
Diensten Tech Limited IPO
Diensten Tech is in the business of Information Technology (IT) professional resourcing, IT Consultancy, IT Training, and Software AMC. They connect their clients to individuals with a specific IT skill set, manage capacity across a team, or deliver in-house technology experts to take client projects to full delivery. They are a next-generation IT consultancy service provider that helps enterprises reimagine their businesses for the digital age. They provide end-to-end professional solutions to make large companies and organizations more competitive by combining in-depth knowledge of a wide range of business sectors and innovative technologies with a fully collaborative approach.
Diensten Tech IPO is a book-built issue of Rs 22.08 crores. The issue is entirely a fresh issue of 22.08 lakh shares. Diensten Tech IPO opens for subscription on June 26, 2024 and closes on June 28, 2024. The allotment for the Diensten Tech IPO is expected to be finalized on Monday, July 1, 2024. Diensten Tech IPO price band is set at â¹95 to â¹100 per share. The minimum lot size for an application is 1200 Shares. Corporate Professionals Capital Private Ltd is the book-running lead manager of the Diensten Tech IPO, while Kfin Technologies Limited is the registrar for the issue.

WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Diensten Tech Limited IPO
GMP Date | IPO Price | GMP | Last Updated |
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**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Diensten Tech Limited IPO Details
Detail | Description |
---|---|
IPO Date | June 26, 2024 to June 28, 2024 |
Listing Date | [.] |
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 |
Shareholding pre issue | 6,052,646 |
Shareholding post issue | 8,260,646 |
Market Maker portion | 110,400 shares |
Diensten Tech Limited IPO Timeline
Detail | Description |
---|---|
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 |
Diensten Tech Limited IPO Lot Size
Application | Lots | Shares | Amount |
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Retail (Min) | 1 | 1200 | ₹120,000 |
Retail (Max) | 1 | 1200 | ₹120,000 |
HNI (Min) | 2 | 2,400 | ₹240,000 |
Diensten Tech IPO Reservation
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 50.00% of the Net offer |
Retail Shares Offered | Not less than 35.00% of the Offer |
NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Diensten Tech Limited IPO Promoter Holding
Share Holding Pre Issue | Share Holding Post Issue |
---|---|
95.50% | 69.97% |
Company & Financials
Diensten Tech Limited, formerly JKT Consulting Limited, was founded in 2007 and provides information technology (IT) professional resourcing, IT consulting, IT training and software AMC services.
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The company's list of services includes:
- 1. 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.
- 2. Corporate training services: The company offers technical and soft skills-based training services in this area. These include ERP and business application training, behavioural training, induction/onboarding training, domain-specific training, training and deployment, CSR implementation programs, disaster and safety management training, learning solutions, and educational tourism.
Competitive Strength:
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Diensten Tech Limited IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
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31 Dec 2023 | 3,019.89 | 2,620.92 | -171.70 | 253.34 | 1,847.67 | |||||||||||||||||||||||||||||||||||
31 Mar 2023 | 1,504.81 | 3,760.31 | 16.06 | 425.05 | 280.00 | |||||||||||||||||||||||||||||||||||
31 Mar 2022 | 203.66 | 76.53 | 1.45 | 139.99 | - | |||||||||||||||||||||||||||||||||||
31 Mar 2021 | 370.24 | 525.06 | 117.07 | -111.72 | 344.12 | |||||||||||||||||||||||||||||||||||
Amount in ₹ Crore |
Key Performance Indicator
KPI | Values |
---|---|
ROE | -67.50% |
ROCE | -20.74% |
Debt/Equity | 7.29 |
RoNW | -67.77% |
Pre IPO | Post IPO | |
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EPS (Rs) | 0.29 | |
P/E (x) |
RHP:
DRHP:
Read more :
Frequently asked Questions (FAQs )
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What is Diensten Tech IPO?
Diensten Tech IPO is an NSE SME IPO. They are going to raise ₹22.08 Crores via IPO. The issue is priced at ₹95 to ₹100 per equity share. The IPO is to be listed on NSE.
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When will the Diensten Tech IPO?
The IPO is to open on June 26, 2024, for QIB, NII, and Retail Investors.
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What is the Diensten Tech IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
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What is the Diensten Tech IPO Size?
Diensten Tech IPO size is ₹22.08 crores.
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What is the Diensten Tech IPO Price Band?
Diensten Tech IPO Price Band is ₹95 to ₹100 per equity share.
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What is the Diensten Tech IPO Minimum and Maximum Lot Size?
The IPO bid is 1200 shares with ₹120,000.