IPO Issue Details
Issue Price / Price Band₹100 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size22,08,000 shares (aggregating up to ₹22.08 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 26 Jun 2024
Subscription CloseFri, 28 Jun 2024
Anchor AllotmentTue, 25 Jun 2024
Basis of AllotmentMon, 01 Jul 2024
Initiation of RefundsTue, 02 Jul 2024
Credit of Shares to DematTue, 02 Jul 2024
Listing DateWed, 03 Jul 2024
UPI Mandate Deadline2024-06-28
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 1,200 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 2,400 shares
EPS (Pre-IPO)₹0.29
P/E Ratio (Pre-IPO)344.83x
Net Offer to Public20,97,600 shares (aggregating up to ₹20.98 Cr)
Reserved for Market Maker1,10,400 shares (aggregating up to ₹1.10 Cr)
Pre-IPO Promoter Holding60,52,646 shares
Post-IPO Promoter Holding82,60,646 shares
About Diensten Tech Ltd
Diensten Tech Limited, formerly known as JKT Consulting Limited, was founded in 2007 and provides information technology (IT) professional resourcing, IT consulting, IT training and software AMC services.The company's list of services includes:IT support and consulting services: Under this framework, the company provides comprehensive IT professional resourcing, IT consulting, and software AMC services in various industries, namely information technology, banking and finance, automotive and engineering, telecommunications, healthcare, retail and entertainment.Corporate training services: In this area, the company offers both technical and soft skills-based training services. These include ERP and business application training, behavioral training, induction/onboarding training, domain-specific training, training and deployment, CSR implementation programs, disaster and safety management training, learning solutions, and educational tourism.As of December 31, 2023, the company had 458 employees.
Objects of the Issue
Diensten Tech Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Payment of liability raised against outstanding payment of consideration for "Professional Services and Training Division" business acquired from J K Technosoft Limited, vide Business Transfer Agreement Dated April 30, 2022.
2
to meet the Working Capital requirements of the Company;
3
To meet out the General Corporate Purposes; and
4
To meet out the Issue Expenses.
Shareholding & Lock-in
Pre-IPO Promoter Holding
60,52,646 shares
Post-IPO Promoter Holding
82,60,646 shares