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March 02, 2023
Important dates: Divgi Torqtransfer Systems Ltd. IPO
Divgi Torqtransfer is amongst the very few automotive component entities in India who have the capability to develop and provide system level transfer case, torque coupler and dual clutch automatic transmissions solution. They are one of the leading players supplying transfer case systems to automotive OEMs in India and the largest supplier of transfer case systems to passenger vehicle manufacturers in India.
Read more about Divgi Torqtransfer Systems IPO
The below table has important dates with respect to the IPO allotment and listing.
| Finalization of Basis of Allotment | 09-Mar-23 |
| Initiation of Refunds | 10-Mar-23 |
| Credit of Shares to Demat Acct | 13-Mar-23 |
| IPO Shares Listing Date | 14-Mar-23 |
| UPI mandate expiry date | 15-Mar-23 |
In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
