Danish Power IPO

About Danish Power IPO

Established in 1985, Danish Power Limited is a leading manufacturer of a diverse range of transformers, including specialized inverter duty transformers for renewable energy projects such as solar and wind power plants. With manufacturing facilities strategically located in Jaipur, the company boasts a combined capacity of approximately 4681 MVA for transformers and 576 units for control relay panels. These facilities are equipped with advanced machinery, including foil winding machines and CNC plasma machines, ensuring high-quality production for various sectors including power generation, transmission, and utilities.

The company’s commitment to quality is underscored by its NABL-accredited testing facility, which conducts rigorous routine and specialized tests to meet industry standards. This focus on compliance and quality assurance has solidified Danish Power's reputation for delivering reliable products that adhere to stringent regulatory requirements, fostering strong customer relationships and satisfaction.

Danish Power serves a diversified client base, including industry giants such as Tata Power Solar System Ltd, Waaree Renewable Technologies Limited, and ABB India Limited. This extensive clientele reflects the company’s ability to cater to the unique demands of renewable power EPC projects, electricity substations, and power utilities. The company’s proactive approach to client service, characterized by timely delivery and consistent product quality, has been instrumental in retaining long-term partnerships within the power industry.

Their combined industry experience and commitment to innovation drive the company’s strategic expansion and operational excellence. By continuously investing in modern technology and maintaining robust supplier relationships for essential raw materials, Danish Power is well-positioned to meet the evolving needs of the power sector while contributing to the advancement of renewable energy initiatives.

Danish Power Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives

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 therein 

2) To meet working capital requirements. 

3) Repayment of certain borrowing availed by the Company, in part or full. 

4) General Corporate Purpose.