SMEClosed

Divine Power Energy Limited IPO Subscription Status

📅Offer Date: 25 Jun 2024 – 27 Jun 2024

Minimum investment
₹1,20,0003000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total393.74x
QIB0.00x
NII0.00x
Retail507.94x

Divine Power Energy Limited IPO was subscribed 393.74x in total when bidding closed on 27 Jun 2024, with 0.00x in the QIB category, 0.00x in NII, 507.94x in retail. The issue ran from 25 Jun 2024 to 27 Jun 2024 at a price band of ₹36.00–₹40.00 per share.

QIB0.00xNII0.00xRetail507.94xTotal393.74x1×

Times subscribed by category against the 1× line.

508
≈ 1 in 508 retail allotment
low allotment chance

Based on retail subscription (507.94x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail21,11,9781,07,27,58,105507.94x
Total42,34,2221,66,71,82,570393.74x
QIB / NII12,17,11000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail8.454291.03507.94x
QIB / NII4.87—0.00x
Total13.324291.03393.74x

Values derived from share count × issue price (₹40.00)

What this means for allotment & listing

Because Divine Power Energy Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Divine Power Energy Limited IPO subscription FAQs