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The objective of the Issue
The Net Proceeds are proposed to be used by the details as set forth below:
- 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 Purpose.
IPO Details, Price, Market Lot
| Danish Power IPO Details |
| IPO Open Date |
22 October 2024 |
| IPO Close Date |
24 October 2024 |
| IPO Issue Size |
5,208,000 Shares (Aggregating up to ₹197.90 Cr) |
| Fresh Issue |
5,208,000 Shares (Aggregating up to ₹197.90 Cr) |
| Offer for Sale |
NIL |
| Retail Portion |
Not less than 35.00% of the net issue |
| NII Portion |
Not less than 15.00% of the net issue |
| QIB Portion |
Not more than 50.00% of the net issue |
| Listing At |
NSE SME |
| Danish Power IPO Price |
| Face Value |
₹10 per share |
| IPO Price Band |
₹360 to ₹380 per share |
| Employee Discount |
— |
| IPO Issue Type |
Book Built Issue |
|
| Danish Power IPO Market Lot For Retail Investor |
| No. of Shares Per Lot |
300 Shares |
| Minimum Lot Size |
1 Lot (300 Shares) |
| Minimum Amount (Cut-off price) |
₹1,14,000 |
| Maximum Lot Size |
1 Lot (300 Shares) |
| Maximum Amount (Cut-off price) |
₹1,14,000 |
| Danish Power IPO Market Lot For HNI |
| No. of Shares Per Lot |
300 Shares |
| Minimum Lot Size |
2 Lots (600 Shares) |
| Minimum Amount (Cut-off price) |
₹2,28,000 |
IPO Date, Listing Date, Allotment Date
| Time Table (Tentative) |
| IPO Open Date |
22 October 2024 |
| IPO Close Date |
24 October 2024 |
| Basis of Allotment Date |
25 October 2024 |
| Initiation of Refunds |
28 October 2024 |
| Credit of Share to Demat Account |
28 October 2024 |
| IPO Listing Date |
29 October 2024 |
|
Financial Report
| Period Ended |
Assets
(₹ in Lakh) |
Revenue
(₹ in Lakh) |
P A T
(₹ in Lakh) |
Net Worth
(₹ in Lakh) |
Borrowings
(₹ in Lakh) |
| 30 June 2024 |
20,639.09 |
7,273.29 |
998.21 |
9,201.38 |
2,393.07 |
| 31 March 2024 |
15,977.95 |
33,463.84 |
3,807.27 |
8,213.16 |
1,011.6 |
| Period Ended |
31 March 2024 |
31 March 2024 |
| Assets |
20,639.09 |
15,977.95 |
| Revenue |
7,273.29 |
33,463.84 |
| P A T |
998.21 |
3,807.27 |
| Net Worth |
9,201.38 |
8,213.16 |
| Borrowings |
2,393.07 |
1,011.60 |
| Amount in ₹ Lakh |
Company Promotor & Promotor’s Holding
| Pre Issue Promotor Holding |
99.99% |
| Post Issue Promotor Holding |
73.55% |
Company Address
IPO Registrar, Lead Manager, Prospectus
| IPO Prospectus |
|
|
| IPO Registrar |
| Link Intime India Private Ltd |
| IPO Lead Manager |
| Hem Securities Limited |
|
