Quality Power Electrical Equipments Ltd.'s initial public offering (IPO) on February 14, 2025 aims to raise ₹858.70 crore from the primary markets. In the IPO, 1,49,10,500 equity shares are offered for sale in addition to a fresh issue of ₹225 crore.
The initial public offering (IPO) gives investors a chance to invest in a firm that specializes in energy transition equipment and power technologies, with a price range set at ₹401 to ₹425 per share. To assist potential investors in making well-informed decisions, this article explores the advantages and disadvantages of Quality Power as well as important IPO facts.
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Quality Power IPO: Main Details
- IPO Size: ₹858.70 crores
- Offer for Sale: 1,49,10,500 equity shares
- Fresh Issue: ₹225 crores
- Price Band: ₹401 to ₹425 per share
- Subscription Period: Opens on February 14, 2025, and closes on February 18, 2025
- Face Value: ₹10 per equity share
- Minimum Lot Size: 26 Shares
- Listing: BSE & NSE
Strengths of Quality Power
1. Business Expansion: After starting out as a manufacturer of reactors and transformers, Quality Power has also begun offering power equipment as well as solutions for energy transition and electrical grid connectivity.
2. R&D Team: The business has a strong R&D staff that is prepared to offer solutions for the power technology and energy transition industries.
3. Market Position: Quality Power is one of the top suppliers of high voltage electrical equipment and energy transition and electrical grid connectivity solutions.
4. Customer Base: As of March 31, 2024, they had 210 long-term agreements with a diverse customer base, which includes electric utilities, renewable energy companies, and sectors such as oil and gas, as well as the automotive industry.
IPO Risks
1. Operating Facilities: The Company's financial condition could be affected by any interruption, closure or malfunction of its operating facilities in Turkey and India.
2. Raw Materials: The Company's operations, cash flows and financial development could all be affected by delays, shortages or changes in the price of raw materials.
3. International Operations: International activities account for a substantial portion of the Company's revenues, and expanding into new regions could result in financial problems.
4. Market Dependence: High-voltage direct current ("HVDC") and flexible alternating current transmission systems ("FACTS"), which are affected by social, economic and regulatory variables, are essential for quality electricity.
Quality Power IPO: Lot Size
The minimum lot size in this IPO is 26 shares, with retail investors requiring a minimum investment of ₹11,050.
Investor Category | Minimum Investment | Maximum Investment |
Retail Investors | ₹11,050 | ₹1,98,900 |
Small HNI (S-HNI) | ₹2,09,950 | N/A |
Big HNI (B-HNI) | ₹10,05,550 | N/A |
Financial Performance
Quality Power Electrical Equipments Ltd's financial growth has been stable. Total assets grew from ₹252.86 crore in March 2022 to ₹399.64 crore as of September 30, 2024. Revenue for the six-month period was ₹182.72 crore, after earning ₹331.4 crore in March 2024, reflecting the company's strong progress. As of September 2024, the company's total assets had grown to ₹238.63 crore thanks to rising profitability. Half-year profit after tax was ₹50.08 crore after earning ₹55.47 crore in March 2024. Reserves and surplus remained strong at ₹150.43 crore, while borrowings declined from ₹38.28 crore to ₹25.55 crore.
Important Dates
- IPO Opening Date: February 14, 2025
- IPO Closing Date: February 18, 2025
- Allotment Date: February 19, 2025
- Refunds Initiation: February 20, 2025
- Credit to Demat Account: February 20, 2025
- IPO Listing Date: February 21, 2025
How to Apply?
You can follow the instructions provided by your demat account provider to apply for the Quality Power Electrical Equipments Ltd IPO. For example, Alice Blue clients can confirm the application, bid for the desired number of shares within the IPO price
range, register a demat and trading account and view the IPO data on the site.
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