Who is the CEO of Danish Power Ltd?
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The CEO of Danish Power Ltd is Dinesh Talwar.
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Danish Power IPO, a book-built issue of ?197.90 crores, marks an exciting opportunity for investors in the renewable energy and power sector. The company, Danish Power Limited, is well-known for manufacturing a range of transformers for solar and wind energy projects, conventional power generation, and distribution systems. With two manufacturing facilities in Jaipur, the company has built a strong market position by delivering quality products and services to top clients like Tata Power and Torrent Power.
Overview of the Company
Founded in 1985, Danish Power Limited specializes in manufacturing transformers, control panels, and automation services catering to renewable energy projects. They play a key role in providing solutions for solar and wind power generation.
Core Business and Market Position
The company is well-positioned in the energy sector, thanks to its extensive product range and commitment to delivering high-quality products. Danish Power Limited has built long-term relationships with clients, which include leading energy companies, ensuring a stable demand pipeline.
IPO Dates | October 22, 2024 – October 24, 2024 |
Listing Date | October 29, 2024 |
Price Band | ?360 to ?380 per share |
Total Issue Size | ?197.90 Cr |
Fresh Issue Size | ?197.90 Cr |
Listing Exchange | NSE SME |
Lot Size | 300 shares |
Purpose of the IPO
The primary objectives of the Danish Power IPO include funding capital expenditure for the expansion of its manufacturing facilities, meeting working capital needs, and repayment of existing debt. Additionally, a portion of the proceeds will be allocated for general corporate purposes.
Event | Date |
IPO Open Date | Tuesday, October 22, 2024 |
IPO Close Date | Thursday, October 24, 2024 |
Basis of Allotment | Friday, October 25, 2024 |
Initiation of Refunds | Monday, October 28, 2024 |
Credit of Shares to Demat | Monday, October 28, 2024 |
Listing Date | Tuesday, October 29, 2024 |
Cut-off Time for UPI Mandate Confirmation | 5 PM on October 24, 2024 |
Minimum Lot Size and Application Details
Online Application Process
Key Financial Metrics
Recent Performance and Growth Prospects
Danish Power has seen significant growth with strong revenue and profit margins. The company's ability to cater to renewable energy sectors, especially solar and wind, positions it for further growth. With the IPO proceeds, the expansion of manufacturing capacity will drive future revenues.
Potential Risks of Investing in the IPO
Opportunities and Growth Potential
Metric | Value |
ROE | 11.94% |
ROCE | 12.30% |
Debt/Equity | 0.27 |
RoNW | 10.85 |
PAT Margin | 14.58% |
Registrar | Contact Information |
Link Intime India | Phone: +91-22-4918 6270, Email: danishpower.smeipo@linkintime.co.in |
Lead Manager | Company |
Lead Manager | Hem Securities Limited |
Market Maker | Hem Finlease |
Company | Danish Power Limited |
Address | DTA-02-07-08, Phase II, Mahindra World City, Jaipur-302037 |
Phone | +91-9001829230 |
cs@danish.co.in |
Danish Power IPO offers an investment opportunity with its growth trajectory in the renewable energy sector. With plans to expand its production capabilities, this IPO could be a key player in the green energy shift. Investors should consider both risks and opportunities before investing.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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The CEO of Danish Power Ltd is Dinesh Talwar.
The IPO will open for subscription on October 22, 2024, and close on October 24, 2024.
The price band is set between ₹360 and ₹380 per share, determined based on market demand and financial performance.
You can apply online via your trading platform by selecting Danish Power IPO, entering the number of lots, and confirming the UPI mandate.
Key risks include market dependency and competition. However, rewards stem from the company’s growth in the renewable energy sector.
The shares are expected to be listed on October 29, 2024, on NSE SME.
You should review the IPO’s Red Herring Prospectus (RHP) for detailed information.
The lock-up period details are not available.
Dividend policies depend on future earnings and are outlined in the company’s RHP.
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