Divine Power Energy IPO Allotment Status, Subscription, and IPO Details

The Divine Power Energy IPO allotment is set for June 28, 2024, with shares priced at ₹36 to ₹40 per share. The offering allows bidding for lots of 3000 shares or multiples thereof.
Divine Power Energy IPO Allotment Status, Subscription, and IPO Details

Divine Power Energy Ltd IPO Allotment Status 

The allotment date for the Divine Power Energy IPO is set for June 28, 2024, with shares priced at a range of ₹36 to ₹40 per share and a face value of ₹10. The offering consists of lots of 3000 shares, with bids accepted for these lots or their multiples.

Divine Power Energy Ltd IPO Allotment Status Check 

To ascertain their allocation status for the Divine Power Energy IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Bigshare Services website.

IPO Allotment Status BSE 

Here are steps to check Divine Power Energy Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Divine Power Energy Ltd from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Divine Power Energy allotment status on Bigshare Services website

Step 1: Visit IPO registrar website – Bigshare Services

Step 2: Select ‘Divine Power Energy’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Divine Power Energy IPO allotment status will be reflected on the screen.

Divine Power Energy Limited IPO GMP Today

The Divine Power Energy IPO GMP (Grey Market Premium) is ₹61 as of June 27.

Divine Power Energy Limited IPO Subscription Status 

Divine Power Energy Limited IPO has experienced significant demand, achieving a subscription rate of 60.55 times by the end of Day 2. This strong response reflects high investor confidence in the company’s potential and market prospects.

Divine Power Energy Limited IPO Details

The Divine Power IPO aims to raise ₹22.76 crore through 5.69 million shares at ₹10 each, without an offer-for-sale. Proceeds will enhance working capital and support general corporate activities. Khambatta Securities manages the IPO, with Bigshare Services as the registrar and Nikunj Stock Brokers as the market maker. 

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