| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹858.70 Cr |
| Fresh Issue | ₹225.00 Cr |
| Offer for Sale | ₹633.70 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน401.00-425.00 per share |
| Discount | Retail: 0.00,Employee: 0.00,ShareHolder: 0.00 |
| BSE Code | 544367 |
| NSE Code | QPOWER |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 26 shares and in multiples thereof
Incorporated in 2001, Quality Power Electrical Equipments Limited is engaged in the business of energy transition equipment and power technologies.
The company provides high-voltage electrical equipment and solutions for grid connectivity and energy transition, specializing in power products across generation, transmission, distribution, and automation sectors.
The company manufactures critical high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks, enabling energy transition from renewable sources to power grids.
With over 20 years of experience, the company offers reactors, transformers, converters, and grid interconnection solutions globally.
The company operates manufacturing facilities in Sangli, Maharashtra, and Aluva, Kerala. In 2011, it acquired 51% of Endoks, a Turkey-based subsidiary with design, assembly, and project management capabilities.
As of March 31, 2024, the company had 210 customers, including power utilities, power industries, and renewable energy entities.
Product Portfolio:
As of March 31, 2024, the company has 163 full-time employees and 372 contractual workers.
Competative Strength:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Pvt.Ltd. | 117.00 |
| 2 | Funding capital expenditure requirements of Company for purchase plant and machinery | 27.22 |
| 3 | Funding inorganic growth through unidentified acquisitions and other strategic initiatives and General corporate purposes | 61.18 |
| 4 | Issue expenses | 74.83 |
| Total | 280.22 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 399.64 | 358.88 | 312.24 | 252.86 |
| Total Income | 182.72 | 331.40 | 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 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 29.15% |
| ROCE | 19.20% |
| Debt / Equity | 0.20% |
| RoNW | 29.15% |
| PAT Margin | 16.74% |
| Price to Book Value | 16.11 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 7.69 | 12.93 |
| P/E (x) | 55.28 | 32.86 |
| Promoter Holding | 100% | 73.91% |
| Market Cap | โน3291.38 Cr. | |