Danish Power IPO Subscription Details

Bookbuilding IPO | ₹198 Cr | Listed at NSE SME | Tue, Oct 22, 2024 - Thu, Oct 24, 2024

Basis of Allotment - Danish Power IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)9,76,50014,64,00024,40,5007,32,90017,09,40064,50049,47,300
Allotment price (Rs.)380380380380380380380
No.of applications831910233,5404,47,222614,80,925
No.of shares applied10,23,15,00014,64,00010,37,79,00020,28,46,20013,41,66,60042,00044,08,33,800
Amount collected (Rs.cr.)3,887.97 55.63 3,943.60 7,708.16 5,098.33 1.60 16,751.68
No.of times subscribed104.781.0042.52276.7778.490.6589.11
No.of shares allotted9,87,60014,64,00024,51,6007,36,50017,17,20042,00049,47,300
Amount (Rs.cr.)37.53 55.63 93.16 27.99 65.25 1.60 188.00
No.of allottees83191021,6195,724617,506

IPO Shares Offered

Danish Power IPO is a public issue of 0.49 Cr equity shares. The issue offers 0.17 Cr shares to retail investors, 0.24 Cr shares to qualified institutional buyers, and 0.07 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,60,7009.91 5.01%
QIB 24,40,50092.74 46.86%
    Anchor 14,64,000 55.63 28.11%
    QIB (Ex Anchor) 9,76,500 37.11 18.75%
NII* 7,32,90027.85 14.07%
Retail17,09,40064.96 32.82%
Employee64,5002.45 1.24%
Total52,08,000197.90 100%

Danish Power IPO Anchor Investor Allocation

A total of 14,64,000 shares at a price of Rs 380 per share will be allotted to the anchor investors.

Anchor investors bid opening dateOct 21, 2024
Anchor investor price₹380.00
Anchor investors as % of QIBs59.99%
No. of shares locked-in for 30 days7,32,000
No. of shares locked-in for 90 days7,32,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 BHARAT VENTURE OPPORTUNITIES FUND BHARAT VENTURE 1,31,700 5.00 9.00 2.53
2 CARNELIAN STRUCTURAL SHIFT FUND CARNELIAN 2,63,400 10.01 17.99 5.06
3 CHHATTISGARH INVESTMENTS LTD. CHHATTISGARH INVESTMENTS 26,400 1.00 1.80 0.51
4 FINAVENUE GROWTH FUND FINAVENUE 52,800 2.01 3.61 1.01
5 LOTUS VALUE TRUST LOTUS VALUE 26,400 1.00 1.80 0.51
6 INVICTO MULTIPLIER FUND INVICTO 1,31,700 5.00 9.00 2.53
7 JM FINANCIALS PRODUCTS LTD. JM FINANCIAL 52,800 2.01 3.61 1.01
8 M7 GLOBAL FUND PCC-AMALTAS INDIA OPPORTUNITIES FUND M7 GLOBAL 26,700 1.01 1.82 0.51
9 MERU INVESTMENT FUND PCC-CELL 1 MERU INVESTMENT 1,31,700 5.00 9.00 2.53
10 MINT FOCUSED GROWTH FUND PCC-CELL 1 MINT FOCUSED 1,31,700 5.00 9.00 2.53
11 NAV CAPITAL VCC NAV CAPITAL 26,400 1.00 1.80 0.51
12 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 26,400 1.00 1.80 0.51
13 RELIGO COMMODITIES VENTURES TRUST RELIGO 39,600 1.50 2.70 0.76
14 SHINE STAR BUILD-CAP PVT.LTD. SHINE STAR 26,400 1.00 1.80 0.51
15 TATTVAM AIF TRUST TATTVAM 26,700 1.01 1.82 0.51
16 VIJIT GROWTH TRUST VIJIT 26,700 1.01 1.82 0.51
17 VISIONARY VALUE TRUST VISIONARY 26,700 1.01 1.82 0.51
18 VALUEQUEST INDIA INVESTMENT TRUST VALUEQUEST 2,63,400 10.01 17.99 5.06
19 NIVESHAAY HEDGEHOGS FUND NIVESHAAY 26,400 1.00 1.80 0.51
14,64,00055.6310028.11

IPO Subscription FAQs

The Danish Power IPO is subscribed 89.169 times by Oct 24, 2024 18:20.

Danish Power IPO Subscription

0
Investor Category Subscription (times)
Qualified Institutional104.7948
Non Institutional275.9177
Retail Individual79.8821
Total Subscription89.169

Retail category of Danish Power IPO subscribed 79.8821 times as of date Oct 24, 2024 18:20. The public issue closes on Thu, Oct 24, 2024 for bidding.

An investor can apply in Danish Power IPO online via bank (using ASBA) or the broker (using UPI). The Danish Power IPO shares are offered online only.

The Danish Power IPO is subscribed 89.169 times by Oct 24, 2024 18:20.

The Danish Power IPO allotment status is expected on or around Friday, October 25, 2024. Visit Danish Power IPO allotment status to check.

The Danish Power IPO listing date is October 29, 2024. The equity share of Danish Power IPO will list on NSE SME.

Visit Danish Power IPO subscription status page for real-time bidding information about Danish Power IPO.

Danish Power IPO Timetable

IPO opens OnTuesday, October 22, 2024
IPO Closes OnThursday, October 24, 2024
Finalisation of Basis of AllotmentFriday, October 25, 2024
Initiation of RefundsMonday, October 28, 2024
Credit of Shares to Demat AccountMonday, October 28, 2024
IPO Listing DateTuesday, October 29, 2024
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