Contents
- 1 Table of Contents
- 2 Divine Power Energy IPO Details
- 3 Divine Power Energy IPO Date
- 4 Lot Size
- 5 Divine Power Energy IPO GMP (Grey Market Premium)
- 6 Divine Power Energy IPO Subscription Status
- 7 Divine Power Energy IPO Allotment Status
- 8 Know About Company
- 9 Objects of the Issue
- 10 Promoters Holding
- 11 Divine Power Energy Limited Financial Report
- 12 KPI Of Divine Power Energy Limited
- 13 Peer Group
- 14 Divine Power Energy Limited IPO Registrar
- 15 Divine Power Energy Limited IPO Lead Manager
- 16 Divine Power Energy Limited Contact
- 17 Divine Power Energy Limited IPO Application Form PDF
- 18 FAQs
Divine Power Energy IPO: Divine Power Energy Limited IPO is open for subscription on June 25, 2024 and closes on June 27, 2024. The allotment for the IPO is expected on June 28, 2024. Divine Power Energy IPO will be listed on NSE SME with a listing date fixed as July 02, 2024.
Divine Power Energy IPO is a fixed price issue amounting to Rs 16.05 crores. The entire issue comprises a fresh offering of 37.32 lakh shares. The price band for the IPO is fixed at ₹43 per share.
Source from Divine Power Energy IPO RHP
Table of Contents
Divine Power Energy IPO Details
| Open Date | June 25, 2024 |
| Close Date | June 27, 2024 |
| Listing Date | July 02, 2024 |
| IPO Size | Aggregating up to ₹16.05 Cr. |
| Fresh Issue | 37.32 lakh shares |
| Face Value | ₹10 per share |
| IPO Price Band | ₹43 per share |
| IPO Listing on | NSE SME |
| Lot Size | 3000 Shares |
| OFS | NA |
| Share Offered to Retail | 35% |
| Share Offered to QBI | 50% |
| Share Offered to HNI | 15% |
Divine Power Energy IPO Date
- IPO Open Date: June 25, 2024
- IPO Close Date: June 27, 2024
- Allotment: June 28, 2024
- Refunds: July 01, 2024
- Shares Credit to Demat: July 01, 2024
- Listing Date: July 02, 2024
Lot Size
| Application Type | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹120,000 |
| Retail (Max) | 1 | 3000 | ₹120,000 |
| HNI (Min) | 2 | 6000 | ₹240,000 |
Divine Power Energy IPO GMP (Grey Market Premium)
If you want to know Visaman Global Sales IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.
Divine Power Energy IPO Subscription Status
Divine Power Energy IPO subscription starts on June 25, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
Divine Power Energy IPO Allotment Status
To check Divine Power Energy’s IPO allotment status go to the IPO registrar website ”Bigshare Services Pvt Ltd” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.
- Go to the Link given above.
- Select the IPO Name
- Enter your PAN/ DP ID/ Application No
- Submit details and get the allotment status.
Know About Company
Divine Power Energy Limited specializes in manufacturing Bare Copper and Aluminum Wire, as well as Winding Wire and Strip. These products are insulated and covered with materials like paper and fibreglass.
The company serves markets including Punjab, Bengaluru, and Ahmedabad, and aims to expand into Maharashtra.
Divine Power Energy primarily supplies winding wires to power distribution companies and transformer manufacturers.
Its clients include TATA Power Limited and various state electricity boards.
Located in Sahibabad, Ghaziabad, the company’s manufacturing facility spans 1,777 square meters and can process 300 metric tonnes of aluminium and 400 metric tonnes of copper monthly.
DPEL holds ISO 9001:2015 certification from International Management Certification, accredited by the Global Accreditation Assessment Forum Series.
Objects of the Issue
- Funding Working Capital Requirements of our Company; and
- General corporate purposes.
Promoters Holding
Before the issue, Mr. Rajesh Giri, Mr. Vikas Talwar, and Ms. Dali Giri collectively hold 100% of the company’s shares.
Divine Power Energy Limited Financial Report
| Financial Year Ended | 31 Mar 2024 (₹ Lakhs) | 31 Mar 2023 (₹ Lakhs) | 31 Mar 2022 (₹ Lakhs) |
|---|---|---|---|
| Assets | 8,889.24 | 7,253.31 | 6,276.46 |
| Revenue | 22,272.00 | 15,084.20 | 12,290.38 |
| Profit After Tax (PAT) | 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 |
This table provides a clear overview of Divine Power Energy Limited’s financial metrics for the years ending March 31, 2022, 2023, and 2024, including assets, revenue, profit after tax, net worth, reserves and surplus, and total borrowing.
KPI Of Divine Power Energy Limited
Key performance indicators for Divine Power Energy Limited as of March 31, 2024:
| Financial Year Ended | March 31, 2024 (₹ Lakhs) |
|---|---|
| Revenue from Operations | 22,208.00 |
| Total Income | 22,272.00 |
| EBITDA | 1,500.50 |
| EBITDA Margin | 6.76% |
| PAT (Profit After Tax) | 640.59 |
| PAT Margin | 2.88% |
| Operating Cash Flow | (282.08) |
| Net Worth | 2,556.53 |
| Net Debt | 5,738.86 |
| Debt Equity Ratio | 2.26 |
| ROCE (%) | 16.25% |
| ROE (%) | 25.06% |
Peer Group
- Shera Energy Limited
- Bhagyanagar India Limited
- Rajnandini Metal Limited
- Ram Ratna Wires Limited
- Precision Wires India Limited
Divine Power Energy Limited IPO Registrar
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: ipo@bigshareonline.com
Website: www.bigshareonline.com
Divine Power Energy Limited IPO Lead Manager
KHAMBATTA SECURITIES LIMITED
806, 8th Floor, Tower-B, World Trade Tower, Noida
Sector-16, Uttar Pradesh-201301, India.
Tel: +91-9953989693, 0120-4415469
Email: ipo@khambattasecurities.com
Investor Grievance Email:
mbcomplaints@khambattasecurities.com
Website: www.khambattasecurities.com
Divine Power Energy Limited Contact
Divine Power Energy Limited
Unit No. Offices, 1st Floor
CSC-II, B-Block, Surajmal Vihar
New Delhi-110092,
Phone: 011-36001992
Email: info@dpel.in
Website: https://www.dpel.in/
Divine Power Energy Limited IPO Application Form PDF
To download the Divine Power Energy Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.
FAQs
When does Divine Power Energy Limited IPO open for subscription?
The Divine Power Energy Limited IPO opens for subscription on June 25, 2024.
What is the closing date for Divine Power Energy Limited’s IPO?
The closing date for Divine Power Energy Limited’s IPO is June 27, 2024.
The allotment of Divine Power Energy Limited IPO shares is expected on June 28, 2024.
What is the price band for Divine Power Energy Limited IPO?
The price band for Divine Power Energy Limited IPO is ₹62 to ₹64 per share.
