Diensten Tech Limited

Company Profile
Company Name Diensten Tech Limited
Open Date 26-06-2024
Close Date 28-06-2024
Exchange NSE SME
Lot Size 1200 Shares
Issue Price ₹95 to ₹100 per share
Issue Size 22,08,000 shares
Application Amount ₹ 1,20,000
Recommendation Avoid
Diensten Tech Limited has its registered office in New Delhi. 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. As of December 31, 2023, the company had 458 employees.
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Financial Summary in Lakhs

KPI’s FY 22 2023 Dec-23
Revenue 72.41 3,752.68 2,608.09
EBITDA 18.53 149.24 -118.42
Net Profit 1.45 16.06 -171.70
RoCE -68.08% 26.13% -8.59%
ROE 1.04% 3.78% -67.77%
P/E 625.00 344.83 21.28

Tentative Timeline

Opening Date 26-06-2024
Closing Date 28-06-2024
Basis of Allotment 01-07-2024
Initiation of Refunds 02-07-2024
Credit of Shares to Demat 02-07-2024
Listing Date 03-07-2024

Objects 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.
To meet out the Issue Expenses.

Contact Information

Registered Office 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/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email dtl.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

Anchor Investor Shares Offered 627,600 (28.42%)
Market Maker Shares Offered 110,400 (5.00%)
QIB Shares Offered 420,000 (19.02%)
NII (HNI) Shares Offered 315,600 (14.29%)
Retail Shares Offered 734,400 (33.26%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.27%

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