Danish Power Limited
₹1,14,000(300 Shares)
Minimum Investment
IPO Dates
Oct 22, 2024 – Oct 24, 2024
Price Band
₹360–380 per equity share
Lot Size
300
Listing
Oct 29, 2024
Listing At
NSE SME
Danish Power Limited Live Subscription Details
All IPOsAll Live IPOsOverall Subscription
Total Bids Received
126.72x
Danish Power Limited IPO Issue Details
- Issue Price
- ₹360-380 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Fresh Share
- 52,08,000 shares(aggregating up to ₹197.9 crore)
- Listing At
- NSE SME
- Listing Date
- Oct 29, 2024
- Registrar
- Link Intime India Private Ltd
Reservation Details
Shares Offered
7,32,900
Shares Offered
9,76,500
Shares Offered
14,64,000
Shares Offered
2,60,700
Company Information
Danish Power Limited is a manufacturing company that was founded in July 1985. It produces all kinds of transformers, including inverter duty transformers, which are used in renewable power projects, ...
Valuations
EPS (Pre-IPO)
26.29
EPS (Post-IPO)
19.33
P/E (Pre-IPO)
14.46
P/E (Post-IPO)
19.65
RoNW
10.85%
PAT Margin
14.58%
Objectives of the Issue
- 1Funding capital expenditure towards the expansion of the manufacturing facility of the Company by the building of factory shed and installation of additional plant and machinery therein
- 2To meet working capital requirements
- 3Repayment of specific borrowing availed by the Company, in part or full
- 4General Corporate Purpose
Danish Power Limited – Promoter(s)
Contact Details
Corporate Office
DTA-02-07-08, DTA Phase-II PO, Mahindra World, City, Mahindra World City Sanganer, Jaipur-302037
Danish Power Limited Allotment & Registrar Details
Check AllotmentLink Intime India Private Ltd
Danish Power Limited IPO Documents
Frequently Asked Questions — Danish Power Limited IPO
The Danish Power Limited IPO price band is set at ₹360.00 to ₹380.00 per equity share.
The lot size for Danish Power Limited IPO is 300 shares per lot. The minimum investment amount is approximately ₹1,14,000.
The Danish Power Limited IPO opens on Oct 22, 2024 and closes on Oct 24, 2024.
Danish Power Limited IPO is expected to be listed on Oct 29, 2024 on NSE SME.
The current GMP for Danish Power Limited IPO is ₹220, suggesting an expected listing price of around ₹580.00. Note: GMP is an unofficial market indicator.
The registrar for Danish Power Limited IPO is Link Intime India Private Ltd. You can contact them at danishpower.smeipo@linkintime.co.in.
