Danish Power IPO GMP, Review, Price, Allotment

Danish Power IPO GMP, Review, Price, Allotment


Danish Power IPO GMP

Danish Power IPO description â€“ Danish Power is a manufacturer of a wide range of transformers, including inverter duty transformers for renewable energy projects such as solar power plants and wind farms. The company also produces oil and dry-type power and distribution transformers, along with control relay panels and offers substation automation services. The company’s client base includes prominent companies such as Tata Power Solar System, Waaree Renewable Technologies, Jakson Green, ABB India, and Torrent Power.

Danish Power’s product portfolio features a variety of transformers, including multi-winding inverter duty transformers (up to 20 MVA, 33 kV class) for solar plants, transformers for wind turbine generators, distribution transformers (up to 5 MVA, 33 kV class), and power transformers (up to 63 MVA, 132 kV class). It also manufactures control relay panels (up to 400 kV class), substation automation systems (SCADA), bus bar protection panels, LT panels, and APFC panels.

The company operates two manufacturing facilities located in Sitapura Industrial Area and Mahindra World City, Jaipur. These facilities have a combined transformer production capacity of approximately 4681 MVA and can produce around 576 control relay panels annually. As of 31 March 2024, Danish Power employs a workforce of approximately 343 people across its operations.

Danish Power IPO Allotment Status

Promoters of Danish Power – Mr. Dinesh Talwar, Mr. Shivam Talwar, and Mr. Puneet Sandhu Talwar

Table of Contents


Danish Power IPO Details

Danish Power IPO Dates 22 – 24 October 2024
Danish Power Issue Price INR 360 – 380 per share
Fresh issue 52,08,000 shares (INR 197.90 crore)
Offer For Sale NIL
Total IPO size 52,08,000 shares (INR 197.90 crore)
Minimum bid (lot size) Coming soon
Face Value  INR 10 per share
Retail Allocation 35%
Listing On NSE EMERGE

Danish Power Financial Performance

  FY 2022* FY 2023* FY 2024
Revenue 148.63 188.70 332.48
Expenses 141.90 177.70 283.49
Net income 5.25 8.57 38.07
Figures in INR Crores unless specified otherwise
* All Standalone Data

Danish Power Offer News


Danish Power Valuations & Margins

FY 2024
EPS 26.29
PE ratio 13.69 – 14.45
RONW (%) 46.36
NAV 56.71
ROCE (%) 56.97
EBITDA (%) 16.15
Debt/Equity 0.12
*Compiled by IPO Central from Prospectus

Danish Power IPO GMP Today


Danish Power IPO Subscription – Live Updates

The market maker reservation portion of shares is not included in the above calculations.


Danish Power IPO Allotment Status

Danish Power IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.


Danish Power IPO Dates & Listing Performance

IPO Opening Date 22 October 2024
IPO Closing Date 24 October 2024
Finalization of Basis of Allotment 25 October 2024
Initiation of refunds 28 October 2024
Transfer of shares to demat accounts 28 October 2024
IPO Listing Date 29 October 2024
Opening Price on NSE SME Coming soon
Closing Price on NSE SME Coming soon

Danish Power Offer Lead Manager

HEM SECURITIES LIMITED
904, A Wing, Naman Midtown, Senapati Bapat Marg,
Elphinstone Road, Lower Parel, Mumbai-400013, India
Phone: +91- 022- 49060000
Email[email protected]
Website: www.hemsecurities.com


Danish Power Offer Registrar

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in


DANISH POWER LIMITED
DTA-02-07-08, DTA Phase-II, PO, Mahindra World City,
Sanganer 302037, Jaipur, Rajasthan, India,
Phone: +919001829230
E-mail: [email protected]
Website: www.danish.co.in


IPO FAQs

What is Danish Power offer size?

Danish Power offer size is INR 187.49 – 197.90 crores.

What is Danish Power offer price band?

Danish Power public offer price is INR 360 – 380 per share.

What is the lot size of Danish Power IPO?

Danish Power offer lot size is NA shares.

What is Danish Power IPO GMP today?

Danish Power IPO GMP today is INR NA per share.

What is Danish Power kostak rate today?

Danish Power kostak rate today is INR NA per application.

What is Danish Power IPO Subject to Sauda rate today?

Danish Power’s Subject to Sauda rate today is INR NA per application.

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