Diensten Tech IPO Details: Diensten Tech has announced the dates for its upcoming Initial Public Offering (IPO). The IPO subscription period is scheduled to commence on June 26 and conclude on June 28. This IPO, targeted at the NSE SME segment, aims to raise ₹22.08 crores. Investors can participate within a price band of ₹95 to ₹100 per share, with a market lot of 1200 shares.
Diensten Tech specializes in Information Technology (IT) professional resourcing, consultancy, training, and software AMC services. They excel in connecting clients with skilled IT professionals, managing team capacities, and providing in-house technology experts to ensure successful project deliveries.
As a next-generation IT consultancy service, Diensten Tech helps enterprises transform their operations for the digital era. Their comprehensive solutions enhance competitiveness by merging deep sectoral expertise with cutting-edge technologies, fostering collaborative partnerships throughout the process. They are committed to lifelong learning, empowering enterprises to develop proficiency in emerging technologies at scale. Through their Corporate Training division, they design innovative learning modules that empower organizations to adapt, grow, and drive transformative change in the workplace.
Diensten Tech’s extensive portfolio includes IT skilled staffing solutions, development services, and capacity building, delivered by a highly trained workforce deployed nationwide based on client agreements. They have established a robust presence in the Indian market, serving a diverse clientele ranging from large corporations and multinationals to small and medium enterprises across various sectors.
Diensten Tech IPO Objectives:
The objectives of the Issue include:
- Settling liabilities related to the acquisition of the “Professional Services and Training Division” business from J K Technosoft Limited, pursuant to the Business Transfer Agreement dated April 30, 2022.
- Fulfilling the Company’s working capital requirements.
- Addressing general corporate purposes.
- Covering the expenses associated with the Issue.
Diensten Tech IPO Review (Apply or Not)
- Update Soon:
Diensten Tech IPO Date & Price Band Details:
| IPO Open: | June 26, 2024 |
| IPO Close: | June 28, 2024 |
| IPO Size: | Approx ₹22.08 Crores, 2,208,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹95 to ₹100 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Diensten Tech IPO Lot Size:
The minimum market lot for the Diensten Tech IPO consists of 1200 shares, requiring an application amount of ₹120,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹120,000 |
| Retail Maximum | 1 | 1200 | ₹120,000 |
| S-HNI Minimum | 2 | 2400 | ₹240,000 |
Diensten Tech IPO Timeline:
| IPO Open Date: | June 26, 2024 |
| IPO Close Date: | June 28, 2024 |
| Basis of Allotment: | July 1, 2024 |
| Refunds: | July 2, 2024 |
| Credit to Demat Account: | July 2, 2024 |
| IPO Listing Date: | July 3, 2024 |
Diensten Tech IPO GMP Today:
GMP for Diensten Tech SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.
Diensten Tech Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹5.25 | ₹3.62 | ₹1.17 |
| 2022 | ₹0.77 | ₹0.70. | ₹0.01 |
| 2023 | ₹37.60 | ₹37.38 | ₹0.16 |
| Dec 2023 | ₹26.21 | ₹28.56 | ₹1.72 |
Diensten Tech IPO Valuation – FY2023
Check Diensten Tech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹0.29 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 3.78% |
| Net Asset Value (NAV): | ₹7.02 per Equity Share |
Peer Group
- ANI Integrated Services Limited
- Integrated Personnel Services Limited
Company Promoters
- J. K. Traders Limited
- Mr. Abhishek Singhania
- Mr. Vipul Prakash
- Ms. Tina Prakash
Diensten Tech IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: dtl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Diensten Tech IPO Allotment Status
Check Diensten Tech IPO allotment status on Kfin Technologies website URL. Click Here
Diensten Tech IPO Lead Managers aka Merchant Bankers
- Corporate Professionals Capital Private Ltd
Company Address
Diensten Tech Limited
7 th Floor, A-2,
L.S.C., Masjid Moth,
Greater Kailash-II, New Delhi – 110048
Phone: 011-40562187
Email: cs@jkdtl.com
Website: http://www.dienstentech.com/
Diensten Tech IPO FAQs
1. What is the IPO date for Diensten Tech?
- The IPO for Diensten Tech will open on June 26 and close on June 28.
2. What is the price band for the Diensten Tech IPO?
- The price band for the Diensten Tech IPO is set at ₹95 to ₹100 per share.
3. What is the minimum market lot size for the Diensten Tech IPO?
- The minimum market lot size is 1200 shares.
4. How much do I need to apply for the Diensten Tech IPO?
- Investors need to apply for a minimum of ₹120,000 worth of shares (based on the minimum market lot size and price band).
5. What are the objectives of the IPO proceeds?
- The proceeds from the IPO will be used for:
- Settling liabilities related to the acquisition of the “Professional Services and Training Division” from J K Technosoft Limited.
- Meeting the working capital requirements of the Company.
- General corporate purposes.
- Covering the expenses associated with the IPO.
6. In what sectors does Diensten Tech operate?
- Diensten Tech operates in Information Technology (IT) professional resourcing, IT consultancy, IT training, and software AMC (Annual Maintenance Contract) services.
7. How does Diensten Tech differentiate itself in the market?
- Diensten Tech positions itself as a next-generation IT consultancy service provider, focusing on helping enterprises navigate the digital age by combining deep sector knowledge with innovative technology solutions.
8. Where can I find more details about the Diensten Tech IPO?
- More details about the Diensten Tech IPO, including the prospectus and subscription process, can be found on the National Stock Exchange (NSE) or through registered brokers and financial advisors.
