Divine Power Energy IPO (Divine Power IPO) GMP

 
Divine Power IPO GMP

IPO Open Date: June 25, 2024

IPO Close Date: June 27, 2024

IPO Price: ₹36 to ₹40 per share

Lot Size: 3000 Shares

Listing: July 2, 2024

Divine Power– Are you looking for Divine Power IPO GMP / Grey Market Premium and Kostak rate? You are at the right place, here you will get the latest Divine Power IPO GMP live.

The public issue of Divine Power will open on June 25, 2024 and remain open until June 27, 2024 for bidding. It has set the price band at approximately ₹36 to ₹40 per equity share and expects to raise ₹22.76 crore.

Ahead of Divine Power opening date, grey market indicators are pointing to positive developments.

Divine Power IPO GMP

Divine Power Grey Market Premium (GMP) is currently at ₹61 , indicating the demand for the company's shares in the unofficial market.

Divine Power IPO price band

The price band for Divine Power initial public offering (IPO) has been set at ₹36 to ₹40 per equity share, offering potential investors a range within which they can place their bids.

Divine Power IPO date

Starting from June 25, 2024, the IPO will be open for bidders to participate, and it will remain open until June 27, 2024, providing a limited window for interested parties to take part in the offering.

Divine Power IPO size

With an ambitious goal of raising ₹22.76 Crores, Divine Power is poised to make a significant impact in the financial markets through its IPO.

Divine Power IPO lot size

Investors can apply for the IPO in lots, with each lot comprising 3000 shares, allowing them to tailor their investment based on their financial capacity and strategic objectives.

Divine Power IPO application limit

The application limit for the IPO is set at a minimum of 1 lot for bidders, while retail investors have the opportunity to apply for up to 1 lots, offering flexibility in participation.

Divine Power allotment date

The tentative schedule for the allotment of Divine Power IPO shares is June 28, 2024, providing a timeline for successful bidders to receive their allocated shares.

Divine Power IPO listing

Divine Power aims to list its shares on July 02, 2024, subject to market conditions, with plans to list on both the BSE and NSE, signaling a significant milestone for the company.

Divine Power IPO registrar

Bigshare Services Pvt Ltd has been entrusted with the crucial role of serving as the registrar for Divine Power, ensuring a smooth and efficient process for all stakeholders involved.

Investors and market analysts are closely monitoring the developments surrounding Divine Power IPO, as it presents an opportunity to gauge the market's response to the company's offering. The subscription data and final oversubscription figures will provide valuable insights into the demand for AIK Pipes And Polymers's shares and the overall investor sentiment.

Divine Power IPO is generating considerable interest due to the company's strong presence in the engineering and design services sector, as well as its diverse client base spanning various industries. Additionally, the IPO's performance will be indicative of investor confidence in the broader economic outlook and the attractiveness of the Indian capital markets.

As the IPO progresses through its various stages, prospective investors will closely analyze factors such as the company's financial performance, growth prospects, and competitive positioning to make informed decisions about participating in the offering. This heightened interest is expected to contribute to robust trading activity following the listing of Divine Power shares.

The successful execution of Divine Power IPO is anticipated to further bolster the company's financial position and provide funds for strategic initiatives, expansion plans, and potential acquisitions. Moreover, it will offer an opportunity for retail investors, institutional investors, and other market participants to gain exposure to a prominent player in the engineering and design services sector.

Overall, Divine Power IPO is poised to make a significant impact on the Indian markets, and its outcome will be closely observed as a barometer of investor confidence and market dynamics.

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About Ishika Agarwal

Ishika Agarwal is a seasoned financial writer with a strong background in the stock market and investment sector. Ishika has a passion for analyzing and interpreting complex financial data to provide valuable insights to her readers.

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