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Divgi TorqTransfer Systems (DTTS) is one of the leading players supplying transfer case systems to automotive OEMs in India and the largest supplier of transfer case systems to PV manufacturers in India. It is the only player manufacturing and exporting transfer cases to global OEMs from India, and the only manufacturer of torque couplers in India. DTTS also has the capability to develop and provide transmission systems for EVs.

Objects and Details of the Issue:

The public issue consists of fresh Issue of Equity shares aggregating upto Rs. 180 Cr and Offer for sale of Equity Shares aggregating upto Rs. 232 Cr. The company proposes to utilise the Net Proceeds of the Fresh Issue towards capital expenditure requirements for the purchase of machineries required for manufacturing.

Investment Rationale:

* One of the very few suppliers in India having the capability to develop and provide system level transfer case, torque coupler, DCT solutions and transmission systems for EVs across a wide array of automotive vehicles and geographies

* Capturing market opportunities in the growing EV space, and the fast-growing demand for automatic transmissions in the passenger UV segment

* Continued focus on R&D to manufacture diverse products and expand into products to serve new and emerging trends

* Experienced senior management team

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SEBI Registration number is INH000001766

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