IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Divine Power Energy IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Cables And Wires sector. Khambatta Securities is the merchant banker of Divine Power Energy IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 20th January 2024.
Divine Power Energy IPO open date is 25th June 2024 and close date is 27th June 2024. IPO Allotment Date is 28th June 2024 and Listing date is 2nd July 2024.Divine Power Energy IPO size is Rs 22.76 Cr. crores with IPO price of Rs 40.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Khambatta Securities Limited is the book-running lead manager of the Divine Power Energy IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Divine Power Energy IPO.
Divine Power Energy IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Imvesta Growth Scheme | 513,000.00 | ₹40.00 | ₹20,520,000.00 |
| Saint Capital Fund | 351,000.00 | ₹40.00 | ₹14,040,000.00 |
| Zinnia Global Fund | 252,000.00 | ₹40.00 | ₹10,080,000.00 |
| Craft Emerging Market | 252,000.00 | ₹40.00 | ₹10,080,000.00 |
| India - Ahead | 252,000.00 | ₹40.00 | ₹10,080,000.00 |
Divine Power Energy IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Divine Power Energy IPO, based in New Delhi, operates in the Cables And Wires sector with a focus on Manufactures Bare Copper/Aluminum Wire. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Divine Power Energy IPO size is ₹ 22.76 Cr. Crores with fresh issue size of Rs 22.76 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Divine Power Energy IPO is expected to be 28th June 2024, after the finalization of basis of allotment. Investors can check Divine Power Energy IPO allotment status on the registrars website, Bigshare Services Private Limited. Divine Power Energy IPO refund dates are 1st July 2024.
Divine Power Energy IPO is expected to be listed on 2nd July 2024.
The upper price band for the Divine Power Energy IPO is set at ₹ 40.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Divine Power Energy IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Divine Power Energy IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 27th June 2024. After submission, funds are blocked until the basis of allotment of Divine Power Energy IPO is finalised.
The merchant banker for Divine Power Energy IPO is Khambatta Securities Limited . Khambatta Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Divine Power Energy IPO RHP for further details.
The registrar for Divine Power Energy IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Divine Power Energy IPO through their official website or helpline.
Divine Power Energy IPO was subscribed 393.67 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 22.76 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.79 Cr.
Sector: Cables And Wires
SME IPO so far:
22
Merchant Banker:
Khambatta Securities
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 222.08 cr.
PE
Ratio:
13.41x
Average Sector PE Ratio: 22.12x
Divine Power Energy IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Divine Power Energy Financial Review Page
Merchant Banker(s) of Divine Power Energy IPO: Khambatta Securities Limited
Divine Power Energy IPO subscription was 393.67 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Divine Power Energy IPO listed at a listing price of 152.30 against the offer price of 40.00.
The current market price of Divine Power Energy is 145.00.
Why Us?
