Danish Power IPO: The good and the bad

Published: 22nd Oct 2024

By: Value Research

The company

Danish Power manufactures transformers, which are used to facilitate efficient transmission of electrical power. Operating through two manufacturing facilities in Jaipur, it supplies inverter-duty transformers used in solar power plants, wind farms and distribution transformers.

Danish Power IPO details

Post-IPO

Financial history

Key ratios

The good

As of September 2024, Danish Power has an order book of Rs 371 crore, providing revenue visibility in the near future.

The bad

Danish Power faces competition from both domestic and global players. Plus, there are revenue and geographical concentration risks. Click the link below to get more information about Danish Power.