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| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹22.75 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹22.75 Cr |
| Fresh Issue | ₹21.60 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹36.00-40.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | DPEL |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Khambatta Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
Incorporated in 2001, Divine Power Energy Limited manufactures Bare Copper/Aluminum Wire, Bare Copper/Aluminum Strip, Winding Copper/Aluminum Wire, and Winding Copper/Aluminum Strip. Winding wires/strips are produced by annealing and insulating wires/strips and covering them with materials like paper, cotton, fibreglass, etc.
The company has sent fiberglass-covered wires/strips to markets in Punjab, Bengaluru, and Ahmedabad. It sees potential in markets like Maharashtra.
The company primarily sells winding wires to power distribution companies and transformer manufacturers.
The company's clients include TATA Power Limited, Pashchimanchal Vidyut Vitran Nigam Limited, BSES, Madhyanchal Vidyut Vitaran Nigam Limited, Dakshinanchal Vidyut Vitran Nigam Limited, Purvanchal Vidyut Vitaran Nigam Limited, Uttarakhand Power Corporation Limited, etc.
The company's manufacturing facility is in Sahibabad, Ghaziabad. It covers a total area of 1,777 square meters. The facility can handle 300 metric tonnes of aluminum and 400 metric tonnes of copper per month.
DPEL is an ISO 9001:2015 certified by International Management Certification, a body accredited by the Global Accreditation Assessment Forum Series.
As of June 2024, the company employs a total of 40 people in various departments.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement including margin money | 18.00 |
| 2 | General Corporate Purpose | 3.50 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 88.89 | 72.53 | 62.76 |
| Total Income | 222.72 | 150.84 | 122.90 |
| Profit After Tax | 6.41 | 2.85 | 0.81 |
| NET Worth | 25.57 | 19.16 | 12.46 |
| Reserves and Surplus | 9.79 | 3.38 | 12.32 |
| Total Borrowing | 57.85 | 47.64 | 44.66 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 25.06% |
| ROCE | 16.25% |
| Debt / Equity | 2.26% |
| RoNW | 25.06% |
| PAT Margin | 2.88% |
| Price to Book Value | 2.47 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 4.06 | 2.98 |
| P/E (x) | 9.85 | 13.41 |
| Promoter Holding | 100.00% | |
| Market Cap | ₹85.88 Cr. | |
