Diensten Tech Limited
smelistedAbout the company
## **About Diensten Tech Limited** Founded in 2007, Diensten Tech Limited is into the business of Information Technology (‘IT’) professional resourcing, IT Consultancy, IT Training and Software AMC. They connect their clients to individuals with a specific IT skill set, manage capacity across a team, or deliver in-house technology experts to take client project to full delivery. They are a next-generation IT consultancy service provider that helps enterprises reimagine their businesses for the digital age. They provide end-to-end professional solutions to make large companies and organizations more competitive by combining in-depth knowledge of a wide range of business sectors and innovative technologies with a fully collaborative approach. They are a lifelong learning partner for enterprises, helping them build skills in emerging technologies at scale. Their Corporate Training division helps build innovative learning modules for organizations in the workplace by structuring a smarter workforce, supporting changes and driving growth. They have executed Business Transfer Agreements with Klaus IT Solutions Private Limited and Skandha IT Services Private. These agreements have enabled them to acquire more clients leading to an increase in revenues. They have been providing technical consultancy, training, software services and other services to large corporates of the country, multinational companies, small and medium enterprises of diversified sectors. The foundation lies in their strong culture amongst the skilled and professional resources that are trained, upgraded and equipped with the best modern technology to ensure top quality customer services. Some of their prestigious clients are Illumina Technology Solutions LLC, Mobiquest Mobile Technologies Pvt. Ltd, ONE97 Communications Limited, Thomas Cook (India) Ltd, Capgemini Technology Services India Ltd, Tata Consultancy Services Limited, Maruti Suzuki India Ltd, Schenker India Pvt Ltd, Motherson Technology Services Limited and Pepsico Global Business Services India LLP. The Registered office of the company is located at New Delhi, India. Diensten Tech Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives. 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. 1. To meet out the Working Capital requirements of the Company; 1. To meet out the General Corporate Purposes; and 1. To meet out the Issue Expenses.
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
Completed26 Jun 2024Bidding starts for all investor categories
IPO Closes
Completed28 Jun 2024Last day to place your bid
Basis of Allotment
Completed28 Jun 2024Share allotment finalised
Refund Initiation
Completed02 Jul 2024Refunds credited for non-allottees
Credit to Demat
Completed01 Jul 2024Allotted shares credited to demat account
Listing on Exchange
Completed03 Jul 2024Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 1200 | ₹120,000 | 1 | ₹120,000 | 1 lot only |
| HNI | 2 | 2400 | ₹240,000 | 2 | ₹240,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 1,132,308 | 11.04 | 0 | 0.00x | 100% |
| NII | 15% | 339,692 | 3.31 | 0 | 0.00x | 100% |
| Retail | 35% | 792,615 | 7.73 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
