Danish Power Limited

  • Minimum Investment
    ₹1,08,000
  • Price Range
    ₹360 - ₹380
  • Issue Size
    ₹197.90 Cr
  • Lot Size
    300 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Funding capital expenditure towards the expansion of the manufacturing facility of the company by building of factory shed and installation of additional plant and machinery therein

To meet working capital requirements

Repayment of certain borrowing availed by the company, in part or full

General corporate purpose

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Danish Power Limited

Established manufacturing facility

The manufacturing facility in Mahindra World City, Jaipur, is equipped with various machines, including foil winding, oil storage tanks, CNC plasma, and vacuum drying ovens, to ensure smooth and timely production

Diversified product base

The company manufactures various types of transformers, including inverter duty transformers for renewable projects like solar and wind farms, as well as oil and dry type power and distribution transformers, and control relay panels. These products are utilized across sectors such as renewable power EPC projects, conventional power generation, power transmission, electricity substations, and power utilities

Quality assurance

The company's quality assurance activities include inspecting materials before production, leakage testing, final testing, and pre-dispatch checks. It has an in-house NABL-accredited testing lab that performs routine tests and specialized tests, such as lightning impulse withstand, capacitance-tan delta, temperature rise, and partial discharge tests, ensuring product quality

Depend on suppliers

The company significantly depends on a few raw material suppliers for manufacturing. Volatility in the supply and pricing of these materials could adversely affect their business, financial condition, and operational results

Under-utilization of manufacturing capacities

Under-utilization of manufacturing capacities and an inability to effectively use existing resources could negatively impact the business, future prospects, and financial performance

Product designing

The company has a team of about 34 employees dedicated to ensuring compliance with design specifications and industry quality standards. Incorrect designs could result in order cancellations and loss of production due to misalignment with customer specifications

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
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Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Danish Power Limited

Danish Power Ltd. was incorporated on 10th July 1985. The company is engaged in manufacturing various types of transformers, including inverter duty transformers for renewable projects like solar and wind farms, as well as oil and dry type power and distribution transformers, control relay panels, and substation automation services
  • Promoter
    Dinesh Talwar
  • Promoter
    Shivam Talwar
  • Promoter
    Puneet Sandhu Talwar

Danish Power Limited IPO FAQs

What is Danish Power Limited IPO?

Danish Power Limited IPO refers to the initial public offering of shares by Danish Power Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Danish Power Limited IPO?

For Danish Power Limited IPO the issue size is ₹198 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Danish Power Limited IPO?

For Danish Power Limited IPO the minimum investment is ₹1,08,000. The minimum investment for Danish Power Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Danish Power Limited IPO?

For Danish Power Limited IPO the lot size is 300 shares. The lot size of Danish Power Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Danish Power Limited IPO on Share.Market?

To apply for Danish Power Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Danish Power Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Danish Power Limited IPO?

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Danish Power Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Danish Power Limited IPO?

For Danish Power Limited IPO the allotment date is October 25, 2024. The allotment date of Danish Power Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Danish Power Limited IPO?

For Danish Power Limited IPO, the subscription opens on October 22, 2024 and closes on October 24, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Blockbuster Bidding Ongoing
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Total Subscription
4.07x Oversubscribed