
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
Overall Subscription
1.29x
Total Demand
QIB Multiplier
1.03x
Institutions & Funds
NII / HNI
1.45x
High Net-Worth
Retail (RII)
1.83x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 6,061,380 | 6,234,956 | 1.03x |
| NIB | 3,030,690 | 4,395,768 | 1.45x |
| HNIs(10L +) | 2,020,460 | 3,598,608 | 1.78x |
| HNIs (2-10L) | 1,010,230 | 797,160 | 0.79x |
| RETAIL | 2,020,460 | 3,700,606 | 1.83x |
| Total | 14,143,220 | 18,727,098 | 1.29x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 77,710 | 142,331 | 1.83x |
| HNIs(10L +) | 4,090 | 7,285 | 1.78x |
| HNIs (2-10L) | 2,045 | 1,614 | 0.79x |
| Total Applications | 83,845 | 151,230 | 1.80x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Quality Power Electrical Equipments Limited IPO is ₹5 per equity share. Based on the upper price band of ₹401 to ₹425 per equity share, the estimated listing price is ₹430 (+1.2% expected listing gain).
With a lot size of 26 shares and current GMP of ₹5, the expected profit per application lot is approx ₹130 (+1.2% gain). Minimum application cost is approx ₹11,050.
The Quality Power Electrical Equipments Limited IPO aggregate issue size is ₹858.7 Crores with an equity price band set at ₹401 to ₹425 per equity share. The retail lot size is 26 shares requiring a minimum capital outlay of approx. ₹11,050.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.29x (Retail: 1.83x, QIB: 1.03x, NII: 1.45x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-02-21. Investors can verify status using PAN card or application number.
Quality Power Electrical Equipments Limited shares are scheduled to list on NSE and BSE on 2025-02-24.