Parth Electricals & Engineering Ltd IPO

Parth Electricals & Engineering Ltd IPO

Mr. Jigneshkumar Gordhanbhai Patel started his business as proprietorship firm in 2005, which was converted into a private limited company i.e. Parth Electricals & Engineering Private Limited (the Company) in 2007, with a vision to be the preferred, well known, reliable, and quality supplier & service provider to our customers. The Company has a dedicated team of engineers who are engaged in designing and developing advanced designs which enable our Company to manufacture Electrical Panels, RMUs & CSS for power distribution ranging from 415 V to 33KV & Protection Relay Control Panels ranging from 33KV to 132KV.

Parth Electricals & Engineering Ltd IPO Details

Total Shares Offered

₹ 29,24,800

Offer to Public

TBA

Retail Max (Shares)

₹ 9,48,800

Pre Issue Promoters Holding

₹ 85,51,377

Exchange

NSE

Issue size

₹ 49.72 Cr

IPO Open Date

Aug 4, 2025

Close Date

Aug 6, 2025

Lot Size

1600

Min Investment

₹ 2,56,000

Issue Type

Book Building - SME

Listing Date

Aug 11, 2025

Parth Electricals & Engineering Ltd IPO Dates

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Aug 4, 2025
Opening date
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Aug 6, 2025
Closing date
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Aug 7, 2025
Basis of Allotment
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Aug 7, 2025
Initiation of Refunds
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Aug 8, 2025
Credit of Shares
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Aug 11, 2025
Listing date

Details

SectorType
SectorElectric Equipment
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Parth Electricals & Engineering Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations15.347.713.47
EBITDA17.129.264.18
PAT10.124.612.45
Total Assets75.0346.0540.17
Share Capital10.021.250.95
Total Borrowings40.8918.8810.81
Operating Activities (Net Cash)11.906.163.16
Investing Activities (Net Cash)-5.240.800.54
Financing Activities (Net Cash)40.8918.8810.81
Net Cashflow27.377.781.95

About Parth Electricals & Engineering Ltd

Parth Electricals & Engineering Limited (the Company or the Issuer) was incorporated on May 4, 2007 as a private limited company under the name and style of `Parth Electricals & Engineering Private Limited', under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 4, 2007 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Our Company was converted into a public limited company pursuant to a resolution passed by our Board of Directors in its meeting held on September 24, 2024, and by the Shareholders in an extraordinary general meeting held on September 28, 2024 and consequently the name of our Company was changed to `Parth Electricals & Engineering Limited' and a fresh certificate of incorporation dated November 14, 2024 was issued by the Registrar of Companies, Central Processing Centre.

Global GDP is estimated to grow 3.0% in 2023 and 2024 amid concerns over the Russia-Ukraine conflict, elevated inflation and stress in the US financial sector. As per the International Monetary Fund's (IMF) July 2023 update, global gross domestic product (GDP) growth is expected to moderate from 3.5% in 2022 to 3.0% in 2023 and 2024. India is expected to grow faster than China in 2023 and 2024 and its GDP is expected to grow 6.1% in 2023 and 6.3% in 2024 as per the IMF forecast. The global power transmission and distribution market size is calculated at USD 344.32 billion in 2024 and is predicted to reach around USD 505.28 billion by 2034, expanding at a CAGR of 3.91% from 2024 to 2034. India's power sector is undergoing a swift transformation, spurred by factors such as population growth, escalating energy demands, and the burgeoning industrial sector. Over the past decade, there has been a notable shift in India's electricity generation mixes towards natural gas and renewable energy sources.

Mr. Jigneshkumar Gordhanbhai Patel started his business as proprietorship firm in 2005, which was converted into a private limited company i.e. Parth Electricals & Engineering Private Limited (the Company) in 2007, with a vision to be the preferred, well known, reliable, and quality supplier & service provider to our customers. The Company has a dedicated team of engineers who are engaged in designing and developing advanced designs which enable our Company to manufacture Electrical Panels, RMUs & CSS for power distribution ranging from 415 V to 33KV & Protection Relay Control Panels ranging from 33KV to 132KV.

Peer Comparison:

  • Supreme Power Equipment Ltd
  • Shivalic Power Control Ltd
  • RMC Switchgears Ltd

Parth Electricals & Engineering Ltd Key Points

Strengths

Ensuring Excellence Through Rigorous Quality Control Processes.

Strategic Tie Ups for Direct Billing.

Marketing network.

One of the few organized players in electrical power distribution segment with: Approvals from utilities across India. End to end solutions (supply as well as O&M services).

Focus on provided timely specialized trainings such as: Training for MV, HV & EHV Cable accessories in Pfisterer Training Center in Altdort, Switzerland in 2019. Training for handling HV GIS for Installation, Testing and Commissioning in China in 2016.

Risk

Its commercial success is largely dependent upon the company ability to develop and design innovative products suitable for the requirements of the company customers. Its inability to effectively utilize and manage our ability to develop and design innovative products would impact the company business, revenue and profitability.

The Company is reliant on the demand from the electrical industry for a significant portion of its revenue. Any downturn in the power generation and distribution industry or an inability to increase or effectively manage the company sales or increasing competition could have an adverse impact on the Company's business and results of operations.

The commercial success of its products depends to a large extent on the success of the expansion and consumption of electricity in the territories that the company operates in.

Strategy

Capital investment for setting up additional new manufacturing facilities in Vadodara, Gujarat and Odisha with a Skill Development and Training Center in the existing manufacturing facility at Manjusar, Vadodara, Gujarat.

Focus on Exports.

Introduce Value added Products.

Contribution through Services to be increased through concerted action.

Sustainability through Refurbishment.

How To Apply for Parth Electricals & Engineering Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Parth Electricals & Engineering Ltd IPO?

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Parth Electricals & Engineering Ltd's IPO offers shares for up to 49.72 It begins on Aug 4, 2025 and ends on Aug 6, 2025.

What is the price of the Parth Electricals & Engineering Ltd IPO?

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The price of Parth Electricals & Engineering Ltd IPO ranges between ₹160 to ₹170 per share.

What are the open and close dates for the Parth Electricals & Engineering Ltd IPO?

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The Parth Electricals & Engineering Ltd IPO opens on Aug 4, 2025 and closes on Aug 6, 2025.

When will the Parth Electricals & Engineering Ltd IPO be allotted?

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The allotment for the Parth Electricals & Engineering Ltd IPO will be finalised on Aug 7, 2025. The shares will be listed on BSE and NSE on Aug 11, 2025.

What is the minimum lot size required for Parth Electricals & Engineering Ltd IPO?

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The minimum lot size for Parth Electricals & Engineering Ltd IPO is 1600 shares, priced between ₹160 to ₹170 per share.

What is the GMP of Parth Electricals & Engineering Ltd IPO?

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The GMP (Grey Market Premium) of Parth Electricals & Engineering Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Parth Electricals & Engineering Ltd IPO?

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To check the allotment status of Parth Electricals & Engineering Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Parth Electricals & Engineering Ltd IPO getting listed?

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The Parth Electricals & Engineering Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Aug 4, 2025, and closes on Aug 6, 2025. The allotment is finalised on Aug 7, 2025.

How do you apply for the Parth Electricals & Engineering Ltd IPO?

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To apply for the Parth Electricals & Engineering Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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