Danish Power IPO

Danish Power Ltd

₹1,08,000 /300 sharesMinimum Investment

Danish Power IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹380.00₹570.00₹190.00 (50.00%)

Danish Power IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
22 Oct ‘24 - 24 Oct ‘24₹1,08,000300₹360 - ₹380
Issue SizeIPO Doc
197.90Cr
RHP PDF

Subscription rate

As of 24 Oct'24, 04:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Employees0x
Total66.3161057692308x

About Danish Power

Danish Power is a manufacturer of transformers and control relay panels. The company caters to the specific needs of renewable power projects and different industrial sectors. Danish Power’s product line-up can be classified into inverter duty transformers (that have capacities up to 20 MVA and 33 kV class – specifically designed for solar plants and transformers for wind turbines), distribution transformers (up to 5 MVA and 33 kV class), power transformers (can handle capacities up to 63 MVA with a voltage class of 132 kV), and panels that include control relay panels up to 400 kV class, substation automation systems (SCADA), busbar protection panels, low tension panels, and automatic power factor control panels.;
Founded in
1985
Managing director
Mr. Shivam Talwar
Parent organisation
Danish Power Ltd

Strengths & Financials of Danish Power

Strengths
Risks
Danish Power is ISO 9001:2015 certified for quality management systems, ISO 14001:2015 certified for environmental management systems, and ISO 45001:2018 certified for occupational health and safety management systems.
The company's clientele consists of popular names like Tata Power Solar, Waaree Renewable Technologies Limited, Jakson Green Private Limited, ABB India Limited, and Torrent Power Limited.
Danish Power operates two manufacturing facilities with a total capacity of about 4,681 MVA for transformer production and can produce around 576 units of control relay panels annually.
The company claims that the facilities are equipped with advanced machinery, such as foil winding machine, oil storage tanks, a busbar processing machine, a lathe machine, a CNC plasma machine, a transformer oil filter machine, a sheet rolling machine, a powder coating plant, a motorised sheet cutter machine, a power press, HV/LV coil winding machines, and a vacuum drying oven with a trolley, a pipe & bolt threading machine, a roller bending machine, a vacuum pump, and a shearing machine.
Danish Power’s testing facility is accredited by NABL and conducts routine tests as per industry standards. The company claims that it is equipped to perform specialised tests such as lightning impulse withstand tests, capacitance – tan delta tests, temperature rise tests, and partial discharge tests.
The company has recorded a consistent rise in revenue from operations and profit after tax (PAT) over the last few years. Revenue from operations increased from Rs 148.63 crore in FY22 (standalone) to Rs 188.70 crore in FY23 (standalone) to Rs 332.48 crore in FY24 (consolidated), while PAT increased from Rs 5.25 crore in FY22 (standalone) to Rs 8.57 crore in FY23 (standalone) to Rs 38.07 crore in FY24 (consolidated).

Danish Power Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Danish Power IPO

Apply asPrice bandApply upto
Regular360 - 380₹2 Lakh
Employee360 - 380₹2 Lakh
High Networth Individual360 - 380₹2 - 5 Lakh
For Danish Power IPO, eligible investors can apply as Regular & Employee.
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