{
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Danish Power IPO achieves record subscription amid strong SME market activity

Danish Power's IPO has achieved a remarkable 117.9 times subscription, making it the largest-ever SME IPO, with investors purchasing 44.14 crore equity shares against an offer of 37.44 lakh shares. The Jaipur-based transformer manufacturer opened its share sale on October 22, aiming to raise Rs 197.9 crore at a price band of Rs 360-380 per share. Notably, the company secured Rs 55.63 crore from 19 anchor investors prior to the IPO launch.
Moneycontrol
Indian Rupee Obsc Perfection Ltd. Danish Power Ltd. Usha Financial Services Ltd. United Heat Transfer Ltd. IND Carnelian Structural Valuequest India JM Financial Bharat Venture Finavenue Capital Show more
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15:09 24.10.2024
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