Danish Power IPO 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 Market Lot
The Danish Power IPO minimum market lot is 300 shares with ₹114,000 application amount.
| 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 Dates
The Danish Power IPO date is October 22, 2024 and the close date is October 24, 2024. The Danish Power IPO allotment will be finalized on October 25, 2024 and the IPO listing 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 |
Promoters of Danish Power IPO
The promoters of the company are Dinesh Talwar, Shivam Talwar & Puneet Sandhu Talwar.
About Danish Power IPO
Established in 1985, Danish Power Limited is a transformer manufacturing company led by Mr. Dinesh Talwar and Mrs. Shashi Talwar. They are recognized as one of the authorized businesses in India that manufactures and exports power equipment. Danish Power Limited has a long history of providing the highest quality transformers for renewable energy projects, such as wind farms and solar power plants, oil and dry type power and distribution transformers, control relay panels, and substation automation services. Furthermore, the company is pleased to declare that it has been in the transformer business for 35 years. With his 39 years of experience in the field, Dinesh Talwar’s insight and leadership enabled this business to reach its heights. As of 31 March 2024, our revenue from operations was Rs. 33247.67.
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. |
Objects of the Issue
- 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
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Danish Power IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
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: [email protected]
Website: https://www.danish.co.in/
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Note: The Danish Power IPO price band and date are officially announced. The (Danish Power IPO grey market premium) will be added to the IPO GMP page as it will start).
