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Open
22 Oct 2024
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Close
24 Oct 2024
3
Allotment
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Listing
Tue, Oct 29, 2024
Price Band
₹360 to ₹380
Issue Size
52,08,000 shares (agg. up to ₹198 Cr)
Lot Size
300 Shares
Listing Date
Tue, Oct 29, 2024
Latest GMP
₹246
Est. Gain
64.74%
✦ AI Insight
GMP Trend
29-10-2024₹246Est. ₹626+64.74%
28-10-2024₹246Est. ₹626+64.74%
27-10-2024₹246Est. ₹626+64.74%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 89.11x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 |
|---|---|---|
| Assets | 206.39 | 159.78 |
| Total Income | 72.73 | 334.64 |
| Profit After Tax | 9.98 | 38.07 |
| NET Worth | 92.01 | 82.13 |
| Reserves and Surplus | 77.53 | 80.52 |
| Total Borrowing | 23.93 | 10.12 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Trom Industries Ltd. | SME | ₹31.37 Cr | ₹115 | 12.98 | ₹229.40 | +99.48% | ₹61.90 |
| KP Green Engineering Ltd. | SME | ₹189.50 Cr | ₹144 | 42.8 | ₹210.00 | +45.83% | ₹279.75 |
| Kay Cee Energy & Infra Ltd. | SME | ₹15.93 Cr | ₹54 | 7.59 | ₹239.40 | +343.33% | ₹77.10 |
| Exicom Tele-Systems Ltd. | Mainboard | ₹429.00 Cr | ₹142 | 217.63 | ₹224.95 | +58.42% | ₹181.65 |
| Azad Engineering Ltd. | Mainboard | ₹740.00 Cr | ₹524 | 292.74 | ₹677.50 | +29.29% | ₹2,822.10 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | 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 | 36.99 |
| 2 | To meet working capital requirements | 85.00 |
| 3 | Repayment of certain borrowing availed by our Company, in part or full | 20.00 |
| 4 | General Corporate Purpose | 38.38 |
About Danish Power IPO
Updated on Aug 5, 2026
Contact Details
Danish Power Ltd. AddressDTA-02-07-08, DTA Phase-IIPO, Mahindra World CitySanganerJaipur, Rajasthan, 302037+91- 9001829230cs@danish.co.inVisit Website