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Divgi TorqTransfer Systems lists with 1.69% premium on the BSE

14 Mar 2023 Evaluate

Divgi TorqTransfer Systems has debuted at Rs 600.00 on the BSE, up by 10 points or 1.69% from its issue price of Rs 590.

The scrip is currently trading at Rs 570.25, down by 19.75 points or 3.35% from its issue price. It has touched a high and low of Rs 615.75 and Rs 557.20 respectively. So far 2.29 lakh shares were traded on the counter.

The offering, which was open for subscription between March 1, 2023 and March 03, 2023, was subscribed 5.44 times. The issue price was fixed at Rs 590 per share i.e. at upper end of price band of Rs 560-590 apiece.

Divgi TorqTransfer Systems is engaged in the business as an automotive component entity.

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