Quality Power Electrical Equipments
Mainboard₹11,050 / 26 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 18 Feb 2025,05:00:00 PM |
| QIBs | 1.03 |
| NII | NII (bids above ₹10L): 1.78 times NII (bids below ₹10L): 0.79 times NII Total: 1.45 |
| Retail | 1.83 times |
| Total | 1.29 times |
Quality Power Electrical Equipments IPO Details
The Quality Power Electrical Equipments IPO price band is set between ₹401-425 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 14 Feb, 2025 and closes on 18 Feb, 2025. Investors can check the allotment status on 19 Feb, 2025, while the listing date is tentatively scheduled for 24 Feb, 2025.
The total issue size is Total ₹858.70 Cr :#Fresh Issue : 52,94,118 shares, aggregating up to ₹225.00 Cr. Stay tuned for the latest Quality Power Electrical Equipments IPO review and GMP updates.
Quality Power Electrical Equipments IPO Review, Rating & Analysis
Quality Power Electrical Equipments IPO Review
NO REVIEWQuality Power Electrical Equipments IPO Rating
Quality Power Electrical Equipments IPO Highlights
IPO Date
Feb 14, 2025 - Feb 18, 2025
Listing Date
24 Feb, 2025
Face Value
₹10 Per Equity Share
Price Band
₹401-425 per equity share
Lot Size
26 Shares
Fresh Issue
52,94,118 Shares
Offer for Sale
1,49,10,500 shares of ₹10
Listing At
BSE, NSE
Quality Power Electrical Equipments IPO Lot Size
The minimum market lot for Quality Power Electrical Equipments IPO is 26 shares with an application amount of ₹11,050. Retail investors can apply for up to 18 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 26 | ₹11,050 |
| Retail (Max) | 18 | 468 | ₹1,98,900 |
| S-HNI (Min) | 19 | 494 | ₹2,09,950 |
| S-HNI (Max) | 90 | 2340 | ₹9,94,500 |
| B-HNI (Min) | 91 | 2366 | ₹10,05,550 |
Quality Power Electrical Equipments IPO Timeline
Issue Price
₹401-425 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Pantomath Capital Advisors Pvt LtdIssue Size
Total ₹858.70 Cr :#Fresh Issue : 52,94,118 shares(aggregating up to ₹225.00 Cr) +
#OFS : 1,49,10,500 shares of ₹10(aggregating up to ₹633.70 Cr)
Quality Power Electrical Equipments IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 358.88 | 331.4 | 55.47 | 190.33 | - | 38.28 |
| 31 Mar 23 | 312.24 | 273.55 | 39.89 | 175.66 | - | 10.61 |
| 31 Mar 22 | 252.86 | 211.73 | 42.23 | 160.29 | - | 11.52 |
All values are in ₹ Cr.
Quality Power Electrical Equipments IPO Valuations
EPS Pre IPO
₹7.69/-EPS Post IPO
₹12.93/-PE Pre IPO
55.28PE Post IPO
32.86ROE
29.15%ROCE
19.20%Debt Equity
0.20RoNW
29.15%PAT Margin
16.74Price to Book Value
16.11Promoters & Share Holding
Promoter(s) Name
- Thalavaidurai Pandyan
- Chitra Pandyan
- Bharanidharan Pandyan
- Pandyan Family Trust
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.91% |
About Company
Incorporated in 2001, Quality Power Electrical Equipments Limited is into the business of energy transition equipment and power technologies.
The company is high-voltage electrical equipment and solutions for grid connectivity and energy transition. They specialize in the power products sectors in generation, transmission, distribution, and automation.
It makes critical high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks, which are used to transform energy from renewable sources into power grids.
With more than 20 years of experience, the company provides reactors, transformers, converters, and grid interconnection solutions worldwide.
The company has manufacturing facilities in Sangli, Maharashtra, and Aluva, Kerala. In 2011, it acquired 51% of Endoks, a Turkey-based subsidiary with design, assembly, and project management capabilities.
As of March 31,2024, the company has 210 customers, including power utilities, power industries, and renewable energy entities.
As of March 31,2024, the company has 163 full-time employees and 372 contractual workers.
Quality Power Electrical Equipments IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 60,61,380 | 30,30,690 20,20,460 10,10,230 | 20,20,460 | 1,11,12,530 |
Day 1 -14-02-25 05:00 PM | 0.54 x | 0.82 1.16 x 0.15 x | 0.57 x | 0.62 x |
Day 2 -17-02-25 05:00 PM | 0.62 x | 1.10 1.48 x 0.33 x | 1.07 x | 0.83 x |
Day 3 -18-02-25 05:00 PM | 1.03 x | 1.45 1.78 x 0.79 x | 1.83 x | 1.29 x |
Retail:1.29x
BHNI:0.22x
SHNI:0.71x times
Company Contact Details
Quality Power Electrical Equipments
Plot No. L-61,, M.I.D.C, Kupwad Block, Sangli – 416 436Phone: + 91 233 264 543
Email: investorgrievance@qualitypower.co.in
Website: http://www.qualitypower.com/
Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: qualitypower.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Frequently Asked Questions about Quality Power Electrical Equipments IPO
When will Quality Power Electrical Equipments IPO open for subscription?
The Quality Power Electrical Equipments IPO opens on 14 Feb, 2025 and closes on 18 Feb, 2025.
What is the investors portion for Quality Power Electrical Equipments IPO?
The investors' portion for QIB is 1.03 x, NII is 1.78 x, and Retail is 1.83 x.
How to apply for Quality Power Electrical Equipments IPO?
You can apply for Quality Power Electrical Equipments IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Quality Power Electrical Equipments IPO?
The issue size of Quality Power Electrical Equipments IPO is approx ₹Total ₹858.70 Cr :#Fresh Issue : 52,94,118 shares(aggregating up to ₹225.00 Cr) +#OFS : 1,49,10,500 shares of ₹10(aggregating up to ₹633.70 Cr) crores.
What is the price band of Quality Power Electrical Equipments IPO?
The price band for Quality Power Electrical Equipments IPO is ₹401 to ₹425 per equity share.
What is the lot size of Quality Power Electrical Equipments IPO?
The minimum bid (lot size) for Quality Power Electrical Equipments IPO is N/A shares with an investment of approx ₹11,050 .
What is the allotment date of Quality Power Electrical Equipments IPO?
The allotment date for Quality Power Electrical Equipments IPO is 19 Feb, 2025.
What is the listing date of Quality Power Electrical Equipments IPO?
The listing date for Quality Power Electrical Equipments IPO is expected to be 24 Feb, 2025.
What is the GMP of Quality Power Electrical Equipments IPO?
The latest Grey Market Premium (GMP) for Quality Power Electrical Equipments IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.