Quality Power Electrical Equipments Ltd
Price Range
₹401 - ₹425
Min. Quantity
26
Closes on
18 February 2025
Min. investment
₹11,050/468 Shares
Quality Power Electrical Equipments Ltd IPO Timeline
Quality Power Electrical Equipments Limited was originally incorporated as 'Quality Power Electrical Equipments Private Limited' pursuant to a Certificate of Incorporation dated September 20, 2001, issued by the Registrar of Companies, Pune, Maharashtra. The Company name subsequently changed to 'Quality Power Electrical Equipments Limited', upon the conversion of status to Public Company on June 14, 2024 by the Registrar of Companies, Pune.
| Event | Date |
|---|---|
| Quality Power Electrical Equipments Ltd IPO Opening Date | 14 February 2025 |
| Quality Power Electrical Equipments Ltd IPO Closing Date | 18 February 2025 |
| Basis of Allotment | 20 February 2025 |
| Initiation of Refunds | 21 February 2025 |
| Credit of Shares to Demat | 21 February 2025 |
| Quality Power Electrical Equipments Ltd IPO Listing Date | 24 February 2025 |
Quality Power Electrical Equipments Ltd IPO Details
| Quality Power Electrical Equipments Ltd IPO Date | 14 February 2025 to 18 February 2025 |
| Quality Power Electrical Equipments Ltd IPO Face Value | ₹10 per share |
| Quality Power Electrical Equipments Ltd IPO Price | ₹401 to ₹425 per share |
| Quality Power Electrical Equipments Ltd IPO Lot Size | 26 |
| Issue Size | Shares of ₹10 (aggregating up to ₹858.7 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹225 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹633.7 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 60,61,380 of the Net Offer |
| Retail Shares Offered | Not less than 20,20,460 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 30,30,690 of the Net Offer |
| Company Promoters | Thalavaidurai Pandyan, Chitra Pandyan, Bharanidharan Pandyan |
Quality Power Electrical Equipments Ltd IPO Lot Size
The Quality Power Electrical Equipments Ltd IPO lot size is 26 shares. A retail-individual investor can apply for up to 18 lots (468 shares or ₹1,98,900).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 26 | ₹11,050 |
| Maximum | 18 | 468 | ₹1,98,900 |
- Strengths
- Risks
- Opportunities
- 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 energy.
- Demonstrated track record of growth and financial performance for the six-month period ended September 30, 2024 and the last three fiscals.
- Diversified customer base of global businesses with long lasting relationships.
- Comprehensive product portfolio in the energy transition equipment and power technologies sector in India and abroad with high trade barriers.
- Demonstrated record of strategic acquisitions along with enhanced order book contributing to sustainable growth.
- Research and development capabilities to offer future ready solutions.
- Management team with domain experience.
Company Financials
Quality Power Electrical Equipments Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 139.12 | 133.68 | 17.54 |
| 03-2023 | 102.44 | 97.89 | 13.46 |
| 03-2022 | 86.21 | 76.36 | 8.07 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Pvt Ltd
- Funding capital exp requirements of the company for purchase plant and machinery
- General corporate purposes
Quality Power Electrical Equipments Ltd IPO Promoter Holding
| Pre Issue Share Holding | 13.67% |
| Post Issue Share Holding | 12.73% |
Quality Power Electrical Equipments Ltd IPO Subscription Status (Bidding Detail)
The Quality Power Electrical Equipments Ltd IPO is subscribed 1.2897 times on 18 February 2025 05:00:00 PM. The public issue subscribed 1.8316 times in the retail category, 1.0286 times in the QIB category, and 1.4504 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 1.0286 | 1.4504 | 1.8316 | - | 1.2897 |
Quality Power Electrical Equipments Ltd IPO Prospectus
Quality Power Electrical Equipments Ltd IPO Listing Date
| Listing Date | 24 February 2025 |
| BSE Script | 544367 |
| NSE Symbol | QPOWER |
| Listing In | BSE, NSE |
| ISIN | INE0SII01026 |
| IPO Price | ₹425 |
| Face Value | ₹10 |
Company Contact Information
PLOT No L-61MIDC Kupwad Block,Sangli-416436
Phone: 91-233-264 5432
Email: investorgrievance@qualitypower.co.in
Website: www.qualitypower.com
Quality Power Electrical Equipments Ltd IPO Registrar
Quality Power Electrical Equipments Ltd IPO Lead Manager(s)
- Pantomath Capital Advisors Pvt Ltd
FAQ
What is the issue size of Quality Power Electrical Equipments Ltd IPO?
I have pre-applied for Quality Power Electrical Equipments Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.