Divgi TorqTransfer Systems IPO Allotment Status Online

The Divgi TorqTransfer Systems IPO allotment status will be available on Thursday, March 9, 2023, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Divgi TorqTransfer Systems Ltd. IPO allotment status online:

• Visit the Divgi TorqTransfer Systems IPO allotment status page.
• Click on the green Divgi TorqTransfer Systems IPO Allotment Status.
• Enter either PAN number, Application Number, or DP Client ID of the demat account to check the Divgi TorqTransfer Systems IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected Listing price of Divgi TorqTransfer Systems IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Divgi TorqTransfer Systems IPO grey market premium gives some hint but the actual Listing price is difficult to guess.

Divgi TorqTransfer Systems Ltd. IPO IPO allotment status is expected on Thursday, March 9, 2023. Click the green button Divgi TorqTransfer Systems Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.

If Divgi TorqTransfer Systems IPO oversubscribed in the retail category, the Divgi TorqTransfer Systems IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Divgi TorqTransfer Systems Ltd. listing date is March 14, 2023. The equity shares of Divgi TorqTransfer Systems Ltd. will list on BSE, NSE.

The reason you didn't get the Divgi TorqTransfer Systems IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).