Plot No. L-61,
M.I.D.C, Kupwad Block,
Sangli – 416 436
Phone: + 91 233 264 543
Email: investorgrievance@qualitypower.co.in
Website: http://www.qualitypower.com/
Last updated on 18-Feb-2025 19:01:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 6061380 | 6234956 | 1.03 |
| HNIs | 3030690 | 4395768 | 1.45 |
| HNIs 10+ | 2020460 | 3598608 | 1.78 |
| HNIs 2+ | 1010230 | 797160 | 0.79 |
| Retail | 2020460 | 3700606 | 1.83 |
| Total | 11112530 | 14331330 | 1.29 |
Application-Wise Breakup (Approx. no. of Apps) | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 4090 | 902 | 0.22 |
| HNIs (2-10L) | 2045 | 1452 | 0.71 |
| Retail | 77710 | 100479 | 1.29 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIBs | 257.61 | 264.99 | 1.03 |
| FIIs | - | 144.38 | - |
| DIIs | - | 0.02 | - |
| Mutual funds | - | 0 | - |
| Others | - | 120.59 | - |
| HNIs | 128.8 | 186.82 | 1.45 |
| HNIs 10+ | 85.87 | 152.94 | 1.78 |
| HNIs 2+ | 42.93 | 33.88 | 0.79 |
| Retail | 85.87 | 157.28 | 1.83 |
| Total | 472.28 | 609.08 | 1.29 |
| QIB Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.6 | @8% ₹0.7 | @9% ₹0.8 | @10% ₹0.8 | @11% ₹0.9 | @12% ₹1 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 26 | 11050 | 77710 |
| sHNI | 19 | 494 | 209950 | 2045 |
| bHNI | 91 | 2366 | 1005550 | 4090 |
Quality Power IPO Details
| Issue Size | Up to 20204618 equity shares aggregating up to ₹858.7 crores. |
| Fresh Issue | Up to 5294118 equity shares aggregating up to ₹ 225 crores. |
| Offer For Sale | Up to 14910500 equity shares aggregating up to ₹633.7 crores. |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE,BSE |
| Share holding pre issue | 7,21,50,000 shares |
| Share holding post issue | 7,74,44,118 shares |
Quality Power IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Offer |
| Retail Shares Offered | Not less than 10% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
Key Performance Indicator
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 20.99% | 29.15% | 22.71% |
| ROCE | 15.84% | 19.20% | 22.32% |
| RONW | 20.99% | 29.15% | 22.71% |
| D/E | 0.1 | 0.2 | 0.06 |
| EPS (basic) | 4.56 | 5.19 | 2.86 |
| P/E Pre IPO | 55.28 | ||
| P/E Post IPO | 32.86 |
Company Financials In Crores
| Period Ended | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 400 | 359 | 312 | 253 |
| Revenue | 183 | 331 | 274 | 212 |
| Profit After Tax | 50 | 55 | 40 | 42 |
| Net Worth | 239 | 190 | 176 | 160 |
| Reserves and Surplus | 150 | 163 | 154 | 150 |
| Total Borrowing | 26 | 38 | 11 | 12 |
About Company
Incorporated in 2001, Quality Power Electrical Equipments Limited specializes in high-voltage electrical equipment and power technologies, supporting energy transition and grid connectivity. The company provides a diverse range of power products across generation, transmission, distribution, and automation sectors, including reactors, transformers, converters, line traps, instrument transformers, and composite materials. It also offers Power Quality Systems like Static VAR compensators, STATCOMs, harmonic filters, and capacitor banks. With manufacturing facilities in Sangli, Maharashtra, and Aluva, Kerala, and a strategic 51% acquisition of Turkey-based Endoks in 2011, the company serves 210 customers worldwide, including power utilities, industries, and renewable energy entities. As of March 31, 2024, the company employs 163 full-time staff and 372 contractual workers, leveraging over two decades of industry experience to enable energy transition from renewable sources to power grids.
Strength
Strong Position in Energy Transition – A global player in power technologies, supporting decarbonization and renewable energy integration with high-voltage solutions like HVDC and FACTS.
Proven Growth & Financial Performance – Over 20 years of experience with consistent expansion, a robust product portfolio, and strategic acquisitions like Endoks, enhancing global reach.
Diversified & Long-Term Customer Base – Serves 210 global clients, including power utilities, industries, and renewable energy firms, fostering strong, lasting business relationships.
Weakness
High Dependence on Overseas Revenue – Over 64% of revenue comes from international markets, exposing the company to geopolitical, economic, and regulatory risks that could impact growth and profitability.
Market Dependency on HVDC & FACTS – Business performance is tied to the demand for HVDC and FACTS, which is influenced by external social, economic, and regulatory factors beyond the company's control.
Operational Risks & Facility Disruptions – Any breakdown, shutdown, or disruption at manufacturing facilities could significantly impact production, financial performance, and overall business operations.