Danish Power Limited
ListedSMEPower · NSE
Danish Power Limited, established in July 1985, is a leading manufacturer of transformers, specializing in inverter duty transformers for renewable energy projects like solar and wind farms. Their product range includes solar plant transformers up to 20 MVA 33 kV, wind turbine transformers, distribution transformers up to 5 MVA 33 kV, and power transformers up to 63 MVA 132 kV. They also produce control relay panels up to 400 kV and offer substation automation services, including SCADA, Bus Bar Protection, LT Panels, and APFC Panels. Operating from two manufacturing plants in Jaipur—one in Sitapura Industrial Area and another in Mahindra World City—the company follows strict quality, environmental, and safety standards with ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. As of March 31, 2024, Danish Power employed 343 full-time staff along with contractual workers.
Price Band
₹360 – ₹380
Issue Size
₹198 Cr
Lot Size
300 shares
GMP
₹246
+64.7%
Est. Listing
₹626
at current GMP
Subscribed
126.72x
overall
Open
22 Oct 2024
Close
24 Oct 2024
Allotment
25 Oct 2024
Refund
26 Oct 2024
Demat Credit
27 Oct 2024
Listing
29 Oct 2024
Last updated 12 days ago
Official Registrar Verification
Danish Power Limited Allotment Status
Designated Registrar: Link Intime India Private Limited
Allotment Date
25 Oct 2024
Basis finalization
Refunds Initiate
26 Oct 2024
Mandate release
Demat Credit
27 Oct 2024
Shares in demat
Listing Debut
29 Oct 2024
Trading begins
How to Check Danish Power Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
- Select Danish Power Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Danish Power Limited Public Issue & Market Profile
Danish Power Limited is bringing an initial public offering (IPO) in the Power sector with an aggregate issue size of ₹197.9 Crores. The shares are offered at a price band of ₹360 to ₹380 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2024-10-24, the basis of allotment is scheduled to be finalized on 2024-10-25. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.