Associated Power Structures Limited IPO

Associated Power Structures Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

Total Issue

₹0.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Business Overview

Associated Power Structures is an integrated manufacturing and engineering, procurement and construction (EPC) company engaged in the design and manufacture of lattice structures for power transmission and distribution, wind energy and telecommunication sectors. The Company also undertakes turnkey EPC projects covering the supply, installation, erection and commissioning of transmission and distribution towers, transmission lines and substation structures. It has demonstrated capabilities to execute power transmission and distribution projects up to 800 kV voltage levels and substation projects up to 400 kV. As part of its turnkey offerings, Associated Power Structures undertakes specialized foundation works, including pile-type and well-type foundations, and is among the few companies in India with such capabilities as of March 31, 2025 (Source: CRISIL Report). In the renewable energy segment, the Company designs and manufactures wind turbine lattice structures as well as solar module mounting structures, supporting the growing clean energy infrastructure in India.

Objects of IPO

  1. Repayment/prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company
  2. General corporate purposes

Financials

(Rs. in crores)

Financial Performance Metrics for Associated Power IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue 1,216.91 619.77 416.80
PAT 63.29 14.47 5.27
Net Worth 339.54 272.77 250.37
Borrowings 198.89 122.96 80.53
Assets 834.15 569.35 473.72
NAV (₹) 67.91 54.55 50.07
EPS (₹) 12.66 2.89 1.05

KPIs

EBITDA

9.69%

PAT

5.20%

ROE

20.67%

ROCE

22.20%

Net Debt to Equity

0.40

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

100.00%

Public

0.00%

Parag Kothari 36.00%
Satish Desai 38.00%
Ajay Patel 19.00%
Others 7.00%

Management

Satish Desai Chairman & MD
Parag Kothari MD
Ajay Patel Joint MD
Pranav Shah CFO

Registrar & Lead Managers

Frequently Asked Questions

What is Associated Power IPO?
Associated Power IPO is a Mainboard IPO having an issue size of ₹0.00 Crs. Associated Power IPO is priced at ₹ - ₹ per share. The issue opens on 19 Apr 26 and closes on 19 Apr 26.
When will Associated Power IPO open?
Associated Power IPO opens on 19 Apr 26 and closes on 19 Apr 26.
What is the GMP of Associated Power IPO?
The estimated Grey Market Premium of Associated Power IPO is ₹0 per share (-).
What is the lot size of Associated Power IPO?
The minimum lot size of Associated Power IPO is shares & the minimum application amount is Rs. 0.
When is the allotment of Associated Power IPO?
The allotment date of Associated Power IPO is 19 Apr 26.
What is the listing date of Associated Power IPO?
The listing date of Associated Power IPO is 19 Apr 26.
What is the subscription of Associated Power IPO?
Associated Power IPO is subscribed -.
What is the price band of Associated Power IPO?
Associated Power IPO is priced at ₹ - ₹ per share.
How to check allotment status of Associated Power IPO?
Click the allotment link on Associated Power IPO page of IPO360.
How to apply Associated Power IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Associated Power IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Associated Power IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Associated Power IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date