What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Diensten Tech Limited IPO?

Diensten Tech Limited IPO has received a total subscription of 54.01 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Diensten Tech Limited

ListedSME

Information Technology · NSE

Diensten Tech Limited, formerly JKT Consulting Limited, was established in 2007 and specializes in IT professional resourcing, IT consulting, IT training, and software AMC services. The company provides a broad range of IT support and consulting solutions across industries such as IT, banking, automotive, telecommunications, healthcare, retail, and entertainment. Additionally, Diensten Tech offers corporate training programs covering technical and soft skills, ERP and business application training, disaster management, and CSR initiatives. By the end of 2023, the company had expanded its workforce to 458 employees, reinforcing its position as a key player in the IT services sector.

Price Band

₹95 – ₹100

Issue Size

₹22.08 Cr

Lot Size

1200 shares

GMP

₹70

+70.0%

Est. Listing

₹170

at current GMP

Subscribed

54.01x

overall

Open

26 Jun 2024

28 Jun 2024

Allotment

1 Jul 2024

Refund

2 Jul 2024

Demat Credit

3 Jul 2024

Listing

3 Jul 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

54.01x

Total Demand

QIB Multiplier

9.60x

Institutions & Funds

NII / HNI

155.34x

High Net-Worth

Retail (RII)

35.87x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 54.01x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	420,000	4,033,200	9.60x
NIB	315,600	49,024,800	155.34x
RETAIL	734,400	26,342,400	35.87x
Total	1,470,000	79,400,400	54.01x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 40.16x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	644	23,100	35.87x
HNIs (10L +)	4	621	155.34x
HNIs (2-10L)	20	3,107	155.34x
Total Applications	668	26,828	40.16x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Diensten Tech Limited Public Issue & Market Profile

Diensten Tech Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹22.08 Crores. The shares are offered at a price band of ₹95 to ₹100 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-06-28, the basis of allotment is scheduled to be finalized on 2024-07-01. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Diensten Tech Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Diensten Tech Limited IPO is ₹70 per equity share. Based on the upper price band of ₹95 to ₹100 per equity share, the estimated listing price is ₹170 (+70.0% expected listing gain).

What is the expected profit per lot for Diensten Tech Limited IPO?

With a lot size of 1200 shares and current GMP of ₹70, the expected profit per application lot is approx ₹84,000 (+70.0% gain). Minimum application cost is approx ₹1,20,000.

What is the issue size and price band for Diensten Tech Limited IPO?

The Diensten Tech Limited IPO aggregate issue size is ₹22.08 Crores with an equity price band set at ₹95 to ₹100 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,20,000.

How can I check Diensten Tech Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 54.01x (Retail: 35.87x, QIB: 9.60x, NII: 155.34x). You can track live multiples directly on our dedicated subscription page.

Where and when will Diensten Tech Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-07-01. Investors can verify status using PAN card or application number.

When is the listing date for Diensten Tech Limited IPO?

Diensten Tech Limited shares are scheduled to list on NSE on 2024-07-03.