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Divgi TorqTransfer Systems Limited logo

Divgi TorqTransfer Systems Limited IPO

Mainboard IPOListedDIVGIITTSNSE
Current Market Price (CMP)
₹900.60(+52.64%)
Current Price (CMP)
₹900.60(+52.64%)

Live Market Quote

Listing Price & Gain
₹620(+5.08%)

Day 1 Exchange Open

IPO Issue Price
₹590

Band: ₹560 - ₹590

Total Subscription
5.44x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
01 Mar 2023
IPO Bidding Closes
03 Mar 2023
Allotment & Refunds
Completed
Exchange Listing Day
14 Mar 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 5.44x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)7.83x
Non-Institutional Investors (NII / HNI)1.4x
Retail Individual Investors (RII)4.31x
Total Subscription5.44x
Updated as on 03-Mar-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain+5.08%
₹590 (Issue) → ₹620 (List)
Per share profit: +₹30.00
Holding Return (Till Date)+52.64%
₹590 (Issue) → ₹900.60 (CMP)
Net gain per share: +₹310.60
Post-Listing Performance (Listing Day → Today):+45.26%

About Divgi TorqTransfer Systems Limited IPO

Divgi TorqTransfer Systems Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 01 Mar 2023 and concluded on 03 Mar 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹560 - ₹590.

During the bidding window, Divgi TorqTransfer Systems Limited recorded an overall subscription of 5.44 times. Institutional investors (QIB) subscribed 7.83x, non-institutional high-net-worth investors (NII) subscribed 1.4x, and retail individual investors (RII) bid 4.31x their reserved quota.

The equity shares of Divgi TorqTransfer Systems Limited officially debuted on the stock exchanges on 14 Mar 2023 at an opening listing price of ₹620, delivering a listing day return of +5.08% (premium) over the final issue price. As per the latest market data, the stock trades at ₹900.60, representing an overall gain of +52.64% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Divgi TorqTransfer Systems Limited IPO?
The issue price of Divgi TorqTransfer Systems Limited IPO was fixed at ₹590 per equity share. The indicative bidding price band was ₹560 - ₹590.
What were the open, close, and listing dates for Divgi TorqTransfer Systems Limited IPO?
Divgi TorqTransfer Systems Limited IPO opened on 01 Mar 2023, closed on 03 Mar 2023, listed on 14 Mar 2023.
How much was Divgi TorqTransfer Systems Limited IPO subscribed?
The IPO received an overall subscription of 5.44 times. Category-wise, QIBs subscribed 7.83x, NIIs subscribed 1.4x, and Retail investors subscribed 4.31x.
What was the listing price and listing gain of Divgi TorqTransfer Systems Limited IPO?
Divgi TorqTransfer Systems Limited IPO listed on the stock exchange at ₹620, delivering a listing gain of 5.08% compared to the IPO issue price of ₹590.
Is Divgi TorqTransfer Systems Limited IPO a Mainboard or SME IPO?
Divgi TorqTransfer Systems Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Divgi TorqTransfer Systems Limited IPO since its IPO?
At the latest market quote of ₹900.60, Divgi TorqTransfer Systems Limited IPO has generated an all-time return of +52.64% since its initial public offering.

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