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June 25, 2024 - June 27, 2024

Divine Power IPO FAQ

Divine Power IPO Date & Price

The Divine Power IPO opens on June 25, 2024 and closes on June 27, 2024.

Divine Power IPO timetable / schedule is as below:
  • Bid/Offer Opens On: June 25, 2024
  • Bid/Offer Closes On: June 27, 2024
  • Finalization of Basis of Allotment: June 28, 2024
  • Initiation of refunds: July 1, 2024
  • Credit of Equity Shares: July 1, 2024
  • Listing Date: July 2, 2024

Divine Power IPO price is set at ₹40 per equity share.

Divine Power IPO will close for subscription at 5 PM on June 27, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The Divine Power IPO starts on June 25, 2024. The issue ends on June 27, 2024.

Divine Power IPO Issue Size and Subscription Status

The Divine Power IPO size is 5690000 Equity Shares of ₹10 aggregating up to ₹22.76 Cr.

Divine Power Energy Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Divine Power IPO shares through the banks (using ASBA) or through the broker (using UPI).

Divine Power IPO Offer Size

Qualified Institutional Buyers (QIB)1,217,110 Shares
Non-Institutional Investors (NII)905,134 Shares
Retail Individual Investor (RII)2,111,978 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size4,234,222 Shares

Divine Power IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)135.84 times times
Non-Institutional Investors (NII)473.74 times times
Retail Individual Investor (RII)507.94 times times
Employee Reservations times
Other Reservations times
Total Issue Size393.67 times times

Click here to check the Divine Power IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Divine Power IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Divine Power IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Divine Power IPO Allotment and Listing

The Divine Power IPO allot status will be available online on June 28, 2024. Check the Divine Power IPO Allotment Status here.

Click here to check Divine Power IPO Allotment Status.

The Divine Power IPO listing data are not available. The date is published by the exchange a couple of days before IPO shares listing.

Click here to view the Divine Power IPO Basis of Allotment.

It is hard to say at what price Divine Power IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Divine Power IPO shares are proposed to list on June 28, 2024 at NSE SME. The actual listing date will be announce by the exchange.

Divine Power IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Divine Power IPO which could help you with questions like Divine Power IPO buy or not? You should also read Divine Power IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Divine Power IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Divine Power IPO performance. The performance reports are available 1 day after listing.

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