Divine Power Energy Ltd
Price Range
₹36 - ₹40
-
Min. Quantity
3,000
Closes on
27 June 2024
-
Min. investment
₹1,20,000/3,000 Shares
Divine Power Energy Ltd IPO Timeline
Divine Power Energy Ltd was incorporated on August 24, 2001, as PDRV Enterprises Private Limited', a Private Limited Company issued by the Registrar of Companies, NCT of Delhi & Haryana. The Company's name was changed from PDRV Enterprises Private Limited' to Dee Power and Electricals Private Limited' and a fresh Certificate of Incorporation dated May 11, 2023 was issued to this effect by Registrar of Companies. Again, Company's name was changed from Dee Power and Electricals Private Limited' to Divine Power Energy Private Limited' dated July 11, 2023. Subsequently, Company got converted from a Private Limited Company to Public Limited Company and a fresh Certificate of Incorporation dated August 03, 2023 to this effect was issued by the Registrar of Companies, Delhi. The name of Company was also changed to Divine Power Energy Limited'.
| Event | Date |
|---|---|
| Divine Power Energy Ltd IPO Opening Date | 25 June 2024 |
| Divine Power Energy Ltd IPO Closing Date | 27 June 2024 |
| Basis of Allotment | 28 June 2024 |
| Initiation of Refunds | 1 July 2024 |
| Credit of Shares to Demat | 1 July 2024 |
| Divine Power Energy Ltd IPO Listing Date | 2 July 2024 |
Divine Power Energy Ltd IPO Details
| Divine Power Energy Ltd IPO Date | 25 June 2024 to 27 June 2024 |
| Divine Power Energy Ltd IPO Face Value | ₹10 per share |
| Divine Power Energy Ltd IPO Price | ₹36 to ₹40 per share |
| Divine Power Energy Ltd IPO Lot Size | 3,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹22.75 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹22.76 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Rajesh Giri, Vikas Talwar, Dali Giri |
Divine Power Energy Ltd IPO Lot Size
The Divine Power Energy Ltd IPO lot size is 3,000 shares. A retail-individual investor can apply for up to 1 lots (3,000 shares or ₹1,20,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 3,000 | ₹1,20,000 |
| Maximum | 1 | 3,000 | ₹1,20,000 |
- Strengths
- Risks
- Opportunities
- Experienced management and efficient workforce.
- Comprehensive solution provider offering diversified suite of precision products across geographies and end-user industries.
- Scalable business.
- A strong regional presence.
- Consistent track record of growth and financial performance.
- Strong long-standing relationships with clients & suppliers within the industry.
- Strong, experienced and dedicated senior management team and qualified workforce.
Company Financials
Divine Power Energy Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 88.86 | 222.72 | 6.41 |
| 03-2023 | 72.53 | 150.84 | 2.85 |
| 03-2022 | 62.73 | 122.9 | 0.90 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Working capital requirement
- General corporate purposes
Divine Power Energy Ltd IPO Promoter Holding
| Pre Issue Share Holding | 48.65% |
| Post Issue Share Holding | - |
Divine Power Energy Ltd IPO Subscription Status (Bidding Detail)
The Divine Power Energy Ltd IPO is subscribed 293.4251 times on 27 June 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 293.4251 |
Divine Power Energy Ltd IPO Prospectus
Divine Power Energy Ltd IPO Listing Date
| BSE Script | 92765 |
| NSE Symbol | DPEL |
| Listing In | NSE - SME |
| ISIN | INE0SCO01019 |
| IPO Price | ₹40 |
| Face Value | ₹10 |
Company Contact Information
Unit No Offices 1st Flr CSC IIB Block Surajmal Vihar,New Delhi-110092
Phone: 011 3600 1992/ 2842
Email: info@dpel.in
Website: www.dpel.in
Divine Power Energy Ltd IPO Registrar
Divine Power Energy Ltd IPO Lead Manager(s)
- Khambatta Securities Ltd
FAQ
What is the issue size of Divine Power Energy Ltd IPO?
I have pre-applied for Divine Power Energy Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.