Quality Power IPO Date, Review, Price, Allotment Details

Quality Power IPO Details

Quality Power IPO Market Lot

The Quality Power IPO minimum market lot is 26 shares with ₹11,050 application amount. The retail investors can apply up-to 18 lots with 468 shares of ₹1,98,900 amount.

Quality Power IPO Dates

The Quality Power IPO date is February 14 and the close date is February 18. The Quality Power IPO allotment will be finalized on February 19 and the IPO listing on February 24.

Promoters of Quality Power IPO

The promoters of the company are Thalavaidurai Pandyan, Chitra Pandyan, Bharanidharan Pandyan and Pandyan Family Trust.

About Quality Power IPO

Quality Power Electrical Equipment is known to provide high-voltage electrical equipment and solutions for grid connectivity and energy transitions, as well as committed to providing power generation, transmission, distribution, and automation, including renewable energy applications. Quality Power Electrical Equipment, founded in 2001, is one of the well-known companies in India involved in the business of offering energy transition equipment and power technologies to their global clients. Among other companies, Quality Power Electrical Equipments is one of the few companies that provide critical high voltage equipment for High Voltage Direct Current and Flexible AC Transmission Systems to their global customers. To satisfy their Fortune 500 companies and other conglomerate clients, they make sure that their operational facilities meet the high requirements. Sangli, Maharashtra, and Aluva, Kerala are two locations where their manufacturing facilities are situated. As of March 31, 2024, the company comprises 163 full-time employees and 372 employees on a contract base.

Quality Power IPO Company Financial Report

The company reported revenue of ₹331.4 crores in 2024 against ₹273.55 crore in 2023. The company reported profit of ₹55.47 crores in 2024 against profit of ₹39.89 crores in 2023.

Amount ₹ in Crores

Quality Power IPO Valuation – FY2024

Check Quality Power IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited
• Funding capital expenditure requirements of the Company for purchase plant and machinery
• Funding inorganic growth through unidentified acquisitions and other strategic initiatives
• General Corporate Purposes.

Quality Power IPO Review

• IPO Watch – May Apply
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Quality Power IPO Registrar

MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: qualitypower.ipo@linkintime.co.in
Website: https://www.in.mpms.mufg.com/Initial_Offer/public-issues.html

IPO Lead Managers aka Merchant Bankers

• Pantomath Capital Advisors Pvt Ltd

Company Address

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/

Quality Power IPO FAQs