Quality Power Electrical Equipments Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 14-02-2025 | 18-02-2025 | ₹10 per share | 0 | 26 Shares | BSE, NSE | 2,02,04,618 shares (aggregating up to ₹858.70 Cr) | 2025-02-19 00:00:00 | 2025-02-20 00:00:00 | 2025-02-20 00:00:00 | 21-02-2025 |
About The Company
Quality Power IPO is a book built issue of Rs 858.70 crores. The issue is a combination of fresh issue of 0.53 crore shares aggregating to Rs 225.00 crores and offer for sale of 1.49 crore shares aggregating to Rs 633.70 crores.
Quality Power IPO opens for subscription on February 14, 2025 and closes on February 18, 2025. The allotment for the Quality Power IPO is expected to be finalized on Wednesday, February 19, 2025. Quality Power IPO will be list on BSE, NSE with a tentative listing date fixed as Friday, February 21, 2025.
Quality Power IPO price band is set at ₹401 to ₹425 per share. The minimum lot size for an application is 26. The minimum amount of investment required by retail investors is ₹11,050. The minimum lot size investment for sNII is 19 lots (494 shares), amounting to ₹2,09,950, and for bNII, it is 91 lots (2,366 shares), amounting to ₹10,05,550.
Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Quality Power IPO, while Link Intime India Private Ltd is the registrar for the issue.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2022 | 253 | 212 | 42 | 160.29 | 149.76 | 11.52 |
| 31-03-2023 | 312 | 274 | 40 | 153.86 | 153.86 | 10.61 |
| 31-03-2024 | 359 | 331 | 55 | 190.33 | 162.56 | 38.28 |
| 30-09-2024 | 400 | 183 | 50 | 238.63 | 150.43 | 25.55 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 1.03 |
| Non-Institutional Buyers | 1.45 |
| Retail Investors | 1.82 |
| Total | 1.29 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 26 | 11050 |
| Retail (Max) | 18 | 468 | 198500 |
| S-HNI (Min) | 19 | 494 | 209500 |
| S-HNI (Max) | 90 | 2340 | 994500 |
| B-HNI (Min) | 91 | 2366 | 1005550 |
IPO Listing Details
| Listing Date | 21-02-2025 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
Thalavaidurai Pandyan, Chitra Pandyan, Bharanidharan Pandyan and Pandyan Family Trust are the Promoters of the Company.
Contact Information of the Company
Quality Power Electrical Equipments Limited
Plot No. L-61,
M.I.D.C, Kupwad Block,
Sangli – 416 436
Phone: + 91 233 264 543
Email: investorgrievance@qualitypower.co.in
Website: http://www.qualitypower.com/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: qualitypower.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
IPO Lead Manager
Pantomath Capital Advisors Pvt Ltd (Past IPO Performance)