Divine Power Energy IPO Subscription Details

Bookbuilding IPO | ₹23 Cr | Listed at NSE SME | Tue, Jun 25, 2024 - Thu, Jun 27, 2024

Basis of Allotment - Divine Power Energy IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)10,80,00016,20,00027,00,0008,10,00018,90,00054,00,000
Allotment price (Rs.)404040404040
No.of applications6156620,5853,50,9453,71,596
No.of shares applied16,40,73,00016,20,00016,56,93,00042,40,92,0001,05,28,35,0001,64,26,20,000
Amount collected (Rs.cr.)656.29 6.48 662.77 1,696.37 4,211.34 6,570.48
No.of times subscribed151.921.0061.37523.57557.06304.19
No.of shares allotted10,80,00016,20,00027,00,0008,10,00018,90,00054,00,000
Amount (Rs.cr.)4.32 6.48 10.80 3.24 7.56 21.60
No.of allottees60565258630953

IPO Shares Offered

Divine Power Energy IPO is a public issue of 0.54 Cr equity shares. The issue offers 0.19 Cr shares to retail investors, 0.27 Cr shares to qualified institutional buyers, and 0.08 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,88,0001.15 5.06%
QIB 27,00,00010.80 47.47%
    Anchor 16,20,000 6.48 28.48%
    QIB (Ex Anchor) 10,80,000 4.32 18.99%
NII* 8,10,0003.24 14.24%
Retail18,90,0007.56 33.23%
Total56,88,00022.75 100%

Divine Power Energy IPO Anchor Investor Allocation

A total of 16,20,000 shares at a price of Rs 40 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJun 24, 2024
Anchor investor price₹40.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days8,10,000
No. of shares locked-in for 90 days8,10,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 IMVESTA GROWTH SCHEME IMVESTA 5,13,000 2.05 31.67 9.02
2 SAINT CAPITAL FUND SAINT CAPITAL 3,51,000 1.40 21.67 6.17
3 ZINNIA GLOBAL FUND PCC-NOLANA ZINNIA GLOBAL FUND PCC 2,52,000 1.01 15.56 4.43
4 CRAFT EMERGING MARKET FUND PCC-CITADEL CAPITAL FUND CRAFT EMERGING MARKET FUND PCC 2,52,000 1.01 15.56 4.43
5 INDIA-AHEAD VENTURE TRUST INDIA-AHEAD VENTURE 2,52,000 1.01 15.56 4.43
16,20,0006.4810028.48

IPO Subscription FAQs

The Divine Power Energy IPO is subscribed 393.67 times by Jun 27, 2024 18:19.

Divine Power Energy IPO Subscription

Investor Category Subscription (times)
Qualified Institutional135.84
Non Institutional473.74
Retail Individual507.94
Total Subscription393.67

Retail category of Divine Power Energy IPO subscribed 507.94 times as of date Jun 27, 2024 18:19. The public issue closes on Thu, Jun 27, 2024 for bidding.

An investor can apply in Divine Power Energy IPO online via bank (using ASBA) or the broker (using UPI). The Divine Power Energy IPO shares are offered online only.

The Divine Power Energy IPO is subscribed 393.67 times by Jun 27, 2024 18:19.

The Divine Power Energy IPO allotment status is expected on or around Friday, June 28, 2024. Visit Divine Power Energy IPO allotment status to check.

The Divine Power Energy IPO listing date is July 2, 2024. The equity share of Divine Power Energy IPO will list on NSE SME.

Visit Divine Power Energy IPO subscription status page for real-time bidding information about Divine Power Energy IPO.

Divine Power Energy IPO Timetable

IPO opens OnTuesday, June 25, 2024
IPO Closes OnThursday, June 27, 2024
Finalisation of Basis of AllotmentFriday, June 28, 2024
Initiation of RefundsMonday, July 1, 2024
Credit of Shares to Demat AccountMonday, July 1, 2024
IPO Listing DateTuesday, July 2, 2024
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