IPO Details
Bidding Dates
26 Jun 24 - 28 Jun 24
Price Range ₹
95 - 100
Total Equity
₹ 22.08Cr
Lot Size
1200
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
26 Jun 2024
Offer end
28 Jun 2024
Allotment
01 Jul 2024
Refund initiation
02 Jul 2024
Demat transfer
02 Jul 2024
Listing
03 Jul 2024
Offer start
26 Jun 2024
Offer end
28 Jun 2024
Allotment
01 Jul 2024
Refund initiation
02 Jul 2024
Demat transfer
02 Jul 2024
Listing
03 Jul 2024
About Company
Diensten Tech Limited, previously known as JKT Consulting Limited, was established in 2007. The company specializes in information technology (IT) professional resourcing, IT consulting, IT training, and software AMC services. Services Offered: IT Support and Consulting Services: - Comprehensive IT professional resourcing - IT consulting - Software AMC services - Industries served include information technology, banking and finance, automotive and engineering, telecommunications, healthcare, retail, and entertainment Corporate Training Services: - Technical and soft skills-based training - 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 - Educational tourism As of December 31, 2023, the company employed 458 people.
Year Founded
06-03-2007
Promotor Details
Vipul Prakash
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 95.5 | 0 |
| Share Capital | 5780271 | 0 |
Offer to Public
22,08,000.00 Cr
Highlights
- The company serves a broad spectrum of industries, ensuring a resilient and diversified revenue stream.
- With an extensive Pan-India presence, the company is well-positioned for growth and expansion across various regions.
- The company provides high-quality services and prioritizes customer satisfaction, which helps build long-term client relationships.
- An experienced management team, supported by a team of skilled professionals, drives the company's strategic vision and operational excellence.
- The company focuses on cost management to optimize profitability while maintaining positive and productive relationships with customers and employees.
Challenges
- With the top ten customers contributing 88% of revenues, losing any major customer could severely impact the company's financial health.
- Ongoing legal issues involving the company, promoters, and directors could result in adverse decisions, materially affecting business operations and financial condition.
- The company's success relies heavily on its senior management and key personnel. Difficulty in retaining or attracting skilled professionals could negatively affect business operations and growth prospects.
- The company's IT professional services business is subject to extensive government regulations, potentially restricting service offerings or incurring additional costs, impacting revenue and earnings.
- The company does not own its registered, administrative, and branch office premises. Termination or non-renewal of rental agreements could disrupt operations.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2023 | 1,58,120.60 | 60,526.46 | 1,605.96 | 1,605.96 | 0.2653 |
| 2024 | 3,76,055.40 | 60,526.46 | -23,704.86 | -23,704.86 | -3.9164 |
