SMEClosed

Danish Power Limited IPO Subscription Status

📅Offer Date: 22 Oct 2024 – 24 Oct 2024

Minimum investment
₹1,14,000300 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total126.72x
QIB0.00x
NII0.00x
Retail79.88x

Danish Power Limited IPO was subscribed 126.72x in total when bidding closed on 24 Oct 2024, with 0.00x in the QIB category, 0.00x in NII, 79.88x in retail. The issue ran from 22 Oct 2024 to 24 Oct 2024 at a price band of ₹360.00–₹380.00 per share.

QIB0.00xNII0.00xRetail79.88xTotal126.72x1×

Times subscribed by category against the 1× line.

80
≈ 1 in 80 retail allotment
low allotment chance

Based on retail subscription (79.88x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail17,09,40013,65,46,87279.88x
Total34,83,30044,14,03,776126.72x
QIB / NII9,76,50000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail64.965188.7879.88x
QIB / NII37.11—0.00x
Total102.065188.78126.72x

Values derived from share count × issue price (₹380.00)

What this means for allotment & listing

Because Danish Power Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Danish Power Limited IPO subscription FAQs