Danish Power IPO
ListedDanish Power IPO Details
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Bidding Date
22-Oct-2024 to
24-Oct-2024 -
Issue Size
₹197.9 Cr
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Price Band
₹360 to ₹380
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Allotment date
25-Oct-2024
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Listing date
29-Oct-2024
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Lot size
300
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No. of shares
52,08,000
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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
Subscription Status
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Category
Status
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QIBs
--
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NIIs
--
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Retail
--
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Others
--
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Total
117.9x
FAQs for Danish Power IPO.
What is the issue size of Danish Power IPO?
The issue size of Danish Power is ₹197.90 Cr.
What is the industry of Danish Power?
Danish Power falls into Machinery & Equipments industry.
Where Danish Power IPO will be listed?
The Danish Power IPO will be listed on BSE.
What are the open and close dates for the Danish Power IPO?
The open and close dates for the Danish Power are 22-Oct-2024 & 24-Oct-2024.
What are the price band for Danish Power IPO?
The price band for the Danish Power ipo is ₹360 to ₹380
What is the listing date of Danish Power IPO?
The listing date of Danish Power IPO is 29-Oct-2024.
What is the purpose for the Danish Power IPO?
The purpose of this IPO is to raise fresh capital.
How much times Danish Power IPO subscribed?
Danish Power total subscription ratio is 117.9X.
What are the key financials for the Danish Power IPO?
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 |