Quality Power IPO Review, Price, Allotment Details
The Quality Power IPO is one of the most anticipated Initial Public Offerings (IPOs) of 2025. The IPO is scheduled to open on February 14, 2025, and will close on February 18, 2025. Quality Power IPO is a Book Built Issue, with the company planning to raise around ₹[.] crores, which includes a fresh issue of ₹225 crores and an Offer for Sale (OFS) of up to 1,49,10,500 equity shares with a face value of ₹10 per share.
Quality Power IPO Details
- IPO Open Date: February 14, 2025
- IPO Close Date: February 18, 2025
- Face Value: ₹10 per equity share
- IPO Price Band: ₹[.] to ₹[.] per share
- Issue Size: Approx ₹[.] Crores
- Fresh Issue: ₹225 Crores
- Offer for Sale: 1,49,10,500 equity shares
- Issue Type: Book Built Issue
- IPO Listing: BSE & NSE
- Retail Quota: 10%
- Qualified Institutional Buyers (QIB) Quota: 75%
- Non-Institutional Investors (NII) Quota: 15%
Quality Power IPO Market Lot
The minimum market lot for the Quality Power IPO is [.] shares, with an application amount of ₹[.]. Retail investors can apply for a maximum of 13 lots, while High Net-worth Individuals (HNIs) have different application slabs.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
Quality Power IPO Important Dates
- IPO Open Date: February 14, 2025
- IPO Close Date: February 18, 2025
- Basis of Allotment: February 19, 2025
- Refunds Initiation: February 20, 2025
- Credit to Demat Account: February 20, 2025
- IPO Listing Date: February 21, 2025
Quality Power IPO Promoters
The promoters of Quality Power IPO are:
- Thalavaidurai Pandyan
- Chitra Pandyan
- Bharanidharan Pandyan
- Pandyan Family Trust
About Quality Power IPO
Quality Power Electrical Equipment is a well-established company specializing in high-voltage electrical equipment and grid connectivity solutions. The company provides power transmission, distribution, and automation solutions, including renewable energy applications. Established in 2001, the company has a strong reputation in India and global markets for delivering energy transition equipment and power technologies.
The company’s manufacturing facilities are located in Sangli, Maharashtra, and Aluva, Kerala. As of March 31, 2024, Quality Power Electrical Equipment Limited has 163 full-time employees and 372 contract-based employees.
Quality Power IPO Financial Performance
| Period Ended | Revenue (₹ Cr.) | Expense (₹ Cr.) | Profit After Tax (₹ Cr.) | Assets (₹ Cr.) |
|---|---|---|---|---|
| 2022 | ₹211.73 | ₹162.86 | ₹42.23 | ₹252.86 |
| 2023 | ₹273.55 | ₹226.10 | ₹39.89 | ₹312.24 |
| 2024 | ₹331.4 | ₹268.41 | ₹55.47 | ₹358.88 |
| Sept 2024 | ₹182.72 | ₹127.64 | ₹50.08 | ₹399.64 |
Quality Power IPO Valuation Metrics (FY 2024)
| KPI | Values |
|---|---|
| Return on Equity (ROE) | 29.15% |
| Return on Capital Employed (ROCE) | 19.20% |
| EBITDA Margin | 12.68% |
| Profit After Tax (PAT) Margin | 16.74% |
| Debt to Equity Ratio | 0.20 |
| Earnings Per Share (EPS) | ₹5.19 (Basic) |
| Price/Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 29.15% |
| Net Asset Value (NAV) Per Share | ₹26.38 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Revenue (₹ Cr.) |
|---|---|---|---|---|---|
| Transformers & Rectifiers (India) Ltd | 3.24 | 251.51 | 8.35 | 39.49 | 1,294.68 |
| Hitachi Energy India Ltd | 38.64 | 308.63 | 12.04 | 320.86 | 5,237.49 |
| GE T&D India Ltd | 7.07 | 241.90 | 14.57 | 48.54 | 3,167.91 |
Objectives of the Quality Power IPO
The proceeds from the Quality Power IPO will be used for the following purposes:
- Payment for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited.
- Capital expenditure requirements for purchasing new plant and machinery.
- Inorganic growth initiatives and strategic acquisitions.
- General corporate purposes.
Quality Power IPO Review & Ratings
Various brokerage firms have provided their analysis of the Quality Power IPO:
- Canara Bank – Awaiting review
- Emkay Global – Awaiting review
- IDBI Capital – Awaiting review
- ICICI Direct – Awaiting review
How to Apply for Quality Power IPO?
Investors can apply for Quality Power IPO through the ASBA process via their bank accounts or using UPI through stockbrokers. Physical application forms are also available through registered brokers.
Quality Power IPO Registrar & Contact Information
- Registrar: Link Intime India Private Ltd
- Phone: +91-22-4918 6270
- Email: qualitypower.ipo@linkintime.co.in
- Website: Link Intime IPO Portal
For company-related queries:
- Quality Power IPO Electrical Equipments Limited
- Address: Plot No. L-61, M.I.D.C, Kupwad Block, Sangli – 416 436
- Phone: +91 233 264 543
- Email: investorgrievance@qualitypower.co.in
- Website: Quality Power Official Website
Frequently Asked Questions (FAQ) for Quality Power IPO
What is the Quality Power IPO?
Quality Power IPO is a Mainboard IPO in which the company aims to raise ₹[.] Crores. The IPO is priced between ₹[.] to ₹[.] per equity share and will be listed on both BSE and NSE.
When will the Quality Power IPO open for subscription?
The IPO subscription will open on February 14, 2025, for QIB, NII, and Retail Investors and will close on February 18, 2025.
What is the investor quota for the Quality Power IPO?
- Qualified Institutional Buyers (QIB): 75%
- Non-Institutional Investors (NII): 15%
- Retail Investors: 10%
How can I apply for the Quality Power IPO?
Investors can apply for the IPO using ASBA (Application Supported by Blocked Amount) through their bank accounts or UPI via registered stock brokers. Additionally, offline applications through stock brokers are also available.
What is the issue size of the Quality Power IPO?
The issue size of the Quality Power IPO is approximately ₹[.] crores, comprising a fresh issue of ₹225 crores and an offer for sale of 1,49,10,500 equity shares.
What is the price band for the Quality Power IPO?
The IPO price band is set between ₹[.] and ₹[.] per share.
What is the minimum lot size for the Quality Power IPO?
The minimum lot size for retail investors is [.] shares with an application amount of ₹[.].
When will the Quality Power IPO allotment be finalized?
The allotment date for the Quality Power IPO is February 19, 2025.
When will the Quality Power IPO be listed on stock exchanges?
The IPO will be listed on BSE and NSE on February 21, 2025.
Where can I check the Quality Power IPO allotment status?
Investors can check their IPO allotment status on the registrar’s website: Link Intime India Private Ltd.
Who are the promoters of Quality Power IPO?
The promoters of Quality Power IPO include:
- Thalavaidurai Pandyan
- Chitra Pandyan
- Bharanidharan Pandyan
- Pandyan Family Trust
Who is the registrar for the Quality Power IPO?
The IPO registrar is Link Intime India Private Ltd, responsible for processing IPO applications and allotments.