Divine Power IPO Date, GMP, Review, Price, Form & Market Lot Details

The Divine Power IPO has begun on 25-June-2024. It will close on 27-June-2024. The Total IPO Size is 22.76 Crores.

Divine Power has set its IPO price is 36-40 Rs Per Share. They divided IPO into three general categories 1) QIB 2) Retail 3) NII.

Divine Power is a manufacturer of Bare Copper/ Aluminium Wire, Bare Copper/ Aluminium Strip, Winding Copper/ Aluminium Wire, Winding Copper / Aluminium Strip.

Winding wires / strips are manufactured by annealing and insulating wires / strips and covering them with paper, cotton, fiberglass etc

Company mainly sells winding wires to the power distribution companies and transformer manufacturers.

The Company has supplied wires / strips covered with fiberglass to markets like Punjab, Bengaluru, Ahmedabad and see good prospects from markets like Maharashtra.

clients such as TATA Power Limited, Pashchimanchal Vidyut Vitran Nigam Limited, BSES, Madhyanchal Vidyut Vitaran Nigam Limited, Dakshinanchal Vidyut Vitran Nigam Limited, Purvanchal Vidyut Vitaran Nigam Limited, Uttarakhand Power Corporation Limited etc.


1) Shera Energy Limited
2) Bhagyanagar India Limited
3) Rajnandini Metal Limited
4) Ram Ratna Wires Limited
5) Precision Wires India Limited

Check :- Upcoming SME IPO 2024

Divine Power IPO Promotor Holding

Mr Rajesh Giri, Mr Vikas Talwar and Ms Dali Giri are the promoters of the company.

Divine Power IPO Date, Details & Price Band

IPO Opening Dates 25-June-2024
IPO Closing Dates 27-June-2024
Price Band 36-40 Rs
Fresh Issue 22.76 Crore
Total IPO size 22.76 Crore
Minimum bid (lot size) 3000 Shares
Face Value 10 INR Per Share
Listing On NSE SME

Divine Power IPO Market Lot

The Divine Power IPO minimum market lot is 3000 shares With 120,000 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 3000 120,000 Rs
Maximum 1 3000 120,000 Rs
S-HNI (Min) 2 6,000 240,000 Rs

Restated Financial Record of the three year (Amt. in Lakhs)

Total Assets Total Revenue Profit After Tax
31-Mar-24 8,889.24 22,272.00 640.59
31-Mar-23 7,253.31 15,084.20 284.94
31-Mar-22 6,276.46 12,290.38 80.51

Divine Power IPO GMP Grey Market Premium

Divine Power IPO GMP Grey market premium has been started today. Check Latest Divine Power IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.

Divine Power IPO Prospectus

Divine Power IPO
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Divine Power IPO Reviews

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Divine Power IPO Form Download

Divine Power IPO is available on NSE Website as well as on our Portal. Please click here

Divine Power IPO form Download.

Divine Power IPO Allotment Date & Details

Allotment Date 28-June-2024
Initiation of refunds 01-July-2024
Transfer of shares to Demat accounts 01-July-2024
Listing Date 02-July-2024
Check Allotment Status Click here

Registrar of Divine Power IPO

Bigshare Services Private Limited
S6-2, 6th Pinnacle Business Park, Mahakali Caves
Road, next to Ahura Centre, Andheri East, Mumbai–
400093, Maharashtra, India.
Tel.: +91 22 6263 8200, Fax: +91 22 6263 8299
E-Mail: [email protected]
Investor Grievance Email:
[email protected]
Website: www.bigshareonline.com
Contact Person: Mr. Vinayak Morbale
SEBI Regn. No.: INR000001385

Divine Power Contact 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/

Divine Power IPO Lead Managers

806, 8th Floor, Tower-B, World Trade Tower, Noida
Sector-16, Uttar Pradesh-201301, India.
Tel: +91-9953989693, 0120-4415469
Email: [email protected]
Investor Grievance Email:
[email protected]
Website: www.khambattasecurities.com
Contact Person: Mr. Chandan Mishra;
Mr. Vipin Aggarwal
SEBI Registration No.: INM000011914