243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Quality Power Electrical Equipments Limited

Sangli

Date of DRHP : 16 Sep 2024

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

Quality Power Basic Details

   Electric Equipments

Sub Sector: Manufacturing of Power Electrical Equipments

About the Company

Quality Power Electrical Equipments is an Indian player serving global clients in critical energy transition equipment and power technologies. Quality Power Electrical Equipments provide high voltage electrical equipment and solutions for electrical grid connectivity and energy transition. Quality Power Electrical Equipments is a technology-driven company specializing in the provision of power products and solutions across power generation, transmission, distribution, and automation sectors. Additionally, Quality Power Electrical Equipments offer equipment and solutions tailored for emerging applications such as large-scale renewables. Their manufacturing facilities adhere to the quality standards required by theirglobal conglomerate clientele, including those listed on the Fortune 500. Additionally, the Company’s Test & Research Lab in Sangli holds ISO 17025:2017 accreditation from the National Accreditation Board for Testing and Calibration Laboratories (“NABL”), certifying it as an independent test laboratory that complies with both Indian and international standards for systems up to 765kV. Quality Power Electrical Equipments is among the few global manufacturers of critical high voltage equipment for High Voltage Direct Current ("HVDC”) and Flexible AC Transmission Systems (“FACTS”) networks. These equipment and networks form key components for energy transition from renewable sources to traditional power grids. With over two decades of experience in the energy transition space, Quality Power Electrical Equipments provide an extensive range of products crucial for effective power transmission and advanced power automation. theirofferings include reactors, transformers, line traps, instrument transformers, capacitor banks, converters, harmonic filters, and reactive power compensation systems. Additionally, theirgrid interconnection solutions feature technologies such as STATCOM and static var compensator systems (“SVC”). theirdomestic and global footprint allows us to cater to both Indian and global customer bases.

Financial Summary (Annualised Basis)

Revenue :
331.40 Cr.

PAT :
55.47 Cr.

Quality Power IPO Lead Manager(s)

Pantomath Capital Advisors Private Limited

Quality Power IPO Registrar

Link Intime India Private Limited

Quality Power DRHP Details

Objects of issue

  • Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited;
  • Funding capital expenditure requirements of Company's for purchase plant and machinery
  • Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.

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FAQs

Quality Power Electrical Equipments operates in Electric Equipments and Manufacturing of Power Electrical Equipments. The Issue would be listed on MainBoard. The registrar of the Issue is Link Intime India Private Limited. The IPO type of Quality Power Electrical Equipments is Book Building Process and Object of issue is

  • Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited;
  • Funding capital expenditure requirements of Company's for purchase plant and machinery
  • Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.

The DRHP (Draft Red Herring Prospectus) of Quality Power Electrical Equipments IPO was filed on 16 Sep 2024.

No, Quality Power Electrical Equipments IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Quality Power Electrical Equipments are not available now. You can apply in Quality Power Electrical Equipments IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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