Danish Power Limited

Company Profile
Company Name Danish Power Limited
Open Date 22-10-2024
Close Date 24-10-2024
Exchange NSE SME
Lot Size 300 Shares
Issue Price ₹360 to ₹380 per share
Issue Size 52,08,000 shares
Application Amount ₹1,14,000
Recommendation Apply
Danish Power Limited was originally incorporated on July 10, 1985. The registered office is located at Jaipur, Rajasthan. The company is 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. The company has 346 permanent employees as on June 30, 2024.
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24
Revenue 14,863.3 18,870.1 33,247.7
EBITDA 1,062.6 1,616.70 5,583.49
Net Profit 524.88 857.09 3,807.28
RoCE 19.63% 25.67% 58.10%
ROE 14.79% 19.45% 46.36%
P/E 104.97 64.19 14.45

Tentative Timeline

Opening Date 22-10-2024
Closing Date 24-10-2024
Basis of Allotment 25-10-2024
Initiation of Refunds 28-10-2024
Credit of Shares to Demat 28-10-2024
Listing Date 29-10-2024

Objects of the Issue

Funding capital expenditure towards expansion of the manufacturing facility of the Company by building of factory shed and installation of additional plant and machinery therein
Repayment of certain borrowing availed by the Company, in part or full
Working capital requirements
General Corporate Purposes

Contact Information

Registered Office Danish Power Limited DTA-02-07-08, DTA Phase-II, , PO, Mahindra World City, Mahindra World City Sanganer Jaipur-302037
Phone +91- 9001829230
Email cs@danish.co.in
Website https://www.danish.co.in/

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270
Email danishpower.smeipo@linkintime.co.in
Website https://linkintime.co.in/initial_offer/public-issues.html

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net Issue
Retail Shares Offered Not more than 35.00% of the Net Issue
NII (HNI) Shares Offered Not more than 15.00% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters) 99.99%
Shareholding Post Issue (Promoters) 73.55%

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