Danish Power Ltd. IPO

Q: What is the size of Danish Power Ltd. IPO?

The size of the Danish Power Ltd. IPO is &#8377;197.90 Cr.

Q: What is the price range of Danish Power Ltd. IPO?

The price range of Danish Power Ltd. IPO is at &#8377;360 to &#8377;380 per share.

Q: What is the minimum investment and lot size required for the Danish Power Ltd. IPO?

The minimum investment required is &#8377;1,14,000 and minimum lot size is 300 shares.

Danish Power Ltd., established in 1985, operates in the Electric Equipment - Transformers sector. The company's IPO opened on October 22, 2024 and closed on October 24, 2024, with an issue price of ... Read more

Min Investment

₹ 1,14,000 / 300 shares

Price Range

₹360 - ₹ 380

Bidding Dates

22 Oct '24 - 24 Oct '24

Total Issue Value

197.90 Cr

Lot Size

300

Total Issue Size

197.90 Cr

Listing At

NSE SME

Subscription

118.47 times

NSE Price

1095.80 (188.37%)

IPO Timeline

22 Oct 2024

Bidding Starts
24 Oct 2024

Bidding Ends
25 Oct 2024

Allotment Finalization
29 Oct 2024

Listing

About Danish Power Ltd.

We are an ISO 9001:2015, ISO 14001: 2015 and ISO 45001:2018 certified company, engaged in the business of manufacturing of different types of transformers including inverter duty transformers used in renewable power projects like solar power plant or wind farms, oil and dry type power and ... Read more

Parent organisation

Founded

Danish Power Ltd.

1985

Danish Power Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	14,64,300 (28.12%)
Employee Reserved	64,500 (1.24%)
Market Makers	2,60,700 (5.01%)
Non Institutional Investors	7,32,900 (14.07%)
Qualified Institutional Buyers (QIBs)	9,76,200 (18.74%)
Retail Individual Investors (RIIs)	17,09,400 (32.82%)

Danish Power Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2024	334.64 Cr	38.07 Cr	80.52 Cr
31 Mar 2023	189.44 Cr	8.57 Cr	42.45 Cr
31 Mar 2022	149.17 Cr	5.25 Cr	33.88 Cr

Danish Power Ltd. Background

Major Events And Milestones

1985

Incorporation of the Company in the name of “Danish Private Limited”
1994

Company achieves ISO:9001
2014

Export House Status by Government of India
2015

National Awards for Export Excellence – Star Performer Award 2013-14 in Product Group – Electric Motors, Generators, and Transformers and Parts (Small Enterprise)
• Environmental Management System – ISO 14001:
• Occupational Health and Safety Management System – ISO 45001:
2016

National Award for Export Excellence - Star Performer Award 2014-15 in product group – Electric Motors, Generators, and Transformers and Parts (Small Enterprise)
2017

National Award for Export Excellence - Star Performer Award 2015-16 in product group – Electric Motors, Generators, and Transformers and Parts (Small Enterprise)
India SME Top 100 Awards 2015-16
Transformer Testing Laboratory accredited for ISO 17025 by NABL
2018

Received below certification for manufacturing facility
• Quality Management System – ISO 9001:
Regional Award (Northern Region) for Export Excellence - Star Performer Award 2014-15 (Silver Shield) in Product Group – Electric Motors, Generators, and Transformers and Parts (Small Enterprise)
Achieves BIS License & BEE Certifications for Transformers
National Award for Export Excellence - Star Performer Award 2016-17 in product group – Electric Motors,Generators, and Transformers and Parts (Small Enterprise)
2022

First in India to get BIS License for Ester (Bio degradable Fluid) Filled Distribution Transformers
New Plant established in Mahindra World City, Jaipur
2023

India SME Top 100 Awards
ET MSME Awards 2023-Excellence in MSME Sector
144 kW Roof Top Solar Plant Installed for captive consumption.
Best Supplier Award for Transformers from Tata Power Delhi Distribution Limited
Certified for Bronze Category in Ecovadis, Paris (Environment & Sustainability)
Incorporated Wholly Owned Subsidiary in the name of Danish Transformer India Private Limited
Awarded/Listed as Leading SME’ s of India 2024 by Dun & Bradstreet
2024

Change in name of our Company from “Danish Private Limited” to “Danish Power Private Limited”
Acquired 100.00% stake in Evernest Shelter Private Limited through subscribing the equity shares pursuant to which it became our Wholly Owned Subsidiary.
Conversion of the Company from Private Limited to Public Limited.

Danish Power Ltd. Object of Issues

1. Funding capital expenditure towards expansion of the manufacturing facility of the Company by building of factory shed and installation of additional plant and machinery therein
2. To meet working capital requirements
3. Repayment of certain borrowing availed by our Company, in part or full
4. General Corporate Purpose

Danish Power Ltd. IPO Listing Details

Listing Date

29 Oct 2024

NSE Symbol

DANISHPOW

ISIN

INE0YU901016

Final Issue Price

₹ 380

Danish Power Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	-	₹ 380.00
Open	-	₹ 570.00
Low	-	₹ 541.50
High	-	₹ 598.50
Last Trade	-	₹ 598.50

Danish Power Ltd. Company Promoters

1. Dinesh Talwar
2. Shivam Talwar
3. Puneet Sandhu Talwar

Industry Overview

The electrical equipment market share in India is expected to increase from US$ 52.98 billion in 2022 to US$ 125 billion by 2027, implying a robust CAGR of 11.68%. The domestic electrical equipment market is expected to grow at an annual rate of 12% to reach US$ 72 billion by 2025. In FY23, ... Read more

Danish Power Ltd. Contact Details

Address: DTA-02-07-08, DTA Phase-II, PO, Mahindra World City, Mahindra World City (Jaipur), Jaipur, Jaipur Rajasthan - 302037
Phone no:9001829230

Email: [email protected]

9001829230

Visit Website

Danish Power Ltd. IPO Registrar

Link Intime India Pvt. Ltd.

C-101, 1st Floor, 247 Park, Lal Bahadur Shashtri Marg, Vikhroli (West), Mumbai Maharashtra - 400083

8108114949

Danish Power Ltd. IPO Lead Manager(s)

Hem Securities Ltd

No.904, Naman Midtown-Wing A, 9th Floor, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai Maharashtra - 400013

49060000

FAQs

When does Danish Power Ltd. IPO opens and closes?

Danish Power Ltd. IPO opens from 22nd October to 24th October 2024.

What is the size of Danish Power Ltd. IPO?

The size of the Danish Power Ltd. IPO is ₹197.90 Cr.

What is the price range of Danish Power Ltd. IPO?

The price range of Danish Power Ltd. IPO is at ₹360 to ₹380 per share.

What is the minimum investment and lot size required for the Danish Power Ltd. IPO?

The minimum investment required is ₹1,14,000 and minimum lot size is 300 shares.

When is Danish Power Ltd. IPO listing date?

The Danish Power Ltd. IPO will be listed on 29th October 2024.

What is the objective of Danish Power Ltd. IPO?

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article