Quality Power Electrical Equipment IPO GMP, Open Date, Allotment Status

Quality Power Electrical Equipment IPO open date is 14 February 2025, and the closing date is 18 February 2025. This new IPO is a book-built issue of Rs 858.70 crore. This upcoming IPO is a combination of fresh issue and offer-for-sale. This IPO consists of a fresh issue of up to 0.53 crore equity shares worth up to Rs 225 crore and offer-for-sale is of up to 1.49 crore equity shares worth up to Rs 633.70 crore.

Quality Power IPO price band is Rs 401 – Rs 425 per share. As of now, Quality Power Electrical Equipment IPO GMP Live quotation is Rs -70 indicates negative sentiments among investors.  Live IPO Grey Market Premium details will be visible online. Quality Power Electrical Equipment IPO DRHP is filed on 16 September 2024 and approved by SEBI in December 2024.

Quality Power IPO allotment status is available on 19 February 2025. Quality Power IPO lot size is 26 shares. The minimum investment for the retail investors for 1 lot is Rs 11,050.

The registrar for Quality Power Electrical Equipment IPO is Link Intime India Limited. Quality Power IPO listing date is 21 February 2025.

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Checkout the Video to Know the Interesting Facts of Quality Power IPO

Quality Power Electrical Equipment IPO GMP

Quality Power IPO GMP is Rs -70. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online. As of now it is expected that the listing price will be below the allotment price of the IPO.  If the subscription got oversubscribed then Quality Power Electrical Equipment IPO GMP might rise in the coming days.

Quality Power Electrical Equipment IPO Price Band

Quality Power Electrical Equipment IPO price band is Rs 401 – Rs 425 per share. The minimum amount of investment for the retail category is Rs 11,050 and for small NII minimum investment is Rs 2,09,950. The minimum investment for the Big NII is to be around Rs 10,05,550.

Quality Power Electrical Equipment IPO Open Date, Close Date

Quality Power Electrical Equipment IPO's opening date is 14 February 2025, and the closing date is 18 February 2025. The initiation of refund date is 20 February 2025, and the credit of shares will be on 20 February 2025.

Quality Power Electrical Equipment IPO Allotment Status

Quality Power Electrical Equipment IPO allotment status is available on 19 February 2025. The Listing will be on the BSE and NSE platforms on 21 February 2025. The registrar of this IPO is Link Intime India Limited. Investors can check their allotment status after the subscription of the IPO ends.

Quality Power Electrical Equipment IPO Listing Date

Quality Power Electrical Equipment IPO's listing date is 21 February 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Quality Power Electrical Equipment IPO: Listing Date, Lot Size, Price Band

Quality Power Electrical Equipment Limited: About the Company

Quality Power Electrical Equipment Limited was incorporated in 2001, is a leading manufacturer and supplier of high-performance electrical equipment.

The company specializes in transformers, switchgears and power distribution solutions designed to meet diverse industrial and commercial needs.

The company is committed to innovation and quality, they utilize advanced technology and testing to ensure reliability and efficiency. The company is established with a customer centric approach, they deliver tailored solutions adhering to international standards.

Quality Power Electrical Equipment products cater to industries like energy, manufacturing and infrastructure development. By focusing on sustainability and excellence, the company focuses on building a strong reputation in the global power equipment market.

Quality Power Electrical Equipment IPO Objectives

The funds raised from the Quality Power Electrical Equipment IPO will be used for acquisition of the Mehru Electrical and Mechanical Engineers. Also, the funds will be used for funding the capital expenditure needs. Other than this, the money will be used for fulfilling general corporate purposes and meeting offer related expenses.

Quality Power Electrical Equipment IPO: Key Dates, Allotment, Listing Date

Quality Power Electrical Equipment IPO Subscription Status, IPO Reservation

Quality Power Electrical Equipment IPO subscription status will be available after the IPO opens in the first week of February 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors.

Quality Power Electrical Equipment IPO Lot Size Details

Quality Power Electrical Equipment IPO lot size 26 equity shares. For retail, the minimum lot size is 1 lot, amounting to around Rs 11,050, and the maximum is 18 lots, amounting to around Rs 1,98,900. For small HNI, the minimum lot size is 19, amounting to around Rs 2,09,950.

Quality Power Electrical Equipment IPO Promoter Holdings

Quality Power Electrical Equipment Limited promoters are Thalavaidurai Pandyan, Chitra Pandyan, Bharanidharan Pandyan, and Pandyan Family Trust. The promoters' shareholdings before the IPO were 99.99%; however, after the IPO, shareholdings will decline.

Quality Power Electrical Equipment Limited Financials (Amt in Cr)

Quality Power Electrical Equipment IPO Registrar

Quality Power Electrical Equipment IPO registrar is expected to be Link Intime India Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Quality Power Electrical Equipment IPO Lead Managers

Quality Power Electrical Equipment IPO lead managers is Pantomath Capital Advisors Private Limited.

How to apply to Quality Power Electrical Equipment IPO

Interested investors can apply to the Quality Power Electrical Equipment IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Quality Power Electrical Equipment IPO Review

Quality Power Electrical Equipment IPO may get a positive response from the general public. The company is involved in transformers, switchgear, and power distribution solutions. So, investors interested in the power sector can apply to this IPO.

This upcoming IPO is expected to witness an oversubscription on the last bidding date. Moreover, if the IPO gets a positive response, then Quality Power Electrical Equipment's IPO GMP will also rise.

Quality Power Electrical Equipment IPO FAQ

1. What are the details of the Quality Power Electrical Equipment IPO?

Quality Power Electrical Equipment IPO is a book-built issue of Rs 858.70 crore. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 225 crore and offer-for-sale is of 633.70 crore. 

2. When will the Quality Power Electrical Equipment IPO open and close?

Quality Power Electrical Equipment IPO's opening date is 14 February 2025, and the closing date is 18 February 2025. Quality Power IPO listing date is 21 February 2025, and allotment status will be available on 19 February 2025

3. What is Quality Power Electrical Equipment IPO GMP Live?

Quality Power IPO GMP is -70. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Quality Power IPO GMP might rise in the coming days.

4. Write the details of the IPO Allotment Status.

Quality Power Electrical Equipment IPO allotment status is finalised on 19 February 2025. The Listing will be on the BSE and NSE platforms on 21 February 2025. The registrar of this IPO is Link Intime India Limited. Investors can check their allotment status after the subscription of the IPO ends.

5. Who are the registrar and lead managers for Quality Power Electrical Equipment IPO?

Quality Power Electrical Equipment IPO registrar Link Intime India Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers is Pantomath Capital Advisors Private Limited.

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• What is IPO GMP?
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