Divine Power Energy Limited IPO
Divine Power Energy Limited was a SME IPO in the Cables - Electricals sector, offered at ₹36–₹40 per share to raise ₹6 crore. It listed on 2 Jul 2024 at ₹155 and closed its first day at ₹152, a listing gain of +280.8% versus the ₹40 issue price. It now trades around ₹578 (+1345.9% versus the issue price).
Frequently asked questions
- What were the Divine Power Energy Limited IPO listing gains?
- Divine Power Energy Limited listed on 2 Jul 2024 at ₹155, closing its first day at ₹152 — a listing gain of +280.8% versus the ₹40 issue price.
- What was the price band and lot size of the Divine Power Energy Limited IPO?
- The price band was ₹36–₹40 per share, with a minimum lot of 3,000 shares (₹1,20,000 at the upper band).
- Who were the registrar and lead manager for the Divine Power Energy Limited IPO?
- Bigshare Services Private Limited was the registrar, and Khambatta Securities was the book-running lead manager.