
Capital Goods / Electrical Equipment · NSE / BSE
Incorporated in 2001, Quality Power Electrical Equipments Limited specializes in high-voltage electrical equipment and power technologies, offering a wide range of products for generation, transmission, distribution, and automation, including reactors, transformers, converters, line traps, and instrument transformers. The company also delivers Power Quality Systems such as Static VAR compensators, STATCOMs, harmonic filters, and capacitor banks. With manufacturing facilities in Sangli, Maharashtra, and Aluva, Kerala, along with a 51% stake in Turkey-based Endoks acquired in 2011, it serves over 210 customers globally across utilities, industries, and renewable energy sectors. Backed by more than two decades of expertise, the company supports energy transition and grid connectivity, employing 163 full-time staff and 372 contractual workers as of March 31, 2024.
Price Band
₹401 – ₹425
Issue Size
₹859 Cr
Lot Size
26 shares
GMP
+1.2%
Est. Listing
₹430
at current GMP
Subscribed
1.29x
overall
Open
14 Feb 2025
Close
18 Feb 2025
Allotment
21 Feb 2025
Refund
22 Feb 2025
Demat Credit
23 Feb 2025
Listing
24 Feb 2025
Designated Registrar: Link Intime India Private Limited
Allotment Date
21 Feb 2025
Basis finalization
Refunds Initiate
22 Feb 2025
Mandate release
Demat Credit
23 Feb 2025
Shares in demat
Listing Debut
24 Feb 2025
Trading begins
Quality Power Electrical Equipments Limited is bringing an initial public offering (IPO) in the Capital Goods / Electrical Equipment sector with an aggregate issue size of ₹858.7 Crores. The shares are offered at a price band of ₹401 to ₹425 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 26 shares (approx. ₹11,050 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-02-23, while un-allotted funds or UPI block mandates will be released on 2025-02-22.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.