[Fresh Issue 225 crore + OFS 633.70 crore]

Quality power electrical equipments ipo price is INR 401 – 425 per share

Quality Power Electrical Equipments: History

The company was originally incorporated as “Quality Power Electrical Equipments Private Limited” on September 20, 2001, under the provisions of the Companies Act, 1956 (certificate issued by the RoC – Pune, Maharashtra, India).

The company’s name was changed to Quality Power Electrical Equipments Limited, on March 23, 2024, pursuant to a shareholder’s resolution and fresh certificate of incorporation granted by the RoC.

Quality Power Electrical Equipments Business

The Company provides high voltage electrical equipment and solutions for electrical grid connectivity and energy transition.

Quality Power Electrical is a tech-driven company specializing in the provision of power products and solutions for sectors, like –

• Power generation,
• Transmission,
• Distribution, and
• Automation

Additionally, the company offers equipment and solutions tailored for emerging applications such as “large-scale renewables”. (Source: Care Report)

Quality Power Electrical: The Global Manufacturers

The Company is among the few global manufacturers of critical high voltage equipment for networks, such as –

1. HVDC (High Voltage Direct Current) and
2. FACTS (Flexible AC Transmission Systems)

These equipment and networks form key components for energy transition from  renewable sources to conventional power grids.

Quality Power Electrical Equipments Limited Products List

With more than 20 years of experience in the energy transition space, Quality Power Electrical provides an extensive range of products vital for effective power transmission and advanced power automation.

The Company’s offerings include –

1. reactors,
2. transformers,
3. line traps,
4. instrument transformers,
5. capacitor banks,
6. converters,
7. harmonic filters, and
8. reactive power compensation systems

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Client Served

As of March 31, 2024, the company has served more than 200 clients, with international business operations generating the majority of the revenue (INR 250.93 crore in FY 2024).

Employee Strength

As of March 31, 2024, Quality power electrical employed 163 full-time employee and 372 contractual staff, in addition to apprentices.

Company Promoters

1. Thalavaidurai Pandyan,
2. Chitra Pandyan,
3. Bharanidharan Pandyan,
4. Pandyan Family Trust

IPO Details

IPO date = 14 Feb to 18 Feb 2025

Minimum Amount = INR 11,050

Minimum Bid = 26 Shares

Face Value (FV) = INR 10

Listing On = NSE, BSE

Book Running Lead Managers

Pantomath Capital Advisors Pvt Ltd

FINANCIALS

CONCLUSION

FinBlab recommends ‘SUBSCRIBE‘ ratings on Quality power electrical equipments ipo keeping a long-term view in mind.

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

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