1.Company Information
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.
2. Strenghts
1. Cutting-edge Technology: The Company leverages state-of-the-art manufacturing technology to produce highquality insulated copper and aluminium wires, ensuring efficiency and reliability. We endeavor to update our technology with time and stay ahead of time and remain competitive and relevant in the market. Based on internal
assessment and inputs received from Indian Transformers Manufacturers Association (ITMA) we continuously
assess the need to upgrade for technologies. Also, the Company regularly participates in the Trade Fairs organized
in India as well as abroad, which helps the Company to interact with the industry and assess the changing business
practices and know new business opportunities. At present we believe that our company has updated technology
capable of producing high quality product to cater the future demand.
2. Wide Product Range: With a diverse portfolio of insulated wires and strips, the company caters to varied industry
needs, providing a comprehensive solution to its customers. We supply our products to transformer manufactures
and power distribution companies. We supply copper and aluminium wires / strips insulated with paper, crepe
paper, and enamel to Discoms and transformer manufacturers which are used for assembling and repairing
transformers. Winding wires insulated with different material has different usages and efficiency, hence, cater to
different needs of the customers. The copper / aluminium wires insulated with fiberglass are used to manufacture
electromagnetic coils used in lifting magnets, used to lift heavy object like containers, machinery etc. We cater to
the demand of our customers by producing products according to the description provided by the customers. As
envisaged, the Company will cater to Solar and Automobile Ancillary industry once the plan to produce tinned
copper wire will materialize from the proceeds of the Issue. Hence, the Company will enter the new market and
will cater the new customers.
3. Customization Capabilities: The company caters specific customer requirements by offering tailored solutions
as per their needs, enhancing its competitiveness in the market. We believe in delivering our product which fits
the requirement of our customers. The Company has the ability to produce product in different shape and
description as per the Customer demand. We produce winding wires/ strips from copper and aluminium by
insulating wires / strips by paper, cotton, fiberglass etc. which has different usage. For example, copper winding
wires / strips are mainly used for manufacturing transformer of more than 200 kVA, aluminium winding wires/
strips are mainly used in manufacturing transformers of less than 200 kVA, fiberglass coted winding wires/strips
are used in manufacturing electromagnetic coils used in lifting magnets etc. As our products cater different
customers need, this helps us to remain competitive in the market and acquire customers with specific demands.
4. Experienced Team: Our Promoters and senior management team is well experienced in this industry. Mr. Rajesh
Giri and Mr. Vikas Talwar started the Company in the Year 2001 under the leadership and guidance of Mr. Dev
Sharan Giri and both of them have the experience of more than two decade in manufacturing Copper Wire,
Aluminium Wire and allied products.
3.Divine Power IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website:Website: https://ipo.bigshareonline.com/ipo_status.html