Quality Power Electrical Equipments Limited IPO GMP

Quality Power Electrical Equipments is an Indian player 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. They are a technology-driven company specializing in the provision of power products and solutions across power generation, transmission, distribution, and automation sectors.

Quality Power Electrical Equipments, an Book Built Issue amounting to ₹ 858.70 Crores, consisting an Fresh Issue of 52.94 Lakh Shares worth ₹ 225.00 Crores and an Offer for Sale of 149.10 Lakh Shares totaling to ₹ 633.69 Crores. The subscription period for the Quality Power Electrical Equipments IPO opens on February 14, 2025, and closes on February 18, 2025. The allotment is expected to be finalized on or about Wednesday, February 19, 2025, and the shares will be listed on the BSE & NSE with a tentative listing date set on or about Monday, February 24, 2025.

The Share price band of Quality Power Electrical Equipments IPO is set at ₹ 401 to ₹ 425 per equity share. The Market Capitalisation of the Quality Power Electrical Equipments Limited at IPO price of ₹ 425 per equity share will be ₹ 3,291.37 Crores. The lot size of the IPO is 26 shares. Retail investors are required to invest a minimum of ₹ 11,050, while the minimum investment for High-Net-Worth Individuals (HNIs) is 19 lots (494 shares), amounting to ₹ 2,09,950.

Pantomath Capital Advisors Private Limited is the book running lead manager of the Quality Power Electrical Equipments IPO, while MUFG Intime India Private Limited is the registrar for the issue. 

Quality Power Electrical Equipments Limited IPO GMP Today
The Grey Market Premium of Quality Power Electrical Equipments Limited IPO is expected to be ₹ 31 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Quality Power Electrical Equipments Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 18 February, 2025, the Quality Power Electrical Equipments Limited IPO live subscription status shows that the IPO subscribed 1.29 times on its Final day of subscription period. Check the Quality Power Electrical Equipments IPO Live Subscription Status Today at BSE.

Quality Power Electrical Equipments IPO Anchor Investors Report
Quality Power Electrical Equipments has raised ₹ 385.41 Crores from Anchor Investors at a price of ₹ 425 per shares in consultation of the Book Running Lead Managers. The company allocated 90,92,070 equity shares to the Anchor Investors. Check Full List of Quality Power Electrical Equipments Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion

Quality Power Electrical Equipments Limited Day Wise IPO GMP Trend

Quality Power Electrical Equipments Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Quality Power Electrical Equipments IPO allotment date is 19 February, 2025, Wednesday. Quality Power Electrical Equipments IPO Allotment will be out on 19 February, 2025 and will be live on Registrar Website from the allotment date. Check Quality Power Electrical Equipments IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Quality Power Electrical Equipments Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Quality Power Electrical Equipments Limited IPO
Quality Power Electrical Equipments proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 1,170.00 Millions is required for Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited;
2. ₹ 272.17 Millions is required for Funding capital expenditure requirements of the Company for purchase plant and machinery; and
3. Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes

Refer to Quality Power Electrical Equipments Limited RHP for more details about the Company.