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Divine Power: IPO, Share Price and Results Since Listing
Divine Power listed on NSE Emerge on 2 July 2024 after an IPO at INR 40 a share. On 11 November 2026 the shares closed at INR 685.25, 1,613.13% above the issue price. For H1 FY2027 it reported revenue of INR 357.64 crore (+27.96% on a year earlier) and a profit after tax of INR 11.48 crore.
Key Facts
- IPO dates
- 25 June 2024 to 27 June 2024
- Issue price
- INR 40
- Issue size
- INR 22.75 crore
- Subscription
- 393.74 times
- Lead manager
- Khambatta Securities Limited
- Listing day
- opened at INR 155 (+287.50%), closed at INR 152.30 (+280.75%)
- Listed on NSE Emerge
- 2 July 2024
- Symbol
- DPEL
- Latest close
- INR 685.25 on 11 November 2026
- Against issue price
- +1,613.13%
- Lot size now
- 250 shares (INR 1,71,312 at the latest close)
Results Filed With NSE
Consolidated figures, INR crore. Change compares with the same period a year earlier.
| Period | Revenue | Change | Profit after tax | EPS (INR) | Filed | |
|---|---|---|---|---|---|---|
| H1 FY2027 | 357.64 | +27.96% | 11.48 | 4.60 | after listing | 6 November 2026 |
| H2 FY2026 | 346.47 | – | 18.88 | 7.65 | after listing | 15 May 2026 |
| FY2026 | 625.96 | – | 26.71 | 10.83 | after listing | 15 May 2026 |
| H1 FY2026 | 279.49 | – | 7.83 | 3.21 | after listing | 13 November 2025 |
Promoter Holding
Promoter holding has moved from 73.50% on 1 July 2024 to 63.20% on 30 September 2026 (-10.30 percentage points).
| As of | Promoters | Public |
|---|---|---|
| 30 September 2026 | 63.20% | 36.80% |
| 31 March 2026 | 63.20% | 36.80% |
| 30 September 2025 | 63.20% | 36.80% |
| 1 July 2025 | 63.20% | 36.80% |
| 31 March 2025 | 66.40% | 33.60% |
| 22 March 2025 | 66.40% | 33.60% |
| 31 December 2024 | 73.50% | 26.50% |
| 30 September 2024 | 73.50% | 26.50% |
| 1 July 2024 | 73.50% | 26.50% |
Anchor Lock-ins
| Lock-in | Ends |
|---|---|
| 30 days | 28 July 2024 |
| 90 days | 26 September 2024 |
Sources: NSE Emerge filings (results XBRL, shareholding pattern, board meetings), NSE daily price files, and IPO records. Prices are not adjusted for bonus issues or splits.