Automotive component manufacturer Divgi TorqTransfer Systems’ initial public offering (IPO) was subscribed 5.44 times by the last day of offer that opened on Wednesday, March 1, 2023 and concluded on Friday, March 3, 2023. The ₹412 crore-offer, with a price band of ₹560-590 a share, received bids for 2,08,87,225 shares against 38,41,800 shares on offer.
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