Quality Power Electrical Equipments Limited
Feb 14, 2025 - Feb 18, 2025
Quality Power Electrical Equipments Limited IPO Details
Mainline
Status
listed
Issue Price
₹401.00 - ₹425.00
Lot Size
26 Shares
Subscription
1.29 times
Listing Price
₹430 (1.18%)
Face Value
₹10 Per share
Issue Size
Approx ₹858.7 Cr
Fresh Issue
Approx ₹225 Cr
Total Shares Offered
Approx ₹633.7 Cr
Retail Quota
10%
QIB Quota
75%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
BSE, NSE
Registrar
Link Intime India Private Ltd
NSE Code
QPOWER
BSE Code
INE0SII01026
IPO Tentative Timetable
Open Date
Fri Feb 14 2025
Close Date
Tue Feb 18 2025
Allotment Date
-
Refunds Initiation
Thu Feb 20 2025
Demat Transfer
Thu Feb 20 2025
Listing Date
Fri Feb 21 2025
Valuation
Earning Per Share (EPS)
₹5.19
Price/Earning P/E Ratio
N/A
Return on Net Worth (RoNW)
29.15%
Net Asset Value (NAV)
₹26.38
Promoters
Pre issue Share Holding
100.00%
Post issue Share Holding
73.91%
Company Promoters
- Thalavaidurai Pandyan
- Chitra Pandyan
- Bharanidharan Pandyan
- Pandyan Family Trust
Lead Managers
Pantomath Capital Advisors Pvt Ltd
Live Subscription
| Date | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Total |
|---|---|---|---|---|---|---|
| Feb 14, 2025 | 0.54 | 0.83 | 1.15 | 0.14 | 0.58 | 0.62 |
| Feb 17, 2025 | 0.62 | 1.1 | 1.48 | 0.33 | 1.08 | 0.83 |
| Feb 18, 2025 | 1.03 | 1.45 | 1.78 | 0.79 | 1.82 | 1.29 |
Lot Size
| Application | 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 |
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 90,92,070 (45%) | NA |
| QIB Shares Offered | 60,61,380 (30%) | NA |
| NII (HNI) Shares Offered | 30,30,690 (15%) | - |
| bNII > ₹10L | 20,20,460 (10%) | 4,090 |
| sNII < ₹10L | 10,10,230 (5%) | 2,045 |
| Retail Shares Offered | 20,20,460 (10%) | 77,710 |
| Total Shares Offered | 2,02,04,600 (100%) | - |
Company Financial
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 399.64 | 358.88 | 312.24 | 252.86 |
| Revenue | 182.72 | 331.4 | 273.55 | 211.73 |
| Profit After Tax | 50.08 | 55.47 | 39.89 | 42.23 |
| Net Worth | 238.63 | 190.33 | 175.66 | 160.29 |
| Reserves and Surplus | 150.43 | 162.56 | 153.86 | 149.76 |
| Total Borrowing | 25.55 | 38.28 | 10.61 | 11.52 |
About Company
Quality Power Electrical Equipments Limited started in 2001 and specializes in energy transition equipment and power technologies. The company provides high-voltage electrical equipment and solutions for grid connectivity and energy transition, focusing on power generation, transmission, distribution, and automation.
It manufactures critical high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks, enabling the integration of renewable energy into power grids. With over 20 years of experience, it offers reactors, transformers, converters, and grid interconnection solutions worldwide.
The company has manufacturing facilities in Sangli, Maharashtra, and Aluva, Kerala. In 2011, it acquired a 51% stake in Endoks, a Turkey-based subsidiary with expertise in design, assembly, and project management.
As of March 31, 2024, the company had 210 customers, including power utilities, power industries, and renewable energy companies.
Its product portfolio includes power products such as reactors, line traps, transformers, instrument transformers, line tuners, metal-enclosed capacitor banks, and composites. It also offers power quality systems, including static VAR compensators, STATCOMs, harmonic filters, capacitor banks, and shunt reactors.
As of March 31, 2024, the company employed 163 full-time employees and 372 contractual workers.
The company’s strengths include its role in global energy transition and power technologies, a strong track record of growth, a diverse and long-term customer base, a broad product range with high trade barriers, strategic acquisitions, research and development capabilities, and an experienced management team.
It manufactures critical high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks, enabling the integration of renewable energy into power grids. With over 20 years of experience, it offers reactors, transformers, converters, and grid interconnection solutions worldwide.
The company has manufacturing facilities in Sangli, Maharashtra, and Aluva, Kerala. In 2011, it acquired a 51% stake in Endoks, a Turkey-based subsidiary with expertise in design, assembly, and project management.
As of March 31, 2024, the company had 210 customers, including power utilities, power industries, and renewable energy companies.
Its product portfolio includes power products such as reactors, line traps, transformers, instrument transformers, line tuners, metal-enclosed capacitor banks, and composites. It also offers power quality systems, including static VAR compensators, STATCOMs, harmonic filters, capacitor banks, and shunt reactors.
As of March 31, 2024, the company employed 163 full-time employees and 372 contractual workers.
The company’s strengths include its role in global energy transition and power technologies, a strong track record of growth, a diverse and long-term customer base, a broad product range with high trade barriers, strategic acquisitions, research and development capabilities, and an experienced management team.
Company Contact
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/
Registrar Contact
Phone: +91-22-4918 6270
Email: qualitypower.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html