Quality Power Electrical Equipments Limited IPO

Minimum Investment

Minimum Investment (Retail)	Lots (min)	Shares (QTY)
₹11,050	1	26

About Quality Power Electrical Equipments Limited

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.

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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

Quality Power Electrical Equipments Limited IPO Details

IPO Date	February 14, 2025 to February 18, 2025
Face Value	₹10 per share
Issue Price Band	₹401 to ₹425 per share
Lot Size	26 Shares
Total Issue Size	2,02,04,618 shares (aggregating up to ₹858.70 Cr)
Fresh Issue	52,94,118 shares (aggregating up to ₹225.00 Cr)
Offer for Sale	1,49,10,500 shares of ₹10 (aggregating up to ₹633.70 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE
Share Holding Pre Issue	7,21,50,000 shares
Share Holding Post Issue	7,74,44,118 shares
IPO Open Date	Fri, Feb 14, 2025
IPO Close Date	Tue, Feb 18, 2025
Tentative Allotment	Wed, Feb 19, 2025
Initiation of Refunds	Thu, Feb 20, 2025
Credit of Shares to Demat	Thu, Feb 20, 2025
Tentative Listing Date	Fri, Feb 21, 2025
Cut-off time for UPI mandate confirmation	5 PM on February 18, 2025

Quality Power Electrical Equipments Limited IPO Prospectus

Quality Power Electrical Equipments Limited Financial Snapshot (in Crore)

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	399.64	358.88	312.24	252.86
Revenue	182.72	331.4	273.55	211.73
Profit After Tax	50.08	55.47	39.89	42.23
Net Worth	238.63	190.33	175.66	160.29
Reserves and Surplus	150.43	162.56	153.86	149.76
Total Borrowing	25.55	38.28	10.61	11.52

Quality Power Electrical Equipments Limited Promoters Holding

Thalavaidurai Pandyan, Chitra Pandyan, Bharanidharan Pandyan and Pandyan Family Trust

Quality Power Electrical Equipments Limited Contact Details

Quality Power Electrical Equipments Limited
Plot No. L-61,
M.I.D.C, Kupwad Block,
Sangli – 416 436
Phone: + 91 233 264 543
Email: investorgrievance@qualitypower.co.in
Website: http://www.qualitypower.com/