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.
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
| Â | 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 |
* All Standalone Data
Danish Power Offer News
- Danish Power RHP
- Danish Power Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
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 |
Danish Power IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
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:Â [email protected]
Website:Â 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:Â +91 810 811 4949
Email:Â [email protected]
Website:Â 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 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.
