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Quality Power Electrical Equipments Ltd.

Quality Power Electrical Equipments Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹425
₹425
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹425
Based on GMP
Min. Investment
₹11,050
1 lot × 26 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
14 Feb 2025
Close Date
18 Feb 2025
Allotment
19 Feb 2025
Listing Date
24 Feb 2025
Exchange
NSE & BSE
Price Band
₹425
Listing Price
See chart
Allotment Status
Price Band
₹425
Per share
Face Value
₹10 per share
 
Lot Size
26 Shares
per lot
Issue Size
2,02,04,600 shares (aggregating up to ₹858.70 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹11,050
1 lot
Pre-IPO Holding
7,21,50,000 shares
Promoters
Post-IPO Holding
7,74,44,100 shares
Promoters
P/E (Pre)
55.28x
 
P/E (Post)
32.86x
 
EPS (Pre)
₹7.69
 
EPS (Post)
₹12.93
 
UPI Deadline
2025-02-18
Mandate
Anchor AllotmentThu, 13 Feb 2025
Basis of AllotmentWed, 19 Feb 2025
Refund InitiationThu, 20 Feb 2025
Demat CreditThu, 20 Feb 2025
Listing DayMon, 24 Feb 2025
UPI Mandate Deadline2025-02-18
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares52,94,100 shares (aggregating up to ₹225.00 Cr)
Offer for Sale1,49,10,500 shares of ₹10 (aggregating up to ₹633.70 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Quality Power Electrical Equipments Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 18 Feb 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
20,204,600
100% ₹858.70
IPO Shares Offered
Quality Power Electrical Equipments Ltd. IPO total issue size: ₹858.70 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 20,204,600 ₹858.70
100.00%
* Based on upper price band ₹425 per share
Lot Size & Investment
Lot Size
26
Shares per Lot
Issue Price
₹425.00
Upper Band
Min Investment
₹11,050
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)252₹22,100
Retail (Max — 18 Lots)18468₹198,900
S-HNI (Min — 19 Lots)19494₹209,950
B-HNI (Min — 91 Lots)912,366₹1,005,550
* Issue Price ₹425 × Lot Size 26 shares
IPO Schedule
Anchor
13 Feb 2025
✓ Done
IPO Open
14 Feb 2025
✓ Done
IPO Close
18 Feb 2025
✓ Done
Allotment
19 Feb 2025
✓ Done
Refunds
20 Feb 2025
✓ Done
Demat Credit
20 Feb 2025
✓ Done
Listing Day
24 Feb 2025
✓ Done
Quality Power Electrical Equipments Ltd. — Live Price LIVE
₹425.00
INR · BSE
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Issue ₹425.00 Live Price
About Quality Power Electrical Equipments Ltd.
Incorporated in 2001, Quality Power Electrical Equipments Limited is engaged in the business of energy transition equipment and power technologies.The company provides high-voltage electrical equipment and solutions for grid connectivity and energy transition, specializing in power products across generation, transmission, distribution, and automation sectors.The company manufactures critical high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks, enabling energy transition from renewable sources to power grids.With over 20 years of experience, the company offers reactors, transformers, converters, and grid interconnection solutions globally.The company operates 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 had 210 customers, including power utilities, power industries, and renewable energy entities.Product Portfolio:Power Product: Reactors, Line Traps, Transformers, Instrument Transformers, Line Tuners ,Metal Enclosed Capacitor Bank, Composites.Power Quality Systems: Static VAR compensators, STATCOM's, Harmonic Filters, Capacitor Banks, Shunt Reactors.As of March 31, 2024, the company has 163 full-time employees and 372 contractual workers.Competative Strength:Global energy transition and power technology player catering to diverse industry segments and poised to benefit out of global shift towards decarbonisation and adoption of renewable energyDemonstrated track record of growth and financial performanceDiversified customer base of global businesses with long lasting relationshipsComprehensive product portfolio in the energy transition equipment and power technologies sector in India and abroad with high trade barriersDemonstrated record of strategic acquisitions along with enhanced order book contributing to growthResearch and development capabilities to offer future ready solutionsManagement team with domain experience
Objects of the Issue
1
Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited
2
Funding capital expenditure requirements of the Company for purchase plant and machinery
3
Funding inorganic growth through unidentified acquisitions and other strategic initiatives
4
General Corporate Purposes.
Quality Power Electrical Equipments Ltd. Financials (Amount in ₹ Crore)
Revenue from Operations
₹273.6
31 Mar 2023
₹331.4
31 Mar 2024
₹182.7
30 Sep 2024
Profit After Tax (PAT)
₹39.9
31 Mar 2023
₹55.5
31 Mar 2024
₹50.1
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 182.72 331.40 273.55
EBITDA N/A N/A N/A
Profit After Tax (PAT) 50.08 55.47 39.89
Net Worth 238.63 190.33 175.66
Total Assets 399.64 358.88 312.24
Reserves & Surplus 150.43 162.56 153.86
Borrowings 25.55 38.28 10.61
EBITDA Margin (%) N/A
PAT Margin (%) 16.74%
P/BV Ratio
16.11
RoE
29.15%
RoCE
19.20%
RoNW
29.15%
PAT Margin
16.74%
Debt/Equity
0.20
Issue Structure & Shareholding
Total Shares Offered2,02,04,600 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding7,21,50,000 shares
Post-Issue Promoter Holding7,74,44,100 shares
P/BV Ratio16.11
RoE29.15%
RoCE19.20%
Debt / Equity0.20
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Quality Power Electrical Equipments Ltd. IPO subscribed?

Quality Power Electrical Equipments Ltd. IPO is subscribed 1.00 times by Feb 18, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Quality Power Electrical Equipments Ltd. IPO retail subscription status?

The Quality Power Electrical Equipments Ltd. IPO retail category is subscribed 1.00 times as of 18 Feb 2025. The retail portion is oversubscribed.

How to subscribe Quality Power Electrical Equipments Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 14 Feb 2025 and closes 18 Feb 2025. Min investment: ₹11,050 (1 lot = 26 shares). UPI mandate: 2025-02-18.

How many times Quality Power Electrical Equipments Ltd. IPO subscribed?

The Quality Power Electrical Equipments Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Quality Power Electrical Equipments Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in. Enter your PAN, application number or DP/Client ID. Allotment date: 19 Feb 2025. Refunds: on 20 Feb 2025.

When Quality Power Electrical Equipments Ltd. IPO will be listed?

The Quality Power Electrical Equipments Ltd. IPO listing date is 24 Feb 2025, Monday. Listed on: NSE & BSE. Issue price: ₹425. Estimated listing: ₹425. GMP: NIL.

When Quality Power Electrical Equipments Ltd. IPO close?

The Quality Power Electrical Equipments Ltd. IPO closes on 18 Feb 2025, Tuesday. UPI mandate: 2025-02-18. Allotment: 19 Feb 2025. Listing: 24 Feb 2025.