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Saravan Stocks
       
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.
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 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 through Current Offer 22.75  
Post Issue Equity Share Capital 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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Email ID: info@ssplwealth.com       Customers grievances : grievances@ssplwealth.com     Compliance officer : Mr.R Udayakumar , compliance@ssplwealth.com,  Mobile No: 7305522205
Hit Count : 33949369
SEBI Regn.Nos : NSE/BSE-INZ000192638 | CDSL : IN-DP-262-2016
Member IDs : NSE : 11221 | BSE : 6292 | CDSL : 12045000 | MCX : 56990 | AMFI Regn.No : 2662
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