Quality Power IPO Allotment Status 2025 on NSE, BSE, MUFG
Quality Power IPO Allotment Status 2025 on NSE, BSE, MUFG
by Anjali Sharma
Anjali Sharma is a Finance Content Writer at Rupeezy with more than 10 years of experience in the finance industry. She holds an MBA in Finance and Marketing from the Symbiosis Institute of Management Studies. Anjali is passionate about financial research and brings in-depth expertise in mutual funds, ETFs, stocks, market news, IPOs, and trading. Her experience, analytical insights, and commitment to financial research significantly enhance Rupeezy's comprehensive financial content.
Last Updated: 19 February, 20254 min read
00:00 / 00:00
The allotment status for the Quality Power IPO will be available on Wednesday, February 19, 2025. Investors can check their allotment status on the NSE, BSE, or the official registrar’s website, MUFG Intime India Private Limited. The IPO opened on February 14, 2025, and by the second half of Day 3, it had been subscribed 1.21 times. Follow the simple steps below to check the Quality Power IPO allotment status.
How to Check Quality Power IPO Allotment Status on BSE
Follow these simple steps to check the Quality Power Electrical IPO allotment status on BSE:
Step 2: Select the IPO symbol from the dropdown menu.
Step 3: Enter the PAN No. and Application No
Step 4: Click Submit.
Step 5: Once submitted, check the "Allotment Details" section in the bid details to view the Quality Power allotment status.
Screenshot of IPO allotment status check form on NSEQuality Power IPO Subscription
The Quality Power Electrical Equipments IPO was subscribed 1.29 times by the end of Day 3. Non-institutional investors subscribed 1.45 times, retail individual investors subscribed 1.82 times, and qualified institutional buyers subscribed 1.03 times.
Category
Subscription Times
Qualified Institutional Buyers
1.03x
Retail Individual Investor
1.82x
Non-Institutional Investor
1.45x
Total
1.29x
Quality Power IPO Allotment Details
Event
Date
Open Date
Friday, February 14, 2025
Close Date
Tuesday, February 18, 2025
Allotment Date
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
The total issue size for the IPO is Rs 858.70 Cr with a Fresh issue of Rs 225 Cr and Offer For Sale issue of Rs 633.70 Cr. The IPO is priced at a price band between Rs. 401 to Rs. 425 per share and a minimum lot size of 26 shares.
Quality Power IPO Listing Date and GMP
Quality Power IPO is set to be listed on the NSE and BSE on Friday, February 21, 2025. The last GMP of the company shows no gains for the investors.
Disclaimer: The GMP (Grey Market Premium) numbers mentioned above are unverified and based on media reports, not the official price. It is provided for informational purposes only. Investors should conduct their own research and consider all relevant factors before making any investment decisions. Rupeezy is not associated with this price and has not participated in any GMP-related trades or deals. We do not recommend trading based on this information.
Company Overview of Quality Power IPO
Quality Power Electrical Equipment is an Indian company serving global clients in critical energy transition equipment and power technologies. They provide high-voltage electrical equipment and solutions for electrical grid connectivity and energy transition.
It is a technology-driven company specializing in the provision of power products and solutions across power generation, transmission, distribution, and automation sectors. Additionally, they offer equipment and solutions tailored for emerging applications such as large-scale renewables.
They have a diversified base of 143 customers that include power utilities, power industries, and renewable energy entities. They derive the majority of their revenue from international markets, and their customers include large business conglomerates listed in the Fortune 500 category.
The company’s business model has been profitable since its inception and they have continuously witnessed growth in operations. It also demonstrated a record of strategic acquisitions, to further enhance their capabilities, asset base, and customer reach.