Diensten Tech shares debuted on the NSE SME at ₹240, a remarkable 140% premium over the issue price, delivering multibagger returns to subscribers. The IPO, which opened on June 26, 2024, was subscribed nearly 54 times. Post-listing, the share price surged to ₹252, hitting a 5% upper circuit.
The Diensten Tech IPO allotment date is set for July 1, 2024, with shares priced between ₹95 and ₹100 each, and a face value of ₹10. Investors can bid in lots of 1200 shares or multiples thereof, making the offering accessible to various investor segments.
By the end of Day 2, the Diensten Tech IPO achieved a subscription rate of 3.47 times. This steady interest reflects moderate investor enthusiasm for the company’s offerings and future prospects.