Quality Power IPO Review: Apply or Avoid?

Quality Power IPO is open for bidding on 14th February 2025. It is a book-built issue of 2,02,04,618 shares worth Rs 858.70 crore, consisting of a fresh issue of 52,94,118 shares worth Rs 225.00 crore and an offer for sale of 1,49,10,500 shares worth Rs 633.70 crore. The issue will be listed on BSE and NSE on its tentative listing date, 21st February 2025. 

Quality Power IPO

Quality Power IPO date is fixed between 14th February 2025 and 18th February 2025. The face value of Quality Power Electrical Equipments Limited shares stands at Rs 10 per share, and the IPO price band is set at Rs 401 to Rs 425 per share.

Link Intime India Private Limited is the registrar of Quality Power IPO, awaiting to manage the allotment and refund initiation procedures in the IPO. Download Quality Power IPO RHP to check out the further IPO details in the table below. 

Quality Power IPO Details

Quality Power IPO GMP and Key Details

Quality Power IPO is a book-built issue of 2,02,04,618 shares worth Rs 858.70 crore. Quality Power Electrical Equipments Limited shares will be listed on NSE and BSE. Furthermore, the SEBI has specified the share reservation criteria for different investors. Explore the table below to learn more. 

Note: QIB (Qualified Institutional Buyers), NII (Non-Institutional Investors), sNII (Small Non-Institutional Investors), bNII (Big Non-Institutional Investors). 

Quality Power IPO GMP Grey Market Premium

GMP is the difference between the fixed price of the issue and the price at which company shares are trading in the grey market.  Want to get live updates on Quality Power IPO GMP? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

*Data is updated as of 13th February 2025.

As of now, on 13th February 2025, Quality Power IPO GMP stands at Rs 28 per share, which means the share will likely be listed at Rs 453 (425+28) on its tentative listing date, 21st February 2025. 

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for Quality Power IPO. Stay informed with Univest articles to know about real-time insights on IPOs and their GMP trends. 

Quality Power IPO Review

Check out the detailed review of Quality Power IPO for a thorough understanding of its potential to report listing gains on 13th February 2025. The Quality Power IPO review provided below will also help you invest effectively to avoid significant losses in the Indian stock market. Explore the detailed review to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to analyse its ability to sustain a competitive edge in the market. Hence, it is essential to understand the growth potential and declines of the business financials before applying for any IPO.

During FY23-24, the revenue of Quality Power Electrical Equipments Limited stood at Rs 273.55 crore, which was increased by 21.14% to Rs 331.40 crore. On the other hand, the PAT of the company was raised by 39.05% from Rs 39.80 crore to Rs 55.47 crore.

Quality Power Electrical Equipments Limited has shown consistent revenue growth, indicating that the company is financially stable. However, the brokers, investors, and RAs have a positive outlook for Quality Power IPO for its tentative listing day, 21st February 2025.  

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. To analyse the technicals of Quality Power IPO, use the indicators mentioned below.

*Data is updated as of 13th February 2025.

The PE ratio of Quality Power Electrical Equipments Limited shares is 55.28, and its Earnings Per Share stands at 7.69. The Quality Power IPO can deliver gains on its tentative listing date, 21st February 2025. 

Quality Power Electrical Equipments Limited Peer Comparison

*Data is updated as of 13th February 2025. 

Note: The data as mentioned above is taken from authentic sources and highlights pre-issue information. PE ratio and EPS of Quality Power Electrical Equipments Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

*Data is updated as of 13th February 2025. 

Quality Power IPO Subscription Status

Quality Power IPO is open for bidding on 14th February 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Quality Power IPO Subscription Status. 

*Data is updated as of 13th February 2025.

About Quality Power Electrical Equipments Limited

Quality Power Electrical Equipments Limited was incorporated in 2001 and provides energy transition equipment and power technologies. It manufactures high-voltage equipment for High Voltage Direct Current (HVDC), enabling energy transition from renewable sources to power grids. 

The manufacturing units of Quality Power Electrical Equipments are located at Sangli in Maharashtra and Aluva in Kerala. Moreover, it acquires 51% of Endoks, a Turkey-based company, to encompass project management abilities. The company operates with 250+ customers in power utilities, power sector, and renewable energy entities.   

Quality Power Electrical Equipments Limited Financials

Before applying for Quality Power IPO, the company’s financial analysis plays a significant role. Have a look at the table to learn about Quality Power Electrical Equipments Limited’s financials. 

*Data is updated as of 13th February 2025. 

Explanation

Quality Power Electrical Equipments Limited showed a growth of 21.14% in its revenue, estimated at Rs 273.55 crore in  March 2023 and Rs 331.40 crore in March 2024. Moreover, the PAT of the company was raised by 39.05% from Rs 39.89 crore to Rs 55.47 crore. 

Quality Power IPO Bidding Requirements

Quality Power IPO has reserved lot sizes to be applied by different investors. Check the table below to know about the requirements to be fulfilled for applying for this IPO. 

Aim of Quality Power IPO

The primary aim of Quality Power IPO is to raise Rs 858.70 crores. On the other hand, Quality Power Electrical Equipments Limited has decided to utilise these funds in different manners. Explore some of the secondary objectives behind Quality Power IPO.

• Acquisition of Mehru Electrical and Mechanical Engineers Private Limited.
• Fund inorganic growth and strategic initiatives.
• Meet capital expenditure of the company to purchase plant and machinery.
• General corporate purposes. 

Should I Invest in Quality Power IPO?

“Quality Power Electrical Equipments Limited marked over 75% of average global revenue in its top lines for the reported periods. The IPO appears reasonably priced, and the company aims to become an Indian global player might be a plus point” ~ Dilip Davda (Chief Editor at Chittorgarh).

Explore the pros and cons of Quality Power IPO to assess whether you should apply or avoid the issue. The mentioned pros and cons might help you know about the IPO’s potential to deliver profits in the coming decades. 

Pros of Quality Power IPO

• Contribution to advanced decarbonisation efforts.
• Focussed towards sustainability.
• Aim to become a global player.
• Effective financial position.

Cons of Quality Power IPO

• The higher part is offered for sale. 

How to Apply for Quality Power IPO?

Check the steps mentioned below to apply for Quality Power IPO. 

• Step 1: Conduct thorough research on Quality Power IPO GMP, subscription status, issue size, lot size, and key details. 
• Step 2: Open a demat account on Univest to get live IPO GMP data, subscription status, and expert verdicts. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for one lot of 26 shares worth Rs 11,050 of Quality Power IPO.   
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for Quality Power IPO from multiple demat accounts to increase your allotment chances. 

How to Check Quality Power IPO Allotment Status?

You can check for Quality Power IPO allotment in different ways. These include BSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

• Visit the BSE’s official website. 
• Select Equity as the issue type. 
• Choose Quality Power IPO.  
• Choose whether to proceed with the PAN number or application number.
• Submit your details to get the allotment status online. 

Your IPO allotment status will be displayed on the screen. 

Check On the Registrar Portal

• Visit the registrar portal. 
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Quality Power IPO allotment status.

Let’s Wrap

Quality Power IPO is the book-built issue of 2,02,04,618 shares worth Rs 858.70 crores. The shares of Quality Power Electrical Equipments Limited will be listed on BSE and NSE on its tentative listing date of 21st February 2025. Researching Quality Power IPO GMP and reviews is highly recommended to book your ideal returns. Brokers and investors have a positive outlook for this IPO and highlighted its pros and cons. Benefits of this IPO include the company’s contribution to advanced decarbonisation efforts, focus towards sustainability, aim to become a global player and effective financial position.

Open a demat account on Univest now to initiate your investment journey. Explore the Univest terms and conditions by clicking on the link. 

FAQs on Quality Power IPO

1. How is Quality Power IPO?

Ans. Currently, on 13th February 2025, Quality Power IPO GMP (Grey Market Premium) stands at Rs 28 (6.59 % up). It indicates that the estimated listing price could be Rs 453 per share. It is the combination of a fresh issue of 52,94,118 shares worth Rs 225.00 crore and an offer for sale of 1,49,10,500 shares worth Rs 633.70 crore. The IPO price band is fixed at Rs 401 to Rs 425 per share, and the face value of each share is Rs 10. 

2. What is Quality Power IPO price?

Ans. Quality Power IPO price band has been set between Rs 401 and Rs 425 per share. Retail investors can apply for at least 1 lot of 26 shares worth Rs 11,050. Moreover, S-HNIs must bid for a minimum of 19 lots (494 shares) worth Rs 2,09,950. 

3. Is Quality Power IPO good?

Ans. During FY2023-24, the revenue of Quality Power Electrical Equipments Limited was increased by 21.14% to reach Rs 331.40 crore. On the other hand, the PAT of the company was raised by 39.05% from Rs 39.80 crore to Rs 55.47 crore. Quality Power IPO has gained a positive rating from industry experts, brokers and institutional investors.

4. Who is the registrar of Quality Power IPO?

Ans. Link Intime India Private Limited is the registrar of Quality Power IPO and is awaiting management of the IPO allotment procedure and refund initiation. For any query regarding Quality Power IPO allotment and refund, contact Link Intime India Private Limited at ipo.helpdesk@linkintime.co.in or +91-22-4918 6270. 

5. What is the issue size of the Quality Power IPO? 

Ans. Quality Power IPO is the book-built issue for 2,02,04,618 shares worth Rs 858.70 crores. It combines a fresh issue of 52,94,118 shares worth Rs 225.00 crore and an offer for sale of 1,49,10,500 shares worth Rs 633.70 crore. Moreover, the IPO will open on 14th February 2025 and will close on 18th February 2025. 

Disclaimer: The above information is accumulated from authentic sources and is just for informational purposes. To have detailed information about Quality Power IPO, download the Quality Power IPO RHP and Quality Power IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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