Danish Power Ltd

Danish Power Ltd IPO

Danish Power Limited is an ISO 9001:2015, ISO 14001: 2015 and ISO 45001:2018 certified company, 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. Its customers include companies like Tata Power Solar System Ltd, Waaree Renewable Technologies Limited, Jakson Green Private Limited, ABB India Limited & Torrent Power Limited.

Price Range

₹360 - 380

Bidding Dates

22 Oct - 24 Oct

Allotment Date

25 Oct 2024

Key Statistics

Bid Opening DateBid Opening Date22 Oct 2024
Bid Opening DateBid Opening Date24 Oct 2024
Bid Opening DateBid Opening Date25 Oct 2024
Issue SizeIssue Size₹197.9Cr
Quantity in 1 lotQuantity in 1 lot300

Strength and risks

Strength

Strength

  • Established Manufacturing facility

  • Existing relationship with the clients.

  • Diversified Product Base

  • Experienced and Strong Promotors/Management team

  • Quality assurance


Risk

Risk

  • The company significantly depends upon few of the raw material suppliers for its manufacturing activities. Volatility in the supply andpricing of the company raw materials may have an adverse effect on its business, financial condition and results of operations.

  • Its may not be able to realize the amounts, partly or at all, reflected in the company Order Book which may materially and adversely affect its business, prospects, reputation, profitability, financial condition and results of operation.

  • Under-utilization of its manufacturing capacities and an inability to effectively utilize the company existing manufacturing capacities could have an adverse effect on its business, future prospects and future financial performance.

  • The company is subject to strict performance requirements, including, but not limited to, quality and delivery, by its customers, and any failures by the company to comply with these performance requirements may lead to the cancellation of existing and future orders, recalls or warranty and liability claims.

  • Substantial portion of its revenues has been dependent upon few customers. The loss of any one or more of the company major customer would have a material adverse effect on its business, cash flows, results of operations and financial condition.

  • Product designing is very important part for its equipment for which the company relies on its team. Any loss or error by these employees may have an adverse effect on its equipment and operations.

  • Any failures to protect or enforce its rights to own or use trademarks and brand names and identities could have an adverse effect on the companys business and competitive position.

  • The Company has encountered certain issues and discrepancies in its corporate records and regulatory compliance, which present potential risks.

  • The restated financial statements have been provided by peer reviewed chartered accountant who is not statutory auditor of the Company.

  • Demand for its transformers and relay panels business is dependent on growth in the power generation, transmission and distribution industry & infrastructure, that may contribute to fluctuations in its results of operations and financial condition.

Promoters Holding

Investors Holdings %
Dinesh Talwar88.31%
Shivam Talwar7.54%
Puneet Sandhu Talwar0%
Dinesh Talwar HUF4.14%

About Danish Power Ltd

OrganisationDanish Power Ltd
HeadquartersJaipur
IndustryCapital Goods - Electrical Equipment

Frequently Asked Questions

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