Danish Power IPO Lot Size
The Danish Power IPO is a book build issue with a total issue size of ₹197.9 cr, comprising of fresh issue of 5208000 equity shares. Danish Power IPO opened for subscription on Oct 22, 2024 and closed on Oct 24, 2024. Danish Power IPO is set price band at ₹360 to ₹380 per share, with a lot size of 300 shares. Minimum investment for Retail investors was ₹228,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Oct 25, 2024, and listed on the NSE on Oct 29, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. Hem Securities Limited are the Book Running Lead Manager for the issue.
Before investing in the Danish Power IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
Danish Power IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 300 | 114,000.00 |
| Retail (Max) | 1 | 300 | 114,000.00 |
| S-HNI (Min) | 2 | 600 | 228,000.00 |
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Danish Power IPO is a Book-building IPO with a total issue size of ₹197.9 crore. The Danish Power IPO price band is ₹360 to 380 per share. The Danish Power IPO subscription opens on Tue, Oct 22, 2024, and closes on Thu, Oct 24, 2024. The Danish Power IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Danish Power IPO.
The Danish Power IPO opens on Tue, Oct 22, 2024 and closes on Thu, Oct 24, 2024
Danish Power IPO Price Band is ₹360 to 380 per share.
Danish Power IPO lot size is 300 shares, Retail investors need a minimum investment of ₹228000 based on the upper price band
The minimum investment for Danish Power IPO is ₹228000, based on one lot of 300 shares at the upper price band of ₹380 per share.
Investors can apply for the Danish Power IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Oct 24, 2024. The application amount remains blocked until the Danish Power IPO allotment is finalized.
Danish Power IPO issue size is ₹197.9 crores.
Danish Power IPO allotment date is Wed, Jul 1, 2026.
The registrar for Danish Power IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Danish Power IPO allotment status, refund processing, and other IPO-related information.
The Danish Power IPO GMP (Grey Market Premium) is ₹246 as of Tue, Oct 29, 2024. Based on the upper price band of ₹380 per share, the estimated Danish Power IPO listing price is ₹626, indicating a potential listing gain of approximately 0% over the issue price.