Diensten Tech Ltd IPO

We started our business under the name of JKT Consulting Limited with consulting services in the area of SAP Software/ SAP Training Centers and Domain Consulting Services. From the year 2014-15 onwards, we started shifting our business focus towards Information Technology Consultancy, Training, Software Sale, Software AMC and related services as our core business. To further strengthen the said domain, our Company entered into a Business Transfer Agreement dated April 30, 2022 with JK Technosoft Limited. Pursuant to this Agreement, we have acquired Professional Services & Training (PS & T) business from JK Technosoft Limited with effect from April 01, 2022.

Open Demat Account

50years

Diensten Tech Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
22.08 LTBA7.34 L57.8 LNSE₹ 22.08 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
26 Jun, 2428 Jun, 241200 ₹ 1,14,000 Book Building - SME03 Jul, 24

Diensten Tech Ltd IPO Dates

  • 26 Jun 2024

    Opening date

  • 28 Jun 2024

    Closing date

  • 01 Jul 2024

    Basis of
    Allotment

  • 02 Jul 2024

    Initiation of
    Refunds

  • 02 Jul 2024

    Credit of
    Shares

  • 03 Jul 2024

    Listing date

Details

SectorType
SectorComputers - Software - Medium
Sub SectorSmall
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB3.85x10476004033200
NII155.34x31560049024800
Retail35.87x73440026342400
Employee0x00
Total35.96x220800079400400

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Diensten Tech Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations1.390.061.64
EBITDA2.560.061.64
PAT0.160.011.17
Total Assets9.501.062.73
Share Capital6.053.360.86
Total Borrowings3.540.230.86
Operating Activities (Net Cash)1.330.011.17
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)3.540.230.86
Net Cashflow0.620.220.91

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Diensten Tech Ltd

Our Company was originally incorporated as a public company under the Companies Act, 1956 in the name and style of JKT Consulting Limited bearing Corporate Identification Number U74140DL2007PLC160160 dated March 06, 2007, issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Subsequently the name of our Company was changed to Diensten Tech Limited pursuant to fresh certificate of incorporation issued by the Registrar of Companies, Delhi, dated May 11, 2021.

The IT & BPM sector has become one of the most significant growth catalysts for the Indian economy, contributing significantly to the country's GDP and public welfare. The IT industry accounted for 7.4% of India's GDP in FY22, and it is expected to contribute 10% to India's GDP by 2025. Cumulatively, ISF's over 110 member companies added 2.32 lakh jobs in the past four quarters, i.e. during the period from October 2022 to September 2023, which includes the 78,000 new jobs in July-September, it stated. As on September 30, 2022, ISF member companies represented 14 lakh flexi staffing workers. Lohit Bhatia, President, ISF said the Indian staffing industry anticipated a steep rise in demand during the first lockdown-free festive season and provided the formal workforce the different industries required. Overall industry shows resilient growth with new employment mobilized in July-September (2022) at 20 per cent year-on-year.

Peer Comparison:

  • ANI Integrated Services Ltd
  • Integrated Personnel Services Ltd

Diensten Tech Ltd IPO Key Points

Strengths

  • Our clientele is diversified into various industries.
  • We have Pan-India presence and our business is significantly scalable.
  • We provide quality assured services and keep significant focus on customer satisfaction.
  • We have experienced management which is supported by skilled professionals.

Risk

  • Presently the Company, its Promoters, its Directors and its Group Companies/Entities are involved in certain civil proceedings and certain other tax related proceedings and any adverse decision in such proceedings may render it liable to liabilities and penalties and may adversely affect its business and results of operations.
  • The company top ten customers contribute approximately 90% of its revenues for the financial period ended September 30, 2022. Any loss of business from one or more of them may adversely affect its revenues and profitability.
  • Significance of recruiting, training and retaining qualified and experienced personnel who meet the IT Professional Services requirements of its clients may adversely affect the company reputation, business prospects and future financial performance.

Strategy

  • Focus on cost management.
  • Focus on cordial relationship with our customer and employees.
  • Our clientele is diversified into various industries.
  • We have Pan-India presence and our business is significantly scalable.
  • We provide quality assured services and keep significant focus on customer satisfaction.
  • We have experienced management which is supported by skilled professionals.

How To Apply for Diensten Tech Ltd Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Diensten Tech Ltd's IPO offers shares for up to ₹ 0 L It begins on Jun 26, 2024 and ends on Jun 28, 2024.

The price of Diensten Tech Ltd IPO ranges between ₹95 to ₹100 per share.

The Diensten Tech Ltd IPO opens on Jun 26, 2024 and closes on Jun 28, 2024.

The allotment for the Diensten Tech Ltd IPO will be finalised on Jul 1, 2024. The shares will be listed on BSE and NSE on Jul 3, 2024.

The minimum lot size for Diensten Tech Ltd IPO is 1200 shares, priced between ₹95 to ₹100 per share.

The GMP (Grey Market Premium) of Diensten Tech Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Diensten Tech Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Diensten Tech Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jun 26, 2024, and closes on Jun 28, 2024. The allotment is finalised on Jul 1, 2024.

To apply for the Diensten Tech Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.