Divgi TorqTransfer Systems Limited
ListedMainboardAutomobile & Auto Components · NSE / BSE
Incorporated in 1964, Divgi TorqTransfer Systems Limited is a leading automotive component manufacturer in India, specializing in system-level transfer cases, torque couplers, and dual-clutch automatic transmission (DCT) solutions. The company is one of the largest suppliers of transfer case systems to passenger vehicle OEMs in India and the only Indian manufacturer exporting transfer cases to global OEMs. Its product portfolio includes torque transfer systems (4WD and AWD), synchronizer systems for manual and DCT transmissions, and components for these systems, including EV applications. Additionally, Divgi has developed advanced solutions such as transmission systems for EVs, DCT systems, and rear-wheel-drive manual transmissions, positioning itself as a comprehensive systems-level solution provider and component supplier to both domestic and international automotive manufacturers
Price Band
₹560 – ₹590
Issue Size
₹412 Cr
Lot Size
25 shares
GMP
₹8
+1.4%
Est. Listing
₹598
at current GMP
Subscribed
5.44x
overall
Open
1 Mar 2023
Close
3 Mar 2023
Allotment
9 Mar 2023
Refund
10 Mar 2023
Demat Credit
11 Mar 2023
Listing
14 Mar 2023
Last updated 12 days ago
Official Registrar Verification
Divgi TorqTransfer Systems Limited Allotment Status
Designated Registrar: Link Intime India Private Limited
Allotment Date
9 Mar 2023
Basis finalization
Refunds Initiate
10 Mar 2023
Mandate release
Demat Credit
11 Mar 2023
Shares in demat
Listing Debut
14 Mar 2023
Trading begins
How to Check Divgi TorqTransfer Systems Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
- Select Divgi TorqTransfer Systems Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Divgi TorqTransfer Systems Limited Public Issue & Market Profile
Divgi TorqTransfer Systems Limited is bringing an initial public offering (IPO) in the Automobile & Auto Components sector with an aggregate issue size of ₹412.12 Crores. The shares are offered at a price band of ₹560 to ₹590 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 25 shares (approx. ₹14,750 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-03-11, while un-allotted funds or UPI block mandates will be released on 2023-03-10.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.