Divine Power Ipo
Objects of the Issue:
To meet the working capital requirements of the Company
General Corporate Purpose
Divine Power IPO Review
May Apply
Peer Group
Shera Energy Limited
Bhagyanagar India Limited
Rajnandini Metal Limited
Ram Ratna Wires Limited
Precision Wires India Limited
Company Promoters
Mr Rajesh Giri
Mr Vikas Talwar
Ms Dali Giri
Divine Power IPO Lead Managers aka Merchant Bankers
Khambatta Securities Limited
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3000 | ₹120,000 |
| Retail Maximum | 1 | 3000 | ₹120,000 |
| S-HNI Minimum | 2 | 6000 | ₹240,000 |
| IPO Open Date: | June 25, 2024 |
| IPO Close Date: | June 27, 2024 |
| Basis of Allotment: | June 28, 2024 |
| Refunds: | July 1, 2024 |
| Credit to Demat Account: | July 1, 2024 |
| IPO Listing Date: | July 2, 2024 |
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹122.90 | ₹121.79 | ₹0.81 |
| 2023 | ₹150.84 | ₹146.20 | ₹2.85 |
| 2024 | ₹222.72 | ₹214.56 | ₹6.41 |
| Earning Per Share (EPS): | ₹4.06 per Equity Share |
| Price/Earning P/E Ratio: | [.] |
| Return on Net Worth (RoNW): | 25.06% |
| Net Asset Value (NAV): | ₹16.20 per Equity Share |
| IPO Open: | June 25, 2024 |
| IPO Close: | June 27, 2024 |
| IPO Size: | Approx ₹22.76 Crores, 5,690,000 Equity Shares |
| Fresh Issue: | Approx ₹22.76 Crores, 5,690,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹36 to ₹40 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |