Diensten Tech IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jun 26 to Jun 28 2024
Price Band
₹95 - 100
Current GMP
₹240(140%)
Subscription
53.94 times
IPO Details
| IPO Date | June 26, 2024 to June 28, 2024 |
| Listing Date | Wednesday, July 3, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹95 to ₹100 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 2,208,000 shares (aggregating up to ₹22.08 Cr) |
| Fresh Issue | 2,208,000 shares (aggregating up to ₹22.08 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 6,052,646 |
| Share holding post issue | 8,260,646 |
| Market Maker portion | 110,400 shares Share India Securities |
IPO Date
June 26, 2024 to June 28, 2024
Listing Date
Wednesday, July 3, 2024
Face Value
₹10 per share
Price Band
₹95 to ₹100 per share
Lot Size
1200 Shares
Total Issue Size
2,208,000 shares (aggregating up to ₹22.08 Cr)
Fresh Issue
2,208,000 shares (aggregating up to ₹22.08 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
6,052,646
Share holding post issue
8,260,646
Market Maker portion
110,400 shares Share India Securities
IPO Subscription Details
| Anchor Investors | 1 |
| Qualified Institutions | 9.60 |
| Non-Institutional Buyers*** | 154.99 |
| Retail Investors | 35.87 |
| Total ** | 53.94 |
Anchor Investors
1
Qualified Institutions
9.60
Non-Institutional Buyers***
154.99
Retail Investors
35.87
Total **
53.94
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jun 26, 2024 | 0.00 | 1.54 | 1.48 | 1.07 |
| Day 2 Jun 27, 2024 | 0.00 | 6.08 | 4.80 | 3.71 |
| Day 3 Jun 28, 2024 | 9.60 | 154.99 | 35.87 | 53.94 |
DayDay 1
Jun 26, 2024
QIB0.00
NII*1.54
Retail1.48
Total1.07
DayDay 2
Jun 27, 2024
QIB0.00
NII*6.08
Retail4.80
Total3.71
DayDay 3
Jun 28, 2024
QIB9.60
NII*154.99
Retail35.87
Total53.94
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 03-07-2024 | 100.00 | 70(70.0%) | 170 |
| 02-07-2024 | 100.00 | 70(70.0%) | 170 |
| 01-07-2024 | 100.00 | 45(45.0%) | 145 |
| 30-06-2024 | 100.00 | 30(30.0%) | 130 |
| 29-06-2024 | 100.00 | 30(30.0%) | 130 |
| 28-06-2024 | 100.00 | 30(30.0%) | 130 |
| 27-06-2024 | 100.00 | 0(0.0%) | 100 |
| 26-06-2024 | 100.00 | 0(0.0%) | 100 |
| 25-06-2024 | 100.00 | 0(0.0%) | 100 |
| 24-06-2024 | 100.00 | 0(0.0%) | 100 |
| 23-06-2024 | 100.00 | 0(0.0%) | 100 |
| 22-06-2024 | 100.00 | 0(0.0%) | 100 |
| 21-06-2024 | 100.00 | 0(0.0%) | 100 |
Date03-07-2024
Price100.00
GMP70(70.0%)
Estimate List Price170
Date02-07-2024
Price100.00
GMP70(70.0%)
Estimate List Price170
Date01-07-2024
Price100.00
GMP45(45.0%)
Estimate List Price145
Date30-06-2024
Price100.00
GMP30(30.0%)
Estimate List Price130
Date29-06-2024
Price100.00
GMP30(30.0%)
Estimate List Price130
Date28-06-2024
Price100.00
GMP30(30.0%)
Estimate List Price130
Date27-06-2024
Price100.00
GMP0(0.0%)
Estimate List Price100
Date26-06-2024
Price100.00
GMP0(0.0%)
Estimate List Price100
Date25-06-2024
Price100.00
GMP0(0.0%)
Estimate List Price100
Date24-06-2024
Price100.00
GMP0(0.0%)
Estimate List Price100
Date23-06-2024
Price100.00
GMP0(0.0%)
Estimate List Price100
Date22-06-2024
Price100.00
GMP0(0.0%)
Estimate List Price100
Date21-06-2024
Price100.00
GMP0(0.0%)
Estimate List Price100
IPO Important Dates
| IPO Open Date | Wednesday, June 26, 2024 |
| IPO Close Date | Friday, June 28, 2024 |
| Basis of Allotment | Monday, July 1, 2024 |
| Initiation of Refunds | Tuesday, July 2, 2024 |
| Credit of Shares to Demat | Tuesday, July 2, 2024 |
| Listing Date | Wednesday, July 3, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 28, 2024 |
IPO Open Date
Wednesday, June 26, 2024
IPO Close Date
Friday, June 28, 2024
Basis of Allotment
Monday, July 1, 2024
Initiation of Refunds
Tuesday, July 2, 2024
Credit of Shares to Demat
Tuesday, July 2, 2024
Listing Date
Wednesday, July 3, 2024
Cut-off time for UPI mandate confirmation
5 PM on June 28, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹120,000 |
| Retail (Max) | 1 | 1200 | ₹120,000 |
| HNI (Min) | 2 | 2,400 | ₹240,000 |
ApplicationRetail (Min)
Lots1
Shares1200
Amount₹120,000
ApplicationRetail (Max)
Lots1
Shares1200
Amount₹120,000
ApplicationHNI (Min)
Lots2
Shares2,400
Amount₹240,000
Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 3,019.89 | 1,504.81 | 203.66 |
| Revenue | 2,620.92 | 3,760.31 | 76.53 |
| Profit After Tax | -171.70 | 16.06 | 1.45 |
| Net Worth | 253.34 | 425.05 | 139.99 |
| Reserves and Surplus | -351.92 | -180.21 | -196.27 |
| Total Borrowing | 1,847.67 | 280.00 |
Period EndedPeriod Ended
31 Dec 202331 Dec 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Dec 20233,019.89
31 Mar 20231,504.81
31 Mar 2022203.66
Period EndedRevenue
31 Dec 20232,620.92
31 Mar 20233,760.31
31 Mar 202276.53
Period EndedProfit After Tax
31 Dec 2023-171.70
31 Mar 202316.06
31 Mar 20221.45
Period EndedNet Worth
31 Dec 2023253.34
31 Mar 2023425.05
31 Mar 2022139.99
Period EndedReserves and Surplus
31 Dec 2023-351.92
31 Mar 2023-180.21
31 Mar 2022-196.27
Period EndedTotal Borrowing
31 Dec 20231,847.67
31 Mar 2023280.00
31 Mar 2022
Key Performance Indicator
| ROE | -67.50% |
| ROCE | -20.74% |
| Debt/Equity | 7.29 |
| RoNW | -67.77% |
ROE
-67.50%
ROCE
-20.74%
Debt/Equity
7.29
RoNW
-67.77%
IPO Reservation
| Anchor Investor Shares Offered | 627,600 (28.42%) |
| Market Maker Shares Offered | 110,400 (5.00%) |
| QIB Shares Offered | 420,000 (19.02%) |
| NII (HNI) Shares Offered | 315,600 (14.29%) |
| Retail Shares Offered | 734,400 (33.26%) |
| Total Shares Offered | 2,208,000 (100%) |
Anchor Investor Shares Offered
627,600 (28.42%)
Market Maker Shares Offered
110,400 (5.00%)
QIB Shares Offered
420,000 (19.02%)
NII (HNI) Shares Offered
315,600 (14.29%)
Retail Shares Offered
734,400 (33.26%)
Total Shares Offered
2,208,000 (100%)
Information about company
Diensten Tech Limited, formerly known as JKT Consulting Limited, was founded in 2007 and provides information technology (IT) professional resourcing, IT consulting, IT training and software AMC services.
The company's list of services includes:
IT support and consulting services: Under this framework, the company provides comprehensive IT professional resourcing, IT consulting, and software AMC services in various industries, namely information technology, banking and finance, automotive and engineering, telecommunications, healthcare, retail and entertainment.
Corporate training services: In this area, the company offers both technical and soft skills-based training services. These include ERP and business application training, behavioral training, induction/onboarding training, domain-specific training, training and deployment, CSR implementation programs, disaster and safety management training, learning solutions, and educational tourism.
As of December 31, 2023, the company had 458 employees.
Objectives of IPO
The objects of the Issue are:
Payment of liability raised against outstanding payment of consideration for "Professional Services and Training Division" business acquired from J K Technosoft Limited, vide Business Transfer Agreement Dated April 30, 2022.
To meet the Working Capital requirements of the Company;
To meet out the General Corporate Purposes; and
To meet out the Issue Expenses.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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