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Quality Power IPO is a book-built issue worth ₹858.70 crores. It comprises a fresh issue of 0.53 crore shares totalling ₹225.00 crores and an offer for sale of 1.49 crore shares amounting to ₹633.70 crores.
The IPO subscription opens on February 14, 2025, and closes on February 18, 2025. The allotment is expected on February 19, 2025, with a tentative listing on BSE and NSE on February 21, 2025.
The price band for Quality Power IPO is set between ₹401 to ₹425 per share, offering investors a promising opportunity.
For detailed insights, real-time updates on IPO GMP, subscription status, and allotment details, investors can refer to trusted platforms like IPO Watch, BSE IPO allotment, or the Quality Power Electrical Equipments Limited IPO Red Herring Prospectus (RHP). Staying updated on these crucial aspects ensures that investors make informed decisions regarding their participation in this IPO.
| IPO Date | February 14, 2025 to February 18, 2025 |
| Listing Date | February 14 |
| Face Value | ₹10 per share |
| Price Band | ₹401 to ₹425 per share |
| Lot Size | 26 Shares |
| Total Issue Size | 2,02,04,618 shares (aggregating up to ₹858.70 Cr) |
| Fresh Issue | 52,94,118 shares (aggregating up to ₹ 225.00 Cr) |
| Offer for Sale | 1,49,10,500 shares of ₹10 (aggregating up to ₹633.70 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 7,21,50,000 shares |
| Share Holding Post Issue | 7,74,44,118 shares |
| IPO Open Date | Friday, February 14, 2025 |
| IPO Close Date | Tuesday, February 18, 2025 |
| Basis of Allotment | Wednesday, February 19, 2025 |
| Initiation of Refunds | Thursday, February 20, 2025 |
| Credit of Shares to Demat | Thursday, February 20, 2025 |
| Listing Date | Friday, February 21, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 18, 2025 |
| Application | 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 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Offer |
| Retail Shares Offered | Not less than 10% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 399.64 | 358.88 | 312.24 | 252.86 |
| Revenue | 182.72 | 331.4 | 273.55 | 211.73 |
| Profit After Tax | 50.08 | 55.47 | 39.89 | 42.23 |
| Net Worth | 238.63 | 190.33 | 175.66 | 160.29 |
| Reserves and Surplus | 150.43 | 162.56 | 153.86 | 149.76 |
| Total Borrowing | 25.55 | 38.28 | 10.61 | 11.52 |
Maximizing Opportunities with Quality Power Electrical Equipments Limited IPO
The Quality Power Electrical Equipments Limited IPO presents a significant investment opportunity with a price band of ₹401 to ₹425 per share and a total issue size of ₹858.70 crores. With a combination of fresh issue and offer for sale, this IPO offers potential for both retail and HNI investors. The listing on BSE and NSE is scheduled for February 21, 2025, and investors should closely monitor subscription status, allotment details, and IPO GMP trends to make well-informed investment decisions. By staying updated and assessing the company’s financial health and market outlook, investors can evaluate the potential value and risks of this IPO.
