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Divgi TorqTransfer Systems Limited

Divgi TorqTransfer Systems Limited

Public

Divgi TorqTransfer Systems Limited is now publicly traded

The data on this page reflects Divgi TorqTransfer Systems Limited's private-market history up to the point it went public, including its funding rounds, valuation, and investors.

Went Public

Mar 1, 2023

Last Round

Strategic

Feb 28, 2023

Total Funding Raised

$62.24M

Company Overview

Divgi TorqTransfer Systems is a Tier 1 Indian automotive component manufacturer specializing in drivetrain solutions, originally established as Divgi Metalwares in 1964. The company designs, develops, and supplies a diverse portfolio of products, including transfer cases, torque couplers, synchronizer systems, and transmissions (manual, DCT, and EV) to major domestic and global OEMs like Toyota, Mahindra & Mahindra, and Tata Motors. It is a leading supplier of transfer case systems in India and has expanded its capabilities to include solutions for electric and hybrid vehicles. Following the dissolution of a joint venture with BorgWarner in 2016, the company operates as an independent entity. It became a publicly listed company on the BSE and NSE in India after its IPO in March 2023.

Verticals

Automotive Components, Drivetrain Systems

AI Layer

Non-AI

Divgi TorqTransfer Systems Limited Comparables

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Divgi TorqTransfer Systems Limited Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
IPOMar 1, 2023
StrategicFeb 28, 2023
Series BMay 3, 2018
Series AAug 25, 2016

Divgi TorqTransfer Systems Limited Investors

Notable investors and investment history

Divgi TorqTransfer Systems Limited investors
InvestorRounds
Edelweiss Asset Management LimitedIPO
Oman India Joint Investment Fund IISeries B
Bengal Finance and InvestmentStrategic, IPO
Nippon India Mutual FundIPO

Divgi TorqTransfer Systems Limited Filings

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TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Firmographic Details

Headquarters—
Year Founded1964
Last FundingFeb 28, 2023

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