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.

Danish Power, an Book Built Issue amounting to ₹197.90 Crores, consisting entirely an Fresh Issue of 52.08 Lakh Shares. The subscription period for the Danish Power IPO opens on October 22, 2024, and closes on October 24, 2024. The allotment is expected to be finalized on or about Friday, October 25, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Tuesday, October 29, 2024.

The Share price band Danish Power IPO is set at ₹360 to ₹380 equity per share, with a minimum lot size of 300 shares. Retail investors are required to invest a minimum of ₹1,14,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (600 shares), amounting to ₹2,28,000.

HEM SECURITIES LIMITED is the book-running lead manager, Link Intime India Private Limited is the registrar for the Issue. Hem Finlease Private Limited will act as Market Maker for the Danish Power IPO.

Danish Power Limited IPO GMP Today
The Grey Market Premium of Danish Power Limited IPO is expected to be ₹120 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Danish Power Limited IPO Live Subscription Status Today: Real-Time Updates
As of 06:15 PM on 24 October 2024, the Danish Power IPO live subscription status shows that the IPO subscribed 117.10 times on its Final day of subscription period. Check the Danish Power IPO Live Subscription Status Today at NSE.

Danish Power Limited IPO Anchor Investors Report
Danish Power Exports has raised ₹55.63 Crore from Anchor Investors at a price of ₹380 per shares in consultation of the Book Running Lead Managers. The company allocated 14,64,000 equity shares to the Anchor Investors. Check Full list of Danish Power Anchor Investors List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion.

Danish Power Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
Danish Power IPO allotment date is 25 October, 2024, Friday. Danish Power IPO Allotment will be out on 25th October 2024 and will be live on Registrar Website from the allotment date. Check Danish Power Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Danish Power Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Danish Power Limited IPO
Danish Power Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹3,699.47 Lakhs will be used for 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 
2) ₹8,500.00 Lakhs will be used to meet working capital requirements. 
3) ₹2,000.00 Lakhs will be used for Repayment of certain borrowing availed by the Company, in part or full. 
4) General Corporate Purpose.

Refer to Danish Power Limited RHP for more details about the Company.

Check latest IPO Review & analysis, Live IPO GMP today, Live IPO Subscription Status Today, Share Price, Financial Information and other details before applying in the IPO.

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The current active IPO is Freshara Agro Exports, Lakshya Powertech Limited IPO.

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About Danish Power Limited

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

The manufacturing facilities of the Company is equipped with Foil winding machine, Oil storage tanks, Bus bar processing machine, Lath machine, CNC plasma machine, Transformer oil filter machine, Sheet rolling machine, Powder coating plant, Motorized sheet cutter machine, Power press, HV/LV coil winding machine, Vacuum drying oven with trolly, Pipe & bolt threading machine, Roller bending machine, Vacuum pump, Shearing machine insulated motorized. The manufacturing facility is staffed with a workforce of approximately 346 employees as of June 30, 2024. 

The major raw material required by the company are Cold Rolled Grain Oriented (CRGO) Electrical Steel, Copper Wire, Copper Strip, Copper sheet and Aluminium Wire, Strip, Sheet, Mild Steel, Transformer Oil and Relays. The company has also been awarded with one star export house status from Government of India and also a winner of EEPC National award for three years in a row from FY 2013- 14 to FY 2015-16 of export excellence in product group of Transformers.

POWER SECTOR IN INDIA
Power is among the most critical components of infrastructure, crucial for the economic growth and welfare of nations. The existence and development of adequate power infrastructure is essential for sustained growth of the Indian economy. The fundamental principle of India’s power industry has been to provide universal access to affordable power in a sustainable way. The Ministry of Power has made significant efforts over the past few years to turn the country from one with a power shortage to one with a surplus by establishing a single national grid, fortifying the distribution network, and achieving universal household electrification. 

India’s power sector is one of the most diversified in the world. Sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power, to viable non-conventional sources such as wind, solar, agricultural, and domestic waste. Electricity demand in the country has increased rapidly and is expected to rise further in the years to come. In order to meet the increasing demand for electricity in the country, massive addition to the installed generating capacity is required. 

India was ranked fourth in wind power capacity and solar power capacity and fourth in renewable power installed capacity, as of 2021. India is the only country among the G20 nations that is on track to achieve the targets under the Paris Agreement.

ELECTRICITY DEMAND AROUND THE WORLD.
By 2025, for the first time in history, Asia will account for half of the world’s electricity consumption and one-third of global electricity will be consumed in China. Over the outlook period, global electricity demand is set to grow at an accelerated pace, by an annualised 3%, as electricity consumption increases in emerging markets and developing economies (EMDEs), led by the People’s Republic of China (hereafter “China”), India and Southeast Asia.

As the energy crisis abates, global electricity demand growth is set to rise from 2.6% in 2023 to an average 3.2% in 2024-2025. This stronger growth is well above the pre-pandemic rate of 2.4% observed in the 2015-2019 period. Indeed, by 2025 demand will increase by 2 500 TWh from 2022 levels, which means that over the next three years the electricity consumption added each year is roughly equivalent to that of the United Kingdom and Germany combined. More than half of the increase will come from China. The remaining growth will largely take place in India and Southeast Asia. 

In China, electricity demand growth was subdued on weaker economic activity in 2022, rising at an estimated 2.6%, and significantly below its trend of 5.4% in 2015-2019. China is by far the world’s largest electricity consumer at 31% of global demand in 2022. For 2023-2025 we expect an average annual growth of 5.2%. 

In India, the robust post-pandemic recovery continued to support strong electricity demand of over 8.4% in 2022, which was substantially higher than the average annual growth rate of 5.3% seen in the 2015-2019 period. The peak summer season also arrived early in 2022, resulting in the hottest March in over a century. Electricity demand from March to July was 12% higher than the same period in 2021. For the 2023-2025 period, we expect slightly slower growth, averaging 5.6% per year. 

Electricity demand in the European Union (EU) fell 3.5% in 2022, with spiking electricity prices, demand destruction in electricity intensive industries, energy saving measures and a mild winter all contributing to the decline. We expect EU demand to grow by around 1.4% on average in 2023-2025. 

In the United States, electricity demand rose by 2.6% in 2022, surpassing pre-Covid levels. But an expected economic slowdown in 2023 is expected to lead to a decline of about 0.6%, before returning to growth of 1.2% in 2024 and 1.3% in 2025. 

In Africa, electricity demand rose by 1.5% in 2022, with growth tempered by both lofty energy prices and high inflation rates. Our 2023- 2025 outlook for the region shows much stronger growth of an average 4.1%, led by a post-crisis economic recovery.

DANISH POWER LIMITED COMPETITIVE STRENGTHS
1. Established Manufacturing facility
2. Existing relationship with the clients.
3. Diversified Product Base
4. Experienced Promotors & Management team
5. Quality assurance

DANISH POWER LIMITED STRATEGIES
1. Expand their manufacturing facility
2. Expand geographical reach
3. Maintaining cordial relationship with their Suppliers, Customer and employees
4. Identify new opportunities by keeping an eye on latest developments in Transformer Industry

DANISH POWER LIMITED RISK FACTORS & CONCERNS
1. They deploy advanced technologies in the manufacturing, designing and installation of transformers.
2. They depend on the large industries, EPC service providers, public utilities for selling of their products which may effects their revenue from operation and profits.
3. They may be subject to surveillance measures, such as the Additional Surveillance Measures (ASM) and the Graded Surveillance Measures (GSM) by the Stock Exchanges which may adversely affect trading price of their Equity Shares.
4. Significant differences exist between Indian GAAP and other accounting principles, such as Ind AS, IFRS and U.S. GAAP, which may be material to investors’ assessments of their financial condition, result of operations and cash flows.