
Diensten Tech Limited
listed
₹1.14LMin. investment
About Diensten Tech Limited
Issue size
₹22.08Cr
IPO type
SME
Price range
₹95.00 – ₹100
Lot size
1200 shares
Price range₹95.00 – ₹100
IPO type
SME
Lot size1200 shares
Issue size₹22.08Cr
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About Diensten Tech Limited
Founded in 2007, Diensten Tech Limited is into the business of Information Technology (‘IT’) professional resourcing, IT Consultancy, IT Training and Software AMC. They connect their clients to individuals with a specific IT skill set, manage capacity across a team, or deliver in-house technology experts to take client project to full delivery. They are a next-generation IT consultancy service provider that helps enterprises reimagine their businesses for the digital age.
They provide end-to-end professional solutions to make large companies and organizations more competitive by combining in-depth knowledge of a wide range of business sectors and innovative technologies with a fully collaborative approach. They are a lifelong learning partner for enterprises, helping them build skills in emerging technologies at scale. Their Corporate Training division helps build innovative learning modules for organizations in the workplace by structuring a smarter workforce, supporting changes and driving growth.
They have executed Business Transfer Agreements with Klaus IT Solutions Private Limited and Skandha IT Services Private. These agreements have enabled them to acquire more clients leading to an increase in revenues. They have been providing technical consultancy, training, software services and other services to large corporates of the country, multinational companies, small and medium enterprises of diversified sectors.
The foundation lies in their strong culture amongst the skilled and professional resources that are trained, upgraded and equipped with the best modern technology to ensure top quality customer services. Some of their prestigious clients are 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. The Registered office of the company is located at New Delhi, India.
Diensten Tech Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives.
- 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.
- To meet out the Working Capital requirements of the Company;
- To meet out the General Corporate Purposes; and
- To meet out the Issue Expenses.
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Diensten Tech Limited ?
The issue size of the Diensten Tech Limited is 22.0799999 Cr.
What is 'pre-apply' for Diensten Tech Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Diensten Tech Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts26 Jun 2024
- Bidding ends28 Jun 2024
- Allotment finalisation28 Jun 2024
- Release of funds2 Jul 2024
- Demat transfer1 Jul 2024
- Listing3 Jul 2024