Quality Power Electrical IPO Date, Price, GMP Review Details; 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 ₹10,426. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹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.
Stay tuned with IPO Wheel to get more details about Quality Power Electrical IPO including business overview, financial performance, live subscription status, allotment details, daily grey market premium (GMP), listing date, and listing price.
Quality Power Electrical IPO Overview
| Name of the Company | Quality Power Electrical Limited |
| IPO Date | February 14, 2025 to February 18, 2025 |
| Listing Date | February 21, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹401 to ₹425 per share |
| Lot Size | 26 Shares |
| Total Issue Size | 2,02,04,618 shares (₹858.70 Cr) |
| Fresh Issue | 52,94,118 shares (₹225.00 Cr) |
| Offer for Sale | 1,49,10,500 shares (₹633.70 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Pre-Issue Shareholding | 7,21,50,000 shares |
| Post-Issue Shareholding | 7,74,44,118 shares |
Quality Power Electrical IPO GMP (Grey Market Premium) Trend
| Date | IPO GMP | GMP Trend | Kostak | Subject to Sauda |
|---|---|---|---|---|
| 12 Feb | ₹35 | IPO GMP UP | ₹- | ₹- |
| 11 Feb | ₹30 | IPO GMP Down | ₹- | ₹- |
| 10 Feb | ₹115 | IPO GMP UP | ₹- | ₹- |
| 8 Feb | ₹35 | IPO GMP UP | ₹- | ₹- |
Quality Power Electrical IPO Lot Size & Investment Details
| Investor Category | Lots | Shares | 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 |
Quality Power Electrical IPO Financial Information (Restated) (₹ in Crores)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr) | 399.64 | 358.88 | 312.24 | 252.86 |
| Revenue (₹ Cr) | 182.72 | 331.40 | 273.55 | 211.73 |
| Profit After Tax (₹ Cr) | 50.08 | 55.47 | 39.89 | 42.23 |
| Net Worth (₹ Cr) | 238.63 | 190.33 | 175.66 | 160.29 |
| Reserves & Surplus (₹ Cr) | 150.43 | 162.56 | 153.86 | 149.76 |
| Total Borrowing (₹ Cr) | 25.55 | 38.28 | 10.61 | 11.52 |
Here are some key observations from Quality Power Electrical Equipments Limited’s financials:
- Steady Growth in Assets 📈
- The company’s assets have grown consistently from ₹252.86 Cr (Mar 2022) to ₹399.64 Cr (Sep 2024), indicating expansion.
- Revenue Fluctuation but Uptrend 💰
- Revenue increased from ₹211.73 Cr (Mar 2022) to ₹331.40 Cr (Mar 2024) but saw a drop to ₹182.72 Cr (Sep 2024) (possibly due to seasonal effects or temporary slowdown).
- Profitability Remains Strong 🏆
- Profit After Tax (PAT) has shown a rising trend from ₹39.89 Cr (Mar 2023) to ₹55.47 Cr (Mar 2024), with a solid ₹50.08 Cr in just six months of Sep 2024, indicating healthy profitability.
- Net Worth Growth 📊
- Net worth has increased from ₹160.29 Cr (Mar 2022) to ₹238.63 Cr (Sep 2024), reflecting stronger financial stability.
- Reserves & Surplus Decline ⚠️
- Reserves fell slightly from ₹162.56 Cr (Mar 2024) to ₹150.43 Cr (Sep 2024), which could indicate capital utilization for expansion or dividend payouts.
- Debt Management is Volatile 💳
- Borrowings rose significantly in Mar 2024 (₹38.28 Cr) but dropped to ₹25.55 Cr (Sep 2024), suggesting the company is actively managing its debt levels.
Quality Power Electrical IPO Peer Comparison
| Company | EPS Basic | EPS Diluted | NAV (₹) | P/E (x) | RoNW (%) | Financial Statements |
|---|---|---|---|---|---|---|
| Quality Power Electrical Equipments Ltd. | 5.19 | 5.19 | 26.38 | – | 29.15 | Consolidated |
| Transformers & Rectifiers (India) Ltd. | 3.24 | 3.24 | 39.49 | 251.51 | 8.35 | Consolidated |
| Hitachi Energy India Ltd. | 38.64 | 38.64 | 320.86 | 308.63 | 12.04 | Consolidated |
| GE T&D India Ltd. | 7.07 | 7.07 | 48.54 | 241.9 | 14.57 | Consolidated |
- EPS (Earnings Per Share):
- Quality Power’s EPS (₹5.19) is lower than Hitachi (₹38.64) and GE T&D (₹7.07) but higher than Transformers & Rectifiers (₹3.24).
- NAV (Net Asset Value):
- Quality Power’s NAV (₹26.38) is significantly lower than peers, indicating a relatively smaller asset base.
- P/E Ratio (Valuation Indicator):
- P/E ratio for Quality Power is not provided, but peers have high P/E ratios (above 200x), indicating high valuations in the sector.
- Return on Net Worth (RoNW %):
- Quality Power (29.15%) has the highest RoNW, outperforming competitors. This suggests strong profitability relative to its equity.
About Quality Power Electrical Equipments Limited’s Company
Quality Power provides high-voltage electrical equipment for power generation, transmission, distribution, and automation. The company provides products for electrical grid connectivity and energy transition, including solutions for renewable energy applications. The company’s product portfolio includes reactors, transformers, line traps, instrument transformers, capacitor banks, harmonic filters, reactive power compensation systems, and grid interconnection solutions such as STATCOM and Static Var Compensator (SVC) systems. Quality Power also produces high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks.
- Founded in – 2001
- Managing Director – Mr. Thalavaidurai Pandyan
- Parent Organisation – Quality Power Electrical Equipments Ltd
What is the issue size of Quality Power Electrical Equipments Ltd IPO?
The issue size of the Quality Power Electrical Equipments Ltd IPO is 8587000000.0.
What is the allotment date for the Quality Power Electrical Equipments Ltd IPO?
Quality Power Electrical Equipments Ltd IPO allotment date is 20 Feb ’25. For Quality Power Electrical Equipments Ltd IPO allotment status check, you can visit the website of the registrar of the IPO.
Who is the registrar of Quality Power Electrical Equipments Ltd IPO?
For Quality Power Electrical Equipments Ltd, the IPO registrar is MUFG Intime India Pvt Ltd. You can check Quality Power Electrical Equipments Ltd IPO allotment status on the website of the registrar.
Where is the Quality Power Electrical Equipments Ltd IPO getting listed?
The shares are proposed to be listed on the BSE and NSE.
Mukesh Thakur is a prolific writer with over a decade of professional experience. A person of wide interests, he found his true calling in the field of investing and specifically the stock market. He has an amazing skill of presenting the most complex financial concepts (and there is no shortage of complexity in investing) in simple language and terms.