Quality Power Electrical Equipments Limited IPO is opening on 14 February 2025 and will run until 18 February 2025. This is a mainboard IPO that is raising ₹858.70 crore from a mix of fresh issue of 53 lakh equity shares and offer for sale (OFS) of 1.49 crore equity shares amounting to ₹ 225 crore and ₹633.70 crore respectively.
The Quality Power Electrical Equipments IPO allotment date will be finalized on Wednesday, 19 February 2025. Quality Power Electrical Equipments shares will probably be listed on BSE and NSE on Friday, 21 February 2025.
Quality Power Electrical Equipments IPO has set the price band between ₹401 and ₹425 per share where the minimum number of shares or the lot size is 26 indicating the minimum investment requirement for retail investors as ₹10426 however, they are suggested to bid at the higher side to avoid oversubscription rush. In that scenario, the minimum investment would be ₹11050. The minimum lot size and investment amount for the sNII is 19 lots and ₹209950 while that for bNII is 91 lots and ₹1005550.
Quality Power Electrical Equipments BSE NSE IPO Details
| Detail | Information |
| IPO Opening Date | February 14, 2025 |
| IPO Closing Date | February 18, 2025 |
| Tentative IPO Listing Date | February 21, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹401 to ₹425 per share |
| Lot Size | 26 shares |
| Total Issue Size | 20204618 Shares (₹858.70 Cr) |
| Fresh Issue | 5294118 Shares (₹225 Cr) |
| OFS | 14910500 Shares (₹633.70 Cr.) |
| IPO Segment | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share Holding Pre-Issue | 72150000 shares |
| Share Holding Post-Issue | 77444118 shares |
Quality Power Electrical Equipments Limited | Company Overview
Quality Power Electrical Equipments Limited embarked on its journey in 2001. It is engaged in the manufacturing and supply of energy transmission equipment and power technologies. It offers –
- High-voltage electrical equipment
- Solutions for grid connectivity
- Energy transition
- Various power products for all segments of energy transmission be it generation, distribution, transmission, or automation segment.
The company manufactures –
- High-voltage equipment for High Voltage Direct Current (HVDC)
- Flexible AC Transmission Systems (FACTS) networks
These products help in the transmission of energy from renewable sources to the power grid.
Apart from the above products, it manufactures –
- Transformers
- Converters
- Grid interconnection solutions
- Line traps
- Instrument transformer
- Metal-enclosed capacitor bank
- Line tuners
- Static VAR compensator
- Harmonic Filters
- More
The manufacturing units of the firm are located in Sangli, Maharashtra, and Aluva in Kerala.
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Quality Power Electrical Equipments Limited IPO | Key Details
- Quality Power Electrical Equipments IPO Opening Date: February 14, 2025,
- Quality Power Electrical Equipments IPO Closing Date: February 18, 2025.
- Allotment Date: February 19, 2025
- Price Band: ₹ 401 to ₹425 per share
- Lot Size: 26 shares
- Refunds Initiated: February 20, 2025
- Shares Credited to Demat: February 20, 2025
- Listing Date: February 21, 2025
Quality Power Electrical Equipments Ltd: Financial Overview
Quality Power Electrical Equipments Limited’s profits rose by 39% in FY24 from an increase of 21.15% rise in revenue.
Here are the details of the financials of the firm
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 358.88 | 312.24 | 46.64 | 14.93722777 |
| Revenue | 331.4 | 273.55 | 57.85 | 21.14787059 |
| Profit After Tax | 55.47 | 39.89 | 15.58 | 39.05740787 |
| Net Worth | 190.33 | 175.66 | 14.67 | 8.351360583 |
| Reserve & Surplus | 162.56 | 153.86 | 8.7 | 5.654491096 |
| Total Borrowing | 38.28 | 10.61 | 27.67 | 260.7917059 |
Quality Power Electrical Equipments Ltd IPO | FAQs
Quality Power Electrical Equipments Ltd manufactures energy transition equipment that are used in every stage of power generation, distribution, and other processes.
The tentative IPO listing date of Quality Power Electrical Equipments has been fixed as Friday, February 21, 2025.
The bidding date for the Quality Power Electrical Equipments IPO is February 14 2025, and it will continue until February 18 2025.
The minimum IPO lot size for Quality Power Electrical Equipments is 26 shares and for sNII, the minimum number of lots is 19 and for bNII it is 91 lots.
The IPO allotment is expected to be finalized on Wednesday, February 19, 2025.
The IPO face value is set at ₹10 per share.
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