Parth Electricals & Engineering Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,353,600 (46%) | — | ₹2,301 Cr |
| NII (HNI) | — | 407,200 (14%) | — | ₹692 Cr |
| Retail | — | 948,800 (32%) | — | ₹1,613 Cr |
| Market Maker | — | 146,400 (5%) | — | ₹25 Cr |
| Σ Total | — | 2,924,800 (100%) | — | ₹49,722 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹136,000 |
| Retail (Max) | 13 | 10,400 | ₹1,768,000 |
| S-HNI (Min) | 14 | 11,200 | ₹1,904,000 |
| B-HNI (Min) | 67 | 53,600 | ₹9,112,000 |
Financial Statements Amount in Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 176 | 87 | 66 |
| EBITDA | 18 | 9 | 4 |
| Profit After Tax | 10 | 5 | 2 |
| Net Worth | 41 | 15 | 10 |
| Total Assets | 107 | 67 | 51 |
| Reserves & Surplus | 31 | 13 | 9 |
| Total Borrowing | 33 | 16 | 8 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Establishing GIS manufacturing facility in Gujarat – 20.00
- 2 Establishing manufacturing facility in Odisha – 19.00
- 3 Repayment of Short Term Borrowings – 15.00
- 4 General corporate purposes – 1.79
Company Overview
Established in May 2007, Parth Electricals and Engineering Limited is a service-oriented firm evolved into a manufacturing entity specializing in electrical equipment.
The company offers products such as Medium Voltage (MV) switchgear panels, Vacuum Circuit Breaker (VCB) panels, Earth Link Boxes, Control and Relay Panels (CRP), and Compact Substations (CSS).
It also offers installation, testing, commissioning, and turnkey execution for Air Insulated Substations (AIS) and Gas Insulated Substations (GIS) up to 220kV, along with High Voltage (HV) and Extra High Voltage (EHV) cable laying projects.
The company's Clientele includes Aditya Birla, Ultratech Cement, L&T, RIL, Adani, Tata Power, Schneider Electric, BHEL, Tata Steel, Siemens, GFL, Jindal Steel & Power and many more.
The company's manufacturing facility is situated in Manjusar, Vadodara.
The company is ISO 9001:2015, 14001, and 45001 certified, reflecting its commitment to quality management, environmental management, and occupational health and safety standards.
The company has served various industries, including power distribution, infrastructure, and industrial manufacturing. It has worked with leading clients like ABB, Reliance, and other major corporations.
The company has expanded its operations globally, exporting products and services to international markets.
Competitive Strength:
- Ensuring Excellence Through Rigorous Quality Control Processes.
- Strategic Tie Ups for Direct Billing.
- Enhance operations by increasing our customer base through marketing.