Quality Power Electrical Equipments
CLOSEDIPO Date: 14 Feb - 18 Feb 2025
Listing Date: 21 Feb 2025
Price Range
₹401 to ₹425
Issue Size
858.7 Cr
Min Investment
₹10,426
Lot Size
26 Shares
Schedule of Quality Power Electrical Equipments
Issue open date
14 Feb 2025
Issue close date
18 Feb 2025
UPI mandate deadline
18 Feb 2025 (5 PM)
Allotment finalization
19 Feb 2025
Share credit
20 Feb 2025
Listing date
21 Feb 2025
Mandate end date
5 Mar 2025
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 858.7 Cr |
| Fresh Issue | 225 Cr |
| Offer for Sale | 633.7 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 19 Feb 2025 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 13 Feb 2025 | ₹425 | ₹14 | ₹439 (3.29%) |
| 12 Feb 2025 | ₹425 | ₹35 | ₹460 (8.24%) |
| 11 Feb 2025 | ₹425 | ₹35 | ₹460 (8.24%) |
| 10 Feb 2025 | ₹425 | ₹27 | ₹452 (6.35%) |
Performance Quality Power Electrical Equipments
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹401 to ₹425 | .... | .... | .... |
About Quality Power Electrical Equipments
Incorporated in 2001, Quality Power Electrical Equipments Limited specializes in high-voltage electrical equipment and power technologies. The company manufactures energy transition equipment, including reactors, transformers, and converters for HVDC and FACTS networks. It serves power utilities and renewable energy sectors globally, operating facilities in Sangli, Maharashtra, and Aluva, Kerala. The company acquired a 51% stake in Turkey-based Endoks in 2011 to strengthen its design and project management capabilities. As of March 2024, it has 210 customers and employs 535 workers.
| Founded in | 2001 |
| Managing director | |
| Parent organization |
Financial Overview
Strengths
- Leading player in energy transition and power technologies with a diverse product portfolio.
- Strong global customer base with long-lasting relationships.
- Proven track record of growth and strategic acquisitions.
- In-house R&D capabilities for future-ready solutions.
Risks
- High dependence on global market demand for renewable energy and power infrastructure.
- Capital-intensive business with exposure to raw material price fluctuations.
- Competitive industry with evolving technological advancements.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |