About Quality Power Electrical Equipments:
The company is an Indian player serving global clients in critical energy transition equipment and power technologies. It provides high voltage electrical equipment and solutions for electrical grid connectivity and energy transition. As a technology-driven organization, it specializes in offering power products and solutions across the power generation, transmission, distribution, and automation sectors. Furthermore, it delivers equipment and solutions specifically designed for emerging applications, such as large-scale renewables.
About the Industry in which Quality Power Electrical Equipments operates:
The energy transition equipment and power technologies market is expected to experience significant growth in the coming decades. As governments and businesses worldwide strengthen their efforts to decarbonize the energy sector, the demand for energy transition equipment will continue to rise. This expansion will be fueled by technological advancements, supportive policies, and growing public awareness of the need for climate action.
| Important Information and Timelines of the IPO of Quality Power Electrical Equipments: | |
|---|---|
| Open Date | 14 February 2025 |
| Close Date | 18 February 2025 |
| Total Issue Size – Number of Shares | 20204618 |
| Minimum Bid Price | 401 |
| Maximum Bid Price | 425 |
| Lot Size | 26 |
| Basis of Allotment | 19 February 2025 |
| Initiation of Refunds and Credit of Shares to Demat | 20 February 2025 |
| Listing Date | 21 February 2025 |
| Listing Exchange(s) | NSE and BSE |
Minimum and Maximum Lot Sizes for the IPO of Quality Power Electrical Equipments:
| Category | Lots | Shares | Amount (in ₹) |
|---|---|---|---|
| Retail – Minimum | 1 | 26 | 11050 |
| Retail – Maximum | 18 | 468 | 198900 |
| sHNI – Minimum | 19 | 494 | 209950 |
| sHNI – Maximum | 90 | 2340 | 994500 |
| bHNI – Minimum | 91 | 2366 | 1005550 |
Objective of the IPO of Quality Power Electrical Equipments:
The funds will be used for the payment of the purchase consideration for acquiring Mehru Electrical and Mechanical Engineers Private Limited, covering capital expenditure for plant and machinery, supporting inorganic growth through potential acquisitions and strategic initiatives, as well as for general corporate purposes.
Financials of Quality Power Electrical Equipments:
| Particulars | As at and for the six-month period ended | As at / for the Fiscal ended March 31, 2024 | As at / for the Fiscal ended March 31, 2023 | As at / for the Fiscal ended March 31, 2022 |
|---|---|---|---|---|
| Share capital | 721.5 | 721.5 | 1.5 | 1.5 |
| Net worth | 2,386.26 | 1,903.25 | 1,756.57 | 1,602.93 |
| Revenue from operations | 1,557.38 | 3,005.97 | 2,532.50 | 1,826.38 |
| Total Income | 1,827.15 | 3,314.01 | 2,735.51 | 2,117.33 |
| Restated profit / (loss) for the year/period | 500.78 | 554.74 | 398.92 | 422.27 |
| Restated earnings / (loss) per share for continuing and discontinued operations | ||||
| Basic | 4.56 | 5.19 | 2.86 | 2.29 |
| Diluted | 4.56 | 5.19 | 2.86 | 2.29 |
| Return on Net Worth for equity shareholders (%) | 20.99 | 29.15 | 22.71 | 26.34 |
| Net asset value per Equity Share | 33.07 | 26.38 | 24.35 | 22.22 |
| Total Borrowings | 255.53 | 382.79 | 106.07 | 115.18 |
For more details on the IPO, refer to the DRHP here.
Did you know that you can now Pre-Apply for an IPO on Dhan? You can place your IPO Bid on Dhan and the order will be pushed to the Exchange as soon as the Bidding starts for Quality Power Electrical Equipments. You will receive a UPI mandate after 10:00 AM on 14 February 2025.
###1. How to apply for the IPO of Quality Power Electrical Equipments on Dhan?
You can apply for the IPO of Quality Power Electrical Equipments from either Dhan Mobile App or Web
On Dhan Mobile App you can find the IPO under the Money Section > IPO Tab
On Dhan Web you can find the IPO under Markets Tab > IPOs
###2. In case of successful allotment, when the IPO shares of Quality Power Electrical Equipments be visible on Dhan?
The CDSL will intimate you regarding the credit of shares into your Demat account by 20 February 2025. However, you will be able to see the shares of Quality Power Electrical Equipments on Dhan before the market starts on the listing date which is 21 February 2025.