Danish Power Limited IPO

NSE SME

Listed On: Oct 29, 2024 at ₹ 570.0

₹ 114000 /300 Shares

Check Allotment

Danish Power IPO Details

22 Oct, 2024

Open Date

24 Oct, 2024

Close Date

25 Oct, 2024

Allotment Date

29 Oct, 2024

Listing Date

Issue Price

₹360-380 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

570.0

Listing Date

2024-10-29

Market Lot

300 Shares (₹114,000/-)

Lead Manager

Hem Securities Limited

Issue Size

5,208,000 shares(aggregating up to ₹197.90 Cr)

Retail Portion

35%

Subscription

126.72 times

IPO Docs

DRHP RHP

Danish Power IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	976,500 / 732,900	1,709,400	3,483,300
Day 1 - 22-10-24 06:00 PM	3.67 / 3.62 x	4.88 x	4.19 x
Day 2 - 23-10-24 06:00 PM	7.51 / 25.43 x	28.27 x	21.34 x
Day 3 - 24-10-24 06:00 PM	104.79 / 276.27 x	79.88 x	126.72 x

Total No. of Applications: 4,55,168 (Approx)

Danish Power Valuations

EPS Pre IPO

₹26.29/-

EPS Post IPO

₹19.33/-

P/E Pre IPO

14.46

P/E Post IPO

19.65

RoNW

10.85%

Danish Power Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	15,977.95	10,813.19	11,645.27
Revenue	33,463.84	18,943.79	14,917.12
Profit After Tax	3,807.27	857.09	524.88

Danish Power - Promoter(s)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

Dinesh Talwar
Shivam Talwar
Puneet Sandhu Talwar

Danish Power IPO - Issue Objectives

Funding capital expenditure towards the expansion of the manufacturing facility of the Company by the building of factory shed and installation of additional plant and machinery therein
To meet working capital requirements
Repayment of specific borrowing availed by the Company, in part or full
General Corporate Purpose

Danish Power IPO - FAQs

Ans. Danish Power Limited IPO is a SME IPO. The issue is priced at ₹360-380 per equity share. The minimum order quantity is 300 Shares. The IPO opens on Oct 22, 2024, and closes on Oct 24, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Danish Power Limited IPO opens on Oct 22, 2024 and closes on Oct 24, 2024.

Ans. The size of Danish Power Limited IPO is 5,208,000 shares(aggregating up to ₹197.90 Cr).

Ans. The IPO price band is set between ₹360-380 per equity share.

Ans. To apply for Danish Power Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Danish Power Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Danish Power Limited IPO is Oct 25, 2024.

Ans. The Danish Power Limited IPO will be listed on Oct 29, 2024.

Ans. Follow the steps to check the allotment status for Danish Power Limited IPO here.