Quality Power Electrical Equipments Limited

Quality Power Electrical Equipments Limited

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹401 - ₹425

Total Issue

₹858.70 Cr

Bid Dates

14 Feb - 18 Feb

Subscription

1.29x

Est. GMP

₹5 (1.18%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

It is an Indian company serving global clients which specializes in critical energy transition equipment and power technologies. It provides high-voltage electrical equipment and solutions for grid connectivity and energy transition. With a technology-driven approach, the company delivers power products and solutions across generation, transmission, distribution, and automation. Additionally, it offers specialized equipment and solutions for emerging applications, including large-scale renewable energy projects.

Lot Info

Lot Information for Quality Power IPO
Category Lots Shares Amount
Retail (Min) 1 26 ₹11,050
Retail (Max) 18 468 ₹1,98,900
S-HNI (Min) 19 494 ₹2,09,950
S-HNI (Max) 90 2,340 ₹9,94,500
B-HNI (Min) 91 2,366 ₹10,05,550

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹858.70 Cr
Fresh Issue
₹225.00 Cr (0.56 Cr Shares)
Offer For Sale
₹633.70 Cr (1.49 Cr Shares)

Objects of Issue

1. Payment of the purchase consideration for the acquisition of Subsidiary Company

2. Funding capex for purchase plant and machinery

3. Funding inorganic growth through unidentified acquisitions, strategic initiatives & general corporate purposes.

Grey Market Premium

GMP ₹5
Est. Price ₹430
Est. Gain 1.18%

Quality Power IPO Peer Comparison

(Rs. in crores)

Quality Power IPO Peer Comparison Table
Particulars Quality Power Transformers & Rectifiers Hitachi Energy GE Vernova T&D
Revenue from Ops (in Crs.) 300.60 1,294.68 5,237.49 3,167.91
PAT (In Crs.) 55.47 47.01 163.78 181.05
EPS - Basic 5.19 3.24 38.64 7.07
NAV per share 26.38 39.49 320.86 48.54
RONW (%) 29.15% 8.35% 12.04% 14.57%
EBITDA 0.13% 10.36% 6.66% 10.07%
PAT Margin 0.17% 3.61% 3.12% 5.67%
Price to earning (PE) 81.89 251.51 308.63 241.90
Debt to Equity 0.20 0.45 0.11 0.00
  • All information pertains to FY 2023-24.
  • PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of February 5, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Quality Power IPO
Particulars Mar 24 Mar 23 Mar 22 Mar 21
Revenue from Operations 155.74 300.60 253.25 182.64
Profit after Tax 50.08 55.47 39.89 42.23
Net Worth 238.63 190.33 175.66 160.29
Total Borrowing 25.55 38.28 10.61 11.52
Total Assets 399.64 358.88 312.24 252.86
NAV per share (in ₹) 33.07 26.38 24.35 22.22
EPS - Basic (in ₹) 4.56 5.19 2.86 2.29

KPIs

EBITDA (%)

12.68%

PAT Margin

16.74%

ROE

29.15%

ROCE

19.20%

Debt to Equity

0.20

PE Ratio

81.89

PB Ratio

16.11

Mkt Cap (in Crs.)

3,291.37

  • All the data pertains to FY 2023-24.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

13.67%

Public

86.33%

Bharanidharan Pandyan 39.66%
Pandyan Family Trust 26.00%
Chitra Pandyan 20.67%

Management

Thalavaidurai Pandyan Chairman & MD
Bharanidharan Pandyan Joint MD
Rajesh Jayaraman Chief Financial Officer

Registrar & Lead Managers

Registrar

MUFG Intime India

MUFG Intime India

Lead Managers (1)

Pantomath Capital Pantomath Capital

Subscription Status

Updated as on 18-Feb-2025 19:00:00

Mainboard Subscription Status for Quality Power IPO
Category Sub (x) Offered Bids
QIB 1.03 60,61,393 62,34,956
NII 1.45 30,30,693 43,95,768
bHNI 1.78 20,20,462 35,98,608
sHNI 0.79 10,10,231 7,97,160
Retail 1.83 20,20,462 37,00,606
Total 1.29 1,11,12,548 1,43,31,330

Subscription data excludes the Anchor Investor portion.

Frequently Asked Questions

What is Quality Power IPO?
Quality Power IPO is a Mainboard IPO having an issue size of ₹858.70 Crs. Quality Power IPO is priced at ₹401 - ₹425 per share. The issue opens on 14 Feb 25 and closes on 18 Feb 25.
When will Quality Power IPO open?
Quality Power IPO opens on 14 Feb 25 and closes on 18 Feb 25.
What is the GMP of Quality Power IPO?
The estimated Grey Market Premium of Quality Power IPO is ₹5 per share (1.18%).
What is the lot size of Quality Power IPO?
The minimum lot size of Quality Power IPO is 26 shares & the minimum application amount is Rs. 11050.
When is the allotment of Quality Power IPO?
The allotment date of Quality Power IPO is 20 Feb 25.
What is the listing date of Quality Power IPO?
The listing date of Quality Power IPO is 24 Feb 25.
What is the subscription of Quality Power IPO?
Quality Power IPO is subscribed 1.29 times.
What is the price band of Quality Power IPO?
Quality Power IPO is priced at ₹401 - ₹425 per share.
How to check allotment status of Quality Power IPO?
Click the allotment link on Quality Power IPO page of IPO360.
How to apply Quality 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 Quality 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 Quality Power IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Quality 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