Diensten Tech IPO

Diensten Tech Limited launches IPO with 22,08,000 shares worth INR 22.08 crores to settle a business acquisition liability and address working capital and corporate needs.

Important Details

Open Date : June 26, 2024 Close Date : June 28, 2024 Allotment Date: July 1, 2024 Listing Date: July 3, 2024

Important Details

IPO Price: INR 95-100 per share Lot Size: 1200 Shares Total Issue Size: INR 22.08 crores

Fundamental Analysis

Diensten Tech IPO analysis shows mixed performance: 1. Revenue grew but fell short in Dec 2023. 2. Increased liabilities & debt-equity ratio. 3. Decline in profitability. 4. Reduced EPS,Decreased RoNW.

Peer Comparison

1. No listed Indian companies have a comparable business portfolio to Akiko Global Services Limited. 2. Industry comparison is not feasible.


Diensten Tech Ltd IPO main objective: 1. Settle acquisition liabilities. 2. Address working capital needs.

Risks And Challenges

Diensten Tech Ltd IPO risks: 1. Restated loss of Rs. 1.72 crore. 2. Revenue growth challenges. 3. Talent competition. 4. Potential infringement impacting branding & reputation. 5. Resource diversion risks.