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 IPO Date & Price Band :
| IPO Open: | 01 Mar 2023 |
| IPO Close: | 03 Mar 2023 |
| IPO Size: | ₹412.12 Crores |
| Price Band: | ₹560 to ₹590 per share |
| Listing on: | BSE & NSE |
| Retail Portion: | Not more than 10% of the Offer |
| Equity: | 3,146,802 shares |
| Face Value: | ₹5 per share |
Divgi TorqTransfer Systems IPO Market Lot:
- Shares: Minimum 25 shares
- Minimum Amount: ₹14,750
- Maximum Amount: ₹191,750
Divgi TorqTransfer Systems IPO Allotment & Listing:
- Basis of Allotment: Mar 9, 2023
- Refunds: Mar 10, 2023
- Credit to Demat accounts: Mar 13, 2023
- Listing: Mar 14, 2023
Divgi TorqTransfer Systems IPO Form Download:
How to apply for the Divgi TorqTransfer Systems IPO? You can apply for Divgi TorqTransfer Systems IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Divgi TorqTransfer Systems IPO in the Invest section. The other option is you can apply for Divgi TorqTransfer Systems IPO via IPO forms downloaded via NSE and BSE. Check out the Divgi TorqTransfer Systems forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.