Quality Power Electrical Equipments Ltd IPO
Open Demat Account
Quality Power Electrical Equipments Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 202.05 L | ₹ 149.11 L | ₹ 20.2 L | ₹ 721.5 L | BSE | ₹ 858.7 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 14 Feb, 25 | 18 Feb, 25 | 26 | ₹ 10,426 | Book Building | 24 Feb, 25 |
Quality Power Electrical Equipments Ltd IPO Dates
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 | 20204618 | 14331330 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Quality Power Electrical Equipments Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 300.60 | 253.25 | 182.64 |
| EBITDA | 27.53 | 21.28 | 14.19 |
| PAT | 17.54 | 13.46 | 8.07 |
| Total Assets | 61.73 | 40.15 | 36.55 |
| Share Capital | 72.15 | 0.15 | 0.15 |
| Total Borrowings | 49.11 | 15.26 | 16.15 |
| Operating Activities (Net Cash) | 19.45 | 15.11 | 9.74 |
| Investing Activities (Net Cash) | 5.36 | 1.49 | 1.99 |
| Financing Activities (Net Cash) | 49.11 | 15.26 | 16.15 |
| Net Cashflow | 10.86 | 2.78 | 1.27 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
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.
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.
Peer Comparison:
- Transformers & Rectifiers India Ltd
- Hitachi Energy India Ltd
- GE Vernova T&D India Ltd
Quality Power Electrical Equipments Ltd IPO 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.
- 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.
How To Apply for Quality Power Electrical Equipments 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.
