Quality Power Electrical Equipment IPO Subscription Status
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 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.
What is an IPO Subscription?
The IPO subscription is a process by which investors bid for shares of the company during its first public offer. Investors from the different categories like retail, institutional and non-institutional apply for shares within the IPO price-band. The level of subscription is measured in terms of how many times shares offered are applied.
A higher subscription time in a specific category reflects strong investors' interest and high demand. Whereas, low subscription reflects lack of demand and under subscription. The subscription data is updated daily which drives the investors sentiment while applying for any IPO.