Divine Power Energy IPO Details
| IPO Size | 22.76 |
| Price Range | ₹36 - ₹40 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 3000 |
| Investment (cut-off price) | ₹120,000 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | -- |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Divine Power Energy IPO Timelines
25/06/2024
Start Date27/06/2024
End Date28/06/2024
Refund Initiation01/07/2024
Credit of Shares to Demat Ac02/07/2024
Listing DateDivine Power Energy IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 3000 | ₹120,000 |
| Retail Maximum | 1 | 3000 | ₹120,000 |
| S-HNI Minimum | 2 | 6000 | ₹240,000 |
Divine Power Energy IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 135.84 x | 474.32 x | 508.69 x | -- | 394.17 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹155 | ₹152.30 | ₹162.75 | ₹147.25 |
Divine Power Energy IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹122.90 | ₹121.79 | ₹0.81 |
| FY 2023 | ₹150.84 | ₹146.20 | ₹2.85 |
| FY 2024 | ₹222.72 | ₹214.56 | ₹6.41 |
About Company
Incorporated in 2001, Divine Power Energy Limited specialises in manufacturing Bare Copper/Aluminum Wire, Bare Copper/Aluminum Strip, Winding Copper/Aluminum Wire, and Winding Copper/Aluminum Strip. Divine Power Energy Limited has successfully penetrated markets in Punjab, Bengaluru, and Ahmedabad and is now exploring opportunities in Maharashtra. The company’s manufacturing facility, located in Sahibabad, Ghaziabad, spans 1,777 square meters and has a production capacity of 300 metric tonnes of aluminium and 400 metric tonnes of copper per month.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2001 | Electricals | Rajesh Giri |
Know Before Investing
Divine Power Energy IPO Strengths
- Supplies products to major power distribution companies and manufacturers.
- Offers customised wire solutions tailored to specific customer requirements.
- Promoters and senior management have over 40 years of industry experience.
Divine Power Energy IPO Risks
- Fluctuations in raw material prices impact production costs significantly.
- Fragmented industry competition pressures profit margins and market share.
- Related party transactions may involve potential conflicts of interest.
Swot Analysis for Divine Power Energy IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
Company Details
Divine Power Energy Limited
Unit No. Offices, 1st Floor
CSC-II, B-Block, Surajmal Vihar
New Delhi-110092,
Phone: 011-36001992
Email: [email protected]
Website: https://www.dpel.in/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
FAQs
The key objectives of Divine Power Energy IPO are:
- To meet the working capital requirements of the Company.
- General Corporate Purpose.