Diensten Tech Ltd

Diensten Tech Ltd IPO

Diensten Tech Ltd IPO Price Range is ₹95 - 100, with a minimum investment of ₹1,20,000 for 1200 shares.

₹1,20,000

/ 1200 shares

Minimum Investment

View Diensten Tech Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹95 - 100

Open Date

2024-06-26

Close Date

2024-06-28

IPO Size

₹22.08 Cr

Lot Size

1200 shares

Min Investment

₹1,20,000

Listing Exchange

NSE

Diensten Tech Ltd IPO Application Timeline

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

Strengths and Risks

Strengths

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.


Risks

Risks

  • 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.

How to Apply for Diensten Tech Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Diensten Tech Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Diensten Tech Ltd

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.

Frequently Asked Questions of Diensten Tech Ltd IPO

What is the size of the Diensten Tech Ltd IPO?

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

What is the allotment date of the Diensten Tech Ltd IPO?

Diensten Tech Ltd IPO allotment date is Jul 1, 2024 (tentative).

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

The Diensten Tech Ltd IPO will open on Jun 26, 2024 and close on Jun 28, 2024

What is the lot size of Diensten Tech Ltd IPO?

The lot size for the Diensten Tech Ltd IPO is 1200.

When will my Diensten Tech Ltd IPO order be placed?

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

Can we invest in Diensten Tech Ltd IPO?

Yes, once Diensten Tech Ltd IPO opens, you can invest in the shares of the company.

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.

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.