Quality Power IPO Date, Review, Price, Allotment Details

Quality Power IPO open date is February 14, 2025 and the IPO will close on February 18, 2025. Quality Power IPO is a Book Built Issue. The company to raise around ₹858.70 crores via IPO that comprises fresh issue of ₹225 crores and offer for sale up to 1,49,10,500 equity shares with face value of ₹10 each.

Quality Power IPO price band is ₹401 to ₹425 per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Quality Power IPO to list on BSE ,NSE on February 24, 2025. The allotment of Quality Power IPO date is February 19, 2025.

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. As per the financials the IPO investors should apply the IPO for a long term.

Quality Power IPO Details

IPO Open Date:February 14, 2025
IPO Close Date:February 18, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹401 to ₹425 Per Share
Issue Size:Approx ₹858.70 Crores
Fresh Issue:Approx ₹225 Crores
Offer for Sale:Approx 1,49,10,500 Equity Shares
Issue Type: Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 10%
QIB Quota:Not more than 75%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
IPO Note:Click Here
Anchor Investors List:Click Here

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.

ApplicationLot SizeSharesAmount
Retail Minimum126₹11,050
Retail Maximum18468₹1,98,900
S-HNI Minimum19494₹2,09,950
B-HNI Minimum912,366₹10,05,550

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.

IPO Open Date:February 14, 2025
IPO Close Date:February 18, 2025
Basis of Allotment:February 19, 2025
Refunds:February 20, 2025
Credit to Demat Account:February 20, 2025
IPO Listing Date:February 24, 2025

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

Period EndedRevenueExpenseProfit After TaxAssets
2022₹211.73₹162.86₹42.23₹252.86
2023₹273.55₹226.10₹39.89₹312.24
2024₹331.4₹268.41₹55.47₹358.88
September 2024₹182.72₹127.64₹50.08₹399.64

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.

KPIValues
ROE:29.15%
ROCE:19.20%
EBITDA Margin:12.68%
PAT Margin:16.74%
Debt to equity ratio:0.20
Earning Per Share (EPS):₹5.19 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):29.15%
Net Asset Value (NAV):₹26.38

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Transformers & Rectifiers (India) Limited3.24251.518.3539.491,294.68 Cr.
Hitachi Energy India Ltd38.64308.6312.04320.865,237.49 Cr.
GE T&D India Limited7.07241.9014.5748.543,167.91 Cr.

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
  • Mehta Equities – May Apply
  • Canara Bank –
  • DRChoksey FinServ –
  • Emkay Global –
  • Hem Securities –
  • IDBI Capital –
  • Marwadi Shares –
  • Nirmal Bang –
  • SBICAP Securities – May Apply
  • Sharekhan –
  • SMC Global –
  • Sushil Finance –
  • Swastika Investmart –
  • Ventura Securities –
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

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

What is Quality Power IPO?

Quality Power IPO is a Mainboard IPO. The company is going to raise ₹858.70 Crores via IPO. The issue is priced at ₹401 to ₹425 per equity share. The IPO is to be listed on BSE & NSE.

When Quality Power IPO will open for subscription?

The IPO is to open on February 14, 2025 for QIB, NII, and Retail Investors. The IPO will close on February 18, 2025.

What is Quality Power IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Quality Power IPO?

You can apply for Quality Power IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Quality Power IPO Issue Size?

Quality Power IPO issue size is ₹858.70 crores.

What is Quality Power IPO Price Band?

Quality Power IPO Price Band is ₹401 to ₹425.

What is Quality Power IPO Lot Size?

The minimum bid is 26 Shares with ₹11,050 amount.

What is the Quality Power IPO Allotment Date?

Quality Power IPO allotment date is February 19, 2025.

What is the Quality Power IPO Listing Date?

Quality Power IPO listing date is February 24, 2025. The IPO is to list on BSE & NSE.

Note: The Quality Power IPO price band and date are officially announced. The (Quality Power IPO grey market premium) will be added to the IPO GMP page as it will start).
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