
Divgi TorqTransfer Systems Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹560 - ₹590
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
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.