IPO - Check IPO Date, Price, Lot Size

Quality Power Electrical Equipments Ltd IPO

We are an Indian player serving global clients in critical energy transition equipment and power technologies. We provide high voltage electrical equipment and solutions for electrical grid connectivity and energy transition. We are a technology-driven company specializing in the provision of power products and solutions across power generation, transmission, distribution, and automation sectors. Additionally, we offer equipment and solutions tailored for emerging applications such as large-scale renewables.

Quality Power Electrical Equipments Ltd IPO Details

Total Shares Offered

₹ 2,02,04,600

Offer to Public

1,49,10,500

Retail Max (Shares)

₹ 20,20,462

Pre Issue Promoters Holding

₹ 7,21,49,960

Exchange

BSE

Issue size

₹ 858.7 Cr

IPO Open Date

Feb 14, 2025

Close Date

Feb 18, 2025

Lot Size

Min Investment

₹ 10,426

Issue Type

Book Building

Listing Date

Feb 24, 2025

Quality Power Electrical Equipments Ltd IPO Dates

Feb 14, 2025

Opening date

Feb 18, 2025

Closing date

Feb 20, 2025

Basis of Allotment

Feb 21, 2025

Initiation of Refunds

Feb 21, 2025

Credit of Shares

Feb 24, 2025

Listing date

Details

Sector	Type
Sector	Electric Equipment
Sub Sector	NA
Issue Type	Book Building

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	0.41x	15153463	6234956
NII	1.45x	3030693	4395768
Retail	1.83x	2020462	3700606
Employee	0x	0	0
Total	0.71x	20204600	14331330

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

0.41x

1.45x

1.83x

0.71x

15153463

3030693

2020462

20204600

6234956

4395768

3700606

14331330

Quality Power Electrical Equipments Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	338.27	301.82	253.25
EBITDA	43.54	27.53	21.28
PAT	30.31	17.54	13.46
Total Assets	185.44	61.77	40.15
Share Capital	77.44	72.15	0.15
Total Borrowings	24.89	49.14	15.26
Operating Activities (Net Cash)	32.36	19.45	15.11
Investing Activities (Net Cash)	127.00	5.36	1.49
Financing Activities (Net Cash)	24.89	49.14	15.26
Net Cashflow	118.55	10.86	2.78

About Quality Power Electrical Equipments Ltd

Quality Power Electrical Equipments Limited was originally incorporated as Quality Power Electrical Equipments Private Limited, a private limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated September 20, 2001, issued by the Registrar of Companies, Maharashtra at Pune (RoC). The name of the Company was subsequently changed to Quality Power Electrical Equipments Limited upon the conversion of the Company from a private to a public limited company, pursuant to a board resolution dated February 15, 2024, and its shareholders' resolution dated March 23, 2024, and a fresh certificate of incorporation was issued on June 14, 2024, by the RoC.

The energy transition equipment and power technologies market is poised for significant growth in the coming decades. As governments and businesses around the world intensify their efforts to decarbonize the energy sector, the market for energy transition equipment will continue to expand, driven by technological advancements, supportive policies, and increasing public awareness of the need for climate action.

Peer Comparison:

Transformers & Rectifiers India Ltd
Hitachi Energy India Ltd
GE Vernova T&D India Ltd

Quality Power Electrical Equipments Ltd Key Points

Strengths

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.

Risk

The company derives majority of its revenue from international markets, which contributed to more than 74.00% of its total revenue during the six-month period ended September 30, 2024 and in each of the last three Fiscals. The company plan to further expand into new geographical regions and may be exposed to significant liability and could lose some or all of its investment in such regions, as a result of which the company business, financial condition and results of operations could be adversely affected.

The company is dependent on the performance of the market for High-Voltage Direct Current (HVDC) and Flexible Alternating Current Transmission Systems (FACTS), which in turn is dependent on a range of social, economic and regulatory factors beyond its control. Any adverse trend in such markets could have a material adverse effect on its business, financial condition, results of operations and cash flows.

Any disruption, breakdown or shutdown of its operating facilities may have a material adverse effect on the company business, financial condition, results of operations and cash flows.

Strategy

Focus on growth through organic and inorganic acquisitions.

Continue to focus on our research and development and engineering capabilities to develop innovative systems and solutions, as well as improve our manufacturing efficiencies.

Expand our operating facilities and increase our operating capacity.

Harness industry growth in the energy transition sector and grow our operations.

How To Apply for Quality Power Electrical Equipments Ltd IPO Online?

Step 1:

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 Quality Power Electrical Equipments Ltd IPO?

Quality Power Electrical Equipments Ltd's IPO offers shares for up to 225 It begins on Feb 14, 2025 and ends on Feb 18, 2025.

What is the price of the Quality Power Electrical Equipments Ltd IPO?

The price of Quality Power Electrical Equipments Ltd IPO ranges between ₹401 to ₹425 per share.

What are the open and close dates for the Quality Power Electrical Equipments Ltd IPO?

The Quality Power Electrical Equipments Ltd IPO opens on Feb 14, 2025 and closes on Feb 18, 2025.

When will the Quality Power Electrical Equipments Ltd IPO be allotted?

The allotment for the Quality Power Electrical Equipments Ltd IPO will be finalised on Feb 20, 2025. The shares will be listed on BSE and NSE on Feb 24, 2025.

What is the minimum lot size required for Quality Power Electrical Equipments Ltd IPO?

The minimum lot size for Quality Power Electrical Equipments Ltd IPO is 26 shares, priced between ₹401 to ₹425 per share.

What is the GMP of Quality Power Electrical Equipments Ltd IPO?

The GMP (Grey Market Premium) of Quality Power Electrical Equipments Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Quality Power Electrical Equipments Ltd IPO?

To check the allotment status of Quality Power Electrical Equipments 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 Quality Power Electrical Equipments Ltd IPO getting listed?

The Quality Power Electrical Equipments Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Feb 14, 2025, and closes on Feb 18, 2025. The allotment is finalised on Feb 20, 2025.

How do you apply for the Quality Power Electrical Equipments Ltd IPO?

To apply for the Quality Power Electrical Equipments Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.