Diensten Tech Ltd IPO Details
| IPO Size | 22.08 |
| Price Range | ₹95 - ₹100 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹120,000 |
| Pre IPO Promotor Holding | 95.50% |
| Post IPO Promotor Holding | 69.97% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Diensten Tech Ltd IPO Timelines
26/06/2024
Start Date28/06/2024
End Date02/07/2024
Refund Initiation02/07/2024
Credit of Shares to Demat Ac03/07/2024
Listing DateDiensten Tech Ltd IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹120,000 |
| Retail Maximum | 1 | 1200 | ₹120,000 |
| Retail Maximum | 2 | 2400 | ₹240,000 |
Diensten Tech Ltd IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 9.60 x | 155.34 x | 35.87 x | -- | 54.01 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹240 | ₹252 | ₹252 | ₹240 |
Diensten Tech Ltd IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹5.25 | ₹3.62 | ₹1.17 |
| FY 2022 | ₹0.77 | ₹0.70 | ₹0.01 |
| FY 2023 | ₹37.60 | ₹37.38 | ₹0.16 |
| FY 2024 (9M) | ₹26.21 | ₹28.56 | ₹-1.72 |
About Company
Diensten Tech Limited initially incorporated as JKT Consulting Limited in March 2007, changed its name in May 2021 to reflect its expanded IT services. The company specialises in IT professional resourcing, consultancy, training, and software AMC, connecting clients with skilled IT professionals, managing project delivery, and offering in-house technology expertise. It helps enterprises embrace digital transformation through innovative technologies and a collaborative approach.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2007 | IT (Information Technology) | Vipul Prakash |
Know Before Investing
Diensten Tech Ltd IPO Strengths
- The company’s robust client relationships across diverse industries foster customer loyalty and repeat business.
- Diensten Tech intends to capitalise on its customer-centric strategy and marketing abilities in order to grow its client base throughout the country.
Diensten Tech Ltd IPO Risks
- Diensten Tech Limited has significant dependency on a few clients for approximately 88% of revenue.
- Future costs and revenues may rise due to labor costs as the company hires new talent.
Swot Analysis for Diensten Tech Ltd IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
Company Details
Diensten Tech Limited
7 th Floor, A-2,
L.S.C., Masjid Moth,
Greater Kailash-II, New Delhi – 110048
Phone: 011-40562187
Email: [email protected]
Website: http://www.dienstentech.com/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of Diensten Tech IPO are:
- To fund the payment of liability for the outstanding payment of consideration for the “Professional Services and Training Division” business acquired from J K Technosoft Limited, vide Business Transfer Agreement Dated April 30, 2022.
- To fund the working capital requirement.
- General corporate purposes.
- To fund the public issue expenses.