247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Danish Power Limited IPO (Danish Power IPO) Details

Danish Power Limited is an Electric Equipments - Transformers based company, located in Jaipur, Danish Power Limited IPO size was 197.90 Cr. and was issued at 380.00 per share. The share of Danish Power Limited were listed at 598.50 per share and are currently trading at 998.65 per share.

Type :
Sub Sector : Manufactures Various Types Of Transformers, Including Inverter Duty Transformers For Use In Renewable Power Projects Such As Solar Power Plants And Wind Farms.
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
290.92 Cr.

PAT :
39.92 Cr.

Pricing Report

Issue Price :
380.00

Listing Price :
598.50

Current Market Price :
998.65

Issue Price vs CMP :
618.65 (162.80%)

listing Price vs CMP :
400.15 (66.86%)

Performance Report (CAGR* wise)

CAGR : 6558.72
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Danish Power

Company Information
Danish Power Limited 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. The customers include companies like Tata Power Solar System Ltd, Waaree Renewable Technologies Limited, Jakson Green Private Limited, ABB India Limited & Torrent Power Limited. The current product portfolio may be categorized as follows:
Show More
Object of Issue
  • 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 Purposes

Peer Companies Of This Sector

FAQs

Danish Power operates in Electric Equipments - Transformers and Manufactures Various Types Of Transformers, Including Inverter Duty Transformers For Use In Renewable Power Projects Such As Solar Power Plants And Wind Farms.. The Issue is listed on NSE EMERGE in Oct, 2024. Danish Power IPO size was 197.90 Cr. with Issue price of 380.00 .

Danish Power IPO subscription was 126.65 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Danish Power IPO listed at a listing price of 598.50 against the offer price of 380.00.

The current market price of Danish Power is 998.65.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency