Divine Power Energy Limited (DPEL) was initially incorporated on August 24, 2001, as PDRV Enterprises Private Limited', a Private Limited Company with the Registrar of Companies, NCT of Delhi & Haryana. The Company's name was changed from PDRV Enterprises Private Limited' to Dee Power and Electricals Private Limited' dated May 11, 2023. Again, the name was changed from Dee Power and Electricals Private Limited' to Divine Power Energy Private Limited' dated July 11, 2023. Subsequently, Company got converted from a Private Company to Public Company dated August 03, 2023 attaining the name of the Company to Divine Power Energy Limited'.
The Company made a fresh issue of 56,88,000 equity shares of Rs 10 each by raising Rs 22.76 crore by way of IPO on June 28, 2024.
The Company is a manu ...facturer of insulated wire, cable wire, cable and other insulated conductors at Sahibabad (Uttar Pradesh). Company mainly sells winding wires to the power distribution companies and transformer manufacturers. Initially, Company started trading in super enamelled wires and strips to customer demand and remain competitive. It started manufacturing wires / strips covered with fiberglass used in manufacturing electromagnetic coils, like the one used in lifting magnets which are used to lift heavy objects like containers, machinery etc.
Over the years, DPEL has built strong technical expertise, robust manufacturing facilities, and long-term relationships with leading industry
players. The Company caters to a wide range of clients, including TATA Power, BSES, Pashchimanchal Vidyut Vitran Nigam, Dakshinanchal
Vidyut Vitran Nigam, Madhyanchal Vidyut Vitran Nigam, Purvanchal Vidyut Vitran Nigam, and Uttarakhand Power Corporation Limited.
DPEL has identified new avenues for growth by planning to enter the ancillary industries with its products, specifically tinned copper wires. This diversification has reduced its dependence on power and transformer sectors and open up new markets for its products. DPEL also sources its raw materials from trusted suppliers such as NALCO, Birla Copper, and Hindalco, ensuring high-quality standards in every product. Company acquired a 100% stake in Vimlesh Industries Private Limited on April 2. 2025, making it a wholly owned subsidiary.
1. Can I buy Divine Power Energy Ltd from PL Capital? ›
Yes, you can invest in Divine Power Energy Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Divine Power Energy Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Divine Power Energy Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Divine Power Energy Ltd pay dividends? ›
Divine Power Energy Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Divine Power Energy Ltd ? ›
As of
26-12-2025 the share price for Divine Power Energy Ltd. is 263.55 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Divine Power Energy Ltd ? ›
The 52-week high and low of Divine Power Energy Ltd share price is ₹ 92.05 - ₹ 305.7 as of
26-12-2025 .
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