Danish Power Ltd

Danish Power Ltd IPO

Danish Power Ltd IPO Price Range is ₹360 - 380, with a minimum investment of ₹1,14,000 for 300 shares.

₹1,14,000

/ 300 shares

Minimum Investment

View Danish Power Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹360 - 380

Open Date

2024-10-22

Close Date

2024-10-24

IPO Size

₹197.90 Cr

Lot Size

300 shares

Min Investment

₹1,14,000

Listing Exchange

NSE

Danish Power Ltd IPO Application Timeline

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Open Date22 Oct 2024
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Close Date24 Oct 2024
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Allotment Date25 Oct 2024
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Listing Date29 Oct 2024

Strengths and Risks

Strengths

Strengths

  • Established Manufacturing facility.

  • Existing relationship with the clients.

  • Diversified Product Base.

  • Experienced and Strong Promotors/Management team.

  • Quality assurance.


Risks

Risks

  • The company significantly depends upon few of the raw material suppliers for its manufacturing activities. Volatility in the supply andpricing of the company raw materials may have an adverse effect on its business, financial condition and results of operations.

  • Its may not be able to realize the amounts, partly or at all, reflected in the company Order Book which may materially and adversely affect its business, prospects, reputation, profitability, financial condition and results of operation.

  • Under-utilization of its manufacturing capacities and an inability to effectively utilize the company existing manufacturing capacities could have an adverse effect on its business, future prospects and future financial performance.

  • The company is subject to strict performance requirements, including, but not limited to, quality and delivery, by its customers, and any failures by the company to comply with these performance requirements may lead to the cancellation of existing and future orders, recalls or warranty and liability claims.

  • Substantial portion of its revenues has been dependent upon few customers. The loss of any one or more of the company major customer would have a material adverse effect on its business, cash flows, results of operations and financial condition.

  • Product designing is very important part for its equipment for which the company relies on its team. Any loss or error by these employees may have an adverse effect on its equipment and operations.

  • Any failures to protect or enforce its rights to own or use trademarks and brand names and identities could have an adverse effect on the companys business and competitive position.

  • The Company has encountered certain issues and discrepancies in its corporate records and regulatory compliance, which present potential risks.

  • The restated financial statements have been provided by peer reviewed chartered accountant who is not statutory auditor of the Company.

  • Demand for its transformers and relay panels business is dependent on growth in the power generation, transmission and distribution industry & infrastructure, that may contribute to fluctuations in its results of operations and financial condition.

How to Apply for Danish Power Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Danish Power Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Danish Power Ltd

Danish Power Limited is an ISO 9001:2015, ISO 14001: 2015 and ISO 45001:2018 certified company, engaged in the business of manufacturing of different types of transformers including inverter duty transformers used in renewable power projects like solar power plant or wind farms, oil and dry type power and distribution transformers, control relay panel along with substation automation services. These transformers and panels are used across various sectors and industries to facilitate the efficient transmission and distribution of electrical power such as renewable power EPC projects like solar power plant, wind power farms, other power generation plants, power transmission, electricity sub-stations, power utilities etc. Its customers include companies like Tata Power Solar System Ltd, Waaree Renewable Technologies Limited, Jakson Green Private Limited, ABB India Limited & Torrent Power Limited.

Frequently Asked Questions of Danish Power Ltd IPO

What is the size of the Danish Power Ltd IPO?

The size of the Danish Power Ltd IPO is ₹197.9 Cr.

What is the allotment date of the Danish Power Ltd IPO?

Danish Power Ltd IPO allotment date is Oct 25, 2024 (tentative).

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

The Danish Power Ltd IPO will open on Oct 22, 2024 and close on Oct 24, 2024

What is the lot size of Danish Power Ltd IPO?

The lot size for the Danish Power Ltd IPO is 300.

When will my Danish Power Ltd IPO order be placed?

Your Danish Power Ltd IPO order will be placed on Oct 22, 2024

Can we invest in Danish Power Ltd IPO?

Yes, once Danish Power Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Danish Power Ltd IPO?

The potential listing gains on the Danish Power Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Danish Power Ltd IPO?

'Pre-apply' for Danish Power Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.