Diensten Tech Limited (NSE SME)
Jun 26, 2024 - Jun 28, 2024
| Price | ₹95 - ₹100 |
| Premium | ₹70 |
|---|---|
| Lot size | 1200 |
| Allotment | Jul 1, 2024 |
| Listing | Jul 3, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 120000 | 612 |
| HNI | 2 | 2400 | 240000 | 263 |
Last updated on 28-Jun-2024 17:03:06
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 420000 | 4033200 | 9.6 |
| NIB | 315600 | 49024800 | 155.34 |
| RETAIL | 734400 | 26342400 | 35.87 |
| Total | 1470000 | 79400400 | 54.01 |
| Retail Apps | 21952 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹20.85 | @8% ₹23.83 | @9% ₹26.81 | @10% ₹29.79 | @11% ₹32.77 | @12% ₹35.75 |
Diensten Tech IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.26% | 734400 |
| NII (HNI) | 14.29% | 315600 |
| Anchor | 28.42% | 627600 |
| QIB | 19.02% | 420000 |
| Market Maker | 5.00% | 110400 |
| Total | 100.00% | 2208000 |
Diensten Tech IPO Details
| Total 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 |
| Market Maker portion | 110,400 shares Share India Securities |
Key Performance Indicator
| KPI | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | -67.49% | 5.69% | 10.26% |
| RONW | -67.77% | 3.78% | 1.04% |
| D/E | 7.29% | 0.66% | - |
| EPS (Diluted) | -2.84 | 0.29 | 0.16 |
Financial Statement (Restated)
| Period Ended | Dec-23 | Mar-23 | Mar-22 | Mar-21 |
|---|---|---|---|---|
| Assets | 3,019.89 | 1,504.81 | 203.66 | 370.24 |
| Revenue | 2,620.92 | 3,760.31 | 76.53 | 525.06 |
| Profit After Tax | -171.7 | 16.06 | 1.45 | 117.07 |
| Net Worth | 253.34 | 425.05 | 139.99 | -111.72 |
| Reserves and Surplus | -351.92 | -180.21 | -196.27 | -197.72 |
| Total Borrowing | 1,847.67 | 280 | 344.12 | |
| Amount In Lakhs. | ||||
About Company
Diensten Tech Limited, previously known as JKT Consulting Limited, established in 2007, specializes in IT professional resourcing, IT consulting, IT training, and software AMC services. The company offers a wide range of IT support and consulting services across various industries including IT, banking, automotive, telecommunications, healthcare, retail, and entertainment. Additionally, Diensten Tech provides comprehensive corporate training services, covering technical and soft skills, ERP and business application training, disaster management, CSR programs, and more. By the end of 2023, the company had grown to employ 458 individuals.
Strength Factors
Diversified Clientele: Diensten Tech Limited serves a broad range of industries, ensuring stability and resilience against market fluctuations.
Pan-India Presence: The company's extensive reach across India enhances its scalability and ability to cater to clients nationwide.
Quality and Customer Focus: With a strong emphasis on quality assurance and customer satisfaction, Diensten Tech consistently delivers reliable and high-standard services.
Risk Factors
Financial Losses: The company reported losses for the nine months ending December 31, 2023, which could impact its financial stability and growth prospects.
Legal Proceedings: Ongoing legal issues involving the company, its promoters, and directors could result in adverse outcomes, affecting business operations and financial health.
Revenue Concentration: With approximately 88% of revenues coming from the top ten customers, losing any of these key clients could significantly impact the company's revenue and profitability.
Corporate Professionals Capital Private Ltd
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: dtl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/