Danish Power IPO is to open on October 22. Danish Power is an SME IPO to raise ₹197.90 crores via IPO. The Danish Power IPO price band is fixed at ₹360 to ₹380 with a market lot of 300 Shares.
Established in 1985, Danish Power Limited is a transformer manufacturing company. 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.
Danish Power IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Kostak | Subject to |
| Today | ₹250 |  | ₹- | ₹50,000 |
| 28 October | ₹250 | | ₹- | ₹60,000 |
| 26 October | ₹250 | | ₹- | ₹60,000 |
| 25 October | ₹300 | | ₹- | ₹65,000 |
| 24 October | ₹290 | | ₹- | ₹65,000 |
| 23 October | ₹260 | | ₹- | ₹60,000 |
| 22 October | ₹250 | | ₹- | ₹60,000 |
| 21 October | ₹150 | | ₹- | ₹35,000 |
| 20 October | ₹- | – | ₹- | ₹- |
| 18 October | ₹- | – | ₹- | ₹- |
| 17 October | ₹- | – | ₹- | ₹- |
| 16 October | ₹- | – | ₹- | ₹- |
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 Dates
| 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 |
Danish Power IPO GMP aka Grey Market Premium FAQs:
What is Danish Power IPO GMP Today?
Danish Power IPO GMP is ₹250 as of today.
What is Danish Power IPO Kostak Rate Today?
Danish Power IPO Kostak Rate is ₹- as of today.
What is Danish Power IPO Subject to Sauda Today?
Danish Power IPO Subject to Sauda is ₹50,000 as of today.
What is Danish Power IPO Expected Returns?
Danish Power IPO Expected Returns is 66%.
Disclaimer:
- IPO Grey Market Premium (Danish Power IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.
