Danish Power IPO Details: The Danish Power IPO is set to open on October 22, 2024, and will close on October 24, 2024. This Book Built Issue aims to raise approximately ₹197.90 crores, which includes a fresh issue of ₹197.90 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10.
The price band for the Danish Power IPO is established between ₹360 and ₹380 per share. The allocation will consist of 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-worth Individuals (HNIs). The shares are expected to be listed on the NSE on October 29, 2024, with allotment scheduled for October 25, 2024.
In its latest financial report, the company recorded revenues of ₹334.64 crores and a profit of ₹38.07 crores for the year 2024. Given these promising financials, investors may consider applying for the IPO with a long-term perspective.
Table of Contents
ToggleDanish Power IPO Objectives:
The Net Proceeds are proposed to be used by the details as set forth below:
- Funding 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
- To meet working capital requirements
- Repayment of specific borrowing availed by the Company, in part or full
- General Corporate Purpose
Danish Power IPO Review (Apply or Not)
- Update soon
Danish Power IPO Date & Price Band Details:
IPO Open Date: | October 22, 2024 |
IPO Close Date: | October 24, 2024 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹360 to ₹380 Per Share |
Issue Size: | Approx ₹197.90 Crores |
Fresh Issue: | Approx ₹197.90 Crores |
Offer for Sale: | Approx [.] Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Danish Power IPO Lot Size:
The minimum market lot for the Danish Power IPO is set at 300 shares, requiring an application amount of ₹114,000.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 300 | ₹114,000 |
Retail Maximum | 1 | 300 | ₹114,000 |
S-HNI Minimum | 2 | 600 | ₹228,000 |
Danish Power IPO Timeline:
The Danish Power IPO will open on October 22, 2024, and close on October 24, 2024. Allotment for the IPO will be finalized on October 25, 2024, with the shares expected to be listed on October 29, 2024.
IPO Open Date: | October 22, 2024 |
IPO Close Date: | October 24, 2024 |
Basis of Allotment: | October 25, 2024 |
Refunds: | October 26, 2024 |
Credit to Demat Account: | October 26, 2024 |
IPO Listing Date: | October 29, 2024 |
Danish Power IPO GMP Today:
GMP for Danish Power SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.
Promoters of Danish Power IPO
The promoters of the company are Dinesh Talwar, Shivam Talwar & Puneet Sandhu Talwar.
About Danish Power IPO
Founded in 1985, Danish Power Limited is a transformer manufacturing company led by Mr. Dinesh Talwar and Mrs. Shashi Talwar. The company is recognized as one of India’s authorized manufacturers and exporters of power equipment. Danish Power Limited boasts a rich history of delivering high-quality transformers for renewable energy projects, including wind farms and solar power plants, as well as oil and dry-type power and distribution transformers, control relay panels, and substation automation services. The company proudly celebrates 35 years in the transformer industry. Under the guidance of Dinesh Talwar, who brings 39 years of experience in the field, Danish Power has achieved significant milestones. As of March 31, 2024, our revenue from operations reached ₹33,247.67 lakhs.
Danish Power IPO Company Financial Report
The company reported revenue of ₹334.64 crores in 2024. The company reported profit of ₹38.07 crores in 2024.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2024 | ₹334.64 | ₹283.49 | ₹38.07 | ₹159.78 |
Danish Power IPO Valuation – FY2024
Check Danish Power IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 60.34% |
ROCE: | 56.97% |
EBITDA Margin: | 16.15% |
PAT Margin: | 11.45% |
Debt to equity ratio: | 0.12 |
Earning Per Share (EPS): | ₹26.29 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 46.36% |
Net Asset Value (NAV): | ₹56.71 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Indo Tech Transformers Limited | 44.12 | 53.37 | 21.58 | 141.93 | 509.92 Cr. |
Shilchar Technologies Ltd | 120.48 | 56.44 | 43.84 | 274.81 | 409.71 Cr. |
Voltamp Transformers Limited | 303.80 | 44.88 | 22.71 | 1,337.94 | 1,705.21 Cr. |
Danish Power IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: danishpower.smeipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Hem Securities Limited
Company Address
Danish Power Limited
DTA-02-07-08, DTA Phase-II, , PO, Mahindra World
City, Mahindra World City Sanganer
Jaipur-302037
Phone: +91- 9001829230
Email: cs@danish.co.in
Website: https://www.danish.co.in/
Danish Power IPO FAQs
What is the Danish Power IPO?
The Danish Power IPO is an SME IPO through which the company aims to raise ₹197.90 crores. The issue is priced between ₹360 and ₹380 per equity share and will be listed on the NSE.
When will the Danish Power IPO open for subscription?
The IPO will open for subscription on October 22, 2024, for Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and retail investors. It will close on October 24, 2024.
What is the investor portion for the Danish Power IPO?
The allocation for the Danish Power IPO is as follows: 50% for QIBs, 15% for NIIs, and 35% for retail investors.
How can I apply for the Danish Power IPO?
You can apply for the Danish Power IPO using the ASBA method online through your bank account. Additionally, applications can be submitted via UPI through your stock broker or by filling out an offline form with your stock broker.
What is the size of the Danish Power IPO issue?
The issue size of the Danish Power IPO is ₹197.90 crores.
What is the price band for the Danish Power IPO?
The price band for the Danish Power IPO is set between ₹360 and ₹380.
What is the lot size for the Danish Power IPO?
The minimum bid for the Danish Power IPO is 300 shares, requiring an investment of ₹114,000.
What is the allotment date for the Danish Power IPO?
The allotment date for the Danish Power IPO is October 25, 2024.
What is the listing date for the Danish Power IPO?
The Danish Power IPO is scheduled to be listed on the NSE on October 29, 2024.