The Divine Power Energy Limited date has been confirmed from June 25, 2024 and closes on June 27, 2024 . Read the post to learn about Divine Power Energy Limited IPO GMP.
Divine Power IPO is a book-built issue of 2276 lakh shares. The issue is entirely a fresh one. The Divine Power IPO opens for subscription on June 25, 2024, and closes on June 27, 2024. The allotment for the Divine Power IPO is expected to be finalized on Friday, June 28, 2024. Divine Power IPO will list on NSE SME with a tentative listing date fixed for Tuesday, July 2, 2024.
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Key Details Of Divine Power Energy Limited IPO
Bidding Dates
June 25-27
Price Range
Coming Soon
Face Value
₹10 per share
GMP
₹25
Divine Power Energy Limited IPO GMP
The Divine Power Energy Limited IPO GMP is ₹25.
IPO Overview
Divine Power IPO is a SME IPO of 227,600,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at [.] to [.] per share. The IPO opens on June 25, 2024, and closes on June 27, 2024. Divine Power IPO price bands are yet to be announced.
Divine Power Energy Limited IPO Details
| IPO Date | June 25, 2024 to June 27, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | [.] to [.] per share |
| Lot Size | |
| Total Issue Size | 227,600,000 shares (aggregating up to ₹[.] Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹22.76 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 15,779,080 |
Divine Power Energy Limited Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 8,889.24 | 7,253.31 | 6,276.46 |
| Revenue | 22,272.00 | 15,084.20 | 12,290.38 |
| Profit After Tax | 640.59 | 284.94 | 80.51 |
| Net Worth | 2,556.53 | 1,915.94 | 1,246.00 |
| Reserves and Surplus | 978.62 | 338.03 | 1,231.72 |
| Total Borrowing | 5,785.44 | 4,763.84 | 4,466.34 |
| Amount in ₹ Lakhs | |||
Divine Power Energy Limited IPO Timeline
| IPO Open Date | Tuesday, June 25, 2024 |
| IPO Close Date | Thursday, June 27, 2024 |
| Basis of Allotment | Friday, June 28, 2024 |
| Initiation of Refunds | Monday, July 1, 2024 |
| Credit of Shares to Demat | Monday, July 1, 2024 |
| Listing Date | Tuesday, July 2, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 27, 2024 |
Company Profile
Divine Power Energy Limited was established in 2001 and specializes in producing various types of wires and strips. They manufacture bare copper/aluminum wire, bare copper/aluminum strip, winding copper/aluminum wire, and winding copper/aluminum strip. The winding wires and strips are carefully processed by annealing, insulating, and covering them with materials such as paper, cotton, fiberglass, and more. We have been delivering excellent products to our customers for more than two decades, focusing on quality and customer happiness.
Our advanced manufacturing plants enable us to create top-notch materials at a great value, with our skilled team guaranteeing that each product meets our strict criteria.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Divine Power Energy Limited |
| Phone number | 011-36001992 |
| Email ID | [email protected] |
| Website | dpel.in |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Divine Power Energy Limited IPO FAQs
When Divine Power IPO will open?
The Divine Power IPO opens on June 25, 2024 and closes on June 27, 2024.
What is the lot size of Divine Power IPO?
Divine Power IPO lot size and the minimum order quantity is not available at this time. Please check again later.
When is Divine Power IPO listing date?
The Divine Power IPO listing date is not yet announced. The tentative date of Divine Power IPO listing is Tuesday, July 2, 2024.
