Danish Power IPO

Listed Listed stocks

Danish Power IPO Details

  • Bidding 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 /--

About Danish Power Company

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 indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    117.9x

ipo banner

Recent IPOs

Name Price Band (Rs) Bidding Date
Novus Loyalty 139 - 146 17-Mar-2026 to 20-Mar-2026
Powerica 375 - 395 24-Mar-2026 to 27-Mar-2026
Sai Parenteral’s 372 - 392 24-Mar-2026 to 27-Mar-2026
TIPCO Engineering India 84 - 89 23-Mar-2026 to 25-Mar-2026
IPO MonitorIPO Monitor

FAQs for Danish Power IPO.

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