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DPELSME / NSEListed
Divine Power Energy

Divine Power Energy Limited, incorporated in 2001, manufactures Bare Copper/Aluminum Wire, Bare Copper/Aluminum Strip, Winding Copper/Aluminum Wire, and Winding Copper/Aluminum Strip, utilizing annealing and insulating processes with materials like paper, cotton, and fiberglass. Supplying fiberglass-covered wires and strips to Punjab, Bengaluru, and Ahmedabad, the company aims to expand into Maharashtra. Serving power distribution companies and transformer manufacturers, its clientele includes TATA Power Limited, BSES, and various Vidyut Vitaran Nigams. Its Sahibabad, Ghaziabad facility spans 1,777 square meters, with a monthly production capacity of 300 metric tonnes of aluminum and 400 metric tonnes of copper. ISO 9001:2015 certified, Divine Power Energy Limited employs 40 people as of June 2024.

DRHPANCHOR
₹36 - ₹40393.74x sub
Listed Price₹155.00
Listing Gain+287.50%

IPO Schedule & Timeline

Book Built Issue IPO
Open25 Jun 2024
Close27 Jun 2024
Allotment28 Jun 2024
Listing02 Jul 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail21,11,978 shares
37.12%
Nii(hni)9,05,134 shares
15.91%
QIB12,17,110 shares
21.39%
Market Maker2,88,000 shares
5.06%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,20,000
HNI2 Lots (6,000 shares)
₹2,40,000

Company Promoters

Mr Rajesh GiriMr Vikas TalwarMs Dali Giri

Company Background

Divine Power Energy Limited, incorporated in 2001, manufactures Bare Copper/Aluminum Wire, Bare Copper/Aluminum Strip, Winding Copper/Aluminum Wire, and Winding Copper/Aluminum Strip, utilizing annealing and insulating processes with materials like paper, cotton, and fiberglass. Supplying fiberglass-covered wires and strips to Punjab, Bengaluru, and Ahmedaba...

Lead Managers & Bankers

Khambatta Securities Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹22272 Cr
Growth+81.2%
Revenue Trend (₹ in Crores)
0.08.5k17.1k25.6kMar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-2422,272.00640.598,889.245,785.44
Mar-2315,084.20284.947,253.314,763.84
Mar-2212,290.3880.516,276.464,466.34

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Dec-23 4.0625.06%16.25%9.8513.41
Mar-23 2.3117.97%14.77%00
Mar-220.666.64%8.87%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
28 Jun 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
02 Jul 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Divine Power Energy. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization28 Jun 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date02 Jul 2024Trading commences on exchange

How to Check Divine Power Energy Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Divine Power Energy from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Divine Power Energy IPO

Complete issue overview for Divine Power Energy (DPEL) IPO. The issue features an equity share price band of ₹36 – ₹40 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions