Divine Power Energy IPO Subscription Status – IPO Closed

Divine Power Energy IPO subscription status started on Tuesday June 25, 2024 and will close on June 27, 2024. Divine Power Energy IPO to raise around ₹22.76 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹36 to ₹40 per equity share.

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The Divine Power Energy IPO minimum market lot is 3000 shares with ₹120,000 application amount. The Divine Power Energy IPO is a SME IPO, and it is to be listed on NSE.

Divine Power Energy Limited is a manufacturer of Bare Copper/ Aluminium Wire, Bare Copper/ Aluminium Strip, Winding Copper/ Aluminium Wire, and Winding Copper / Aluminium Strip. Winding wires/strips are manufactured by annealing and insulating wires/strips and covering them with paper, cotton, fiberglass, etc. Winding wires/ strips covered with paper, crepe paper, and cotton are sold to power distribution companies and transformer manufacturers to manufacture transformers and also to fix normal wear and tear. In the current calendar year, their company started manufacturing wires/strips covered with fiberglass which are used in manufacturing electromagnetic coils, like the one used in lifting magnets which are used to lift heavy objects like containers, machinery, etc. 


IPOWatch View

We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.

Divine Power Energy IPO Subscription Status – Day 3

CategoryDay 1Day 2Day 3
QIB0.060.14135.84
NII16.6563.18473.74
RII28.26104.66507.94
Total17.6765.75393.67


Divine Power Energy IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Divine Power Energy IPO Review

  • May Apply

Divine Power Energy IPO Form

How to apply for the Divine Power Energy IPO? You can apply for Divine Power Energy IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Divine Power Energy IPO in the Invest section. The other option is you can apply for Divine Power Energy IPO via IPO forms downloaded online. Check out the Divine Power Energy forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Divine Power Energy IPO Subscription Status FAQs:


When Divine Power Energy IPO Subscription will start?

The IPO subscription starts on June 25, 2024 for NII, and Retail Investors.

How to subscribe Divine Power Energy IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Divine Power Energy IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Divine Power Energy IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Divine Power Energy “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Divine Power Energy IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Divine Power Energy “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Divine Power Energy IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Divine Power Energy ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

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