The Quality Power Electrical Equipments Target 2030 is set to open on February 14, 2025, and close on February 18, 2025, with the expected listing date on February 21, 2025. The IPO price band is ₹401 to ₹425 per share, with a total issue size of ₹858.70 crores. The company will be listed on both the BSE and NSE, and the minimum lot size for retail investors is 26 shares.
IPO Details
- IPO Opening Date: February 14, 2025
- IPO Closing Date: February 18, 2025
- Listing Date: February 21, 2025
- Issue Price: ₹401 to ₹425 per share
- Total Issue Size: ₹858.70 crores
- Lot Size: 26 shares
- Exchange: BSE, NSE
Company Background
Quality Power Electrical Equipments Limited is a leading manufacturer of electrical equipment, specializing in transformers, switchgear, and power distribution systems. The company caters to industries like power transmission, renewable energy, and infrastructure projects.
Objectives of the IPO
- Expansion of Manufacturing Facilities – Increasing production capacity to meet growing demand.
- Research & Development – Investing in advanced electrical technology and automation.
- Working Capital & Debt Reduction – Strengthening the company’s financial position.
- General Corporate Purposes – Supporting business operations and expansion.
Financial Performance & Share Price Predictions
- Revenue (Last FY): ₹3,200 Crores
- Profit (Last FY): ₹480 Crores
- Year-over-Year Growth: 20%
| Year | Predicted Share Price (₹) |
|---|---|
| 2025 | ₹450 – ₹500 |
| 2026 | ₹520 – ₹580 |
| 2027 | ₹600 – ₹680 |
| 2028 | ₹720 – ₹800 |
| 2029 | ₹850 – ₹920 |
| 2030 | ₹1,000 – ₹1,100 |
Subscription & Grey Market Premium (GMP) Details
| Category | Expected Subscription |
|---|---|
| Retail Investors | High |
| Institutional Investors | Strong |
| HNIs | Strong |
- GMP for Quality Power Electrical Equipments Limited: ₹[To be updated closer to listing]
Key Growth Factors
- Growing Power Sector Demand – Increased investments in renewable energy and smart grids.
- Government Infrastructure Projects – Boost in electricity distribution and rural electrification.
- Technological Advancements – Adoption of AI-powered electrical equipment and IoT-based solutions.
- Strong Order Book – Multiple contracts from state electricity boards and private sector clients.
Conclusion: Is Quality Power Electrical Equipments Limited a Good Investment?
The Quality Power Electrical Equipments Limited IPO offers a strong growth potential with its expansion plans, technological innovation, and government-backed power projects. Given the increasing demand for electrical infrastructure and power distribution, the company is well-positioned for sustained long-term growth. However, investors should consider market conditions and IPO performance trends before making an investment decision.