Quality Power Electrical Equipments Limited
It is an Indian company serving global clients which specializes in critical energy transition equipment and power technologies. It provides high-voltage electrical equipment and solutions for grid connectivity and energy transition. With a technology-driven approach, the company delivers power products and solutions across generation, transmission, distribution, and automation. Additionally, it offers specialized equipment and solutions for emerging applications, including large-scale renewable energy projects.
Price Band₹401 - ₹425 |
Dates14 Feb - 18 Feb |
GMP₹5 (1.18%) |
Subscriptions1.29 times |
Issue Size₹858.70 Crs |
Quality Power IPO Objects
1. Payment of the purchase consideration for the acquisition of Subsidiary Company
2. Funding capex for purchase plant and machinery
3. Funding inorganic growth through unidentified acquisitions, strategic initiatives & general corporate purposes.
Quality Power IPO Details
Price Band₹401 - ₹425 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹225.00 Cr (0.56 Cr Shares) |
Offer For Sale₹633.70 Cr (1.49 Cr Shares) |
Total Issue₹858.70 Cr (2.05 Cr Shares) |
Face Value₹10 per equity share |
Quality Power IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
26
11,050
Maximum
18
468
1,98,900
|
|||
| Small HNI |
Minimum
19
494
2,09,950
Maximum
90
2,340
9,94,500
|
|||
| Big HNI |
Minimum
91
2,366
10,05,550
|
|||
Quality Power IPO Subscription
Updated as on 18-Feb-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 1.03 | 60,61,380 | 62,34,956 |
| NII | 1.45 | 30,30,690 | 43,95,768 |
| bNII (bids above ₹10L) | 1.78 | 20,20,460 | 35,98,608 |
| sNII (bids between ₹2L to ₹10L) | 0.79 | 10,10,230 | 7,97,160 |
| Retail | 1.83 | 20,20,460 | 37,00,606 |
| Total | 1.29 | 1,11,12,530 | 1,43,31,330 |
Subscription data excludes the Anchor Investor portion.
Quality Power IPO GMP
The estimated Grey Market Premium of Quality Power IPO is ₹5 per share (1.18%)
1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Quality Power IPO Financials
| Particulars | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|
| Revenue from Operations | 155.74 | 300.60 | 253.25 | 182.64 |
| Profit after Tax | 50.08 | 55.47 | 39.89 | 42.23 |
| Net Worth | 238.63 | 190.33 | 175.66 | 160.29 |
| Total Borrowing | 25.55 | 38.28 | 10.61 | 11.52 |
| Total Assets | 399.64 | 358.88 | 312.24 | 252.86 |
| NAV per share (in ₹) | 33.07 | 26.38 | 24.35 | 22.22 |
| EPS - Basic (in ₹) | 4.56 | 5.19 | 2.86 | 2.29 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA (%) | 12.68% |
| PAT Margin | 16.74% |
| ROE | 29.15% |
| ROCE | 19.20% |
| Debt to Equity | 0.20 |
| PE Ratio | 81.89 |
| PB Ratio | 16.11 |
| Mkt Cap (in Crs.) | 3,291.37 |
- All the data pertains to FY 2023-24.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Quality Power IPO Peer Comparision
| Particulars | Quality Power | Transformers & Rectifiers | Hitachi Energy | GE Vernova T&D |
|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 300.60 | 1,294.68 | 5,237.49 | 3,167.91 |
| PAT (In Crs.) | 55.47 | 47.01 | 163.78 | 181.05 |
| EPS - Basic | 5.19 | 3.24 | 38.64 | 7.07 |
| NAV per share | 26.38 | 39.49 | 320.86 | 48.54 |
| RONW (%) | 29.15% | 8.35% | 12.04% | 14.57% |
| EBITDA | 0.13% | 10.36% | 6.66% | 10.07% |
| PAT Margin | 0.17% | 3.61% | 3.12% | 5.67% |
| Price to earning (PE) | 81.89 | 251.51 | 308.63 | 241.90 |
| Debt to Equity | 0.20 | 0.45 | 0.11 | 0.00 |
- All information pertains to FY 2023-24.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of February 5, 2025 for Peers
Quality Power IPO Peer Comparision
| Particulars | Quality Power |
|---|---|
| Revenue from Ops (in Crs.) | 300.60 |
| PAT (In Crs.) | 55.47 |
| EPS - Basic | 5.19 |
| NAV per share | 26.38 |
| RONW (%) | 29.15% |
| EBITDA | 0.13% |
| PAT Margin | 0.17% |
| Price to earning (PE) | 81.89 |
| Debt to Equity | 0.20 |
| Transformers & Rectifiers | Hitachi Energy | GE Vernova T&D |
|---|---|---|
| 1,294.68 | 5,237.49 | 3,167.91 |
| 47.01 | 163.78 | 181.05 |
| 3.24 | 38.64 | 7.07 |
| 39.49 | 320.86 | 48.54 |
| 8.35% | 12.04% | 14.57% |
| 10.36% | 6.66% | 10.07% |
| 3.61% | 3.12% | 5.67% |
| 251.51 | 308.63 | 241.90 |
| 0.45 | 0.11 | 0.00 |
- All information pertains to FY 2023-24.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of February 5, 2025 for Peers
Promoter Details
| Promoter | Shareholding |
|---|---|
| Bharanidharan Pandyan | 39.66% |
| Pandyan Family Trust | 26.00% |
| Chitra Pandyan | 20.67% |
| Thalavaidurai Pandyan | 13.67% |
Management Details
| Name | Designation |
|---|---|
| Thalavaidurai Pandyan | Chairman & MD |
| Bharanidharan Pandyan | Joint MD |
| Rajesh Jayaraman | Chief Financial Officer |
Company Details
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.i
Website: http://www.qualitypower.com/
Book Running Lead Managers (BRLMs)
Pantomath Capital
Visit WebsiteRTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Quality Power IPO is a Mainboard IPO having an issue size of Rs. ₹858.70 Crs. Quality Power IPO is priced at ₹401 - ₹425 per share. The issue opens on 14 Feb 25 and closes on 18 Feb 25.
Quality Power IPO opens on 14 Feb 25 and closes on 18 Feb 25.
The estimated Grey Market Premium of Quality Power IPO is ₹5 per share (1.18%).
The minimum lot size of Quality Power IPO is 26 shares & the minimum application amount is Rs. 11050.
The allotment date of Quality Power IPO is 20 Feb 25.
The listing date of Quality Power IPO is 24 Feb 25.
Quality Power IPO is subscribed 1.29 times.
Quality Power IPO is priced at ₹401 - ₹425 per share.
Click the allotment link on Quality Power IPO page of IPO360.
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- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
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