Danish Power IPO GMP, Review, Price, Allotment

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Danish Power IPO Subscription StatusDanish Power IPO Allotment Status
Danish Power IPO GMP

Danish Power IPO description – 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


Danish Power IPO Details

Danish Power IPO Dates22 – 24 October 2024
Danish Power Issue PriceINR 360 – 380 per share
Fresh issue52,08,000 shares (INR 197.90 crore)
Offer For SaleNIL
Total IPO size52,08,000 shares (INR 197.90 crore)
Minimum bid (lot size)300 shares (INR 1,14,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE EMERGE

Danish Power Financial Performance

 FY 2022*FY 2023*FY 2024Q1 FY 2025
Revenue148.63188.70332.4871.93
Expenses141.90177.70283.4959.07
Net income5.258.5738.079.98
Figures in INR Crores unless specified otherwise
* All Standalone Data

Danish Power Offer News


Danish Power Valuations & Margins

FY 2024
EPS26.29
PE ratio13.69 – 14.45
RONW (%)46.36
NAV56.71
ROCE (%)56.97
EBITDA (%)16.15
Debt/Equity 0.12
*Compiled by IPO Central from Prospectus

Danish Power IPO GMP Today

DateConsolidated IPO GMPSubject to Sauda
28 October 202423053,000
26 October 202422550,000
25 October 202427565,000
24 October 202425055,000
23 October 202425055,000
22 October 202420049,000
21 October 202414534,000

Danish Power IPO Allotment Status

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


Danish Power IPO Dates & Listing Performance

IPO Opening Date22 October 2024
IPO Closing Date24 October 2024
Finalization of Basis of Allotment25 October 2024
Initiation of refunds28 October 2024
Transfer of shares to demat accounts28 October 2024
IPO Listing Date29 October 2024
Opening Price on NSE SMEINR 570 per share (up 50%)
Closing Price on NSE SMEINR 598.50 per share (up 57.50%)

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 Issue Contact Details

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 300 shares.

What is Danish Power IPO GMP today?

Danish Power IPO GMP today is INR 230 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 53,000 per application.

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