Diensten Tech Ltd

Diensten Tech Ltd IPO

IPO Price Range: ₹95 - 100

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.

Min Investment

₹1,20,000

IPO Size

₹22 Cr

IPO Status

Closed

Quantity in 1 Lot

1200

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Diensten Tech Ltd

Open Date26 Jun 2024
Close Date28 Jun 2024
Allotment Date1 Jul 2024
Listing Date3 Jul 2024

Key Statistics

Bid Opening DateBid Opening Date26 Jun 2024
Bid Closing DateBid Closing Date28 Jun 2024
Allotment DateAllotment Date1 Jul 2024
Issue SizeIssue Size₹22.08Cr
Quantity in 1 lotQuantity in 1 lot1200

Strength and risks

Strength

Strength

  • 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

Risk

  • The Company has incurred Losses during the nine months period ended on December 31, 2023.

  • There are outstanding legal proceedings involving the Company, Promoters and Directors. Anyadverse decision in such proceeding may have a material adverse effect on its business, results of operations and financial condition.

  • Its top ten customers contribute approximately 88% of the companys revenues for the financial period ended December 31, 2023. 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.

  • Its intellectual property rights may be infringed upon or its may infringe the intellectual propertyrights of third parties.

  • The companys inability to cater to and suitably update and enhance its offerings may adversely affect the companys revenues and, thus, its business, results of operations and prospects.

  • Its ability to retain the present number of customers serviced by the company and attract new customers is heavily dependent upon various factors including its reputation and the companys ability to maintain a high level of service quality. Any failures by it to retain or attract customers may impact its business and revenues.

  • Termination of agreements/arrangements with Customers, could negatively impact its revenues and profitability.

  • The companys IT Professional Services business where its fulfill IT professional needs of the company clients is subject to extensive government regulations, which may restrict the types of services the company is permitted to offer or result in additional tax or other costs that reduce its revenues and earnings.

  • Its Restated Financial Statements are Prepared and Signed by a Peer Reviewed Chartered Accountantwho is not Statutory Auditor of the Company.

Promoters Holding

Investors Holdings %
J.K.Traders Ltd68%
Abhishek Singhania0%
Vipul Prakesh13.75%
Tina Prakash13.75%

About Diensten Tech Ltd

OrganisationDiensten Tech Ltd
HeadquartersNew Delhi
IndustryIT - Software

Frequently Asked Questions

  • What is the size of the Diensten Tech Ltd IPO?

    The size of the Diensten Tech Ltd IPO is ₹22.08Cr .

  • What is 'pre-apply' for Diensten Tech Ltd IPO?

    'Pre-apply' for Diensten Tech Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Diensten Tech Ltd IPO order be placed?

    Your Diensten Tech Ltd IPO order will be placed on 26 Jun 2024.

  • What are the open and close dates of the Diensten Tech Ltd IPO?

    The open and close dates of the Diensten Tech Ltd IPO are 26 Jun 2024 to 28 Jun 2024.

  • What is the lot size and minimum order quantity of the Diensten Tech Ltd IPO?

    The lot size and minimum order quantity of the Diensten Tech Ltd IPO are 1200 and 1200 respectively.

  • What would be the listing gains on the Diensten Tech Ltd IPO?

    The potential listing gains on the Diensten Tech Ltd IPO will depend on various market factors and cannot be predicted with certainty.