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.
Divgi TorqTransfer Systems IPO Subscription Status Live
Last Data Updated on 03rd March 2023, 06:00 PM (Refresh Page)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.06 | 7.83 |
| NII | 0.06 | 0.22 | 1.40 |
| Retail | 0.60 | 1.56 | 4.31 |
| Total | 0.12 | 0.38 | 5.44 |
Divgi TorqTransfer Systems IPO Dates & Price Band :
| IPO Open: | 01 Mar 2023 |
| IPO Close: | 03 Mar 2023 |
| IPO Size: | Approx ₹180 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 Equity Shares |
| Face Value: | ₹5 Per Equity Share |
Sah Polymers IPO Market Lot:
- Shares: 25 Shares in 1 lot
- Minimum Amount: ₹14,750
- Maximum Amount: ₹191,750
Sah Polymers IPO Allotment & Listing:
- Basis of Allotment: Mar 9, 2023
- Refunds: Mar 10, 2023
- Credit to Demat accounts : Mar 13, 2023
- Listing: Mar 14, 2023
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