Quality Power Electrical Equipments Limited IPO
Quality Power Electrical Equipments Limited was a mainboard IPO in the Heavy Electrical Equipment sector, offered at ₹401–₹425 per share to raise ₹859 crore. The issue was subscribed 1.29× overall (QIBs 1.03×, NIIs 1.45×, retail 1.83×). It listed on 24 Feb 2025 at ₹430 and closed its first day at ₹388, a listing loss of -8.7% versus the ₹425 issue price. It now trades around ₹1,395 (+228.3% versus the issue price).
Frequently asked questions
- How many times was the Quality Power Electrical Equipments Limited IPO subscribed?
- The Quality Power Electrical Equipments Limited IPO was subscribed 1.29× overall — 1.03× in the QIB category, 1.45× among non-institutional investors, 1.83× in retail.
- What were the Quality Power Electrical Equipments Limited IPO listing gains?
- Quality Power Electrical Equipments Limited listed on 24 Feb 2025 at ₹430, closing its first day at ₹388 — a listing loss of -8.7% versus the ₹425 issue price.
- What were the retail allotment odds for the Quality Power Electrical Equipments Limited IPO?
- Retail was subscribed 1.83×, so a single-lot application had roughly a 54.6% chance of allotment (about 1 in 2), and allotment was finalised on 20 Feb 2025.
- What was the price band and lot size of the Quality Power Electrical Equipments Limited IPO?
- The price band was ₹401–₹425 per share, with a minimum lot of 26 shares (₹11,050 at the upper band).
- Who were the registrar and lead manager for the Quality Power Electrical Equipments Limited IPO?
- MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) was the registrar, and Pantomath Capital Advisors was the book-running lead manager.