DIENSTEN TECH Limited IPO GMP

DIENSTEN TECH LIMITED empower businesses to achieve their business goals by fully leveraging technology, while providing an unparalleled, personalized client and employee experience.

Diensten Tech IPO, a Book Built issue amounting to ₹22.08 crores, consisting entirely of a Fresh Issue of 22.08 lakh shares. The subscription period for the Diensten Tech IPO opens on June 26, 2024, and closes on June 28, 2024. The allotment is expected to be finalized on or about Monday, July 1, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Wednesday, July 3, 2024.

The price band of Diensten Tech IPO is set at ₹95 to ₹100 equity per share, with a minimum lot size of 1200 shares. Retail investors are required to invest a minimum of ₹120,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,400 shares), amounting to ₹240,000.

Corporate Professionals Capital Private Limited is the book-running lead manager, KFin Technologies Limited is the registrar for the Issue. Share India Securities Limited is the market maker for Diensten Tech IPO.

Diensten Tech Limited IPO GMP Today
The Grey Market Premium Diensten Tech Limited IPO is expected in the range of ₹0 based on the financial performance and subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Diensten Tech Limited IPO Live Subscription Status Today
As of 04:13 PM on 28 June 2024, the Diensten Tech Limited IPO live subscription status shows that the IPO subscribed 47.99 times on day 3. Check the Diensten Tech Limited IPO Live Subscription Status Today at NSE.

Diensten Tech Limited IPO Allotment Status
Diensten Tech IPO allotment date is 01 July, 2024, Wednesday. Diensten Tech IPO Allotment will be out on 1st July 2024 and will be live on Registrar Website from the allotment date. Check Diensten Tech Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Diensten Tech Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Diensten Tech Limited IPO
Diensten Tech Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. 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.
2. To meet out the Working Capital requirements of the Company
3. To meet out the General Corporate Purposes 
4. To meet out the Issue Expenses.

Refer to Diensten Tech Limited RHP for more details about the Company.