Danish Power Limited IPO has a ₹160 Grey Market Premium as of October 21, 2024, with a price range from ₹360 to ₹380 per share. Offering lots of 300 shares, the subscription window is open from October 22 to October 24, 2024.
Danish Power Limited IPO GMP Today
The Grey Market Premium (GMP) for Danish Power Limited is ₹160 as of October 21, 2024. This assessment coincides with a price from ₹360 to ₹380 per share for the IPO.
Danish Power Limited IPO Review
Danish Power Ltd demonstrates moderate financial growth with the revenue for Q1 FY2025 is ₹7,193.02, which is a significant drop from ₹33,247.67 in FY2024. The Profit After Tax also dropped to ₹998.21 in Q1 FY2025 from ₹3,807.27 in FY2024.
The company’s equity strengthened from ₹8,213.26 in FY2024 to ₹9,201.38 in Q1 FY2025. NAV per share increased ₹56.71 to ₹63.53 in Q1 of FY2025, Danish Power showcased strong liquidity and reduced reliance on debt.
To get a full IPO review, click here Danish Power IPO
Danish Power Limited IPO Date
Danish Power Limited will start accepting subscriptions from October 22 to October 24, 2024.
Danish Power Limited IPO Price
Danish Power Limited’s price range is from ₹360 to ₹380 per share with a face value of ₹10 each.
Danish Power Limited
Danish Power, an ISO-certified company, manufactures a range of transformers including inverter duty models for renewable energy projects like solar and wind farms. Their portfolio covers inverter duty transformers (up to 20 MVA), wind turbine transformers, distribution transformers (up to 5 MVA), power transformers (up to 63 MVA), and control relay panels. Clients include Tata Power Solar, ABB India, and Torrent Power.
How To Apply For Danish Power Limited IPO?
To apply for the Danish Power Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Danish Power Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Danish Power Limited IPO at Alice Blue in just a few clicks!