Quality Power IPO (Quality Power Electrical Equipments Limited IPO)
Quality Power IPO open for bidding on 14th February 2025 and ends on 18th February 2025.
Quality Power Electrical Equipments Limited is a leading provider of power products, systems, and solutions with a strong presence in over 100 countries. Established in 2001, the company specializes in reactors, transformers, line traps, capacitor banks, static VAR compensators (SVC), STATCOMs, harmonic filters, grid automation, and SCADA systems. With a commitment to innovation and reliability, Quality Power has become a trusted name in the power transmission and distribution sector.
The company operates seven state-of-the-art facilities and has consistently increased its export contribution, reaching 80.68% of total revenue in FY24. Its strong engineering capabilities enable it to cater to the growing demand for energy transition solutions, ensuring grid stability and enhanced efficiency. The company’s R&D efforts focus on high-voltage electrical equipment, ensuring compliance with global standards and market needs.
For more details refer to Quality Power IPO RHP and Quality Power IPO Pulse Score
Quality Power IPO Details
| IPO Date | 14th February 2025 to 18th February 2025 |
| Listing Date | 24th February 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹401 to ₹425 per share |
| Lot Size | 26 Shares |
| Total Issue Size | 2,02,04,600 shares (aggregating up to ₹858.70 Cr) |
| Fresh Issue | 52,94,100 shares (aggregating up to ₹225.00 Cr) |
| Offer for Sale | 1,49,10,500 shares of ₹10 (aggregating up to ₹633.70 Cr) |
| Issue Type | Book Built Issue IPO |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor | 90,92,070(45%) |
| QIB | 60,61,380(30%) |
| NII | 30,30,690(15%) |
| bNII | 20,20,460(10%) |
| sNII | 10,10,230(5%) |
| Retail | 20,20,460(10%) |
| Total | 2,02,04,600(100%) |
Quality Power IPO Timeline
| IPO Open | 14th February 2025 |
| IPO Close | 18th February 2025 |
| Basis Of Allotment | 19th February 2025 |
| Initiation of Refunds | 20th February 2025 |
| Credit of Shares to Demat | 20th February 2025 |
| Listing Date | 24th February 2025 |
Fundamentals
Data as of 30th September 2024
| Market Cap | ₹3,291.38 Cr | P/E Ratio- Pre IPO | 55.28 |
| RoNW* | 20.99% | P/E Ratio- Post IPO | 32.86 |
| RoCE* | 15.84% | P/B Ratio | 16.11 |
| Debt to Equity | 0.11 | PAT Margin | 27.41 |
Note: P/E Ratio -Pre IPO is calculated based on Pre-issue Shareholding and FY Earnings of March 2024. P/E Ratio- Post IPO is calculated based on post-issue shareholding and annualized FY earnings for September 2024. RoCE and RoNW are for a six-month period ended September 30, 2024
Quality Power IPO Objectives
The company proposes to utilize the Net Proceeds towards the funding of the following objects:
- Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited;
- Funding capital expenditure requirements of the Company for purchase of plant and machinery; and
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
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