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Divgi TorqTransfer Systems Limited IPO Subscription Status

📅Offer Date: 01 Mar 2023 – 03 Mar 2023

Minimum investment
₹14,75025 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total5.44x
QIB7.83x
NII1.40x
Retail4.31x

Divgi TorqTransfer Systems Limited IPO was subscribed 5.44x in total when bidding closed on 03 Mar 2023, with 7.83x in the QIB category, 1.40x in NII, 4.31x in retail. The issue ran from 01 Mar 2023 to 03 Mar 2023 at a price band of ₹560.00–₹590.00 per share.

QIB7.83xNII1.40xRetail4.31xTotal5.44x1×

Times subscribed by category against the 1× line.

5
≈ 1 in 5 retail allotment
low allotment chance

Based on retail subscription (4.31x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs20,95,5281,64,07,9847.83x
NIIs10,47,76314,66,8681.40x
SNIIs (<10L)3,49,2558,41,7052.41x
BNIIs (>10L)6,98,5086,21,6720.89x
Retail6,98,50930,10,5744.31x
Total38,41,8002,08,99,3925.44x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs123.64968.077.83x
NIIs61.8286.551.40x
Retail41.21177.624.31x
Total226.671232.245.44x

Values derived from share count × issue price (₹590.00)

What this means for allotment & listing

Because Divgi TorqTransfer Systems Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Divgi TorqTransfer Systems Limited IPO subscription FAQs