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Issue Open Date
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22-Oct-24
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Issue Closing Date
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24-Oct-24
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Application Money
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100
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Allotment Money
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Price Band
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360
-
380
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Minimium Application No.
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300
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Issue Size (Shares)
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3744000
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Market Lot
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1
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Objective
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1) Funding capital expenditure towards expansion of the manufacturing facility of the Company by building of factory shed and installation of additional plant and machinery.2) To meet working capital requirements.3) Repayment of certain borrowing availed by our Company, in part or full.4) General Corporate Purpose.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
|
202482600
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Qualified Institutional Buyers
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102332100
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Retail Individual Investors
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|
136552200
|
|
|
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Business Description
We are an ISO 9001:2015, ISO 14001: 2015 and ISO 45001:2018 certified company, engaged in the business of manufacturing ofdifferent types of transformers including inverter duty transformers used in renewable power projects like solar power plant or windfarms, oil and dry type power and distribution transformers, control relay panel along with substation automation services. Thesetransformers 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. Our customers include companies like Tata Power Solar System Ltd, Waaree Renewable Technologies Limited, Jakson Green Private Limited, ABB India Limited & Torrent Power Limited.
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Promoter's Holding
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Total Share Capital
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14483583
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Offered to Public
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5208000
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Promoter's Holding (Pre-Issue)
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99.99
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Promoter's Holding (Post-Issue)
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73.55
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Address |
D T A-02-07-08 D T A Phase- I I P O Mahindra World City Mahindra World City Sanganer
Jaipur,
Rajasthan,
302037
Phone : 9001829230
Email : info@danish.co.in
Website : www.danish.co.in
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Registrar |
MUFG Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
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Listed at |
NSE
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Lead Manager |
Hem Securities Ltd.
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Promoters |
Dinesh Talwar Puneet Sandhu Talwar Shivam Talwar
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