Danish Power IPO Subscription Status – IPO Open

Danish Power IPO subscription status started on Tuesday October 22, 2024 and will close on October 24, 2024. Danish Power IPO to raise around ₹197.90 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹360 to ₹380 per equity share.

Danish Power IPO

The Danish Power IPO minimum market lot is 300 shares with ₹114,000 application amount. The Danish Power IPO is a SME IPO, and it is to be listed on NSE.

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..


IPOWatch View

We recommend that investors apply for an IPO with long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.

Danish Power IPO Subscription Status – Day 1

CategoryDay 1Day 2Day 3
QIB3.670.000.00
NII3.590.000.00
RII4.570.000.00
Total4.030.000.00


Danish Power IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Danish Power IPO Review and Rating

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Danish Power IPO Form

How to apply for the Danish Power IPO? You can apply for Danish Power IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Danish Power IPO in the Invest section. The other option is you can apply for Danish Power IPO via IPO forms downloaded online. Check out the Danish Power forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Danish Power IPO Subscription Status FAQs:


When Danish Power IPO Subscription will start?

The IPO subscription starts on October 22, 2024 for QIB, NII, and Retail Investors.

How to subscribe Danish Power IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Danish Power IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Danish Power IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Danish Power “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Danish Power IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Danish Power “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Danish Power IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Danish Power ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

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