Divine Power IPO allotment likely to be out today. Latest GMP, steps to check allotment status online

Divine Power IPO opened for subscription connected June 25 and closed connected June 27. Divine Power IPO allotment day is June 28 and the ground of allotment is apt to beryllium fixed soon.

Investors tin cheque Divine Power IPO allotment presumption online done the website of IPO registrar. Bigshare Services Pvt Ltd is the Divine Power IPO registrar.

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The institution is expected to hole the ground of allotment today, and recognition the shares into the demat accounts of eligible investors connected July 1, portion it whitethorn initiate refunds to unsuccessful bidders connected the aforesaid day.

Investors tin bash a Divine Power IPO allotment presumption cheque online by pursuing a fewer elemental steps mentioned below. Here are steps to cheque Divine Power IPO allotment presumption online:

Divine Power IPO Allotment Status

Step 1] Visit IPO registrar’s website connected this nexus - https://ipo.bigshareonline.com/ipo_status.html

Step 2] Select ‘Divine Power Energy Limited’ successful the Company Selection dropdown menu

Step 3] Choose among Application No, Beneficiary Id and PAN successful the Selection Type

Step 4] Enter the details arsenic per the enactment selected

Step 5] Enter the Captcha and click connected ‘Search’

Your Divine Power IPO allotment presumption volition beryllium displayed connected the screen.

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Divine Power IPO Subscription Status

Divine Power IPO received beardown request from investors arsenic the contented was subscribed 393.67 times successful total. The nationalist contented has been subscribed 507.94 times successful the retail category, 135.84 times successful the Qualified Institutional Bidders (QIB) category, and 473.74 times successful the Non-Institutional Investors (NII) category.

Divine Power IPO GMP Today

Divine Power Energy shares are commanding a stellar premium successful the grey market. Divine Power IPO GMP today, oregon grey marketplace premium today, is ₹61 per share, according to banal marketplace observers. This indicates that Divine Power shares are trading higher by ₹61 than ther contented terms successful the grey market.

Considering the IPO terms and the GMP today, the estimated Divine Power IPO listing terms is ₹101 per share, a premium of 152.5% to the contented terms of ₹40 per share.

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Divine Power IPO Details

Divine Power IPO commenced connected June 25 and concluded connected June 27. The institution raised ₹22.76 crore from the SME IPO which was wholly a caller contented of 56.9 lakh equity shares.

Divine Power IPO terms set was acceptable astatine ₹36 to ₹40 per share. 

Divine Power IPO allotment day is today, June 28 and the equity shares of the institution volition beryllium listed connected NSE SME. The IPO listing day is July 2.

Khambatta Securities Limited is the publication moving pb manager of the Divine Power IPO, portion Bigshare Services Pvt Ltd is the IPO registrar.

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Published: 28 Jun 2024, 01:32 PM IST