Quality Power Electrical Equipments IPO Details, Financials, Valuation & Peers
Explore Quality Power Electrical Equipments IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Quality Power Electrical Equipments Limited is an Indian manufacturer of high-voltage electrical equipment, serving both domestic and global markets. The company specializes in power generation, transmission, distribution, and automation solutions, playing a crucial role in energy transition and grid modernization. With a strong focus on technology and innovation, it provides critical solutions for integrating renewable energy into traditional power grids. The company is among the few global manufacturers of high-voltage equipment for HVDC (High Voltage Direct Current) and FACTS (Flexible AC Transmission Systems) networks, which are essential for efficient power transmission and grid stability. Its advanced product portfolio includes reactors, transformers, capacitor banks, harmonic filters, and grid interconnection solutions such as STATCOM and SVC. With manufacturing facilities in India and an international presence through its subsidiary in Turkey, the company has established a strong global footprint. It supplies products to power utilities, industries, and renewable energy companies, with a majority of its revenue coming from international markets. The company maintains high-quality standards, with NABL-accredited testing facilities and ISO certifications for quality, environmental management, and occupational safety. Recognized as a One Star Export House, it continues to expand its global reach, delivering innovative and reliable power solutions to its customers.
Key Points:
- Specializes in high-voltage electrical equipment for power generation, transmission, and distribution.
- Provides advanced solutions for energy transition, enabling efficient integration of renewable energy into power grids.
- Among the few global manufacturers of HVDC and FACTS technologies, ensuring grid stability and power quality.
- Product range includes reactors, transformers, instrument transformers, capacitor banks, harmonic filters, STATCOM, and SVC.
- Strong global presence with manufacturing facilities in India and a subsidiary in Turkey.
- Serves power utilities, industries, and renewable energy companies, with over 75% of revenue from international markets.
- NABL-accredited test and research lab ensures compliance with Indian and international standards.
Objects of the Issue
- Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited
- Funding capital expenditure requirements of the Company for purchase plant and machinery
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 14 Feb - 18 Feb 2025 |
| IPO Price Band | ₹401 - ₹425 per share |
| Fresh Issue | ₹225 crore |
| Offer For Sale | 14,910,500 shares (₹633.70 crore) |
| Total IPO Size | ₹858.70 crore |
| Face Value | ₹10 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 14 Feb 2025 |
| IPO Closing Date | 18 Feb 2025 |
| Basis Of Allotment | 19 Feb 2025 |
| Refunds | 20 Feb 2025 |
| Demat Transfer | 20 Feb 2025 |
| IPO Listing Date | 24 Feb 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| Total Income | 211.73 | 273.55 | 331.40 | 182.72 |
| Total Expenses | 162.86 | 226.10 | 268.41 | 127.64 |
| Net Profit/Loss | 42.23 | 39.89 | 55.47 | 50.08 |
| NPM (*) | 19.94 | 14.58 | 16.74 | 27.41 |
| Total Assets | 252.86 | 312.24 | 358.88 | 399.64 |
| Total Liabilities | 92.56 | 136.58 | 168.56 | 161.02 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| EPS | 2.29 | 2.86 | 5.19 | 4.56 |
| ROE (%) | 26.34 | 22.71 | 29.15 | 20.99 |
| ROCE (%) | 20.58 | 22.32 | 19.20 | 15.84 |
| D/E Ratio | 0.07 | 0.06 | 0.20 | 0.11 |
| Current Ratio | 1.98 | 1.63 | 1.40 | 1.90 |
| EBITDA MARGIN (%) | 12.76 | 12.77 | 12.68 | 20.16 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Quality Power Electrical Equipments Limited | 300.60 | 81.89 | 5.19 | 29.15 | 26.38 |
| Transformers & Rectifiers (India) Limited | 1,294.68 | 251.51 | 3.24 | 8.35 | 39.49 |
| Hitachi Energy India Ltd | 5,237.49 | 308.63 | 38.64 | 12.04 | 320.86 |
| GE Vernova T&D India Limited | 3,167.91 | 241.90 | 7.07 | 14.57 | 48.54 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | Not more than 75% |
| Non-Institutional Investor (NII/HNI) | Not less than 15% |
| Retail Individual Investor (RII) | Not less than 10% |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 1.03 |
| Non-Institutional Investor (NII/HNI) | 1.45 |
| Retail Individual Investor (RII) | 1.82 |
| Total | 1.29 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Company Promoters
- THALAVAIDURAI PANDYAN
- CHITRA PANDYAN
- BHARANIDHARAN PANDYAN
- PANDYAN FAMILY TRUST
Lead Managers
- Pantomath Capital Advisors Private Limited
Company Address
Quality Power Electrical Equipments Limited
Plot No. L-61, M.I.D.C Kupwad Block, Sangli – 416 436 Maharashtra, India
Phone: + 91 233 264 5432
Email: investorgrievance@qualitypower.co.in
Website: www.qualitypower.com
FAQs
- What is the issue size of the Quality Power Electrical Equipments IPO?The Quality Power Electrical Equipments IPO has an issue size of ₹858.70 crore. This includes a fresh issue of ₹225 crore and an offer for sale (OFS) of 14,910,500 shares (₹633.70 crore).
- What is the price band of the Quality Power Electrical Equipments IPO?The price band for the Quality Power Electrical Equipments IPO is ₹401 - ₹425 per share.
- What are the bidding dates for the Quality Power Electrical Equipments IPO?The Quality Power Electrical Equipments IPO will open for bidding on 14 Feb 2025 and close on 18 Feb 2025.
- What is the allotment date for the Quality Power Electrical Equipments IPO?The allotment date for the Quality Power Electrical Equipments IPO is 19 Feb 2025.
- What is the minimum lot size and investment required for the Quality Power Electrical Equipments IPO?The minimum lot size for the Quality Power Electrical Equipments IPO is 26 shares and the minimum investment required is ₹11,050.
- What is the listing date for the Quality Power Electrical Equipments IPO?The listing date for the Quality Power Electrical Equipments IPO is 24 Feb 2025.
- What is the Quality Power Electrical Equipments IPO grey market premium?The grey market premium (GMP) for the Quality Power Electrical Equipments IPO is currently at ₹5, with an expected listing gain of approximately 1.18%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.