Divgi TorqTransfer Systems Limited IPO Message Board (Page 14)

10L FIX 4000
2+ IN SUB TO 38
PREMIUM 58

Digital Torg Transfer Systems Ltd
GMP 60 Buyer @ 6:25pm @ 25 Feb
Good Start 👍

@kappo Bhai
Es forum pe padh padh kar etni gujrathi mujhe bhi samaz rahi hai.

@kappo yes i heard that name in past...
@smile 😉

Issue size 400 cr around
Prince band 580 around

@HCHC mota bhai approx ipo price ??

Issue size ~400 crore
Fresh 180 + Ofs 220 crore
Price ~580
premium 58-63

New season of mainboard is starting, Following are few tips for newcomers.
1. Third party applications are ruled out. PAN from demat and bank must be same.
2. There is no problem in minor changes in name. Finalization of allotment is on the basis of PAN.
3. Prefer ASBA over UPI. It has no any special advantage during allotment but reduces chance of technical rejections. Benefit if is, UPI gives additional time to apply.
4. When issue is over subscribed, apply only for one lot in retail. In overubscribed IPO no one can get more than one lot.
5. Always apply at higher price band.
6. To increase chance of allotment open demat for all your family members. Guide them to handle.
7. When you are applying manually through the branch, do not use photocopy of application form. Each application must have different application number.
Categories:
1. Individual investor can apply in categories namey RII and NII.
2. Allotment in both categories in done on the basis of lottery when issues oversubscribed. Method of allotment is different than SMEs.
2. NII have two sub categories.
a) from 2L to 10L sHNI/ sNII
b) above 10L bHNI/ bNII
Here allotment is similar to retail. Both categories will get allotment of equal 2L rupees (generally 14 lots)
c) Do not select cut off price in NII.

Thanks for info. How allotment is done in SME IPO? Does applying with big money help?

SME, for retail allotment is similar as mainboards but for NII allotment is on proportional basis hence higher amount applications may get extra chance of allotment.

Though a profit making company, has kept only 10% quota for retail investors. I think, they are not sure about response from them.

@ipo share
This 10% retail quota thing for ipo of a profitable company is discussed few times in this forum.I am mentioning again the same thing.

""Our Company is eligible for the Offer in accordance with Regulation 6(2) of the SEBI ICDR Regulations, which states as follows:“An issuer not satisfying the condition stipulated in sub-regulation (1) shall be eligible to make an initial public offer only if the issue is made through the book-building process and the issuer undertakes to allot at least seventy five per cent. of the net offer to qualified institutional buyers and to refund the full subscription money if it fails to do so.”Our Company is not eligible for the Offer in accordance with Regulation 6(1) of the SEBI ICDR Regulations as it held more
than 50% of the net tangible assets as monetary assets.""

Ref pdf page no 308 of RHP of this ipo.

""Eligibility requirements for an initial public offer
6. (1) An issuer shall be eligible to make an initial public offer only if: a) it has net tangible assets of at least three crore rupees, calculated on a restated and consolidated basis, in each of the preceding three full years (of twelve months each), of which not more than fifty per cent. are held in monetary assets: Provided that if more than fifty per cent. of the net tangible assets are held in monetary
assets, the issuer has utilised or made firm commitments to utilise such excess monetary
assets in its business or project;Provided further that the limit of fifty per cent. on monetary assets shall not be applicable
in case the initial public offer is made entirely through an offer for sale.b) it has an average operating profit of at least fifteen crore rupees, calculated on a restated and consolidated basis, during the preceding three years (of twelve months each), with operating profit in each of these preceding three years;c) it has a net worth of at least one crore rupees in each of the preceding three full years (of twelve months each), calculated on a restated and consolidated basis; d) if it has changed its name within the last one year, at least fifty per cent. of the revenue, calculated on a restated and consolidated basis, for the preceding one full year has been earned by it from the activity indicated by its new name.
(2) An issuer not satisfying the condition stipulated in sub-regulation (1) shall be eligible tomake an initial public offer only if the issue is made through the book-building process and
the issuer undertakes to allot at least seventy five per cent. of the net offer to qualified
institutional buyers and to refund the full subscription money if it fails to do so.""

Ref-Pdf page 15 of sebi icdr regulations 2022.

ISSUE DATE HAS DECLARED BUT AMOUNT NAD PRICE NOT SO FAR .
ARE THE LM IS ANALYSING RESPONSE FROM US THEN DECLARE THE PRICE ......

Fv 5
Wait 4 price band

Small size IPO

👉 Divgi TorqTransfer IPO 👈

Open: 01 March 2023
Close: 03 March 2023
Face Value: Rs 5

QIB: 75%
NII: 15%
Retail: 10%

Allotment: 09 March 2023
Refund: 10 March 2023
Credit: 13 March 2023
Listing: 14 March 2023

Divgi TorqTransfer Systems Ltd IPO
Dates Officially Confirmed
Issue opening 1st March
lssue closing 3rd march

Divgi Torq IPO issue opening march 1st and closing march 3rd (Tentative)

It’s confirm now

Sai Silks Kalamandir Limited

SSKL ipo coming soon.
Expecting in the month of March

SSKL means?

Sai Silks Kalamandir

Even after 60 years in business, company's revenue is under ₹ 300 crs.

Retail have lost interest in Main line IPO...they have moved to SME

Divgi may brought them back. Valuation needs to be seen. Otherwise looks very good.

@learner hopefully they will fix a decent valuation.

In this opposite to signature global .
Here profit increases year on year and debt decreases simultaneously.
In signature losses increase year on year and debt increases year on year .

Retail Only 10%

@MVP where is the loss?

@MVP there's is a increase in revenue and decrease in debts. Where is the loss?

Welcome one more New arrival