Incorporated in 1964, Divgi TorqTransfer Systems Limited is engaged in the business as an automotive component entity. They are among the very few automotive component entities in India with the capability to develop and provide system-level transfer cases, torque couplers, and dual-clutch automatic transmission solutions.
Divgi TorqTransfer is one of the leading players supplying transfer case systems to automotive OEMs in India and the largest supplier of transfer case systems to passenger vehicle manufacturers in India. Not only thi are also the only player manufacturing and exporting transfer cases to global OEMs from India, and the only manufacturer of torque couplers in India.
Divgi TorqTransfer Systems Limited manufactures and supplies its products under a wide range which includes-
Torque transfer systems (which includes four-wheel-drive ("4WD") and all-wheel-drive ("AWD") products);
Synchronizer systems for manual transmissions and DCT;
Components for the above-mentioned product categories for torque transfer systems and synchronizer systems in manual transmission, DCT, and EVs.
Alongside, they have also developed
Transmission systems for EVs;
DCT systems;
Rear wheel drive manual transmissions.
Divgi TorqTransfer Systems Limited also takes pride in being among the few companies that serve as both, systems-level solution providers and component kit suppliers to global OEMs and Tier I transmission systems suppliers.
Divgi TorqTransfer Systems IPO Details
Divgi TorqTransfer Systems IPO is a Book Built Issue. The IPO total issue size is Rs 412.12 Cr. The Divgi TorqTransfer Systems IPO price is ₹560 to ₹590 per share. The IPO will list on BSE, NSE.
Divgi TorqTransfer Systems IPO Reservation
Divgi TorqTransfer Systems IPO a total of 6,985,090 shares are offered. QIB: 2,095,528 (30.00%), RII: 698,509 (10.00%), NII: 1,047,763 (15.00%).
Divgi TorqTransfer Systems IPO Anchor Investors Details
Divgi TorqTransfer Systems IPO raises Rs 185.45 crore from anchor investors. Divgi TorqTransfer Systems IPO Anchor bid date is Feb 28, 2023.
Divgi TorqTransfer Systems IPO Timetable (Tentative)
Divgi TorqTransfer Systems IPO opens on Mar 1, 2023, and closes on Mar 3, 2023.
Divgi TorqTransfer Systems IPO Lot Size
The minimum lot size of this Divgi TorqTransfer Systems IPO is 25 shares required is ₹14,750.
Divgi TorqTransfer Systems IPO Promoter Holding
Jitendra Bhaskar Divgi, Hirendra Bhaskar Divgi and Divgi Holdings Private Limited are the promoters of the company.
Company Financials
Key Performance Indicator
Divgi TorqTransfer Systems IPO Market Cap is Rs 1804.39 Cr and P/E (x) is 35.16.
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