Quality Power Electrical IPO: The Maharashtra-based energy transition technology and the electrical solutions provider the Quality Power Electrical Equipments Limited is set to launch its initial public offering (IPO). 401 425 per equity share.
Stock market investors can apply for 26 equity shares and then apply for a lot of 26 shares.
As of December 26, the quality power is on the Gray Market Premium (GMP) for the Electrical IPO 49 per share. With the upper price band for this issue 425, shares are expected to be listed According to data collected from Investorgain.com, a premium of 474, 11.53 percent.
Here are 10 things to learn from RHP of Quality Power Electrical
1. Quality Electric Electrical IPO Key Date: The public issue is set to open to bid on Friday, 14 February and will close on Tuesday, February 18. The anchor round for the public issue will be held on Thursday, 13 February.
The allocation for the public issue is expected to be finalized on Wednesday, February 19. Quality Power Electrical IPO is expected to be listed in domestic stock markets on Friday, February 21, 2025.
2. Quality Power Electrical IPO Off Type: The company is offering a new issue in the upcoming IPO and a proposal for a component. Public issue includes a new issue of equity shares with a marketed value Up to 10 per share 225 crore, and the Off-For-SAL (OFS) component includes the issue of 1,49,10,500 or 1.49 crore equity shares.
3. Quality Electrical IPO OFS Participants: Chitra Pandian is a promoter selling stakeholders for public issues.
4. Quality power electric IPO objective: According to RHP data, the company plans to use income raised from public issue 117 crores for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited.
27.21 crore will be used to fund the company’s capital expenditure requirements for plant and machinery. The remaining funds raised will be used for other strategic acquisitions and general corporate expenses.
5. Quality Electrical Electricity Reservation: According to RHP data, the company has decided not to allocate more than 75 percent of the public proposal to eligible institutional buyers (QIBs), not less than 15 percent of non-institutional investors (NIIs) and 10 to retail bids. Not less than percent.
6. Quality Power Electrical IPO Book Runner: Pantomath Capital Advisors Private Limited is the book-hanging lead manager of the public issue, while the MUFG INTIME INTIME INDIA Pvt was Registrar for the proposal.
7. Quality Power Electrical Business Overview: Quality Power Electrical Equipment Limited is an energy infection tool and power technology firm that works with customers globally. The company supplies high-voltage electrical equipment and solutions for electrical grid connectivity and energy infections.
8. Quality Electric Electric Financial: The company had a net profit for July to September quarter in the financial year 2024-25. 50.07 crores. Company net profit for financial year ends 2023-24 55.47 crores and According to draft papers, 2022-23 for 39.89 crore years for the year ended.
The firm was revenue from operation 155.73 crore until the quarter ended September 30, 2024.
9. Quality Electrical Net Worth: Quality Power Electrical Equipment Limited has a net worth 238.62 crores as the third quarter of financial year 2024-25.
10. Quality Power Electrical IPO Major Risk: In many market risks, the company receives its majority revenue from international markets, which contributes 74 percent of the firm sales. Any adverse trend in such markets may have adverse effects on business, financial status, consequences of operations and firm’s cash flow.
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