Quality Power IPO Overview

Quality Power IPO is a book built issue of Rs 858.70 crores. The issue is a combination of fresh issue of 0.53 crore shares aggregating to Rs 225.00 crores and offer for sale of 1.49 crore shares aggregating to Rs 633.70 crores.

Quality Power IPO opens for subscription on February 14, 2025 and closes on February 18, 2025. The allotment for the Quality Power IPO is expected to be finalized on Wednesday, February 19, 2025. Quality Power IPO will be list on BSE, NSE with a tentative listing date fixed as Friday, February 21, 2025.

Quality Power IPO price band is set at ₹401 to ₹425 per share.

Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Quality Power IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Quality Power IPO RHP for detailed information.

Quality Power IPO Important dates

Quality Power IPO opens on February 14, 2025, and closes on February 18, 2025.

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

Quality Power IPO Financial Performance

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
Amount in ₹ Crore

Quality Power IPO Key Performance Indicator

The market capitalization of Quality Power IPO is Rs 3291.38 Cr.

KPI as of Sun, Mar 31, 2024.

KPI Values
ROE 29.15%
ROCE 19.20%
Debt/Equity 0.20
RoNW 29.15%
PAT Margin 16.74
Price to Book Value 16.11

 

Pre IPO Post IPO
EPS (Rs) 7.69 12.93
P/E (x) 55.28 32.86

Note:

  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.

Quality Power IPO Objectives

The Net Proceeds of the Fresh Issue are proposed to be utilized in the following manner:

  1. Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited
  2. Funding capital expenditure requirements of the Company for purchase plant and machinery
  3. Funding inorganic growth through unidentified acquisitions and other strategic initiatives
  4. General Corporate Purposes.

Quality Power IPO Lot Size

Investors can bid for a minimum of 26 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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
Lot Size Calculator

Quality Power IPO Details

IPO Date February 14, 2025 to February 18, 2025
Listing Date [.]
Face Value ₹10 per share
Price Band ₹401 to ₹425 per share
Lot Size
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

Quality Power IPO Company Overview and Services

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:

  • Power Product: Reactors, Line Traps, Transformers, Instrument Transformers, Line Tuners ,Metal Enclosed Capacitor Bank, Composites.
  • Power Quality Systems: Static VAR compensators, STATCOM’s, Harmonic Filters, Capacitor Banks, Shunt Reactors.

As of March 31, 2024, the company has 163 full-time employees and 372 contractual workers.

Competative Strength:

  • Global energy transition and power technology player catering to diverse industry segments and poised to benefit out of global shift towards decarbonisation and adoption of renewable energy
  • Demonstrated track record of growth and financial performance
  • Diversified customer base of global businesses with long lasting relationships
  • Comprehensive product portfolio in the energy transition equipment and power technologies sector in India and abroad with high trade barriers
  • Demonstrated record of strategic acquisitions along with enhanced order book contributing to growth
  • Research and development capabilities to offer future ready solutions
  • Management team with domain experience

Quality Power IPO SWOT Analysis

Strengths:

  • Strong Position in Energy Transition: Quality Power is a global player in power technologies, supporting decarbonization and renewable energy integration with high-voltage solutions like HVDC and FACTS.
  • Proven Growth & Financial Performance: The company has over 20 years of experience with consistent expansion, a robust product portfolio, and strategic acquisitions like Endoks, enhancing global reach.   
  • Diversified & Long-Term Customer Base: Quality Power serves 210 global clients, including power utilities, industries, and renewable energy firms, fostering strong, lasting business relationships.   
  • Comprehensive Product Portfolio: The company offers a diverse range of power products across generation, transmission, distribution, and automation sectors.

Weaknesses:

  • High Dependence on Overseas Revenue: Over 64% of revenue comes from international markets, exposing the company to geopolitical, economic, and regulatory risks.  
  • Market Dependency on HVDC & FACTS: Business performance is tied to the demand for HVDC and FACTS, which is influenced by external factors beyond the company’s control.  
  • Operational Risks & Facility Disruptions: Any breakdown, shutdown, or disruption at manufacturing facilities could significantly impact production and financial performance.  

Opportunities:

  • Global Shift Towards Decarbonization and Renewable Energy: The increasing focus on renewable energy and decarbonization presents significant growth opportunities for Quality Power.
  • Growing Demand for HVDC and FACTS Solutions: The demand for HVDC and FACTS solutions is expected to grow, driven by the increasing need for efficient and reliable power transmission.
  • Strategic Acquisitions and Partnerships: The company can pursue strategic acquisitions and partnerships to expand its product portfolio, geographic reach, and customer base.

Threats:

  • Competition: The power technology industry is competitive, with established players and new entrants vying for market share.
  • Technological Advancements: Rapid technological advancements could make existing products obsolete, requiring continuous innovation and investment in R&D.
  • Economic Downturn: An economic downturn could impact demand for power infrastructure projects, affecting the company’s revenue and profitability.

Quality Power IPO GMP Details

Quality Power IPO last GMP is ₹96, last updated Feb 10th 2025 09:14 AM. With the price band of 425.00, Quality Power IPO’s estimated listing price is ₹521 (cap price + today’s GMP).The expected percentage gain/loss per share is 22.59%.>> Quality Power IPO Retail Subject to Sauda: ₹1900>> Quality Power IPO Small HNI Subject to Sauda: ₹36100

We update GMP on a daily basis and based on last 3 sessions grey market activities, today IPO GMP points downward and expects to drop more. The lowest GMP is ₹96.00, while the highest GMP is ₹135.00. Stay with us to know the daily price trend of Quality Power IPO GMP with expected listing price.

GMP Date IPO Price GMP Sub2 Sauda Rate Estimated Listing Price Last Updated
10-02-2025 425.00 ₹96   1900/36100 ₹521 (22.59%) 10-Feb-2025 9:14
09-02-2025 NA ₹96  ₹96 (0.00%) 9-Feb-2025 23:35
08-02-2025 NA ₹135  ₹135 (0.00%) 8-Feb-2025 23:35

What is IPO GMP?

The grey market premium (GMP) reflects the unofficial trading price of an IPO before its listing, offering insights into its potential market performance. A positive GMP indicates that the IPO may yield profits, while a negative GMP suggests a possible discount upon listing. However, it’s essential to recognize that IPO GMP can be highly volatile. Therefore, investors should not make decisions solely based on the GMP but should thoroughly assess all relevant factors before investing.

Quality Power IPO Subscription Status

Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

Quality Power IPO Allotment status 

Quality Power IPO allotment is expected on Wednesday, February 19, 2025.

Quality Power IPO allotment status is not available at this time. Quality Power IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Quality Power Electrical Equipments Limited IPO allotment status.

Quality Power IPO Contact Details

Quality Power Electrical Equipments Limited
Plot No. L-61,
M.I.D.C, Kupwad Block,
Sangli – 416 436
Phone: + 91 233 264 543
Email: investorgrievance@qualitypower.co.in
Websitehttp://www.qualitypower.com/

Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.

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