Recently Viewed
Clear AllBidding Date
22-Oct-2024 to
24-Oct-2024
Issue Size
₹197.9 Cr
Price Band
₹360 to ₹380
Allotment date
25-Oct-2024
Listing date
29-Oct-2024
Lot size
300
No. of shares
52,08,000
Fresh issue/OFS
₹197.9 Cr /--
Founded in 1985, the company has grown to become a prominent player in the transformer manufacturing sector. It operates from two manufacturing facilities located in Jaipur, with the second plant commencing operations in 2022. The company specializes in manufacturing a variety of transformers including inverter duty transformers for renewable energy projects such as solar and wind power plants. Additionally, the company provides control relay panels and substation automation services, which play a crucial role in the efficient transmission and distribution of electrical power across multiple sectors, including renewable energy, utilities, and power generation. Their clientele includes major industry players such as Tata Power, ABB India, and Torrent Power, demonstrating their established presence in the power sector.
Read our in-depth analysis of the Danish Power Ltd IPO Here
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
117.9x
The issue size of Danish Power is ₹197.90 Cr.
Danish Power falls into Machinery & Equipments industry.
The Danish Power IPO will be listed on BSE.
The open and close dates for the Danish Power are 22-Oct-2024 & 24-Oct-2024.
The price band for the Danish Power ipo is ₹360 to ₹380
The listing date of Danish Power IPO is 29-Oct-2024.
The purpose of this IPO is to raise fresh capital.
Danish Power total subscription ratio is 117.9X.
Key financial of the Danish Power are:
| Danish Power | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 332.48 | 188.7 | 148.63 |
| EBIT (₹ Cr) | 51.82 | 14.41 | 9.8 |
| Proft after Tax (₹ Cr) | 37.72 | 8.57 | 5.25 |
| Debt (₹ Cr) | 12.91 | 13.85 | 28.31 |
| Net Worth (₹ Cr) | 82.37 | 44.06 | 35.49 |
| RoE (%) | 45.79 | 19.45 | 14.79 |