Diensten Tech Limited IPO
- IPO Date26 Jun, 2024 to 28 Jun, 2024
- Listing Date03 Jul, 2024
- Face Value₹10 per share
- Issue Price₹95 to ₹100 per share
- Lot Size1200 Shares
- Minimum Investment₹1,20,000
- Listing AtNSE SME
- Total Issue Size22,08,000 Shares
(aggregating up to ₹22.08 Cr) - Fresh Issue22,08,000 Shares
(aggregating up to ₹22.08 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue60,52,646
- Shareholding post issue82,60,646
IPO Dates
Closing Date
28 Jun, 2024
Initiation of Refunds
02 Jul, 2024
Listing Date
03 Jul, 2024
26 Jun, 2024
Opening Date
01 Jul, 2024
Basis of Allotment
02 Jul, 2024
Credit of Shares
Diensten Tech Limited Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| S-HNI (Min) | - | - | - |
| Retail (Min) | 1 | 1200 | ₹1,20,000 |
| B-HNI (Min) | - | - | - |
| Retail (Max) | 1 | 1200 | ₹1,20,000 |
| S-HNI (Max) | - | - | - |
Diensten Tech Limited Promoter Holding
J. K. Traders Limited, Mr. Abhishek Singhania, Mr. Vipul Prakash, and Ms. Tina Prakash are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 95.5% | 69.97% |
Diensten Tech Limited COMPANY INFORMATION
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 will list on NSE SME with tentative listing date fixed as Wednesday, July 3, 2024. Diensten Tech IPO price band is set at ₹95 to ₹100 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹120,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹240,000. 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. The market maker for Diensten Tech IPO is Share India Securities. Refer to Diensten Tech IPO RHP for detailed information.
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.
Analysis of Diensten Tech Limited IPO
The Initial Public Offering (IPO) of Diensten Tech Limited is a critical event in the company's history, and it's essential to understand the various facets of this public offering. This analysis provides a detailed breakdown of the IPO, highlighting the pros and cons, and offering insights for potential investors.
Summary of Diensten Tech Limited IPO
Diensten Tech Limited, a company involved in [specific industry or business area if mentioned], has announced its IPO to raise capital. The IPO document outlines the company's business model, financial health, risk factors, and growth strategies. This summary encapsulates the most crucial aspects of the IPO, providing potential investors with the necessary information to make informed decisions.
Key Highlights of the Diensten Tech Limited IPO
- Business Model: Diensten Tech Limited operates in [industry] and offers [products/services]. The company aims to expand its market presence through the funds raised from the IPO.
- Financial Health: The document provides an in-depth look at the company's financial statements, revealing [specific financial metrics, if mentioned].
- Risk Factors: Several risks are associated with investing in this IPO, including [specific risks highlighted in the document].
- Growth Strategies: The company plans to use the IPO proceeds to [growth plans, such as expansion, R&D, debt repayment, etc.].
Pros and Cons of Diensten Tech Limited IPO
Pros
- Expansion Opportunities: The IPO will provide the necessary funds for Diensten Tech Limited to expand its operations, potentially leading to increased market share and revenue.
- Financial Transparency: The company’s financials have been made public, offering transparency to potential investors.
- Market Position: Diensten Tech Limited holds a [strong/moderate] position in the market, which could be strengthened through the capital raised in the IPO.
Cons
- Market Risks: The industry in which Diensten Tech Limited operates is highly competitive, and market volatility could impact the company’s performance post-IPO.
- Dilution of Shares: The issuance of new shares might dilute the value of existing shares, affecting current shareholders.
- Regulatory Risks: The company is subject to various regulations that could impact its operations and profitability.
Revenue and Profitability
Diensten Tech Limited has reported [specific revenue figures, growth rate, profitability metrics]. This section of the analysis delves into the company’s ability to generate income and manage expenses.
Debt and Liabilities
The company’s debt levels are [low/moderate/high], which could influence its financial stability. The IPO proceeds might be used to reduce this debt, improving the company’s balance sheet.
Cash Flow
Cash flow management is crucial for Diensten Tech Limited, especially post-IPO. The document outlines how the company plans to use the incoming funds to ensure healthy cash flow.
Risk Factors to Consider
Market Volatility
Investors should be aware of the potential for market fluctuations that could affect the stock price of Diensten Tech Limited.
Regulatory Environment
The company operates in a sector that is subject to stringent regulations, which could pose risks to its operations and financial performance.
Competitive Landscape
Diensten Tech Limited faces significant competition from other companies in the [industry]. The IPO proceeds will be crucial in maintaining and enhancing its competitive edge.
Conclusion
The Diensten Tech Limited IPO offers a mix of opportunities and risks. While the potential for growth is evident, investors must carefully weigh the risks associated with market volatility, regulatory challenges, and competition. Thorough due diligence is recommended for those considering participating in this IPO.
FAQs About Diensten Tech Limited Ipo
Diensten Tech Limited IPO will open on 26 Jun, 2024 and close on 28 Jun, 2024. Investors must apply within this period to participate.
The Diensten Tech Limited IPO price band is set between ₹95.00 and ₹100.00 per share. The minimum lot size is 1200, requiring an investment of at least ₹120000.00.
The Diensten Tech Limited IPO shares are expected to be listed on 03 Jul, 2024, subject to regulatory approvals and final allotment.
You can track your Diensten Tech Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Diensten Tech Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.