Quality Power Electrical Equipments Limited Link 
Allotment
Quality Power Electrical IPO is a book-built issue aggregating ₹858.70 crore, comprising a fresh issue of 0.53 crore equity shares worth ₹225.00 crore and an offer for sale of 1.49 crore shares totaling ₹633.70 crore.
The IPO opened for subscription on February 14, 2025, and closed on February 18, 2025. The basis of allotment was finalized on February 19, 2025, and the shares were listed on the BSE and NSE on February 24, 2025.
The price band was set at ₹425 per share. The lot size for application was 26 shares, requiring a minimum investment of ₹11,050 for retail investors at the upper price. For sNII investors, the minimum application size was 19 lots (494 shares), amounting to ₹2,09,950, while for bNII investors, it was 91 lots (2,366 shares), amounting to ₹10,05,550.
Pantomath Capital Advisors Pvt. Ltd. acted as the Book Running Lead Manager, and MUFG Intime India Pvt. Ltd. served as the Registrar to the Issue.
₹425
0%
Open
₹425
HIgh - Low
₹425
Previous Close
₹425
Total Traded Value
0
52 Weeks High
₹425
52 Weeks Low
₹425
Updates On
Feb 10, 2025
IPO. Open
Feb 14, 2026
IPO. Close
Feb 18, 2026
IPO. Price
₹425.00
IPO Market price
₹3,291.38 Cr
IPO Details
| IPO Date | 24 Feb |
| IPO Listing Date | 24 Feb |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹425.00 |
| IPO Issue Size | 2,02,04,600 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE Platform |
| Share Holding Pre Issue | 7,21,50,000 shares |
IPO Timeline
| IPO Open Date | 14 Feb |
| IPO Close Date | 18 Feb |
| IPO Allotment (Tentative) | 19 Feb |
| Refunds | 20 Feb |
| Credit to Demat Account | 20 Feb |
| IPO Listing Date | 24 Feb |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 1,51,53,450 Shares |
| NII (HNI) Shares Offered | 30,30,690 Shares |
| Retail Shares Offered | 20,20,460 Shares |
IPO Lot Size
Investors are required to bid for a minimum of 26 shares, with applications accepted only in multiples thereof.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 26 | ₹11,050 |
| Retail (Max) | 18 | 468 | ₹1,98,900 |
| S-HNI (Min) | 19 | 494 | ₹2,09,950 |
| S-HNI (Max) | 90 | 2,340 | ₹9,94,500 |
| B-HNI (Min) | 91 | 2,366 | ₹10,05,550 |
Incorporated in 2001, Quality Power Electrical Equipments Limited is a leading player in energy transition equipment and power technologies. The company provides high-voltage electrical equipment and solutions for grid connectivity and renewable energy integration, specializing in products across generation, transmission, distribution, and automation sectors.
The company manufactures critical high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks, enabling the efficient transfer of renewable energy to power grids. With over 20 years of experience, Quality Power Electrical offers a comprehensive portfolio including reactors, transformers, converters, and grid interconnection solutions for global clients.
Manufacturing & Operations
Operates manufacturing facilities in Sangli, Maharashtra, and Aluva, Kerala
In 2011, acquired a 51% stake in Endoks, a Turkey-based subsidiary with design, assembly, and project management capabilities
As of March 31, 2024, the company served 210 customers, including power utilities, power industries, and renewable energy entities
Workforce: 163 full-time employees and 372 contractual workers
Product Portfolio
Power Products: Reactors, Line Traps, Transformers, Instrument Transformers, Line Tuners, Metal Enclosed Capacitor Banks, Composites
Power Quality Systems: Static VAR Compensators, STATCOMs, Harmonic Filters, Capacitor Banks, Shunt Reactors
Competitive Strengths
Global energy transition and power technology player, poised to benefit from the shift toward decarbonization and renewable energy adoption
Proven track record of growth and strong financial performance
Diversified customer base with long-standing global relationships
Comprehensive product portfolio in India and abroad, supported by high trade barriers
Strategic acquisitions enhancing order book and growth prospects
Strong R&D capabilities to deliver future-ready solutions
Experienced management team with domain expertise in power and energy technologies
Company Financials (Consolidated)
| Assets | 399.64 | 358.88 | 312.24 |
| Total Income | 182.72 | 331.4 | 273.55 |
| Profit After Tax | 50.08 | 55.47 | 39.89 |
| EBITDA | - | - | - |
| NET Worth | 238.63 | 190.33 | 175.66 |
| Reserves and Surplus | 150.43 | 162.56 | 153.86 |
| Total Borrowing | 25.55 | 38.28 | 10.61 |
Key Performance Indicator (KPI)
| ROE | 29.15% |
| ROCE | 19.20% |
| Debt/Equity | 0.2 |
| RoNW | 29.15% |
| PAT Margin | 16.74% |
| EBITDA Margin | - |
| Price to Book Value | 16.11 |
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 | 27.22 |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | 61.18 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Quality Power Electrical Equipments Ltd. Address
Plot No. L-61,
M.I.D.C, Kupwad Block,
Sangli – 416 436
Sangli, Maharashtra
+ 91 233 264 543
investorgrievance@qualitypower.co.in
Detail Registrar
IPO Registrar
MUFG Intime India Pvt.Ltd.
+91-22-4918 6270
qualitypower.ipo@linkintime.co.in
https://in.mpms.mufg.com/Initial_Offer/public-issues.html
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