Quality Power Electrical Equipments Limited IPO Details – Price, Date, GMP & Analysis
Quality Power Electrical Equipments Limited IPO Overview
Key IPO Details
Investment Summary
The Quality Power Electrical Equipments Limited IPO IPO is a mainboard offering scheduled to open on February 14. The issue is priced at ₹425 per share, with a minimum application of 26 shares.
Status: Listed and trading
How to Apply for Quality Power Electrical Equipments Limited IPO
To apply for the Quality Power Electrical Equipments Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Quality Power Electrical Equipments Limited IPO
- Enter bid quantity (minimum 26 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before February 18
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹11,050(approx. based on lower price band)
Company Overview
Quality Power Electrical Equipments Limited, established in 2001, specializes in energy transition equipment and power technologies. The company manufactures high-voltage electrical equipment for grid connectivity, focusing on renewable energy integration. With over 20 years of experience, it provides reactors, transformers, converters, and grid interconnection solutions globally. The company operates manufacturing facilities in Sangli, Maharashtra, and Aluva, Kerala, and has a customer base of 210, including power utilities and renewable energy entities.
Grey Market Premium (GMP)
IPO Timeline
Open Date
Fri, Feb 14, 2025
CompletedClose Date
Tue, Feb 18, 2025
CompletedAllotment
Wed, Feb 19, 2025
CompletedRefund Process
Thu, Feb 20, 2025
CompletedCredit to Demat
Thu, Feb 20, 2025
CompletedListing Date
Mon, Feb 24, 2025
CompletedSubscription Status
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 1.03x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 1.45x | Oversubscribed |
| RII (Retail Individual Investors) | 1.82x | Oversubscribed |
| Total Subscription | 1.29x | Oversubscribed |
Last updated: Invalid Date
IPO Details
Quality Power IPO Details
| IPO Date | February 14, 2025 to February 18, 2025 |
| Listing Date | February 24, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹425 per share |
| Lot Size | 26 Shares |
| Total Issue Size | 2,02,04,618 shares (aggregating up to ₹858.70 Cr) |
| Fresh Issue | 52,94,118 shares (aggregating up to ₹225.00 Cr) |
| Offer for Sale | 1,49,10,500 shares of ₹10 (aggregating up to ₹633.70 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 7,21,50,000 shares |
| Share Holding Post Issue | 7,74,44,118 shares |
Quality Power IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 90,92,070 (45%) | NA |
| QIB Shares Offered | 60,61,380 (30%) | NA |
| bNII > ₹10L | 20,20,460 (10%) | 4,090 |
| sNII < ₹10L | 10,10,230 (5%) | 2,045 |
| Retail Shares Offered | 20,20,460 (10%) | 77,710 |
Quality Power IPO Timeline (Tentative Schedule)
| IPO Open Date | Fri, Feb 14, 2025 |
| IPO Close Date | Tue, Feb 18, 2025 |
| Tentative Allotment | Wed, Feb 19, 2025 |
| Initiation of Refunds | Thu, Feb 20, 2025 |
| Credit of Shares to Demat | Thu, Feb 20, 2025 |
| Tentative Listing Date | Mon, Feb 24, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 18, 2025 |
Quality Power IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 26 | ₹11,050 |
| Retail (Max) | 18 | 468 | ₹1,98,900 |
| S-HNI (Min) | 19 | 494 | ₹2,09,950 |
| S-HNI (Max) | 90 | 2,340 | ₹9,94,500 |
| B-HNI (Min) | 91 | 2,366 | ₹10,05,550 |
Quality Power IPO Promoter Holding
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 73.91% |
Quality Power IPO Listing Details
| February 24, 2025 |
| 544367 |
| QPOWER |
| INE0SII01026 |
| ₹425 per share |
Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹425.00 | ₹425.00 |
| Open | ₹432.05 | ₹430.00 |
| Low | ₹382.05 | ₹382.50 |
| High | ₹432.05 | ₹430.75 |
| Last Trade | ₹387.05 | ₹387.90 |
Financial Information
Company FinancialsQuality Power Electrical Equipments Limited Financial Information (Restated Consolidated)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 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 |
| Net Worth | 238.63 | 190.33 | 175.66 | 160.29 |
| Reserves and Surplus | 150.43 | 162.56 | 153.86 | 149.76 |
| Total Borrowing | 25.55 | 38.28 | 10.61 | 11.52 |
Key Dates
Quality Power Electrical Equipments Limited IPO IPO Review & Analysis
Should I Apply for Quality Power Electrical Equipments Limited IPO?
The Quality Power Electrical Equipments Limited IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • Mainboard listing provides credibility
- • Issue size of ₹858.70 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
Quality Power Electrical Equipments Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Quality Power Electrical Equipments Limited IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.