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Quality Power Electrical Equipments Limited IPO

Quality Power Electrical Equipments are an Indian player who serves global customers in important energy transition tools and power technologies. They provide electrical appliances and solutions for high voltage for electric network connections and energy infections. They are a technology -driven company that specializes in the delivery of power products and solutions in power generation, transfer, distribution and automation. Their portfolio of high voltage products and solutions is important to promote and modernize the electrical network.  Their techniques are designed to increase the reliability and performance of the web by providing important help to Power Grid Management Total Network Stability. Engineers ensure optimal efficiency and flexibility to meet the demands for demand in modern electrical infrastructure.

Company Promoters

• Thalavaidurai Pandyan,
• Chitra Pandyan
• Bharanidharan Pandyan
• Pandyan Family Trust

Objects of this 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
• General Corporate Purposes.

Financial Information of the Company:

	Amount in Million (Rs.)
	As on 31 Mar 2024	As on 31 Mar 2023	As on 31 Mar 2022
Total Assets	3,588.84	3,122.39	2,528.56
Total Liabilities	1,685.59	1,365.82	925.63
Net Profit	554.74	398.92	422.27

 

Quality Power Electrical Equipment Limited IPO Schedule

1.     Bid or Offer Opens on: 14 February 2025
2.     Bid or Offer Closes on: 18 February 2025
3.     Tentative Allotment: 19 February 2025
4.     Initiation of Refunds: 20 February 2025
5.     Credit of share to Demat account: 20 February 2025
6.     Tentative Listing Date: 21 February 2025

Quality Power Electrical Equipments Limited IPO Lot Size

The market lot size for the QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED IPO is 1 share.

Application		Lots	Shares	Amount
Retail	Minimum	1	26	₹11,050
	Maximum	18	468	₹1,98,900
S-HNI	Minimum	19	494	₹2,09,950
S-HNI	Maximum	90	2,340	₹9,94,500
B-HNI	Minimum	91	2,366	₹10,05,550

 

Company Contact Details:

Hexaware Technologies Limited

PlotNo. L-61, M.I.D.C KupwadBlock, Sangli–416 436 Maharashtra, India
Phone: + 91 233 264 5432
Email:  investorgrievance@qualitypower.co.in
Website: www.qualitypower.com

Quality Power Electrical Equipments Limited IPO Registrar Details:
MUFG Intime India Private Limited

C 101, 1stFloor, 247 ParkL.B.S. Marg, Vikhroli
WestMumbai –400 083, Maharashtra

Phone: +91 810 811 4949
Email: qualitypower.ipo@linkintime.co.in
Website: www.linkintime.co.in