Quality Power Electrical Equipments is set to launch its Rs 858.70 crore IPO, with applications open from 14th February to 18th February. The offering includes a fresh issue of Rs 225 crore and an offer for sale worth Rs 633.70 crore. The company’s shares will be listed on both the BSE and NSE.
This IPO follows a book-building issue structure, requiring a minimum investment of Rs 11,050 for retail investors. Small NIIs must invest Rs 2,09,950 for 494 shares (19 lots), while large NIIs need to invest Rs 10,05,550 for 2,366 shares (91 lots).
Link Intime India Pvt Ltd is the registrar for the offering. Pantomath Capital Advisors Pvt Ltd is the lead manager for the IPO.
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Quality Power Electrical Equipments IPO GMP
The latest updated Quality Power Electrical Equipments IPO GMP is Rs 0, as of 18th Feb, 2025 10:00 AM. The IPO has a price band of Rs 425. The estimated listing price for Quality Power Electrical Equipments IPO is Rs 425, reflecting a potential gain of 0% per share.
| Date | GMP | Expected Listing Price | Last Updated |
| 18-02-2025 | Rs 0 | Rs 425 | 10:00 AM |
| 17-02-2025 | Rs 0 | Rs 425 | 30:00 PM |
| 16-02-2025 | Rs 5 | Rs 430 | 10:00 AM |
| 15-02-2025 | Rs 5 | Rs 430 | 10:00 AM |
| 14-02-2025 | Rs 14 | Rs 439 | 10:00 AM |
| 13-02-2025 | Rs 28 | Rs 453 | 10:30AM |
| 12-02-2025 | Rs 35 | Rs 460 | 10:00 AM |
| 11-02-2025 | Rs 20 | Rs 445 | 04:15 PM |
| 10-02-2025 | Rs 52 | Rs 477 | 02:30 PM |
| 09-02-2025 | Rs 96 | Rs 521 | 11:30 PM |
| 08-02-2025 | Rs 135 | Rs 560 | 11:30 PM |
Quality Power Electrical Equipments IPO Details
| Face Value | Rs 10 per Share |
| Lot Size | 26 Shares |
| Price Band | Rs 401 to Rs 425 |
| Listing At | NSE, BSE |
| Total Issue Size | 2,02,04,618 Shares (aggregating up to Rs 858.70 Cr) |
| Fresh Issue | 52,94,118 Shares (aggregating up to Rs 225 Cr) |
| Offer for Sale | 1,49,10,500 Shares (aggregating up to Rs 633.70 Cr) |
| DRHP | Click Here |
| RHP | Click Here |
Quality Power Electrical Equipments IPO Timeline
| Open – Close Date | 14th Feb to 18th Feb |
| Last UPI Mandate Confirmation | 5 PM on 18th Feb |
| IPO Allotment | 19th Feb |
| Amount Refund | 20th Feb |
| Credit of Shares | 20th Feb |
| Listing Date | 21st Feb |
Quality Power Electrical Equipments IPO Lot Size
| Application | Lot | Size | Amount |
| Retail (Min) | 1 | 26 | Rs 11,050 |
| Retail (Max) | 18 | 468 | Rs 1,98,900 |
| S-HNI (Min) | 19 | 494 | Rs 2,09,950 |
| S-HNI (Max) | 90 | 2,340 | Rs 9,94,500 |
| B-HNI (Min) | 91 | 2,366 | Rs 10,05,550 |
Quality Power Electrical Equipments Company Details
- Quality Power Electrical Equipments Limited, incorporated in 2001, focuses on energy transition equipment and power technologies.
- It provides high-voltage electrical equipment and solutions for grid connectivity and energy transition across generation, transmission, distribution, and automation sectors.
- The company manufactures critical equipment for HVDC and FACTS networks, facilitating the transition from renewable energy to power grids.
- With over 20 years of experience, it offers products like reactors, transformers, converters, and grid interconnection solutions globally.
- It has manufacturing facilities in Sangli, Maharashtra, and Aluva, Kerala. In 2011, it acquired 51% of Endoks, a Turkey-based subsidiary.
- As of 31st March, 2024, the company had 210 customers, including power utilities, industries, and renewable energy entities.
Product portfolio includes:
- Power Products: Reactors, transformers, line traps, instrument transformers, and metal-enclosed capacitor banks.
- Power Quality Systems: Static VAR compensators, STATCOMs, harmonic filters, and shunt reactors.
The company employed 163 full-time employees and 372 contractual workers as of 31st March, 2024.
Is Quality Power Electrical Equipments IPO Worth Investing?
| Ended On | Sept 2024 | March 2024 | March 2023 |
| Assets | Rs 399.64 Cr | Rs 358.88 Cr | Rs 312.24 Cr |
| Revenue | Rs 182.72 Cr | Rs 331.4 Cr | Rs 273.55 Cr |
| PAT | Rs 50.08 Cr | Rs 55.47 Cr | Rs 39.89 Cr |
Financial Performance:
Revenue: The company generated Rs 182.72 crore in revenue during the period ended on 30th September, 2024. Revenue has generally increased over the periods, though there was a slight decline in the latest period.
Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 238.63 crore.
Financial Position:
Assets: The company’s total assets amounted to Rs 399.64 crore as of September 2024. Assets have grown significantly, indicating potential expansion and investment.
Profit After Tax (PAT): the company generated PAT of Rs 50.08 crore as of September 2024. Profitability has fluctuated considerably, with a significant drop in the latest period.
Quality Power Electrical Equipments IPO FAQs:
- What is the price band of the Quality Power Electrical Equipments IPO?
Quality Power Electrical Equipments IPO Price Band is Rs 401 to Rs 425.
- What is the issue size of Quality Power Electrical Equipments IPO?
Quality Power Electrical Equipments IPO issue size is Rs 858.70 crore.
- What is the lot size of Quality Power Electrical Equipments IPO?
The size of 1 lot is 26 Shares with a minimum bid of Rs 11,050.
- What is the allotment and listing date of Quality Power Electrical Equipments IPO?
The allotment date of the IPO is 19th Feb and the listing date for the same is 21st Feb.
