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Danish Power Ltd.

Electric Equipment

IPO Details
  • Issue Type Book building
  • Price range Rs.360-380
  • Market Lot 300
  • Total Equity Shares 3744000
  • Face Value Rs. 10
  • Listing Date Oct 29, 2024
IPO Timeline
Opening date Oct 22, 2024
Closing date Oct 24, 2024
Listing Date Oct 29, 2024

IPO Details

We are 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. Our customers include companies like Tata Power Solar System Ltd, Waaree Renewable Technologies Limited, Jakson Green Private Limited, ABB India Limited & Torrent Power Limited.

Projects

1. Project Name: Funding capital expenditure towards expansion of the manufacturing facility of the Company by buildi

Project Cost: 369.947

2. Project Name: To meet working capital requirements

Project Cost: 850

3. Project Name: Repayment of certain borrowing availed by our Company, in part or full

Project Cost: 200

Promoters

Prmoters Name

1. Dinesh Talwar

2. Shivam Talwar

3. Puneet Sandhu Talwar

Prmoters Holdings
  • Pre Share Capital: 14483583
  • Pre Promoter Holding: 99.99
  • Offer to Public: 5208000
  • Post Share Capital: 14483583
  • Post Promoter Holding: 73.55

Registrar

Registrar Name:Link Intime India Pvt Ltd.
Phone: 91-022-25946970/71/72/73/74/75/76/77/78/60320
Email: helpdesk@linkintime.co.in
Website: www.linkintime.co.in

Lead Managers

  • Hem Securities Ltd.

Subscription Details

Field Description Field Value
Ipo Code 3052
Total Equity 3744000

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 0
No of Shares Bid For Qualified Institutional Buyers 102332100
Total No of Shares Bid For Qualified Institutional Buyers 0.00
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 27043800
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 552600
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 74735700
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 0
No of Shares Bid For Non-Institutional Buyers 202482600
Total No of Shares Bid For Non-Institutional Buyers 0.00
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 25022700
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 175731900
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 1728000
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 136552200
Total No of Shares Bid For Retail Individual Investor 0.00
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 83765100
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 52787100
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 43200
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 5700
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 37500
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 0
No of Shares Bid For All 441410100
Total 0.00