| Quality Power IPO Review | Quality Power Electrical IPO GMP | Quality Power IPO Recommendations | Quality Power IPO Allotment Status |
Quality Power IPO subscription starts on 14 February 2025 and will close on 18 February 2025. The company plans to raise around INR 810.2 – 858.7 crore via the IPO. The price band is fixed at INR 401 – 425 per share. Quality Power IPO market lot has 26 shares, and the minimum application amount is INR 11,050. The retail quota is 10%, QIB is 75%, and NII is 15%.
Check Quality Power IPO Subscription Status here. The subscription figures are taken from BSE and NSE and are updated at regular intervals. Here you can find Quality Power IPO Subscription Status segregated by days and investor categories.
Quality Power IPO Subscription Status – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 60,61,380 | 30,30,690 | 20,20,460 | 1,11,12,530 |
| 18 Feb 2025 | 1.03 | 1.45 | 1.82 | 1.29 |
| 17 Feb 2025 | 0.62 | 1.10 | 1.07 | 0.83 |
| 14 Feb 2025 | 0.54 | 0.82 | 0.57 | 0.62 |
Shares allotted to anchor investors are not included in these calculations. Similarly, shares allotted to market makers, if any, are not part of these calculations.
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Quality Power Electrical – Business Background
Founded in 2001, Quality Power Electrical Equipments (QPEEL) is an Indian company specializing in energy transition equipment and power technologies. They are known for manufacturing high-voltage electrical equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks, crucial for integrating renewable energy sources into power grids. The company has expanded its operations to include seven units in India and overseas, serving diverse industries such as power utilities, renewable energy, and various manufacturing sectors across Asia, the Middle East, North America, and Europe.
As of 31 March 2024, Quality Power employed 163 full-time employees and 372 contract-based employees.
In terms of financial performance, Quality Power reported a revenue of INR 331.4 crores in 2024, compared to INR 273.55 crores in 2023, and a profit of INR 55.47 crores in 2024, up from INR 39.89 crores in the previous year. The Return on Equity (RoE) was 29.15%, and the Return on Capital Employed (RoCE) was 19.20%.
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Investor Categories in Quality Power IPO Subscription
The three most important categories of IPO investors defined by SEBI are part of Quality Power IPO.
Qualified Institutional Buyers (QIB) – Examples of QIBs are Foreign Portfolio Investors (FPIs), Scheduled Commercial Banks, Mutual Funds, Venture Capital Funds, Foreign Venture Capital Investors (FVCIs), Alternative Investment Funds (AIFs), Insurance Companies, Provident Funds and Pension Funds with a minimum corpus of INR 250 million.
Generally, 50% of the offer is reserved for QIBs. Some of these are classified as anchor investors which work towards stabilizing an IPO.
Non-Institutional Investor (NII) – These are affluent investors who can invest more than INR 200,000. In other words, these are High Networth Individuals (HNIs). Generally, 15% of the offer is reserved for this category. Bids in the category need to exceed INR 200,000. Typical examples include Category III FPIs, resident Indian individuals, HUFs (in the name of Karta), companies, corporate bodies, eligible NRIs, scientific institutions, societies, and trusts.
The NII category is further divided into two – big and small – the threshold application amount being INR 10,00,000 (INR 10 lakh).
Retail Individual Investor (RII) – This category is purely meant for small investors, whose bid must not exceed INR 200,000 per person. Usually, 35% of total shares are reserved for this category in the case of a company with profitable operations. If the IPO-bound company does not fulfill this criterion, only 10% of shares are reserved for retail investors.
Employee – Shares reserved for company employees are not part of the Net Offer and there may additionally be a discount on offer price to encourage employees to subscribe. Investors in the employee category may also apply under the retail category in an IPO. Therefore, this category of IPO investors has a unique advantage.
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Quality Power IPO Subscription Status FAQs
When will the Quality Power IPO subscription start?
Quality Power IPO subscription starts on 14 February 2025 and ends on 18 February 2025.
How to subscribe to Quality Power IPO?
You can subscribe to the IPO through ASBA and non-ASBA options. To use ASBA, login to your bank account and apply for the IPO online. Alternatively, you can download the form online or obtain a physical form, then submit the completed form to your broker or bank.
When will Quality Power IPO be listed?
Quality Power IPO will be listed on 21 February 2025, on the BSE and NSE stock exchanges.