
Electricals & Electronics · NSE
Parth Electricals and Engineering Limited, established in May 2007, began as a service-oriented firm and gradually evolved into a manufacturing company specializing in electrical equipment. Its product portfolio includes Medium Voltage (MV) switchgear panels, Vacuum Circuit Breaker (VCB) panels, Earth Link Boxes, Control and Relay Panels (CRP), and Compact Substations (CSS). The company also undertakes installation, testing, commissioning, and turnkey execution of Air Insulated Substations (AIS) and Gas Insulated Substations (GIS) up to 220kV, in addition to High Voltage (HV) and Extra High Voltage (EHV) cable laying projects. Parth Electricals serves a wide range of prominent clients such as Aditya Birla, Ultratech Cement, L&T, Reliance Industries, Adani, Tata Power, Schneider Electric, BHEL, Tata Steel, Siemens, GFL, and Jindal Steel & Power, among others. Its manufacturing facility is located in Manjusar, Vadodara. The company is certified with ISO 9001:2015, ISO 14001, and ISO 45001, highlighting its adherence to quality, environmental, and occupational health and safety standards. Parth Electricals caters to sectors like power distribution, infrastructure, and industrial manufacturing, having collaborated with major corporations such as ABB and Reliance. It has also extended its footprint internationally by exporting products and services to global markets. As of September 30, 2024, the company employs 227 people across various departments.
Price Band
₹160 – ₹170
Issue Size
₹49.72 Cr
Lot Size
800 shares
GMP
+4.1%
Est. Listing
₹177
at current GMP
Subscribed
23.78x
overall
Open
4 Aug 2025
Close
6 Aug 2025
Allotment
7 Aug 2025
Refund
8 Aug 2025
Demat Credit
9 Aug 2025
Listing
11 Aug 2025
Overall Subscription
23.78x
Total Demand
QIB Multiplier
17.65x
Institutions & Funds
NII / HNI
43.93x
High Net-Worth
Retail (RII)
20.29x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 541,600 | 9,558,400 | 17.65x |
| NIB | 407,200 | 17,886,400 | 43.93x |
| HNIs(10L +) | 271,200 | 14,372,000 | 52.99x |
| HNIs (2-10L) | 136,000 | 3,514,400 | 25.84x |
| RETAIL | 948,800 | 19,254,400 | 20.29x |
| Total | 2,304,800 | 64,585,600 | 23.78x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 113 | 2,073 | 18.35x |
| HNIs (3-10L) | 57 | 1,394 | 24.46x |
| RETAIL | 593 | 12,034 | 20.29x |
| Total Applications | 763 | 15,501 | 20.32x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Parth Electricals & Engineering Limited is bringing an initial public offering (IPO) in the Electricals & Electronics sector with an aggregate issue size of ₹49.72 Crores. The shares are offered at a price band of ₹160 to ₹170 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-08-06, the basis of allotment is scheduled to be finalized on 2025-08-07. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Parth Electricals & Engineering Limited IPO is ₹7 per equity share. Based on the upper price band of ₹160 to ₹170 per equity share, the estimated listing price is ₹177 (+4.1% expected listing gain).
With a lot size of 800 shares and current GMP of ₹7, the expected profit per application lot is approx ₹5,600 (+4.1% gain). Minimum application cost is approx ₹1,36,000.
The Parth Electricals & Engineering Limited IPO aggregate issue size is ₹49.72 Crores with an equity price band set at ₹160 to ₹170 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,36,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 23.78x (Retail: 20.29x, QIB: 17.65x, NII: 43.93x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-08-07. Investors can verify status using PAN card or application number.
Parth Electricals & Engineering Limited shares are scheduled to list on NSE on 2025-08-11.