Danish Power Limited IPO Review
Neutral380-380 · SME
✦
Analyst Verdict
Danish Power Limited IPO
Neutral
IPO at a Glance
Price Band
380-380
Issue Size
198cr
Min. Investment
₹1,14,000
Opens
2024-10-20
Closes
2024-10-22
Listing
2024-10-27
Category
SME
Key Strengths
✓The company has a diversified product base which enables it to serve clients from various industries.
✓The company’s manufacturing units are well-equipped with the required machinery, equipment, and infrastructure to carry out the requisite manufacturing activities in compliance with the manufacturing standards.
✓The company is accredited with various quality management-related ISOs. Its focus on quality has made them retain existing customers and attract new customers.
Key Risks
⚠Nearly 87% of the company’s revenues are dependent on the top 10 clients. The loss of any one or more of the major customers would have a material adverse effect on the business.
⚠The company’s operations require a significant amount of working capital for continuing growth. Any inability to meet its working capital requirements may adversely affect the results of operations.
⚠It may not be able to realize the amounts, partly or at all, reflected in the order book which may materially and adversely affect the business, prospects, reputation, and profitability.
⚠Underutilization of its manufacturing capacities and an inability to effectively utilize the existing manufacturing capacities could adversely affect the business.
Frequently Asked Questions
Should I apply for Danish Power Limited IPO?
Based on our analysis, our rating for Danish Power Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Danish Power Limited IPO?
Nearly 87% of the company’s revenues are dependent on the top 10 clients. The loss of any one or more of the major customers would have a material adverse effect on the business. The company’s operations require a significant amount of working capital for continuing growth. Any inability to meet its working capital requirements may adversely affect the results of operations. It may not be able to
What are the strengths of Danish Power Limited IPO?
The company has a diversified product base which enables it to serve clients from various industries. The company’s manufacturing units are well-equipped with the required machinery, equipment, and infrastructure to carry out the requisite manufacturing activities in compliance with the manufacturing standards. The company is accredited with various quality management-related ISOs. Its focus on qu
What is the price band of Danish Power Limited IPO?
The price band for Danish Power Limited IPO is 380-380. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more