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Quality Power Electrical Equipments Ltd logo

Quality Power IPO

  • Status: Closed
  • RHP:
  • ₹ 10,426 / 26 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    24 Feb 2025

  • Listing Price

    ₹432.05

  • Listing Change

    1.66%

  • Last Traded Price

    ₹352.35

IPO Details

  • Open Date

    14 Feb 2025

  • Close Date

    18 Feb 2025

  • Listing Date

    24 Feb 2025

  • IPO Price Range

    ₹ 401 to ₹ 425

  • IPO Size

    ₹ 858.70 Cr

  • Listing Exchange

    BSE, NSE

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Quality Power IPO Subscription Status

Last Updated: 10 March 2025 4:58 PM by 5Paisa

Quality Power is set to release its ₹858.70 crore IPO, comprising a ₹225 crore fresh issue and a ₹633.70 crore offer for sale. Open for subscription from February 14-18, 2025, the company specializes in high-voltage power equipment for energy transition. With 20+ years of expertise, it operates in Maharashtra and Kerala and holds a 51% stake in Turkey-based Endoks, serving 210 customers globally.

Established in: 2001
MD: Thalavaidurai Pandyan

Peers

Transformers & Rectifiers (India) Ltd
Hitachi Energy India Ltd
GE Vernova T&D India Ltd
 

Objectives

1. Payment for acquisition of Mehru Electrical and Mechanical Engineers Pvt Ltd
2.Capital expenditure for plant & machinery
3. Funding inorganic growth & strategic initiatives
4. General corporate purposes
 

Quality Power IPO Size

Types Size
Total IPO Size ₹858.70 Cr.
Offer For Sale ₹633.70 Cr.
Fresh Issue ₹225.00 Cr.

 

Quality Power IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 26 10,426
Retail (Max) 18 468 187,668
S-HNI (Min) 19 494 198,094
S-HNI (Max) 90 2,340 938,340
B-HNI (Min) 91 2,366 948,766

 

Quality Power IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 1.03 60,61,380 62,34,956 264.986
NII (HNI) 1.45 30,30,690 43,94,286 186.757
Retail 1.82 20,20,460 36,74,502 156.166
Total** 1.29 1,11,12,530 1,43,03,744 607.909

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Quality Power IPO Anchor Allocation

Anchor Bid Date 13 February, 2025
Shares Offered 90,92,070
Anchor portion Size (In ₹ Cr.) 386.41
Anchor lock-in period end date for 50% shares (30 Days) 21 March, 2025
Anchor lock-in period end date for remaining shares (90 Days) 20 May, 2025

 

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY23 FY24
Revenue 252.86 312.24 358.88
EBITDA 38.11 32.34 23.30
PAT 55.47 39.89 42.23
Particulars (in Rs. Crores) FY22 FY23 FY24
Total Assets 252.86 312.24 358.88
Share Capital 0.15 0.15 72.15
Total Borrowings 11.52 10.61 38.28
Particulars (in Rs. Crores) FY22 FY23 FY24
Net Cash Generated From / (used in) operating activities 8.54 44.31 51.52
Net Cash Generated From / (used in) investing activities 20.58 -31.00 -38.59
Net Cash Generated From / (used in) financing activities 1.62 -3.58 25.38
Net Increase (Decrease) In Cash And Cash Equivalents -2.96 -14.26 -3.88


Strengths

1. Leading energy transition player benefiting from global decarbonization and renewable energy adoption.
2. Strong financial performance with a proven growth track record.
3. Diversified global customer base with long-term relationships.
4. Comprehensive product portfolio with high trade barriers in energy transition technology.
5. Robust R&D capabilities for future-ready power solutions.
 

Risks

1. High dependency on regulatory policies for renewable energy expansion.
2. Capital-intensive business with significant upfront investment requirements.
3. Exposure to global supply chain disruptions affecting equipment manufacturing.
4. Competitive industry with established multinational players.
5. Fluctuations in raw material prices impacting profitability.
 

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FAQs

Quality Power IPO opens from 14 February 2025 to 18 February 2025.

The size of Quality Power IPO is ₹858.70 Cr.

The price of Quality Power IPO is fixed at ₹401 to ₹425 per share. 

To apply for Quality Power IPO, follow the steps given below:

● Login to your 5paisa account and select the issue in the current IPO section    
● Enter the number of lots and the price at which you wish to apply for the Quality Power  IPO.    
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Quality Power IPO is 26 shares and the investment required is ₹10,426.
 

The share allotment date of Quality Power IPO is 19 February 2025

The Quality Power IPO will be listed on 24 February 2025.

Pantomath Capital Advisors Pvt Ltd is the book running lead manager for Quality Power IPO.
 

Quality Power plans to utilise the raised capital from the IPO for:

  • Payment for acquisition of Mehru Electrical and Mechanical Engineers Pvt Ltd
  • Capital expenditure for plant & machinery
  • Funding inorganic growth & strategic initiatives
  • General corporate purposes