Diensten Tech IPO

Diensten Tech Ltd

₹1,14,000 /1200 sharesMinimum Investment

Diensten Tech IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
26 Jun ‘24 - 28 Jun ‘24₹1,14,0001,200₹95 - ₹100
Issue SizeIPO Doc
22.08Cr
RHP PDF

About Diensten Tech

Diensten Tech is in the business of sourcing and training of IT professionals, consulting, and software maintenance. The company connects clients with IT professionals, manages team capacity, and provides in-house experts for the completion of projects. Diensten Tech helps businesses transform themselves for the digital era. They offer solutions that enhance competitiveness by merging sector-specific expertise with technologies. The company supports continuous learning and skill development in emerging technologies. Their Corporate Training Division designs advanced learning programs to create a more knowledgeable workforce. The company offers technical consulting, training, and software services to clients. It works with large corporations, multinational companies, and small to medium enterprises across sectors. Their notable clients include Illumina Technology Solutions LLC, Mobiquest Mobile Technologies Pvt. Ltd, ONE97 Communications Limited, Thomas Cook (India) Ltd, Capgemini Technology Services India Ltd, Tata Consultancy Services Limited, Maruti Suzuki India Ltd, Schenker India Pvt Ltd, Motherson Technology Services Limited, and Pepsico Global Business Services India LLP.;
Founded in
2007
Managing director
Mr. Vipul Prakash
Parent organisation
Diensten Tech Ltd

Strengths & Financials of Diensten Tech

Strengths
Risks
By offering a full range of IT talent solutions, Diensten Tech helps businesses of all sizes improve productivity, quality, and efficiency. Its experience enables the clients to assess the skills and potential of the candidates to meet their needs effectively.
Through the company’s corporate training services, Diensten Tech provides training in both technical and soft skills. This includes specialised learning solutions in IT, behavioural skills, and specific industry domains that align with the client’s business needs.
Diensten Tech serves clients across various industries across the country.
Diensten Tech completed business transfer agreements with Klaus IT Solutions Private Limited on September 29, 2023, and Skandha IT Services Private Limited on September 22, 2023, which have brought in more clients, boosting the company’s revenue.
There are ongoing legal proceedings against the company, promoters, and directors. Any unfavourable outcome in these cases could negatively impact its business.
For the nine months ending December 31, 2023, Diensten Tech reported a loss of Rs 1.72 crore.
The top 10 customers account for about 88% of Diensten Tech's revenue for the nine months ending December 31, 2023. Losing business from any of these clients could negatively affect the company’s revenue and profitability.
Diensten Tech's business largely relies on the stability of policies and economic conditions in the US.
As of December 31, 2023, Diensten Tech has Rs 8.33 crore in unsecured loans. Any inability to service or repay these loans could impact the company negatively.

Diensten Tech Financials

*All values are in Rs. Cr
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Application Details of Diensten Tech IPO

Apply asPrice bandApply Range
Regular95 - 100₹2 - 5 Lakh
High Networth Individual95 - 100₹2 - 5 Lakh
For Diensten Tech IPO, eligible investors can apply as Regular.