Markets / IPO / Quality Power Electrical Equipments

Quality Power Electrical Equipments IPO

Updated 19:46

Mainboard IPO on NSE and BSE · Heavy Electrical Equipment

Status
Listed
Price band
₹401–425
Lot size
26 shares · ₹11,050
Subscribed
1.29×

How it listed

Issue price
₹425
Listing price (open)
₹430.00 +1.18%
First-day close
₹387.90 -8.73%
Price now
₹1,363.50 +220.82%
Listing day24 Feb 2025
Open / high / low / close₹430.00 / ₹430.75 / ₹382.50 / ₹387.90
Shares traded on NSE1,10,80,676
Market value at the listing-day close₹3,004 cr

Closing prices since listing: 26 Oct ₹1,357.00, 27 Oct ₹1,338.10, 28 Oct ₹1,360.70, 29 Oct ₹1,430.80, 30 Oct ₹1,395.30, 2 Nov ₹1,421.30, 3 Nov ₹1,434.00, 4 Nov ₹1,452.50, 5 Nov ₹1,450.30, 6 Nov ₹1,374.00.

Quality Power Electrical Equipments share price, live chart and technicals →

Key dates

Bidding opens14 Feb 2025
Bidding closes18 Feb 2025
Allotment19 Feb 2025
Refunds and shares in demat20 Feb 2025
Listing24 Feb 2025

Issue reservation

Investor groupShares% of issueMost applicants allotted
Anchor investors90,92,07045.00%–
Institutions (QIB)60,61,38030.00%–
HNI / NII30,30,69015.00%–
  HNI, above ₹10 lakh20,20,46010.00%853
  HNI, ₹2–10 lakh10,10,2305.00%2,045
Retail20,20,46010.00%77,710

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

ApplicationLotsSharesAmount
Retail (minimum)126₹11,050
Retail (maximum)18468₹1,98,900
Small HNI (minimum)19494₹2,09,950
Small HNI (maximum)902,340₹9,94,500
Big HNI (minimum)912,366₹10,05,550

At ₹425 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance
At least 1 in 2
Retail allotments available
77,710 × one lot
Retail portion subscribed
1.83×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor categoryShares offeredShares bid forTimes subscribed
Institutions (QIB)60,61,38062,34,9561.03×
HNI / NII30,30,69043,95,7681.45×
  HNI, above ₹10 lakh20,20,46035,98,6081.78×
  HNI, ₹2–10 lakh10,10,2307,97,1600.79×
Retail20,20,46037,00,6061.83×
Total1,11,12,5301,43,31,3301.29×

NSE and BSE bids together, as of 18 Feb 2025 19:00.

Demand at each price

Top price ₹425109.58 lakh shares76.4%
Cut-off final price, whatever it is; mostly retail32.77 lakh shares22.8%
Lower prices ₹401–4241.12 lakh shares0.8%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date13 Feb 2025
Anchor shares90,92,070
Raised from anchors₹386.41 cr
Lock-in ends for the first 50% (30 days)20 Mar 2025
Lock-in ends for the remaining 50% (90 days)19 May 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹3,291 cr₹10,559 cr
P/E (last 12 months' profit)21.769.7
Revenue, last 12 months₹1,070 cr
Profit, last 12 months₹151 cr
Return on equity24.8%
Debt to equity0.07

From results the company filed with NSE (latest period to 30 Sept 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Heavy Electrical Equipment

CompanyListedSubscribedOn listingSince IPO
Karamtara Engineering 17 Sept62.63×+25.98%+47.91%
Kanohar Electricals 16 Sept90.59×+8.47%+57.02%
Anawil Wire and Engineering SME10 Aug–+22.09%+36.11%
Powerica 2 Apr1.45×-7.34%+18.89%
Avana Electrosystems SME20 Jan–+31.36%+141.10%
Atlanta Electricals 29 Sept70.63×+13.66%+93.91%
Transrail Lighting 27 Dec80.80×+36.57%+1.93%

IPO details

Price band₹401–425
Final issue price₹425
Lot size26 shares
Minimum investment₹11,050 (1 lot)
MarketNSE mainboard
Issue type100% Book Building
Face value₹10 per Equity Share
IndustryHeavy Electrical Equipment
Issue size₹858.70 crore (about 2.02 crore shares) · Fresh issue + offer for sale: fresh ₹225.00 cr, offer for sale ₹633.70 cr
ISININE0SII01026
RegistrarMUFG Intime India Private Limited (Formerly Link Intime India Private Limited)
Helpline: +91 810 811 4949, qualitypower.ipo@linkintime.co.in
Lead managersPantomath Capital Advisors Private Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 19 Feb 2025. Check it on the registrar's page (MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Quality Power Electrical Equipments IPO price band and lot size?

The price band is ₹401–425 per share, and one lot is 26 shares (₹11,050 at the upper price).

When is the Quality Power Electrical Equipments IPO allotment date?

Allotment was finalised on 19 Feb 2025, the next working day after bidding closed on 18 Feb 2025.

How many times was the Quality Power Electrical Equipments IPO subscribed?

In total 1.29 times, on NSE and BSE together; retail 1.83 times.

What is the Quality Power Electrical Equipments IPO listing date?

It listed on 24 Feb 2025 on NSE and BSE.

What is the chance of getting Quality Power Electrical Equipments IPO shares?

At least 1 in 2 retail applicants got the minimum lot: 77,710 retail allotments with the retail portion subscribed 1.83 times. Winners are picked by lottery.

When does the Quality Power Electrical Equipments anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 20 Mar 2025 and the 90-day lock-in on the rest ends on 19 May 2025; they can sell from the next trading day.

What was the Quality Power Electrical Equipments listing gain?

It opened at ₹430.00 against an issue price of ₹425, a gain of 1.18%. It is now up 220.82% from the issue price.