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DANISHSME / NSEListed
Danish Power

Danish Power Limited, established in July 1985, is a leading manufacturer of transformers, specializing in inverter duty transformers for renewable energy projects like solar and wind farms. Their product range includes solar plant transformers up to 20 MVA 33 kV, wind turbine transformers, distribution transformers up to 5 MVA 33 kV, and power transformers up to 63 MVA 132 kV. They also produce control relay panels up to 400 kV and offer substation automation services, including SCADA, Bus Bar Protection, LT Panels, and APFC Panels. Operating from two manufacturing plants in Jaipur—one in Sitapura Industrial Area and another in Mahindra World City—the company follows strict quality, environmental, and safety standards with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. As of March 31, 2024, Danish Power employed 343 full-time staff along with contractual workers.

₹360 - ₹380126.72x sub
Listed Price₹570.00
Listing Gain+50.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open22 Oct 2024
Close24 Oct 2024
Allotment25 Oct 2024
Listing29 Oct 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB9,76,500 shares
28.03%
HNI7,32,900 shares
21.04%
Retail17,09,400 shares
49.07%
Employee64,500 shares
1.85%

Minimum Application Lots

Retail1 Lot (300 shares)
₹1,14,000
HNI2 Lots (600 shares)
₹2,28,000

Company Promoters

Dinesh TalwarShivam TalwarPuneet Sandhu Talwar

Company Background

Danish Power Limited, established in July 1985, is a leading manufacturer of transformers, specializing in inverter duty transformers for renewable energy projects like solar and wind farms. Their product range includes solar plant transformers up to 20 MVA 33 kV, wind turbine transformers, distribution transformers up to 5 MVA 33 kV, and power transformers ...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun-24 )₹7273.29 Cr
Growth-51.2%
Revenue Trend (₹ in Crores)
0.012.8k25.7k38.5kMar-21Mar-23Mar-24 Jun-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-24 7,273.29 998.2120,639.092,393.07
Mar-24 33,463.843,807.2715,977.951,011.60
Mar-2318,943.79857.0910,813.191,389.15
Mar-2114,917.12524.8811,645.272,832.05

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Jun-24 6.8911.94%12.30%14.4618.74
Mar-24 26.2960.34%56.97%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
25 Oct 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
29 Oct 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Danish Power. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization25 Oct 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date29 Oct 2024Trading commences on exchange

How to Check Danish Power Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Danish Power from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Danish Power IPO

Complete issue overview for Danish Power (DANISH) IPO. The issue features an equity share price band of ₹360 – ₹380 per share with a minimum retail lot size of 300 Shares (minimum application amount of ₹1,14,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions