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 | 1,200 Shares |
| Total Issue Size | 22,08,000 shares (aggregating up to ₹ 22.08 Cr) |
| Fresh Issue | 22,08,000 shares (aggregating up to ₹ 22.08 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 60,52,646 |
| Shareholding post issue | 82,60,646 |
| Market Maker portion | 1,10,400 shares |
About 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 ₹95 to ₹100 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.
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 |
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.
Diensten Tech Limited IPO Financial Information
Latest Revenue
2,620.92
₹ Crore
Profit After Tax
-171.70
₹ Crore
Net Worth
253.34
₹ Crore
Total Borrowing
1,847.67
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 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 | |||||||||
Diensten Tech Limited Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | -67.50% |
| ROCE | -20.74% |
| Debt/Equity | 7.29 |
| RoNW | -67.77% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 0.29 | - |
| P/E (x) | - | - |
Frequently Asked Questions
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Competitive Strengths
Diensten Tech Limited IPO Timeline
| 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
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹120,000 |
| Retail (Max) | 1 | 1200 | ₹120,000 |
| HNI (Min) | 2 | 2,400 | ₹240,000 |