Quality Power Electrical Equipments Limited IPO has a Grey Market Premium of ₹28 as of February 13, 2025, with a price range of ₹401 to ₹425 per share. Offering lots of 26 shares, the subscription window is open from February 14 to February 18, 2025.
Quality Power Electrical Equipments Limited IPO GMP Today
The Grey Market Premium (GMP) for Quality Power Electrical Equipments Limited is ₹28 as of February 13, 2025. This assessment coincides with a price of ₹401 to ₹425 per share for the IPO.
Quality Power Electrical Equipments Limited IPO Review
Quality Power Electrical Equipments Limited has demonstrated consistent financial growth. As of September 30, 2024, total assets reached ₹399.64 crore, up from ₹252.86 crore in March 2022. Revenue stood at ₹182.72 crore for the six-month period, following ₹331.4 crore in March 2024, highlighting strong business momentum.
The company’s net worth rose to ₹238.63 crore by September 2024, supported by increasing profitability. Profit after tax stood at ₹50.08 crore for the half-year, following ₹55.47 crore in March 2024. While borrowings declined to ₹25.55 crore from ₹38.28 crore, reserves and surplus remained strong at ₹150.43 crore.
To get a full IPO review, click here Quality Power Electrical Equipments IPO
Quality Power Electrical Equipments Limited IPO Date
Quality Power Electrical Equipments Limited will accept subscriptions from February 14 to February 18, 2025.
Quality Power Electrical Equipments Limited IPO Price
Quality Power Electrical Equipments Limited’s price range is ₹401 to ₹425 per share with a face value of ₹10 each.
Quality Power Electrical Equipments Limited
Quality Power Electrical Equipments Limited, incorporated in 2001, specializes in energy transition equipment and power technologies. The company provides high-voltage solutions for grid connectivity, manufacturing reactors, transformers, and converters. With facilities in Maharashtra and Kerala, it serves 210 customers globally, including power utilities and renewable energy entities.
How To Apply For Quality Power Electrical Equipments Limited IPO?
To apply for the Quality Power Electrical Equipments Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Quality Power Electrical Equipments Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Quality Power Electrical Equipments Limited IPO at Alice Blue in just a few clicks!
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.