Divgi TorqTransfer Systems IPO Subscription Details

Bookbuilding IPO | ₹412 Cr | Listed at BSE, NSE | Wed, Mar 1, 2023 - Fri, Mar 3, 2023

Basis of Allotment - Divgi TorqTransfer Systems IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)20,95,52831,43,29052,38,8183,49,2556,98,50810,47,7636,98,50969,85,090
Allotment price (Rs.)590590590590590590590590
No.of applications2112332,1292972,42685,68188,140
No.of shares applied1,64,00,50032,88,1751,96,88,6758,28,3256,07,02514,35,35029,13,1752,40,37,200
Amount collected (Rs.cr.)967.63 194.00 1,161.63 48.87 35.81 84.69 171.88 1,418.19
No.of times subscribed7.831.053.762.370.871.374.173.44
No.of shares allotted20,95,52831,43,29052,38,8184,40,7386,07,02510,47,7636,98,50969,85,090
Amount (Rs.cr.)123.64 185.45 309.09 26.00 35.81 61.82 41.21 412.12
No.of allottees2112331,2592971,55627,94029,529

IPO Shares Offered

Divgi TorqTransfer Systems IPO is a public issue of 0.70 Cr equity shares. The issue offers 0.07 Cr shares to retail investors, 0.52 Cr shares to qualified institutional buyers, and 0.10 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 52,38,818309.09 75.00%
    Anchor 31,43,290 185.45 45.00%
    QIB (Ex Anchor) 20,95,528 123.64 30.00%
NII 10,47,76361.82 15.00%
    bNII (> ₹10L)6,98,50841.21 10.00%
    sNII (< ₹10L)3,49,25520.61 5.00%
Retail6,98,50941.21 10.00%
Total69,85,090412.12 100%

Divgi TorqTransfer Systems IPO Anchor Investor Allocation

A total of 31,43,290 shares at a price of Rs 590 per share will be allotted to the anchor investors.

Anchor investors bid opening dateFeb 28, 2023
Anchor investor price₹590.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days15,71,645
No. of shares locked-in for 90 days15,71,645

IPO Subscription FAQs

The Divgi TorqTransfer Systems IPO is subscribed 5.437 times by Mar 03, 2023 19:00.

Divgi TorqTransfer Systems IPO Subscription

Investor Category Subscription (times)
Qualified Institutional7.8338
Non Institutional1.3962
Retail Individual4.3078
Total Subscription5.437

Retail category of Divgi TorqTransfer Systems IPO subscribed 4.3078 times as of date Mar 03, 2023 19:00. The public issue closes on Fri, Mar 3, 2023 for bidding.

An investor can apply in Divgi TorqTransfer Systems IPO online via bank (using ASBA) or the broker (using UPI). The Divgi TorqTransfer Systems IPO shares are offered online only.

The Divgi TorqTransfer Systems IPO is subscribed 5.437 times by Mar 03, 2023 19:00.

The Divgi TorqTransfer Systems IPO allotment status is expected on or around Thursday, March 9, 2023. Visit Divgi TorqTransfer Systems IPO allotment status to check.

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

Visit Divgi TorqTransfer Systems IPO subscription status page for real-time bidding information about Divgi TorqTransfer Systems IPO.

Divgi TorqTransfer Systems IPO Timetable

IPO opens OnWednesday, March 1, 2023
IPO Closes OnFriday, March 3, 2023
Finalisation of Basis of AllotmentThursday, March 9, 2023
Initiation of RefundsFriday, March 10, 2023
Credit of Shares to Demat AccountMonday, March 13, 2023
IPO Listing DateTuesday, March 14, 2023
Open an Instant Account with Zerodha