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Open
14 Feb 2025
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Close
18 Feb 2025
3
Allotment
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Listing
Mon, Feb 24, 2025
Price Band
₹401 to ₹425
Issue Size
2,02,04,600 shares (agg. up to ₹859 Cr)
Lot Size
26 Shares
Listing Date
Mon, Feb 24, 2025
Latest GMP
₹5
Est. Gain
1.18%
✦ AI Insight
GMP Trend
24-02-2025₹5Est. ₹430+1.18%
23-02-2025₹-10Est. ₹415-2.35%
22-02-2025₹-10Est. ₹415-2.35%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.05x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 399.64 | 358.88 | 312.24 | 252.86 |
| Total Income | 182.72 | 331.40 | 273.55 | 211.73 |
| Profit After Tax | 50.08 | 55.47 | 39.89 | 42.23 |
| NET Worth | 238.63 | 190.33 | 175.66 | 160.29 |
| Reserves and Surplus | 150.43 | 162.56 | 153.86 | 149.76 |
| Total Borrowing | 25.55 | 38.28 | 10.61 | 11.52 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Transrail Lighting Ltd. | Mainboard | ₹838.91 Cr | ₹432 | 23.15 | ₹553.55 | +28.14% | ₹504.90 (+1.31%) |
| Exicom Tele-Systems Ltd. | Mainboard | ₹429.00 Cr | ₹142 | 217.63 | ₹224.95 | +58.42% | ₹165.23 (+1.07%) |
| Danish Power Ltd. | SME | ₹197.90 Cr | ₹380 | 14.46 | ₹598.50 | +57.50% | ₹870.50 (-3.49%) |
| Trom Industries Ltd. | SME | ₹31.37 Cr | ₹115 | 12.98 | ₹229.40 | +99.48% | ₹60.00 (-0.83%) |
| KP Green Engineering Ltd. | SME | ₹189.50 Cr | ₹144 | 42.8 | ₹210.00 | +45.83% | ₹343.60 (-4.24%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Pvt.Ltd. | 117.00 |
| 2 | Funding capital expenditure requirements of Company for purchase plant and machinery | 27.22 |
| 3 | Funding inorganic growth through unidentified acquisitions and other strategic initiatives and General corporate purposes | 61.18 |
| 4 | Issue expenses | 74.83 |
| Total | 280.22 |
About Quality Power Electrical IPO
Incorporated in 2001, Quality Power Electrical Equipments Limited is engaged in the business of energy transition equipment and power technologies. The company provides high-voltage electrical equipment and solutions for grid connectivity and energy transition, specializing in power products across generation, transmission, distribution, and automation sectors. The company manufactures critical high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks, enabling energy transition from renewable sources to power grids. With over 20 years of experience, the company offers reactors, transformers, converters, and grid interconnection solutions globally. The company operates manufacturing facilities in Sangli, Maharashtra, and Aluva, Kerala. In 2011, it acquired 51% of Endoks, a Turkey-based subsidiary with design, assembly, and project management capabilities. As of March 31, 2024, the company had 210 customers, including power utilities, power industries, and renewable energy entities. Product Portfolio: Power Product: Reactors, Line Traps, Transformers, Instrument Transformers, Line Tuners ,Metal Enclosed Capacitor Bank, Compos
Contact Details
Quality Power Electrical Equipments Ltd. AddressPlot No.L-61M.I.D.C, Kupwad BlockSangli, Maharashtra, 416436+ 91 233 264 543investorgrievance@qualitypower.co.inVisit Website