QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED

14 Feb 2025 - 18 Feb 2025 Individual Category Main Board BSE NSE

Min Investment

₹11050

Price Band

₹401-₹425

Issue Size

111.13 lakhs
Equity Shares

Lot Size

26

IPO Dates
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14 Feb 2025

Open Date

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18 Feb 2025

Close Date

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19 Feb 2025

Allotment Date

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24 Feb 2025

Listing Date

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 111.13 lakh Equity Shares. 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.

Know Before Investing

Strengths icon

  • Comprehensive power equipment portfolio with global market presence.
  • Strong customer base of 210 clients across sectors.
  • Strategic presence with facilities in India and Turkey.

Weaknesses icon

  • High dependence on contractual workers over permanent employees.
  • Limited manufacturing presence in only two Indian states.
  • Heavy reliance on renewable energy sector growth.

About Quality Power Electrical Equipments Limited

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.

Founded

2001

Managing Director

Thalavaidurai Pandyan

Parent Organization

-

IPO Objectives

The funds raised from the Quality Power Electrical Equipment IPO will be used for the 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.

Company Promoters

Thalavaidurai Pandyan

Chitra Pandyan

Bharanidharan Pandyan

Pandyan Family Trust

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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