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Diensten Tech IPO
Price Band
₹95.0–100.0
Issue Size
₹22.08 Cr
Lot Size
1,200 shares
Min Investment
₹120,000
GMP
+₹70.0 (70.0%)
Issue Price
₹100.0
Subject to Sauda
₹63800
Paid only if allotted
Diensten Tech IPO AI Summary
- Diensten Tech IPO is listed on NSE SME in the Diversified Commercial Services sector.
- Price band: ₹95.0–₹100.0 per share, lot size 1,200 shares (min. investment ₹120,000).
- Subscription window: 26 Jun–28 Jun 2024, listing on 03 Jul 2024.
- Current GMP is +₹70.0 (70.0%), an estimated listing price of ₹170 — unofficial and can change daily.
Diensten Tech Limited is entering the market with a diverse range of IT services. Despite recent financial challenges, the company is positioned in a growing sector. Investors should consider the potential risks and rewards associated with this IPO.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Diensten Tech IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 28 Jun 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Diensten Tech IPO Grey Market Premium (GMP) Today
GMP
+₹70.0
GMP %
+70.0%
Est. Listing
₹170.0
Updated: 25 Jul 2026 14:05
About the Company
Diensten Tech Limited, formerly known as JKT Consulting Limited, was founded in 2007 and provides information technology (IT) professional resourcing, IT consulting, IT training and software AMC services. The company's list of services includes: IT support and consulting services: Under this framework, the company provides comprehensive IT professional resourcing, IT consulting, and software AMC services in various industries, namely information technology, banking and finance, automotive and engineering, telecommunications, healthcare, retail and entertainment. Corporate training services: In this area, the company offers both technical and soft skills-based training services. These include ERP and business application training, behavioral training, induction/onboarding training, domain-specific training, training and deployment, CSR implementation programs, disaster and safety management training, learning solutions, and educational tourism. As of December 31, 2023, the company had 458 employees.
Company Financials (₹ Cr)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 30.20 | 15.05 | 2.04 | 3.70 |
| Total Income | 26.21 | 37.60 | 0.77 | 5.25 |
| Profit After Tax | -1.72 | 0.16 | 0.01 | 1.17 |
| NET Worth | 2.53 | 4.25 | 1.40 | -1.12 |
| Reserves and Surplus | -3.52 | -1.80 | -1.96 | -1.98 |
| Total Borrowing | 18.48 | 2.80 | 3.44 |
Key Ratios
EPS
₹0.29
NAV
₹4.19
ROE
-67.50%
ROCE
-20.74%
RoNW
-67.77%
P/E Ratio
344.83
PAT Margin
0.43%
Debt/Equity
7.29
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| Integrated Personnel Services Ltd | 39.03 | 11.92% | 28.01 | 5.71 |
| Ani Integrated Services Limited | 48.44 | 5.26% | 59.96 | 2.55 |
| Diensten Tech Limited This IPO | 7.02 | 3.78% | — | 0.29 |
Promoters
J.K.Traders Ltd., Abhishek Singhania, Vipul Prakash and Tina Prakash
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 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. 3.81 2 Working Capital Requirement 11.77 3 General Corporate Purposes 3.58 4 Issue Expenses 2.92
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Revenue was ₹0.77 Cr in the year ending 31 Mar 2022, increasing to ₹5.25 Cr by 31 Mar 2021, and then rising to ₹37.60 Cr by 31 Mar 2023. However, revenue declined to ₹26.21 Cr by 31 Dec 2023, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹0.01 Cr in the year ending 31 Mar 2022, increasing to ₹1.17 Cr by 31 Mar 2021. The profit then turned positive to ₹0.16 Cr by 31 Mar 2023 but fell to a loss of ₹1.72 Cr by 31 Dec 2023, though this is a 9-month figure, not a full year, so isn't directly comparable.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the potential premium of a stock in the grey market before its official listing. A positive GMP suggests that the stock may list at a higher price than its issue price, reflecting investor sentiment and demand.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their risk tolerance, financial goals, and market conditions. It's essential to consider the company's fundamentals and market position.
Who May Want to Wait
Investors who are risk-averse or prefer stable, established companies may want to avoid this IPO, especially given the company's recent financial performance and high P/E ratio.
Listing Gains — The Risk
Listing-day gains can be unpredictable. Factors such as market conditions, investor sentiment, and the company's fundamentals can influence the stock's performance on the first day of trading. Investors should be aware that high listing gains are not guaranteed.
This evaluation is generated from Diensten Tech's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Diensten Tech IPO GMP today?
Diensten Tech IPO GMP today is +₹70.0 (70.0%), indicating an estimated listing price of ₹170. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Diensten Tech IPO?
The price band of Diensten Tech IPO is ₹95.0–₹100.0 per share.
When does Diensten Tech IPO open and close?
Diensten Tech IPO opens on 26 June 2024 and closes on 28 June 2024.
When does Diensten Tech IPO list on the stock exchange?
Diensten Tech IPO listed on 03 July 2024 at ₹170.0.
What is the lot size for Diensten Tech IPO?
The lot size for Diensten Tech IPO is 1200 shares, requiring a minimum investment of ₹120,000.
What is the lot size for this IPO?
The lot size for the Diensten Tech IPO is 1200 shares.
What is the minimum investment required?
The minimum investment required is ₹120,000.
What is the price band for this IPO?
The price band for the Diensten Tech IPO is ₹95 to ₹100.
When does the IPO open and close?
The IPO opens on June 26, 2024, and closes on June 28, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium of the stock in the grey market before its official listing.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
26 Jun 2024
Close
28 Jun 2024
Allotment
01 Jul 2024
Listing
03 Jul 2024
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