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Divgi TorqTransfer

Divgi TorqTransfer is an automotive component company in India that develops and provides system-level transfer case, torque coupler, and dual-clutch automatic transmission (DCT) solutions. It is one of the leading players in the Indian market for transfer case systems, and the largest supplier of transfer case systems to passenger vehicle manufacturers in India. It is also the only player in India that manufactures and exports transfer cases to global OEMs, and the only manufacturer of torque couplers in India.

The company has the capability to develop and provide transmission systems for electric vehicles (EVs). It has been awarded a contract for the supply of EV transmission systems for one of the leading providers of EVs in India, and for the supply of components for Hybrid Vehicles for a global OEM.

Divgi TorqTransfer manufactures and supplies a variety of products, including:

  • Torque transfer systems, including 4WD and AWD products
  • Synchronizer systems for manual transmissions and DCT
  • Components for torque transfer systems and synchronizer systems in manual transmission, DCT, and EVs

The company has three manufacturing and assembling facilities located in Sirsi, Shivare, and Bhosari in Maharashtra.

Divgi TorqTransfer IPO Details

Signature Global IPO Details
Divgi TorqTransfer IPO Dates
1 – 3 March 2023
Divgi TorqTransfer IPO Price
INR 560 – 590 per share
Fresh issue
INR 180 crore
Offer For Sale
3,934,243 shares (INR 220.32 – 232.12 crore)
Total IPO Size
INR 400.32 – 412.12 crore
Minimum bid (size)
25 shares (INR 14,750)
Face Value
INR 5 per share
Retail Allocation
10%
Listing On
NSE, BSE

Divgi TorqTransfer Financial Performance

Signature Global Financial Performance

FY2020

FY2021

FY2022

H1 FY 2023

Revenue

159.1

186.6

233.8

133.7

Expenses

133

142.5

179.7

103.0

Net income

28

38

46.2

25.7

Margin (%)

17.6

20.4

19.8

19.2

Figures in INR Crore unless specified otherwise

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