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IPO

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Divine Power Energy Ltd

Divine Power Energy Ltd

    Registered Office : Unit No Offices 1st Flr CSC II,B Block Surajmal Vihar,New Delhi New Delhi 110092 Phone : 011 3600 1992/ 2842
    Fax :

    Email : info@dpel.in

    Website : www.dpel.in

Initial public issue of up to 56,88,000 equity shares of face value of Rs. 10.00 each ("Equity Shares") of the company for cash at a price of Rs. 40.00 per equity share (including a share premium of Rs. 30.00 per equity share) ("Issue Price") aggregating up to Rs. 22.75 crores ("Issue / Offer"). This issue includes a reservation of up to 2,88,000 equity shares aggregating up to Rs. 1.15 crores for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute 26.50% and 25.15%, respectively, of the post-issue paid-up equity share capital of the company, respectively.

Issue

Opens On

Closes On

25-Jun-2024

27-Jun-2024

Money Payable On

Application

Allotment

40.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

21.50

22.75

21.47

40.00

Khambatta Securities Ltd

Projects
  • Working capital requirement
  • General corporate purposes
Promoted By
  • Rajesh Giri
  • Vikas Talwar
  • Dali Giri
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd