Divine Power Energy IPO Achieves 60.55x Subscription in Just 2 Days!

Divine Power Energy Limited's IPO sees strong demand, with a 60.55x subscription by Day 2, highlighting high investor confidence in the company's potential and market prospects.
Divine Power Energy IPO Achieves 60.55x Subscription in Just 2 Days!

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.

How To Check Divine Power Energy Limited IPO Subscription Status?

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the Divine Power Energy Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Divine Power Energy IPO Allotment Status

The allotment date for Divine Power Energy 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 IPO Subscription Status

Divine Power Energy Limited IPO has seen strong Day 1 interest, with the issue being oversubscribed 13.45 times. This robust subscription rate highlights significant investor confidence and enthusiasm for the company’s offering in the market.

Divine Power Energy Limited IPO Listing Date 

Divine Power Energy IPO is expected to be listed on the NSE SME on July 2, 2024.

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