Quality Power Electrical Equipments IPO

Quality Power Electrical Equipments IPO is listed on BSE and NSE, priced at ₹401–₹425 per share. The stock debuted at ₹430, delivering a listing gain of 1.2%. The IPO had a lot size of ₹26 shares and a minimum investment of ₹11,050.

Quality Power Electrical Equipments Limited IPO

Mainboard Listed
₹11,050 (26 Shares)
Minimum Investment
Check Allotment
IPO Dates
Feb 14, 2025 – Feb 18, 2025
Price band
₹401-425 per equity share
Minimum Investment
₹11,050
Issue size
₹858.7 Cr
Lot size
26
Allotment Date
Feb 19, 2025
Listing
Feb 24, 2025
Listing At
BSE, NSE

IPO timeline

  1. Feb 14, 2025

    Open Date

    Completed

  2. Feb 18, 2025

    Close Date

    Completed

  3. Feb 19, 2025

    Allotment Date

    Completed

  4. Feb 24, 2025

    Listing Date

    Completed

Price Summary

Last closing
1,107.00 (160.47%)
52 week high
1,441.00
52 week low
358.15
Last update

Quality Power Electrical Equipments IPO Essentials

Quality Power Electrical Equipments IPO Details

Quality Power Electrical Equipments IPO is priced at ₹401-425 per share with a total issue size of 858.7 crore. The IPO has a lot size of 26 shares and is listed on BSE and NSE.

Issue price
₹401-425 per equity share
Lot size
26 shares
Face value
₹10 Per Equity Share
Issue size
Total ₹858.70 Cr :
#Fresh Issue : 52,94,118 shares(aggregating up to ₹225.00 Cr) +
#OFS : 1,49,10,500 shares of ₹10(aggregating up to ₹633.70 Cr)
Total issue size
2,02,04,618 shares
(aggregating up to ₹858.7 crore)
Fresh issue
52,94,118 shares
(aggregating up to ₹225 crore)
Offer for sale (OFS)
1,49,10,500 shares
(aggregating up to ₹633.7 crore)
Listing at
BSE, NSE
List price
430.0(NSE)
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Pantomath Capital Advisors Pvt Ltd

Market Lot Size

Investors can bid for a minimum of 26 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 26 ₹11,050
Retail(max) 18 468 ₹1,98,900
sHNI(min) 19 494 ₹2,09,950
sHNI(max) 90 2,340 ₹9,94,500
sHNI(min) 91 2,366 ₹10,05,550

Quality Power Electrical Equipments IPO Documents

Quality Power Electrical Equipments IPO Reservation

Quality Power Electrical Equipments IPO reservation details show category-wise allocation of shares. Out of the total 2,02,04,600 shares, approximately 30% are reserved for QIB, 15% for NII, 10% for retail investors, and 45% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 90,92,070 (45%)
QIB Shares Offered 60,61,380 (30%)
NII (HNI) Shares Offered 30,30,690 (15%)
bHNI > ₹10L 20,20,460 (10%) 4,090
sHNI < ₹10L 10,10,230 (5%) 2,045
Retail Shares Offered 20,20,460 (10%) 77,710
Total Shares Offered 2,02,04,600 (100%)

Quality Power Electrical Equipments IPO Analytics

Quality Power Electrical Equipments IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Quality Power Electrical Equipments IPO Subscription Status

Quality Power Electrical Equipments IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 60,61,380
30,30,690
20,20,460
10,10,230
20,20,460 1,11,12,530
Day 1 14-02-25 05:00 PM
0.54 x
0.82x
1.16x
0.15x
0.57 x 0.62 x
Day 2 17-02-25 05:00 PM
0.62 x
1.10x
1.48x
0.33x
1.07 x 0.83 x
Day 3 18-02-25 05:00 PM
1.03 x
1.45x
1.78x
0.79x
1.83 x 1.29 x
Total No. of Applications
bHNI sHNI Retail
1,20,178 (Approx) 0.22x 0.71x 1.29x

Quality Power Electrical Equipments Valuations

Earnings

EPS Pre IPO
₹7.69/-
EPS Post IPO
₹12.93/-
P/E Pre IPO
55.28
P/E Post IPO
32.86

Returns

ROE
29.15%
ROCE
19.20%
RoNW
29.15%
PAT Margin
16.74

Fundamentals

Debt / Equity
0.20
Price / Book
16.11

Data sourced from DRHP / RHP • For educational purposes only

Quality Power Electrical Equipments Financials( In Crs.)

31-Mar-24 31-Mar-23 31-Mar-22
Assets 358.88 312.24 252.86
Revenue 331.4 273.55 211.73
Profit After Tax 55.47 39.89 42.23
Net Worth 190.33 175.66 160.29
Total Borrowing 38.28 10.61 11.52

Quality Power Electrical Equipments Company & Offer Insights

About Quality Power Electrical Equipments

Incorporated in 2001, Quality Power Electrical Equipments Limited is into the business of energy transition equipment and power technologies.

The company is high-voltage electrical equipment and solutions for grid connectivity and energy transition. They specialize in the power products sectors in generation, transmission, distribution, and automation.

It makes critical high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks, which are used to transform energy from renewable sources into power grids.

With more than 20 years of experience, the company provides reactors, transformers, converters, and grid interconnection solutions worldwide.

The company has manufacturing facilities in Sangli, Maharashtra, and Aluva, Kerala. In 2011, it acquired 51% of Endoks, a Turkey-based subsidiary with design, assembly, and project management capabilities.

As of March 31,2024, the company has 210 customers, including power utilities, power industries, and renewable energy entities.

As of March 31,2024, the company has 163 full-time employees and 372 contractual workers.

Quality Power Electrical Equipments Promoter(s)

Thalavaidurai Pandyan, Chitra Pandyan, Bharanidharan Pandyan, Pandyan Family Trust are the company's promoters of Quality Power Electrical Equipments.

Quality Power Electrical Equipments IPO Issue Objectives

Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited
Funding capital expenditure requirements of the Company for purchase plant and machinery
Funding inorganic growth through unidentified acquisitions and other strategic initiatives
General Corporate Purposes.
The Company will not receive any proceeds from the Offer for Sale and the proceeds received from the Offer for Sale will not form part of the Net Proceeds.

Quality Power Electrical Equipments IPO - Anchor Investors

Quality Power IPO: Firm mobilises over Rs 386 crore via anchor book.

Marquee institutional investors including LIC Mutual Fund, Bank of India Mutual Fund, Maybank Securities, Ashish Kacholia-owned Bengal Finance & Investments, India Inflection Opportunity Fund, Kotak Iconic Fund, Mint Focussed Growth Fund, Bharat Value Fund, SBI General Insurance Company, Steptrade Revolution Fund, Benani Capital Scheme, Universal Sompo General Insurance Company, and IMAP India Capital Investment Trust invested in the company via anchor book.

Quality Power Electrical Equipments IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Quality Power Electrical Equipments Limited 5.19 5.19 26.38 N/A 29.15 N/A Consolidated
Transformers And Rectifiers (India) Ltd. 3.24 3.24 39.49 251.51 8.35 18.23 Consolidated
Hitachi Energy India Limited 38.64 38.64 320.86 308.63 12.04 36.32 Consolidated
GE T&D India Ltd 7.07 7.07 48.54 241.9 14.57 32.69 Consolidated

Notes:

  1. The financial information of the Company is based on the Restated Consolidated Financial Information for the year ended March 31, 2024.
  2. P/E Ratio for the peer group has been computed based on the closing market price of equity shares on March 28, 2024, divided by the Basic EPS.
  3. Return on Net Worth (RoNW) is computed as net profit after tax divided by closing net worth.
  4. NAV per share is computed as the closing net worth divided by the closing outstanding number of equity shares.

Contact Information

Contact Details

Quality Power Electrical Equipments

+ 91 233 264 543

investorgrievance@qualitypower.co.in

http://www.qualitypower.com/

Plot No. L-61,, M.I.D.C, Kupwad Block, Sangli – 416 436

Registrar Contact Details

Frequently Asked Questions

Click any question to reveal the answer

Quality Power Electrical Equipments IPO is a book-built IPO worth ₹858.7 crore. The price band is ₹401–₹425 per share. The IPO opens on Feb 14, 2025 and closes on Feb 18, 2025. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of Quality Power Electrical Equipments IPO is ₹401 to ₹425 per share.

The lot size of Quality Power Electrical Equipments IPO is 26 shares.

The minimum investment for Quality Power Electrical Equipments IPO is approximately ₹11,050 based on the upper price band .

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

The allotment date of Quality Power Electrical Equipments IPO is Feb 19, 2025.

Quality Power Electrical Equipments IPO is expected to be listed on Feb 24, 2025, on BSE and NSE .

Quality Power Electrical Equipments IPO listed on Feb 24, 2025. It was issued at ₹430.0(NSE) and is currently around ₹1107.00 as on 14-May-2026 3:30 PM, which is approximately 160.5% versus issue price. The 52-week high is ₹1,441.00.

Based on listing and post-listing performance, Quality Power Electrical Equipments IPO delivered around 160.5% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Quality Power Electrical Equipments IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Quality Power Electrical Equipments IPO valuation snapshot: P/E 32.86, EPS ₹12.93/-, P/B 16.11, RoNW 29.15%, and market cap N/A.

To apply for Quality Power Electrical Equipments IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Quality Power Electrical Equipments IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Quality Power Electrical Equipments IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Quality Power Electrical Equipments IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Quality Power Electrical Equipments IPO allotment status on IPO Ji for quick and easy access.