Quality Power Electrical Equipments Ltd IPO
- Status: Upcoming
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IPO Details
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IPO Timeline
Initial public offering of up to [*] equity shares of face value of Rs. 10 each (Equity Shares) of Quality Power Electrical Eqipments Limited (The Company or the Issuer) for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs. [*] crores (Offer). The offer comprises of a fresh issue of up to [*] equity shares aggregating up to Rs. 225.00 crores (the Fresh Issue) and an offer for sale of up to 12,000,000 equity shares aggregating up to Rs. [*] crores by Chitra Pandyan (the Promoter Selling Shareholder) (the Offer for Sale). The offer will constitute [*] % of the post-offer paid-up equity share capital. The face value of the equity share is Rs. 10 each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.
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