Diensten Tech Limited, formerly known as JKT Consulting Limited and is 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.
Diensten Tech IPO – Details
| IPO Opening Date | 26 June 2024 |
| IPO Closing Date | 28 June 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 22,08,000 Shares Worth ₹22.08 Crore Fresh Issue: 22,08,000 Shares Worth ₹22.08 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹95 – ₹100 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot ) |
| Listing At | NSE SME |
| Register | Kfin Technologies Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Diensten Tech IPO – Date Schedule
| IPO Open Date | 26 June 2024 |
| IPO Close Date | 28 June 2024 |
| Basis of Allotment | 01 July 2024 |
| Initiation of Refund | 02 July 2024 |
| Credit of Shares to Demat Account | 02 July 2024 |
| IPO Listing Date | 03 July 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 28, 2024 |
Diensten Tech IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1200 | ₹1,20,000 |
| Retail (Maximum) | 1 | 1200 | ₹1,20,000 |
| HNI (Minimum) | 2 | 2400 | ₹2,40,000 |
Competitive Strengths
- Company’s clientele is diversified into various industries.
- The company has Pan-India presence and its business is significantly scalable.
- The company provide quality assured services and keep significant focus on customer satisfaction.
- The company has experienced management which is supported by skilled professionals.
Company Promoters
- J. K. Traders Limited
- Mr. Abhishek Singhania
- Mr. Vipul Prakash
- Ms. Tina Prakash
Object Of The Issue
- 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 the Working Capital requirements of the Company;
- To meet out the General Corporate Purposes; and
- To meet out the Issue Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 5.25 | 3.61 | 1.17 | 3.44 |
| 31 March 2022 | 0.76 | 0.70 | 0.01 | – |
| 31 March 2023 | 37.60 | 37.37 | 0.16 | 2.80 |
| 31 December 2023 | 26.20 | 28.55 | -1.71 | 18.47 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | -67.50% |
| ROCE | -20.74% |
| Debt/Equity | 7.29 |
| RoNW | -67.77% |
| Pre IPO | Post IPO | |
| EPS (Rs) | 0.29 | – |
| P/E (x) | – | – |
Diensten Tech IPO Promoter Holding
| Pre Issue Share Holding | 95.50% |
| Post Issue Share Holding | 69.97% |
Diensten Tech IPO Prospectus
- Diensten Tech IPO DRHP
- Diensten Tech IPO RHP
Company Contact Information
| Diensten Tech Limited 7 th Floor, A-2, L.S.C., Masjid Moth, Greater Kailash-II, New Delhi – 110048 Phone: 011-40562187 Email: cs@jkdtl.com Website: http://www.dienstentech.com/ |
Diensten Tech IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: dtl.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Diensten Tech IPO Lead Manager(s)
| 1. Corporate Professionals Capital Private Ltd |
Diensten Tech IPO FAQs
| What is Diensten Tech IPO? Diensten Tech IPO is a SME IPO. The issue is priced at ₹95 – ₹100 per equity share. The IPO is to be listed on NSE SME. |
| When Diensten Tech IPO will open? The IPO is to open on 26 June 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors. |
| How to Diensten Tech IPO? You can apply for Diensten Tech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Diensten Tech IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Diensten Tech”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the Diensten Tech IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Diensten Tech”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Diensten Tech IPO Size? Diensten Tech IPO size is ₹22.08 crores. |
| What is Diensten Tech IPO Price Band? Diensten Tech IPO Price Band is ₹95 – ₹100. |
| What is Diensten Tech IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,20,000 amount while the maximum bid is 1200 shares with ₹1,20,000. |
| What is the Diensten Tech IPO Allotment Date? Diensten Tech IPO allotment date is 01 July 2024. |
| What is the Diensten Tech IPO Listing Date? Diensten Tech IPO listing date is 03 July 2024. The IPO is to list on NSE SME. |
