Divgi Torqtransfer Systems IPO

Divgi TorqTransfer Systems Limited is amongst the very few suppliers in India who have the capability to develop and provide system level transfer case, torque coupler and DCT solutions (Source: CRISIL Report).

It is 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. It is also the only player manufacturing and exporting transfer cases to global OEMs from India, and the only manufacturer of torque couplers in India (Source: CRISIL Report).

Additionally, the company has the capability to develop and provide transmission systems for electric vehicles (EVs).

It manufactures and supplies a variety of products under the broad categories of:

• torque transfer systems (which includes fourwheel- drive (4WD) and all-wheel-drive (AWD) products);

• synchronizer systems for manual transmissions and DCT; and

• components for the above-mentioned product categories for torque transfer systems and synchronizer systems in manual transmission, DCT, and EVs.

It has three manufacturing and assembling facilities across India located at Sirsi in Karnataka, and Shivare and Bhosari near Pune in Maharashtra, with the manufacturing facilities at Shivare and Bhosari being strategically located in proximity to their key clients, and one under-construction manufacturing facility located at Shirwal, Maharashtra.

The company’s key customers in close proximity to their Bhosari and Shivare facilities include Tata Motors, Mahindra & Mahindra, an Indian automotive manufacturing company and an Indian supplier to global automotive OEM.