Quality Power Electrical Equipments Ltd.
| 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 | 100 - 200 | 26 Shares | BSE, NSE | 401 to 425 per share | 2025-02-19 00:00:00 | 2025-02-20 00:00:00 | 2025-02-20 00:00:00 | 24-02-2025 |
About The Company
Quality Power Electrical IPO is a book build issue of 858.70 crores. The issue is a combination of fresh issue of 0.53 crore shares aggregating to 225.00 crores and offer for sale of 1.49 crore shares aggregating to 633.70 crores.
Quality Power Electrical IPO bidding started from Feb 14, 2025 and ended on Feb 18, 2025. The allotment for Quality Power Electrical IPO was finalized on Feb 19, 2025. The shares got listed on BSE, NSE on Feb 24, 2025.
Quality Power Electrical IPO price band is set at ₹425.00 per share . The lot size for an application is 26. The minimum amount of investment required by an retail is ₹11,050 (26 shares) (based on upper price). The 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.
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 | 175.66 | 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 | 198900 |
| S-HNI (Min) | 19 | 494 | 209950 |
| S-HNI (Max) | 90 | 2340 | 994500 |
| B-HNI (Min) | 91 | 2366 | 1005550 |
IPO Listing Details
| Listing Date | 24-02-2025 |
| BSE Script Code | 544367 |
| NSE Symbol | QPOWER |
| ISIN | INE0SII01026 |
| Final Issue Price | 425 |
Promoter holdings
Thalavaidurai Pandyan, Chitra Pandyan, Bharanidharan Pandyan and Pandyan Family Trust
Contact Information of the Company
Quality Power Electrical Equipments Ltd.
Plot No. L-61,
M.I.D.C, Kupwad Block,
Sangli – 416 436
Sangli, Maharashtra
Phone: + 91 233 264 543
Email: investorgrievance@qualitypower.co.in
Website: http://www.qualitypower.com/
IPO Registrar
MUFG Intime India Pvt.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.