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Quality Power Electrical Equipments Limited IPO
IPO Details Status: Closed
Docs DRHP View Subscription :_______
Bidding Dates 14 Feb '25 - 18 Feb '25 | Minimum Investment ₹11,050 / 1 Lot (26 Shares) | Price Range ₹401- ₹425 |
Listing Gain ₹_____ | Fresh Issue Offer for Sale 225.00 Cr 633.70 Cr | Issue Size ₹858.70 Cr |
Face Value ₹ 10 | GMP 35 _8.4% | Listing AT NSE,BSE |
Quality Power Electrical Equipments Limited IPO Timeline
IPO Opening Date Feb 14, 2025 | IPO Closing Date Feb 18, 2025 | Basis of Allotment Feb 19, 2025 | Initiation of Refunds Feb 20, 2025 | IPO Listing Date Feb 21, 2025 |
Quality Power Electrical Equipments Limited Subscription Details
Date | QIB | NII | Retail | Total |
14-02-2025 | 0 | 0.26 | 0.23 | 0.11 |
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Quality Power Electrical Equipments Limited IPO Reservation
Investor Category | Shares Offered |
QIB Shares | 75% |
Retail Shares | 10% |
NII (HNI) Shares | 15% |
Quality Power Electrical Equipments Limited Financial Information
Period Ended | 30-09-2024 | 31-03-2023 | 30-03-2023 | 31-12-2022 |
Assets | 399.64 | 358.88 | 312.24 | 252.86 |
Revenue | 182.72 | 331.4 | 273.55 | 211.73 |
Profit After Tax | 50.08 | 55.47 | 39.89 | 42.23 |
About Quality Power Electrical Equipments Limited
High-voltage electrical equipment for energy transition and electrical grid connectivity is offered by Quality Power. It specializes in offering power equipment and solutions for industries like automation, transmission, distribution, and power production.
It is one of the top producers of high-voltage direct current and essential high-voltage equipment for flexible AC transmission lines, both of which are essential for transferring energy from renewable sources to conventional power grids.
Quality Power provides tools and solutions for cutting-edge uses such as massive renewable energy.
The company generated ₹300 crore in operating revenue and ₹55.5 crore in profit after tax (PAT) for the fiscal year that concluded in March 2024.
Quality Power Electrical Equipments Limited IPO Objectives
To improve commercial capacities, some of the money will be utilized to finish the acquisition of Mehru Electrical and Mechanical Engineers Private Limited.
The acquisition of cutting-edge machinery will be financed to increase production capacity and manufacturing efficiency.
Long-term expansion ambitions will be supported by the allocation of funds for upcoming acquisitions and corporate growth activities.
The money left over will be applied to basic business needs.
Quality Power Electrical Equipments Limited IPO: Strengths
The company will profit from the global trend toward the use of renewable energy sources and serve a variety of industry segments.
Its clientele is diverse and includes companies in the steel and metal, cement, oil and gas, chemical, renewable energy, traction and locomotives, and power utility sectors.
In terms of power technology and energy transition equipment, the company offers a wide range of products. For the last three fiscal years and for 6M FY25, its financial performance has been steady.
74% of Quality Power's total sales over the last three fiscal years came from international markets, which account for the majority of the company's revenue.
Quality Power Electrical Equipments Limited IPO: Risks
Any malfunction or closure of its operational facilities may have an impact on cash flow, business, and financial health.
The company deals in foreign currencies on a regular basis. Customers' sales may suffer if it is unable to manage the risks associated with foreign exchange fluctuations.
In each of the last three fiscal years, 52.66% of total income has come from the top 10 customers.
How To Apply for Quality Power Electrical Equipments Limited IPO Online?
Click and Login to Your Angel One Account : Open the Angel One app or website and log in with your credentials.
Locate the IPO Section: Navigate to the 'IPO' section on the platform.
Select IPO: Find and select the Laxmi Dental IPO from the list of open IPOs.
Enter the Lot Size: Specify the number of lots you want to bid for.
Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Important Link
Quality Power Electrical Equipments Limited allotment link