Quality Power IPO
ListedMainboardOpens 14 February 2025Closes 18 February 2025
Quality Power Electrical Equipments Limited, incorporated in 2001, specializes in energy transition equipment and power technologies. The company provides high-voltage electrical equipment and solutions for grid…
Quality Power Electrical Equipments Limited, incorporated in 2001, specializes in energy transition equipment and power technologies. The company provides high-voltage electrical equipment and solutions for grid connectivity, focusing on power generation, transmission, distribution, and automation. It manufactures critical components for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks, which help integrate renewable energy into power grids
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Key ratios
As per RHP / filingsTimeline
IPO Opens
14 Feb
IPO Closes
18 Feb
Allotment
19 Feb
Listing
21 Feb
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 14 February 2025 |
| IPO Close Date | 18 February 2025 |
| Allotment Date | 19 February 2025 |
| Listing Date | 21 February 2025 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹11,050 |
Retail (Max)Just less than ₹2,00,000 | 18 | ₹1,98,900 |
SHNI (Min)Just above ₹2,00,000 | 19 | ₹2,09,950 |
SHNI (Max)Below ₹10,00,000 | 90 | ₹9,94,500 |
BHNIAbove ₹10,00,000 | 91 | ₹10,05,550 |
IPO Objectives
- Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited
- Funding capital expenditure requirements of the Company for purchase plant and machinery
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives
- General Corporate Purposes.
- The Company will not receive any proceeds from the Offer for Sale and the proceeds received from the Offer for Sale will not form part of the Net Proceeds.
Strengths
- A key player in energy transition, benefiting from the global shift to renewables.
- Strong financial growth and a proven track record of success.
- Wide global customer base with long-term partnerships.
- Diverse product range with high trade barriers in advanced energy technology.
- Strong R&D capabilities for developing future-ready power solutions.
Weaknesses
- Strong reliance on government policies for renewable energy growth.
- Requires heavy investment, making it a capital-intensive business.
- Global supply chain issues can disrupt equipment manufacturing.
- Faces tough competition from well-established multinational companies.
- Profitability is affected by fluctuations in raw material prices.
Financial Performance
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 399.64 | 358.88 | 312.24 | 252.86 |
| Revenue (₹ Cr.) | 182.72 | 331.4 | 273.55 | 211.73 |
| PAT (₹ Cr.) | 50.08 | 55.47 | 39.89 | 42.23 |
| Net Worth (₹ Cr.) | 238.63 | 190.33 | 175.66 | 160.29 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Quality Power Electrical | 16.11 | 32.86 | 29.15% | 238.63 |
| Transformers And Rectifiers | 11.19 | 77.17 | 10.95% | 563 |
| Hitachi Energy India | 35.41 | 158.3 | 14.21% | 1,360 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.54x | 0.62x | 1.03x |
| NII | 0.83x | 1.1x | 1.45x |
| S-HNI | 0.14x | 0.33x | 0.79x |
| B-HNI | 1.15x | 1.48x | 1.78x |
| RII | 0.58x | 1.08x | 1.82x |
| Total | 0.62x | 0.83x | 1.29x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 60,61,380 | 62,34,956 | 264.99 |
| NII | 30,30,690 | 43,94,312 | 186.76 |
| Small NII | 10,10,230 | 7,95,704 | 33.82 |
| Big NII | 20,20,460 | 35,98,608 | 152.94 |
| RII | 20,20,460 | 36,74,658 | 156.17 |
| Total | 1,11,12,530 | 1,43,03,926 | 607.92 |
Company Details
- Quality Power Electrical Equipments Limited
- Plot No. L-61, M.I.D.C, Kupwad Block, Sangli – 416 436
- + 91 233 264 543
- investorgrievance@qualitypower.co.in
- http://www.qualitypower.com
Registrar Details
- Link Intime India Private Ltd
- +91-22-4918 6270
- emerald.ipo@linkintime.co.in
- https://linkintime.co.in/initial_offer/public-issues.html
Frequently Asked Questions
See live numbers on GMP, Subscription, and Allotment pages.
Quality Power IPO News & Updates
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Quality Power IPO IPO Pages
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Quality Power IPO Details
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Quality Power IPO GMP
Live grey market premium and listing estimate
Quality Power IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Quality Power IPO Allotment
Allotment date, chances, and check by PAN
Quality Power IPO Review
SWOT, strengths, risks, and IPO review
Quality Power IPO FAQ
Common questions on dates, GMP, and allotment
Quality Power IPO Registrar
Registrar website and how to check allotment
Quality Power IPO Timeline
Open, close, allotment, and listing dates
Quality Power IPO News
Updates, blogs, and latest IPO news
Sources
We match Quality Power IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Link Intime India Private LtdOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.