The Quality Power Electrical Equipments IPO is set to hit the market soon. This ₹858.70 crore offering combines fresh shares and an offer for sale. With strong financials and growing investor interest, this IPO could be a key opportunity. Let’s break down the details.
IPO Dates and Price Band
The IPO opens on February 14, 2025, and closes on February 18, 2025. The price band is ₹401–₹425 per share. Investors can expect the allotment by February 19 and listing on BSE and NSE by February 21, 2025.
| IPO Date | February 14, 2025 to February 18, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue 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 |
Quality Power IPO Structure
- Total Issue Size: ₹858.70 crore (2.02 crore shares).
- Fresh Issue: ₹225 crore (52.94 lakh shares).
- Offer for Sale: ₹633.70 crore (1.49 crore shares).
- Face Value: ₹10 per share.
Quality Power Electrical Equipments IPO GMP Trends and Kostak Rates
The Grey Market Premium (GMP) reflects investor sentiment. Here’s the latest GMP data:
- February 12: ₹35
- February 11: ₹30
- February 10: ₹115
- February 8: ₹35
| Date | IPO GMP | GMP Trend | Kostak | Subject to |
| 12 February | ₹35 |  | ₹- | ₹- |
| 11 February | ₹30 |  | ₹- | ₹- |
| 10 February | ₹115 | | ₹- | ₹- |
| 8 February | ₹35 | | ₹- | ₹- |
Note: GMP fluctuates daily. A higher GMP suggests strong demand, but it’s not a guaranteed indicator of listing gains.
Investment Details
- Retail Investors: Minimum 26 shares (₹10,426), but bid at the cutoff price (₹425) to avoid oversubscription.
- sNII (HNI): Minimum 19 lots (494 shares, ₹2.09 lakh).
- bNII: Minimum 91 lots (2,366 shares, ₹10.05 lakh).
| 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 |
Financial Performance
Quality Power shows consistent growth:
- Revenue (FY 2024): ₹331.42 crore.
- Profit After Tax (FY 2024): ₹55.47 crore.
- Net Worth (2024): ₹190.33 crore.
| 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 |
Key Ratios (March 2024):
- ROE: 29.15% (efficient profit generation).
- Debt/Equity: 0.20 (low debt burden).
| 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 |
Promoter Holding
Pre-IPO, promoters held 100% shares. Post-IPO, this drops to 73.91%, aligning with SEBI norms for public listings.
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 73.91% |
Should You Invest?
- Strengths: Healthy financials, low debt, and rising revenue.
- Risks: Market volatility, GMP fluctuations, and post-listing performance.
Consult a financial advisor to align this IPO with your goals.
Conclusion
The Quality Power Electrical Equipments IPO offers a mix of growth potential and stability. Track GMP trends and financial metrics closely before investing. Stay updated until the listing date for the best decision.
Disclaimer: This blog is for informational purposes only. Investment decisions involve risks.
