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 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 3.67 | 7.51 | 104.79 |
| NII | 3.59 | 25.36 | 275.92 |
| RII | 4.57 | 27.87 | 79.88 |
| Total | 4.03 | 21.13 | 126.65 |
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
- May Apply
- 3
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.
