Allotment

The Parth Electricals IPO is a book-built issue aggregating to ₹49.67 crore, comprising entirely a fresh issue of 0.29 crore shares.
The IPO was open for subscription from August 4, 2025, to August 6, 2025. The basis of allotment was finalized on August 7, 2025, and the shares were listed on NSE SME on August 11, 2025.
The price band for the IPO was fixed at ₹170 per share, with a lot size of 800 shares. The minimum investment required for retail investors was ₹2,72,000 (1,600 shares). For high net-worth individuals (HNI), the minimum application size was 3 lots (2,400 shares), amounting to ₹4,08,000.
The issue includes a reservation of up to 68,800 shares for employees, offered at a discount of ₹8 per share to the issue price.
Horizon Management Pvt. Ltd. acted as the book-running lead manager, Kfin Technologies Ltd. served as the registrar, and Shreni Shares Ltd. was appointed as the market maker.
Refer to the Parth Electricals IPO RHP for detailed information.
₹1700%
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Updates On
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IPO Market price
| IPO Date | 11 Aug |
| IPO Listing Date | 11 Aug |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹170.00 |
| IPO Issue Size | 29,24,800 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| hare Holding Pre Issue | 1,07,43,155 |
| IPO Open Date | 4 Aug |
| IPO Close Date | 6 Aug |
| IPO Allotment (Tentative) | 7 Aug |
| Refunds | 8 Aug |
| Credit to Demat Account | 8 Aug |
| IPO Listing Date | 11 Aug |
| Category | Offer |
|---|---|
| QIB Shares Offered | 13,53,600 Shares |
| NII (HNI) Shares Offered | 4,07,200 Shares |
| Retail Shares Offered | 9,48,800 Shares |
Investors may bid for a minimum of 1,600 shares, and thereafter in multiples of 800 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | ₹2,72,000 |
| Retail (Max) | 2 | 1,600 | ₹2,72,000 |
| S-HNI (Min) | 3 | 2,400 | ₹4,08,000 |
| S-HNI (Max) | 7 | 5,600 | ₹9,52,000 |
| B-HNI (Min) | 8 | 6,400 | ₹10,88,000 |
Parth Electricals and Engineering Limited, established in May 2007, is a service-oriented firm that has evolved into a manufacturing company specializing in electrical equipment.
Product & Services Portfolio
The company manufactures and supplies:
Medium Voltage (MV) Switchgear Panels
Vacuum Circuit Breaker (VCB) Panels
Earth Link Boxes
Control and Relay Panels (CRP)
Compact Substations (CSS)
In addition, it provides installation, testing, commissioning, and turnkey execution for:
Air Insulated Substations (AIS) and Gas Insulated Substations (GIS) up to 220kV
High Voltage (HV) and Extra High Voltage (EHV) cable laying projects
Manufacturing & Certification
The company’s manufacturing facility is located in Manjusar, Vadodara.
It is certified in:
ISO 9001:2015 (Quality Management)
ISO 14001 (Environmental Management)
ISO 45001 (Occupational Health & Safety)
Clientele & Markets
Parth Electricals serves clients across power distribution, infrastructure, and industrial manufacturing sectors, including leading companies such as:
Aditya Birla, Ultratech Cement, L&T, RIL, Adani, Tata Power, Schneider Electric, BHEL, Tata Steel, Siemens, GFL, Jindal Steel & Power, ABB, and many more.
The company also exports products and services to international markets, expanding its global footprint.
Competitive Strengths
Rigorous quality control processes ensuring excellence in products and services
Strategic tie-ups for direct billing and efficient operations
Focus on expanding customer base through marketing and enhanced operations
| Assets | 106.76 | 66.53 | 50.7 |
| Total Income | 176.2 | 87.17 | 65.7 |
| Profit After Tax | 10.12 | 4.61 | 2.45 |
| EBITDA | 17.53 | 9.05 | 4.31 |
| NET Worth | 40.59 | 14.5 | 9.58 |
| Reserves and Surplus | 30.57 | 13.25 | 8.64 |
| Total Borrowing | 33.33 | 15.84 | 8.43 |
| ROE | 24.92% |
| ROCE | 23.38% |
| Debt/Equity | 0.82 |
| RoNW | 24.92% |
| PAT Margin | 5.79% |
| EBITDA Margin | 10.04% |
| Price to Book Value | 4.13 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | 1.79 |
| 4 | Offer for Sale (OFS) | - |
Parth Electricals & Engineering Ltd. Address
301, Riddhi-Siddhi Elanza,
Near Dominos,
Subhanpura
Vadodara, Gujarat, 390023
0265 2291922
cs@parthelectricals.in
https://parthelectricals.in/
IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
peel.ipo@kfintech.com
https://ipostatus.kfintech.com/