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Danish Power Limited logo

Danish Power Limited IPO

SME IPOListedDANISHNSE
Current Market Price (CMP)
₹846.10(+122.66%)
Current Price (CMP)
₹846.10(+122.66%)

Live Market Quote

Listing Price & Gain
₹570(+50.00%)

Day 1 Exchange Open

IPO Issue Price
₹380

Band: ₹360 - ₹380

Total Subscription
117.9x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
22 Oct 2024
IPO Bidding Closes
24 Oct 2024
Allotment & Refunds
Completed
Exchange Listing Day
29 Oct 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 117.9x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Employees Reservation0x
Total Subscription117.9x
Updated as on 24-Oct-2024 18:21:00

Listing Day & Return Performance

Listing Day Gain+50.00%
₹380 (Issue) → ₹570 (List)
Per share profit: +₹190.00
Holding Return (Till Date)+122.66%
₹380 (Issue) → ₹846.10 (CMP)
Net gain per share: +₹466.10
Post-Listing Performance (Listing Day → Today):+48.44%

About Danish Power Limited IPO

Danish Power Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 22 Oct 2024 and concluded on 24 Oct 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹360 - ₹380.

During the bidding window, Danish Power Limited witnessed heavy demand with an overall subscription of 117.9 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Danish Power Limited officially debuted on the stock exchanges on 29 Oct 2024 at an opening listing price of ₹570, delivering a listing day return of +50.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹846.10, representing an overall gain of +122.66% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Danish Power Limited IPO?
The issue price of Danish Power Limited IPO was fixed at ₹380 per equity share. The indicative bidding price band was ₹360 - ₹380.
What were the open, close, and listing dates for Danish Power Limited IPO?
Danish Power Limited IPO opened on 22 Oct 2024, closed on 24 Oct 2024, listed on 29 Oct 2024.
How much was Danish Power Limited IPO subscribed?
The IPO received an overall subscription of 117.9 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Danish Power Limited IPO?
Danish Power Limited IPO listed on the stock exchange at ₹570, delivering a listing gain of 50.00% compared to the IPO issue price of ₹380.
Is Danish Power Limited IPO a Mainboard or SME IPO?
Danish Power Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Danish Power Limited IPO since its IPO?
At the latest market quote of ₹846.10, Danish Power Limited IPO has generated an all-time return of +122.66% since its initial public offering.

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