Diensten Tech Ltd. makes its market debut, IPO launch on NSE

New Delhi, 27 June 2024: Diensten Technologies Limited, often known as DTL, a staffing and IT companies organisation, immediately introduced the launch of its Initial Public Offering (IPO) on NSE. The IPO, which opened immediately and closes on June 28, 2024, marks a major milestone in DTL’s journey.

The IPO includes a complete of 20,97,600 fairness shares, with 7,34,400 shares reserved for retail buyers. The worth band for the IPO has been set at Rs. 95 – Rs. 100 per fairness share, with a minimal lot dimension of 1,200 shares.

DTL was established by promoters Abhishek Sighnia and Vipul Prakash,. The firm specialises in offering IT companies, together with staffing options to shoppers throughout numerous sectors, together with IT, Automobiles, Logistics, BFSI, and Healthcare.

“We are thrilled to announce the launch of our IPO immediately,” says Siva Prasad Nanduri, CEO of Diensten Tech Ltd. “It will empower us to develop our operations, put money into cutting-edge applied sciences, and discover new development avenues. This marks a major milestone in DTL’s journey, and we invite buyers to be a part of our development story”, he additional added.

DTL is supported by a group of Independent and different Directors. Mr. Siva Prasad Nanduri, who leads the administration group, brings vital expertise in IT skilled companies from his tenure at TeamLease, Adecco, and different main organizations. This IPO launch will allow DTL to mark its presence, put money into expertise improvement, and solidify its place within the skilled companies trade.