Danish Power Limited IPO
Danish Power Limited was a SME IPO in the Heavy Electrical Equipment sector, offered at ₹360–₹380 per share to raise ₹198 crore. It listed on 29 Oct 2024 at ₹570 and closed its first day at ₹598, a listing gain of +57.5% versus the ₹380 issue price. It now trades around ₹850 (+123.5% versus the issue price).
Frequently asked questions
- What were the Danish Power Limited IPO listing gains?
- Danish Power Limited listed on 29 Oct 2024 at ₹570, closing its first day at ₹598 — a listing gain of +57.5% versus the ₹380 issue price.
- What was the price band and lot size of the Danish Power Limited IPO?
- The price band was ₹360–₹380 per share, with a minimum lot of 300 shares (₹1,14,000 at the upper band).
- Who were the registrar and lead manager for the Danish Power Limited IPO?
- Link Intime India Private Limited was the registrar, and HEM Securities was the book-running lead manager.