Diensten Tech SME IPO Details, Financials, Valuation & Peers

By IPOBaseLast Updated on

Get everything you need to know about the Diensten Tech IPO. Explore Diensten Tech IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.

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Status
Listed
Biding Dates
26 Jun - 28 Jun 2024
Price Range
₹ 95 - 100
Issue Size
Approx ₹ 22.08 crore
Listed Price
₹240140.00%

Overview

Diensten Tech Limited, originally incorporated as JKT Consulting Limited on March 6, 2007, is a prominent player in the Information Technology sector. Renamed on May 11, 2021, Diensten Tech specializes in IT professional resourcing, consultancy, training, and Software AMC services. The company leverages its deep expertise and innovative technologies to help enterprises reimagine their operations for the digital age, providing end-to-end solutions to enhance competitiveness.

Key Points:

  • Business Evolution: The company commenced its operations focusing on SAP software consulting and training. Since 2014-15, it has expanded its core business to encompass a broader spectrum of IT consultancy, training, software sales, and related services. A significant milestone in its expansion was the acquisition of the Professional Services & Training (PS & T) business from JK Technosoft Limited in 2022.
  • Services Offered:
    • IT Professional Resourcing: Providing skilled IT personnel to meet client needs.
    • IT Consultancy: Offering expert advice and solutions to optimize IT functions.
    • IT Training: Developing training modules to upskill employees in emerging technologies.
    • Software AMC: Providing maintenance and support for software applications.
  • Clientele:
    • Serves a diverse range of large corporations, multinational companies, small and medium enterprises.
    • Notable clients include 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.

IPO Docs

Objects of the Issue

  • 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.
  • Working Capital Requirement
  • General Corporate Purposes.

IPO Details

Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.

FieldsDetails
IPO Dates26 Jun - 28 Jun 2024
IPO Price Band₹ 95 - 100 per share
Fresh Issue22,08,000 Shares
Offer For SaleNIL
Total IPO SizeApprox ₹ 22.08 crore
Face Value₹ 10
Listing OnNSE

IPO Timeline

Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.

EventDate
IPO Opening Date26 Jun 2024
IPO Closing Date28 Jun 2024
Basis Of Allotment01 Jul 2024
Refunds02 Jul 2024
Demat Transfer02 Jul 2024
IPO Listing Date03 Jul 2024

Financial Statements

Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.

Period Ended31st March 202131st March 202231st March 2023Dec 2023
Total Income5.250.7737.6026.21
Total Expenses3.620.7037.3828.56
Net Profit/Loss1.170.010.16-1.72
NPM (*)22.382.000.43-6.58
Total Assets3.702.0415.0530.20
Total Liabilities4.820.6410.8027.67

* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)

Valuation

Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.

Period Ended31st March 202131st March 202231st March 2023Dec 2023
EPS13.610.160.29-2.84
ROE (%)-68.7610.265.69-67.50
ROCE (%)-180.7516.129.47-20.74
D/E Ratio-3.08NA0.667.29
Current Ratio2.851.711.431.73
EBITDA MARGIN (%)38.2925.593.98-4.54

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.

NameRevenueP/EEPSRoNWNAV
Diensten Tech Limited37.53344.830.293.787.02
ANI Integrated Services Ltd157.3059.962.555.2648.44
Integrated Personnel Services Ltd168.7328.015.7111.9239.03

* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.

Subscription Data from NSE and BSE

Investor TypeSubscribed
Qualified Institutional Buyer (QIB)9.6
Non-Institutional Investor (NII/HNI)154.99
Retail Individual Investor (RII)35.87
Total53.94

* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.

IPO Registrar

KFin Technologies Limited
Phone
: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com

Company Promoters

  • M/S. J. K. TRADERS LIMITED
  • MR. ABHISHEK SINGHANIA
  • MR. VIPUL PRAKASH
  • MS. TINA PRAKASH

Lead Managers

  • Corporate Professionals Capital Private Limited

Company Address

Diensten Tech Limited

7 th Floor, A-2, L.S.C., Masjid Moth, Greater Kailash-II, New Delhi – 110048

Phone: 011-40562187

Email: cs@jkdtl.com

Website: www.dienstentech.com

FAQs

  • What is the issue size of the Diensten Tech SME IPO?
    The Diensten Tech SME IPO has an issue size of Approx ₹ 22.08 crore. This includes a fresh issue of 22,08,000 Shares and an offer for sale (OFS) of NIL.
  • What is the price band of the Diensten Tech IPO?
    The price band for the Diensten Tech IPO is ₹ 95 - 100 per share.
  • What are the bidding dates for the Diensten Tech IPO?
    The Diensten Tech IPO will open for bidding on 26 Jun 2024 and close on 28 Jun 2024.
  • What is the allotment date for the Diensten Tech IPO?
    The allotment date for the Diensten Tech IPO is 01 Jul 2024.
  • What is the listing date for the Diensten Tech IPO?
    The listing date for the Diensten Tech IPO is 03 Jul 2024.
  • What is the Diensten Tech IPO grey market premium?
    The grey market premium (GMP) for the Diensten Tech IPO is currently at ₹70, with an expected listing gain of approximately 70%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.

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