Divine Power IPO GMP Today, Divine Power Grey Market Premium

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Divine Power IPO GMP Today in the Grey Market is Not Available at The Moment. Investors are Advised to Closely Monitor Market Trends and consult Reliable Sources for the Most up-to-date Information. It is important to Exercise Caution and Conduct Thorough Research Before Making Any Investment Decisions.

About Divine Power IPO-

How Much GMP Price Divine Power IPO today?, live Grey Market Premium Kostak Rates today live Divine Power IPO Now. Subject to sauda Rate today, Divine Power IPO as of today Subject to sauda rates kostak.

Divine Power IPO is to open on 25 June, 2024. Divine Power is a SME IPO to Raise 5,690,000 shares (Approx ₹22.76 Cr) Via IPO. The Divine Power IPO Price Band is Fixed At ₹40 Per Every Share With a IPO Lot Size of 3000 Shares.

About Divine Power Data Like –
  • Ajaynath Usare is the CEO of Divine Power and Divine Power was founded in the year 2001 and has just completed 23 years in operation.
  • Divine Power In the current calendar year our 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. The Company has supplied wires / strips covered with fiberglass to markets like Punjab, Bengaluru, Ahmedabad and see good prospects from markets like Maharashtra.
  • In the recent past the Company has started trading in super enameled wires and strips in an effort to cater customer demand and remain competitive. The Company may deliberate to manufacture super enameled wires and strips considering anticipated demand, market trends, and the company’s overall goals.

Divine Power IPO GMP With Per Lot Profit

DATE IPO GMP PRICE EST LISTING PRICE
2 July ₹60 ₹100
1 July ₹60 ₹100
30 June ₹60 ₹100
29 June ₹60 ₹100
28 June ₹60 ₹100
27 June ₹60 ₹100
26 June ₹60 ₹100
25 June ₹60 ₹100
24 June ₹52 ₹92
23 June ₹52 ₹92
22 June ₹52 ₹92
21 June ₹42 ₹82
20 June ₹42 ₹82
19 June ₹29 ₹67
18 June ₹0 ₹0
17 June ₹0 ₹0

Also Read : Divine Power IPO Details Today, Date, Price, GMP, Review, Details

Latest IPO GMP

We Update live GMP status of all upcoming IPOs every day until the IPO gets listed on the stock exchange. You can easily see the GMP price of all IPOs on our IPO GMP dashboard. We update IPO GMP performance regularly on Moneymintidea.com. You can easily get a rough idea of the GMP of all IPOs and what the listing price of the IPO is going to be.

IPO Grey Market Premium (GMP) 

Before investing money in any IPO, one should pay more attention to the fact that the IPO GMP price is very volatile, if you are thinking of investing in Divine Power IPO by looking at the GMP price, then your decision may prove to be quite risky. Before investing in a new IPO, you should have good knowledge about the business of the company. It should be your decision whether to invest in Divine Power IPO or not and not by looking at the GMP price of the IPO.

A good GMP premium/price gives you an indication of how much profit the IPO will make upon listing. Rather, if the GMP premium of an IPO is negative, then one should avoid investing money in that IPO. Readers should consult a qualified financial advisor before making investment decisions.

Any reader making any investment decision based on the information published here does so entirely at his own risk. Investors should be aware that any investment in the equity market is subject to unpredictable market-related risks. The author does not intend to invest in this offering.

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