Quality Power IPO Subscription Status and Updates
Last Updated: 18 February, 2025
4 min read
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The Quality Power Electrical Equipments IPO saw a moderate response, with a subscription of 1.29 times by the end of Day 3.
The company offers shares in a price range of Rs 401 – 425, with a minimum lot size of 26 shares. This Rs 858.70 crore IPO comprises a fresh issue worth Rs 225 crore (5.2 crore shares) and an offer for sale (OFS) of Rs 633.7 crore (1.49 crore shares).
Stay tuned for the latest updates on the Quality Power Electrical Equipments IPO subscription status as the day progresses.
Quality Power Electrical Equipment IPO Subscription Status - Day 3
The Quality Power Electrical Equipment IPO saw a total subscription of 1.29x by the end of Day 3. Retail Individual Investors (RIIs) led the demand with 1.82x subscription, followed by Non-Institutional Investors (NIIs) at 1.45x. Qualified Institutional Buyers (QIBs) showed moderate interest with 1.03x subscriptions.
Category | Subscription Times |
Qualified Institutional Buyers | 1.03x |
Retail Individual Investor | 1.82x |
Non-Institutional Investor | 1.45x |
Total | 1.29x |
Quality Power Electrical Equipment IPO Subscription Status - Day 2
The Quality Power IPO was subscribed 0.83 times by the end of Day 2 on Feb 17, 2025. The Non-Institutional Investors (NII) subscribed 1.1 times, Retail Individual Investors (RII) subscribed 1.08 times, and Qualified Institutional Buyers (QIB) subscribed 0.62 times.
Category | Subscription Times |
Qualified Institutional Buyers | 0.62x |
Retail Individual Investor | 1.08x |
Non-Institutional Investor | 1.1x |
Total | 0.83x |
Last updated at 11:35 AM on February 17, 2025
Quality Power Electrical Equipment IPO Subscription Status - Day 1
The Quality Power IPO has been subscribed 0.62 times by the end of day 1. The retail category saw a subscription of 0.58 times, while Non-Institutional Investors (NIIs) subscribed 0.83 times and Qualified Institutional Buyers (QIBs) by 0.54 times
Category | Subscription Times |
Qualified Institutional Buyers | 0.54x |
Retail Individual Investor | 0.58x |
Non-Institutional Investor | 0.83x |
Total | 0.62x |
Last updated at 10:27 PM on February 14, 2025
Company Overview of Quality Power Electrical Equipments 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.
Quality Power 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. Company has demonstrated a record of strategic acquisitions, to further enhance its capabilities, asset base, and customer reach.
The energy transition equipment and power technologies market is poised for significant growth as governments and businesses around the world intensify their efforts to decarbonize the energy sector, the market for energy transition equipment will continue to expand.
Quality Power Financial Overview
Year | 6 months ended 30 Sept 2024 | 2024 | 2023 | 2022 |
Revenue From Operations (Rs. Cr) | 155.7 | 300.5 | 253.2 | 182.6 |
Profit After Tax (Rs. Cr) | 50.07 | 55.4 | 39.8 | 42.2 |
PAT Margin | 27.41% | 16.74% | 14.58% | 19.94% |
EBITDA | 31.4 | 38.1 | 32.3 | 23.3 |
EBITDA Margin | 20.16% | 12.68% | 12.77% | 12.76% |
ROE | 20.99% | 29.15% | 22.71% | 26.34% |
ROCE | 15.84% | 19.20% | 22.32% | 20.58% |
The company’s revenue from operations and profit have grown consistently. EBITDA and EBITDA margin have witnessed consistent growth too, indicating efficiency in operations, key ratios ROE and ROCE are healthy.
Quality Power Electrical Equipment IPO Details
IPO Date: February 14, 2025 to February 18, 2025
Price Band: Rs 401 to Rs 425 per share
Lot Size: 26 shares
Total Issue Size: 2,02,04,618 shares (amounting to Rs 858.70 Cr)
Fresh Issue: 52,94,118 shares (amounting to Rs 225 Cr)
Offer For Sale: 1,49,10,500 shares of Rs 10 (amounting to Rs 633.70 Cr)
Allotment Date: February 19, 2025
Listing Date: February 21, 2025
How to Apply for Quality Power Electrical Equipment IPO
Visit the Rupeezy app or Rupezy DOCK.
Navigate to the IPO section on the Home Page
Here, you can view all the IPOs with details such as market lot, minimum bid quantity, price range, and analysis.
You can read the Red Herring Prospectus for the issue details.
Enter UPI ID for payment & place the bid.
While placing the bid, enter the cutoff price or desired price in the range specified. Select quantity as per lot size.
Submit to complete the order.
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