IPO SYNOPSIS

Divine Power Energy Ltd
Registered Office:
Unit No Offices 1st Flr CSC II,B Block Surajmal Vihar,
New Delhi - 110092,
New Delhi, India.
Email :  info@dpel.in
Website :  www.dpel.in
Initial public issue of up to 56,88,000 equity shares of face value of (₹) 10.00 each ("Equity Shares") of the company for cash at a price of (₹) 40.00 per equity share (including a share premium of (₹) 30.00 per equity share) ("Issue Price") aggregating up to (₹) 22.75 crores ("Issue / Offer"). This issue includes a reservation of up to 2,88,000 equity shares aggregating up to (₹) 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
Money Payable On
Opens On
Closes On
Application
Allotment
25-Jun-24
27-Jun-24
40.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 3000     Further Multiples of : 3000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
21.50
Khambatta Securities Ltd
Project Financed
22.75
 
Post Issue
21.47
 
Issue Price
40.00
 
Projects
Working capital requirement
General corporate purposes
Promoted By
Rajesh Giri
Vikas Talwar
Dali Giri
Listing At
NSE - SME
Registrar to the Issue
No Data Available!!!
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