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Danish Power Ltd

Registered Office : DTA-02-07-08 DTA Phase II PO,Mahinda World City (Jaipur),Jaipur Rajasthan 302037 Phone : +91 90018 29230
Fax :

Email : cs@danish.co.in

Website : www.danish.co.in

Initial public offer of 52,08,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Danish Power Limited ("The Company" or "The Issuer") at an issue price of Rs. 380 per equity share (including share premium of Rs. 370 per equity share) for cash, aggregating up to Rs. 197.90 crores ("Public Issue") out of which 260,700 equity shares of face value of Rs. 10 each, at an issue price of Rs. 380 per equity share for cash, aggregating Rs. 9.91 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion") and upto 64,500 equity shares aggregating up to Rs. 2.45 crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 48,82,800 equity shares of face value of Rs. 10 each, at an issue price of Rs. 380 per equity share for cash, aggregating upto Rs. 185.55 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.45% and 24.80% respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment. The face value of the equity shares is Rs. 10/- each. The issue price is 38 times with the face value of the equity shares.

Issue

Opens On

Closes On

22-Oct-2024

24-Oct-2024

Money Payable On

Application

Allotment

380.00

0.00

Minimum Application for shares in Nos : 300.0 Further Multiples of : 300.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

180.38

197.90

19.69

380.00

Hem Securities Ltd

Projects

Funding capital exp towards expansion of the mfg facility of the company by building of factory shed and installation of additional plant and machinery therin

To meet working capital requirements

Repayment of certain borrowings availed by the company in part or full

General corporate purposes

Promoted By

Dinesh Talwar

Shivam Talwar

Puneet Sandhu Talwar

Listing At

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd