The Quality Power IPO minimum market lot is 26 shares with ₹11,050 application amount. The Quality Power IPO is a Mainline IPO, and it is to be listed on BSE & NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Quality Power IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.54 | 0.62 | 1.03 |
| NII | 0.82 | 1.1 | 1.45 |
| bNII | 1.15 | 1.48 | 1.78 |
| sNII | 0.14 | 0.33 | 0.79 |
| RII | 0.57 | 1.08 | 1.82 |
| Total | 0.62 | 0.83 | 1.29 |
Quality Power IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Quality Power IPO Review and Rating
- May Apply For Long-term View
Quality Power IPO Form
How to apply for the Quality Power IPO? You can apply for Quality Power IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Quality Power IPO in the Invest section. The other option is you can apply for Quality Power IPO via IPO forms downloaded online. Check out the Quality Power forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
