Divine Power Energy specializes in the manufacture of Bare Copper/Aluminum Wire, Bare Copper/Aluminum Strip, Winding Copper/Aluminum Wire, and Winding Copper/Aluminum Strip. The company’s winding wires and strips undergo processes such as annealing, insulating, and being covered with materials like paper, cotton, and fibreglass. These products are distributed to markets in Punjab, Bengaluru, and Ahmedabad, with plans to expand into Maharashtra. Divine Power Energy primarily serves power distribution companies and transformer manufacturers. Its notable clients include TATA Power Limited, Pashchimanchal Vidyut Vitran Nigam Limited, BSES, Madhyanchal Vidyut Vitaran Nigam Limited, Dakshinanchal Vidyut Vitran Nigam Limited, Purvanchal Vidyut Vitaran Nigam Limited, and Uttarakhand Power Corporation Limited.

Divine Power Energy Subscription Details

Divine Power Energy Allotment & Listing Dates

The allotment of Divine Power Energy is to be done on Friday (28/06/2024) by Bigshare Services Pvt Ltd (Registrar) and the listing date of the shares is on Tuesday (2/07/2024). The shares of the company is going to list at NSE at 10 A.M on the listing date.

To check your allotment status, click here.

Also Read- Shivalic Power Control Ltd IPO subscribed 257 times today. Check GMP & Allotment details

Divine Power Energy IPO GMP Today

The current GMP of the company is around Rs.  50-60  which is around 125 % of the Issue price . It is expected that investors can get a profit of 125 % per lot if the stock lists at such GMP price.

Note: The GMP fluctuates on the basis of market demand.

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