As of June 25, 2024, Diensten Tech Limited IPO has ₹0 as Grey Market Premium, with a price band of ₹95 to ₹100 per share. Offering lots of 1200 shares, the subscription window is open from June 26 to June 28, 2024.
Diensten Tech Limited IPO GMP Today
The Grey Market Premium (GMP) for Diensten Tech Limited IPO is ₹0 as of June 25, 2024. This assessment coincides with a price range of ₹95 to ₹100 per share for the IPO.
Diensten Tech Limited IPO Review
Diensten Tech Limited’s financial performance shows mixed results. Revenue grew from ₹72.41 lakhs in March 2022 to ₹3,752.68 lakhs in March 2023 but reached only ₹2,608.09 lakhs by December 2023. Liabilities increased, as did the debt-equity ratio. Profitability declined, with PAT dropping from ₹1.45 lakhs to ₹(171.70) lakhs.
The company’s diluted EPS fell from ₹0.16 to ₹(2.84), while RoNW decreased from 1.04% to (67.77)%. Total assets increased, suggesting potential growth. However, the current ratio rose, indicating improved liquidity but possible challenges in meeting short-term obligations. These figures reflect a complex financial situation for Diensten Tech Limited.
To get a full IPO review, click here Diensten Tech Limited IPO Review
Diensten Tech Limited IPO Date
Diensten Tech Limited will start accepting subscriptions from June 26, 2024, to June 28, 2024
Diensten Tech Limited IPO Price
Diensten Tech Limited IPO price range is ₹95 to ₹100 per share with a face value of ₹10 each.
Diensten Tech Limited
Diensten Tech Limited specializes in IT professional resourcing, consultancy, training, and software AMC services. They connect clients with skilled IT professionals, manage team capacities, and offer in-house experts for project success. The company provides nationwide staffing solutions, training, and development services. Post-acquisition, they focus on the PS & T sector, serving major clients like TCS, Capgemini, Maruti Suzuki, and Pepsico with tailored agreements and high-quality service delivery.
How To Apply For Diensten Tech Limited IPO?
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1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Diensten Tech Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
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