Quality Power Electrical Equipments Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 15,153,450 (75%) | — | ₹64,402 Cr |
| NII (HNI) | — | 3,030,690 (15%) | — | ₹12,880 Cr |
| Retail | — | 2,020,460 (10%) | — | ₹8,587 Cr |
| Σ Total | — | 20,204,600 (100%) | — | ₹858,696 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 | 26 | ₹11,050 |
| Retail (Max) | 13 | 338 | ₹143,650 |
| S-HNI (Min) | 14 | 364 | ₹154,700 |
| B-HNI (Min) | 67 | 1,742 | ₹740,350 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 183 | 331 | 274 |
| Profit After Tax | 50 | 55 | 40 |
| Net Worth | 239 | 190 | 176 |
| Total Assets | 400 | 359 | 312 |
| Reserves & Surplus | 150 | 163 | 154 |
| Total Borrowing | 26 | 38 | 11 |
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
- Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited –
- Funding capital expenditure requirements of the Company for purchase plant and machinery –
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives –
- General Corporate Purposes. –
Company Overview
Incorporated in 2001, Quality Power Electrical Equipments Limited is engaged in the business of energy transition equipment and power technologies.
The company provides high-voltage electrical equipment and solutions for grid connectivity and energy transition, specializing in power products across generation, transmission, distribution, and automation sectors.
The company manufactures critical high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks, enabling energy transition from renewable sources to power grids.
With over 20 years of experience, the company offers reactors, transformers, converters, and grid interconnection solutions globally.
The company operates manufacturing facilities in Sangli, Maharashtra, and Aluva, Kerala. In 2011, it acquired 51% of Endoks, a Turkey-based subsidiary with design, assembly, and project management capabilities.
As of March 31, 2024, the company had 210 customers, including power utilities, power industries, and renewable energy entities.
Product Portfolio:
- Power Product: Reactors, Line Traps, Transformers, Instrument Transformers, Line Tuners ,Metal Enclosed Capacitor Bank, Composites.
- Power Quality Systems: Static VAR compensators, STATCOM's, Harmonic Filters, Capacitor Banks, Shunt Reactors.
As of March 31, 2024, the company has 163 full-time employees and 372 contractual workers.
Competative Strength:
- Global energy transition and power technology player catering to diverse industry segments and poised to benefit out of global shift towards decarbonisation and adoption of renewable energy
- Demonstrated track record of growth and financial performance
- Diversified customer base of global businesses with long lasting relationships
- Comprehensive product portfolio in the energy transition equipment and power technologies sector in India and abroad with high trade barriers
- Demonstrated record of strategic acquisitions along with enhanced order book contributing to growth
- Research and development capabilities to offer future ready solutions
- Management team with domain experience