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Divine Power Energy IPO

Listed Listed stocks

Divine Power Energy IPO Details

  • Bidding Date

    25-Jun-2024 to
    27-Jun-2024

  • Issue Size

    ₹22.76 Cr

  • Price Band

    ₹36 to ₹40

  • Allotment date

    28-Jun-2024

  • Listing date

    02-Jul-2024

  • Lot size

    3000

  • No. of shares

    56,90,000

  • Fresh issue/OFS

    ₹22.76 Cr /--

About Divine Power Energy Company

Divine Power Energy Limited, originally incorporated on August 24, 2001, underwent several name changes and structural transformations over the years. The company specializes in the manufacturing of Bare Copper/Aluminium Wire, Bare Copper/Aluminium Strip, Winding Copper/Aluminium Wire, and Winding Copper/Aluminium Strip. The company supplies its products primarily to power distribution companies and transformer manufacturers, playing a crucial role in the manufacturing and maintenance of transformers. In 2023, the company expanded its product range to include fiberglass-covered wires and strips, which are used in electromagnetic coils for heavy lifting equipment. Additionally, the company has ventured into trading super enamelled wires and strips to meet customer demand and stay competitive. Divine Power Energy Limited serves prominent clients like TATA Power Limited, BSES, and various state power corporations, ensuring a stable demand for its products.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    293x

Divine Power Energy Financials

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FAQs for Divine Power Energy IPO.

The issue size of Divine Power Energy is ₹22.76 Cr.

Divine Power Energy falls into Machinery & Equipments industry.

The Divine Power Energy IPO will be listed on BSE.

The open and close dates for the Divine Power Energy are 25-Jun-2024 & 27-Jun-2024.

The price band for the Divine Power Energy ipo is ₹36 to ₹40

The listing date of Divine Power Energy IPO is 02-Jul-2024.

The purpose of this IPO is to raise fresh capital.

Divine Power Energy total subscription ratio is 293X.

Key financial of the Divine Power Energy are:


Divine Power Energy FY-24 FY-23 FY-22
Revenue (₹ Cr) 222.08 150.59 122.49
EBIT (₹ Cr) 12.92 8.9 4.74
Proft after Tax (₹ Cr) 6.41 2.85 0.9
Debt (₹ Cr) 57.85 47.64 44.66
Net Worth (₹ Cr) 25.57 19.26 12.56
RoE (%) 25.07 14.8 7.18

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