When does the Divgi Torqtransfer Systems IPO open and close?

The Divgi Torqtransfer Systems IPO opened for bidding on 1 Mar 2023 and closed on 3 Mar 2023. Bids can be placed from 10:00 AM to 5:00 PM IST on each bidding day.

What is the price band of the Divgi Torqtransfer Systems IPO?

The price band of the Divgi Torqtransfer Systems IPO is ₹560 to ₹590 per share. The issue size is ₹226.67 crore.

What is the lot size of the Divgi Torqtransfer Systems IPO?

One lot of the Divgi Torqtransfer Systems IPO is 25 shares, and the minimum investment is ₹14,750 (one lot at the upper end of the price band). You bid in multiples of one lot.

When is the Divgi Torqtransfer Systems IPO allotment and listing date?

The Divgi Torqtransfer Systems IPO timeline is: basis of allotment on 6 Mar 2023, refunds from 8 Mar 2023, credit of shares to demat accounts on 8 Mar 2023, listing on 14 Mar 2023.

What was the listing price of the Divgi Torqtransfer Systems IPO?

Divgi Torqtransfer Systems shares listed at ₹620.00 on 14 Mar 2023, a gain of 5.08% over the issue price of ₹590.00.

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Divgi Torqtransfer Systems IPO

Divgi Torqtransfer Systems Limited

₹14,750/ 25 shares

Minimum investment

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Divgi Torqtransfer Systems IPO Details

Bidding date

01 Mar - 03 Mar 2023

Price range

₹560 - ₹590

Minimum quantity

Minimum investment

₹14,750

Issue size

₹227 Cr.

Listing exchange

NSE/BSE

Divgi Torqtransfer Systems IPO Dates & Timeline

01 Mar, 2023

Opening date

03 Mar, 2023

Closing date

06 Mar, 2023

Basis of allotment

08 Mar, 2023

Initiation of refunds

08 Mar, 2023

Credit of shares

09 Mar, 2023

Listing date

Divgi Torqtransfer Systems IPO is an initial public offering of Divgi TorqTransfer Systems Limited shares with a price band of ₹560 to ₹590 per share, which was open for bidding from 1 Mar 2023 to 3 Mar 2023. This page gives investors the IPO dates, price band, lot size, subscription status and allotment timeline.

How to Apply for Divgi Torqtransfer Systems IPO: Step-by-Step Guide

Research the IPO:Review the prospectus and company details.
Open accounts:Ensure you have a demat and trading account.
Check dates:Note the IPO opening and closing dates.
Apply online:Log in to your brokerage account and complete the IPO application form.
Make payment:Pay through your linked bank account.
Submit application:Confirm and submit your application.
Track status:Monitor the allotment status and check for shares in your demat account upon listing.