Diensten Tech IPO GMP

"A girl standing against a red wallpaper with the Diensten Tech logo. The logo is under a circle, symbolizing the business's offerings: IT professional resourcing, IT consulting, IT training, software AMC services, and upcoming initial public offerings with their grey market prices.

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Diensten Tech Limited, founded in 2007 and formerly known as JKT Consulting Limited, offers a range of IT services and training programs. Their services include IT support and consulting across various sectors like banking, finance, healthcare, and more. They also provide corporate training in both technical skills, such as ERP and business applications, and soft skills, including behavioral training and disaster management. Additionally, they offer specialized programs like induction training, domain-specific training, and educational tourism.

Diensten Tech IPO Overview

Diensten Tech is planning to raise ₹22.08 crores through IPO, the entire IPO is a fresh issue and the price band is ₹95 -₹100. The IPO will be open from June 26 to June 28. Share allotment is expected to be completed by July 1, 2024 and shares are scheduled to be listed on NSE SME segment by July 3, 2024.

Currently, Diensten Tech’s promoters own 95.50% of the company however promoters holding will decrease post listing to 69.97%. For the IPO Kfin Technologies will handle the IPO registration.

Diensten Tech IPO GMP

As of June 26, Diensten Tech IPO has a Grey Market Premium of ₹0. With the upper price band set at ₹100, the estimated listing price is ₹100 (Upper price band + today’s GMP). Indicating a gain of 0% per share.

Stay tuned with Trade Target for daily updates on Diensten Tech IPO GMP and the expected listing price.

  • Date: 1– July – 2024
  • Diensten Tech GMP: ₹45 (45%)

  • Date: 30– June – 2024
  • Diensten Tech GMP: ₹30 (30%)

  • Date: 29– June – 2024
  • Diensten Tech GMP: ₹30 (30%)

  • Date: 28– June – 2024
  • Diensten Tech GMP: ₹30 (30%)

  • Date: 27– June – 2024
  • Diensten Tech GMP: ₹0 (0%)

  • Date: 26– June – 2024
  • Diensten Tech GMP: ₹0 (0%)

How can one apply for Diensten Tech IPO?

For retail investors minimum investment starts with 1 lot including 1200 shares at a cost of ₹120,000 and this is the maximum limit for retail investors to apply in Diensten Tech IPO.

For HNIs minimum investment in Diensten Tech’s IPO is set at 2 lots which include 2400 shares and costs ₹240,000.

Application Lots Shares Amount
Retail (Min)
1
1200
₹120,000
Retail (Max)
1
1200
₹120,000
S-HNI (Min)
2
2400
₹240,000

Diensten Tech IPO Financial

As of March 31, 2023, Diensten Tech reported a profit after tax of ₹16.06 lakhs. This marks an increase from the previous year’s PAT of ₹1.45 lakhs as of March 31, 2022. However, it is a decline compared to the PAT of ₹117.07 lakhs reported on March 31, 2021.

Period Ended 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets  in (₹ Lakhs)
1,504.81
203.66
370.24
Revenue (₹ Lakhs)
3,760.31
76.53
525.06
PAT (₹ Lakhs)
16.06
1.45
117.07

Diensten Tech Vs Peers

Diensten Tech has the lowest EPS among its peers, higher EPS is always considered good.

Company EPS Basic P/E(x)
Diensten Tech Limited
0.29
-
Ani Integrated Services Limited
2.55
59.96
Integrated Personnel Services Ltd
5.71
28.01

Diensten Tech IPO Quota allocation

Expected Listing Date for Diensten Tech IPO

Happy investing and thank you for reading!
Disclaimer: This website content is only for educational purposes, not investment advice. Before making any investment, it’s important to do your own research and be fully informed. Investing in the stock market includes risks, and you should carefully read the Risk Disclosure documents before proceeding. Please remember that past performance doesn’t guarantee future results, and due to market fluctuations, your investment goals may not always be achieved.
Posted in IPO SME IPO

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