Danish Power IPO Review

Danish Power Limited takes pride in being recognized as one of the leading quality conscious power equipment manufacturers and exporters from India. At Danish, they believe in building a legacy by looking at the future. They continue to foster an organization that retains the skills and expertise that their customers and industry expect and plan to meet the emerging challenges.

The Revenues from operations for the Fiscals 2024 ₹33,463.84 lakhs. The EBITDA for the Fiscals 2024 were ₹5,371.14 lakhs. The Profit after Tax for the Fiscals 2024 ₹3,807.27 lakhs.

For the Danish Power IPO, the company is issuing shares at a pre-issue EPS of ₹26.29 and a post-issue EPS of ₹19.33. The pre-issue P/E ratio is 14.45x, while the post-issue P/E ratio is 19.65x against the Industry P/E ratio is 48.14x. The company's ROCE for FY24 is 56.98% and RoE for FY24 is 60.35%. These metrics suggest that the IPO is fairly priced.

The growth of the company starts with the idea of their promoter namely Mr. Dinesh Talwar, who has an industry experience of around 39 years. Also, their Managing Director Shivam Talwar, who is a Bachelor of Engineering with Honors in Electrical & Electronic Engineering and has an industry experience of around 17 years in transformer manufacturing industry.

The Grey Market Premium (GMP) of Danish Power showing potential listing gains of 0%. Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid to the Danish Power Limited IPO for Listing gain or long term investment purposes.

Disclaimer: The information provided in this IPO review is for educational and informational purposes only and should not be construed as financial advice or an offer to buy or sell securities. The review must not be used as a singular basis of any investment decision. The views herein are of a general nature and do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing. Nothing in this document should be construed as investment advice. The content is based on publicly available information and market perceptions as of the date of publication and is subject to change. Neither the author nor the website is responsible for any losses or damages arising from the use of this information. 

About the Author
CA Abhay Kumar (Also known as CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms during the training period. He is good at Technical analysis and Fundamental Analysis and uses both Technical and Fundamental analysis along with five other important factors that affect the movement of the Market namely Global Market Analysis, Upcoming Event Analysis, Institutional Money Analysis, Derivative Data Analysis, and Emotions and Sentiment of Traders and Investors in his Framework called - Technical Fundamental GUIDE to find the winning Trades.
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