Diensten Tech IPO Details ( Diensten Tech Limited IPO Review )
(26 June 2024 – 28 June 2024)
Diensten Tech Limited, previously known as JKT Consulting Limited, was established in 2007. The company specializes in IT professional resourcing, IT consulting, IT training, and software AMC services.
Their services include:
IT Support and Consulting
Diensten Tech offers a range of IT services, including professional resourcing, consulting, and software AMC, across various sectors such as:
- Information Technology
- Banking and Finance
- Automotive and Engineering
- Telecommunications
- Healthcare
- Retail
- Entertainment
Corporate Training
The company provides both technical and soft skills training, covering areas like:
- ERP and business applications
- Behavioral skills
- Induction/onboarding
- Domain-specific knowledge
- Training and deployment
- CSR implementation programs
- Disaster and safety management
- Learning solutions
- Educational tourism
As of December 31, 2023, Diensten Tech Limited employs 458 people.
Diensten Tech IPO Financials Performance ( Results )
Diensten Tech Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 370.24 | 525.06 | 117.07 | -111.72 | -197.72 | 344.12 |
| 31-Mar-22 | 203.66 | 76.53 | 1.45 | 139.99 | -196.27 | |
| 31-Mar-23 | 1,504.81 | 3,760.31 | 16.06 | 425.05 | -180.21 | 280.00 |
| 31-Dec-23 | 3,019.89 | 2,620.92 | -171.70 | 253.34 | -351.92 | 1,847.67 |
Objective of Diensten Tech IPO Issue
- 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.
- To meet the Working Capital requirements of the Company;
- To meet out the General Corporate Purposes; and
- To meet out the Issue Expenses.
Diensten Tech IPO Basic Details
| IPO Date | June 26, 2024 to June 28, 2024 |
| Listing Date | Wednesday, July 3, 2024 |
| Face Value | ₹10 per share |
| Price | ₹95 to ₹100 per share |
| Lot Size | 1200 shares |
| Issue Size | 2,208,000 shares (aggregating up to ₹22.08 Cr) |
| Fresh Issue | 2,208,000 shares (aggregating up to ₹22.08 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 6,052,646 |
| Share holding post issue | 8,260,646 |
| Company Promoters | J. K. Traders Limited, Mr. Abhishek Singhania, Mr. Vipul Prakash, and Ms. Tina Prakash |
Diensten Tech IPO Reservation
| Anchor Investor Shares Offered | 28.42% of the Net Issue |
| Market Maker Shares Offered | 5.00% of the Net Issue |
| QIB Shares Offered | 19.02% of the Net Issue |
| NII (HNI) Shares Offered | 14.29% of the Net Issue |
| Retail Shares Offered | 33.26% of the Net Issue |
| Total Shares Offered | 100.0% of the Net Issue |
Diensten IPO Timetable
Diensten IPO will open on June 26, 2024 and close on June 28, 2024. You can join Diensten IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 26 June 2024 (Wednesday) |
| Closing Date | 28 June 2024 (Friday) |
| Basis of Allotment | 1 July 2024 (Monday) |
| Initiation of Refunds | 2 July 2024 (Tuesday) |
| Credit of Shares to Demat | 2 July 2024 (Tuesday) |
| Listing Date | 3 July 2024 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 28 June 2024 |
Diensten Tech IPO Lot Size
For retail investors in Diensten Tech IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹120,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹120,000.
| 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 Promoter Holding
The company’s promoters include J. K. Traders Limited, Mr. Abhishek Singhania, Mr. Vipul Prakash, and Ms. Tina Prakash.
| Pre Issue Share Holding | 95.50% |
| Post Issue Share Holding | 69.97% |
Diensten Tech Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Earning Per Share (EPS) | ₹0.29 per Equity Share |
| Net Asset Value (NAV) | ₹7.02 per Equity Share |
| Return on Net Worth (RoNW) (%) | -67.77 |
| Return on equity (ROE) (%) | -67.50 |
| Return on Capital Employed (ROCE) (%) | -20.74 |
| Debt/Equity Ratio | 7.29 |
Diensten Tech IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹65 | – | – |
| 2 July 2024 | ₹65 | – | – |
| 1 July 2024 | ₹65 | – | – |
| 30 June 2024 | ₹60 | – | – |
| 29 June 2024 | ₹60 | – | – |
| 28 June 2024 | ₹50 | – | – |
| 27 June 2024 | ₹50 | – | – |
Diensten Tech IPO Detail Video:
link
Diensten Tech IPO Subscription Status (Bidding Detail)
The Diensten Tech IPO on June 28, 2024 at 7:02:00 PM was subscribed 53.94 times, with the retail category being subscribed 35.87 times, the NII (Non-Institutional Investor) category being subscribed 154.99 times, QIB (Qualified-Institutional Buyers) category being subscribed 9.60 times.
| Category | Subscription |
| QIB | 9.60x |
| NII | 154.99x |
| Retail | 35.87x |
| Total | 53.94x |
Diensten Tech IPO Prospectus
| Diensten Tech IPO DRHP | Download |
| Diensten Tech IPO RHP | Download |
| Diensten Tech IPO Anchor Investors Details PDF | Download |
Diensten Tech IPO Rating
| Our Rating | 3.0/5.0 |
Diensten Tech Company Contact Information
Diensten Tech Limited
Corporate Identification Number: U74140DL2007PLC160160
Registered Office: 7th Floor, A-2, L.S.C., Masjid Moth, Greater Kailash-II, New Delhi-110048
Corporate Office: F-3, Sector-3, Noida, Uttar Pradesh-201301, India
Website: www.dienstentech.com
E-mail: cs@jkdtl.com
Tel: 011-40562187
Company Secretary and Compliance Officer: Ms. Vibha Wadhva
Promoters : M/s. J. K. Traders Limited, Mr. Abhishek Singhania, Mr. Vipul Prakash and Ms. Tina Prakash
Diensten Tech IPO Registrar
KFin Technologies Limited
Registered Office: Selenium Tower B, Plot 31 & 32, Financial District, Nanakramguda, Serilingampally Hyderabad, Rangareddi – 500032, Telangana, India
Tel: +91 4067162222/18003094001
Email : dtl.ipo@kfintech.com
Website: www.kfintech.com
Contact Person : Mr. M. Murali Krishna
SEBI Registration No.: INR000000221
CIN : L72400TG2017PLC117649
Diensten Tech IPO Lead Manager
Corporate Professionals Capital Private Limited
Registered Office: D-28, South Extension Part-1, New Delhi-110049, India
Tel: 011-40622230/ 40622251
Email: dtl.ipo@indiacp.com; Investor grievance
Email: mb@indiacp.com
Website: www.corporateprofessionals.com
Contact person: Ms Anjali Aggarwal
SEBI Registration No.: INM000011435
CIN: U74899DL2000PTC104508
Diensten Tech IPO FAQs
What is the lot size of Diensten Tech IPO?
The total size of Diensten Tech IPO is ₹22.08 crores and this is a complete fresh Issue.
When will Diensten Tech IPO start?
Diensten Tech IPO will open from 26 June 2024 and IPO will close on 28 June 2024.
What is the open date of Diensten Tech IPO?
Diensten Tech IPO will open date from 26 June 2024.
What is the last date ( close date ) of Diensten Tech IPO?
Diensten Tech IPO will close from 28 June 2024.
What is the price band of Diensten Tech IPO?
Diensten Tech IPO price band is ₹95 to ₹100. ( Upper Price Band: ₹100, Lower Price Band: ₹95 )
What is the minimum amount required to apply for Diensten Tech IPO?
The minimum investment for retailers to apply for Diensten Tech IPO is ₹120,000 and the maximum investment is ₹120,000.
What is going on gray market premium of Diensten Tech IPO?
View gray market premium of Diensten Tech IPO by Clicking Here
How much is the GMP of Diensten Tech IPO?
Watch Diensten Tech IPO GMP Today: Click Here
What is the allotment date of Diensten Tech IPO?
The allotment date of Diensten Tech IPO is 1 July 2024.
How to check allotment status in Diensten Tech IPO?
To check the allotment status of Diensten Tech IPO, first of all go to the registrar website by clicking here, select your bad Diensten Tech IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Diensten Tech IPO?
The listing date of Diensten Tech IPO is 3 July 2024.
How much will be the listing gain in Diensten Tech IPO?
View listing gain of Diensten Tech IPO by Clicking Here
How much time Diensten Tech IPO is subscribed?
Total 53.94 times subscribed in Diensten Tech IPO out of which 35.87 times subscription was done in retail quota, 154.99 times subscription in NII quota and 9.60 times subscription in QIB quota.
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How to apply for Diensten Tech IPO from Angle One?
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