
Quality Power IPO: Check IPO Date, Live Subscription and Key Details
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
Price Range
₹401.00-425.00
Issue Size
₹858.7 Cr
Lot Size
26 shares
IPO Type
Mainboard
GMP
₹-10(-2.35%)
Est. Listing Price
₹415
Estimate Profit
₹-260
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
12.93
P/E Ratio
32.86
RoNW
29.15%
ROE
29.15%
Debt to Equity
0.2
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Timeline
IPO Opens
14 Feb
IPO Closes
18 Feb
Allotment
19 Feb
Listing
21 Feb
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 14 February 2025 | Subscription starts |
| IPO Close Date | 18 February 2025 | Subscription ends |
| Allotment Date | 19 February 2025 | Allotment |
| Listing Date | 21 February 2025 | Listing |
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.
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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 |
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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
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