on NSE.