Diensten Tech SME IPO Details, Financials, Valuation & Peers
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.
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.
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.
| Fields | Details |
|---|---|
| IPO Dates | 26 Jun - 28 Jun 2024 |
| IPO Price Band | ₹ 95 - 100 per share |
| Fresh Issue | 22,08,000 Shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 22.08 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
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.
| Event | Date |
|---|---|
| IPO Opening Date | 26 Jun 2024 |
| IPO Closing Date | 28 Jun 2024 |
| Basis Of Allotment | 01 Jul 2024 |
| Refunds | 02 Jul 2024 |
| Demat Transfer | 02 Jul 2024 |
| IPO Listing Date | 03 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 Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| Total Income | 5.25 | 0.77 | 37.60 | 26.21 |
| Total Expenses | 3.62 | 0.70 | 37.38 | 28.56 |
| Net Profit/Loss | 1.17 | 0.01 | 0.16 | -1.72 |
| NPM (*) | 22.38 | 2.00 | 0.43 | -6.58 |
| Total Assets | 3.70 | 2.04 | 15.05 | 30.20 |
| Total Liabilities | 4.82 | 0.64 | 10.80 | 27.67 |
* 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 Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| EPS | 13.61 | 0.16 | 0.29 | -2.84 |
| ROE (%) | -68.76 | 10.26 | 5.69 | -67.50 |
| ROCE (%) | -180.75 | 16.12 | 9.47 | -20.74 |
| D/E Ratio | -3.08 | NA | 0.66 | 7.29 |
| Current Ratio | 2.85 | 1.71 | 1.43 | 1.73 |
| EBITDA MARGIN (%) | 38.29 | 25.59 | 3.98 | -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.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Diensten Tech Limited | 37.53 | 344.83 | 0.29 | 3.78 | 7.02 |
| ANI Integrated Services Ltd | 157.30 | 59.96 | 2.55 | 5.26 | 48.44 |
| Integrated Personnel Services Ltd | 168.73 | 28.01 | 5.71 | 11.92 | 39.03 |
* 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 Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 9.6 |
| Non-Institutional Investor (NII/HNI) | 154.99 |
| Retail Individual Investor (RII) | 35.87 |
| Total | 53.94 |
* 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.