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Quality Power Electrical Equipments IPO Day 3: Quality Power Electrical Equipments shares get subscribed 1.29x times on day 3!

Quality Power Electrical Equipments IPO saw strong Day 3 subscriptions, with QIBs at 1.03x, NIIs at 1.45x, and RIIs at 1.83x, totaling 1.29x subscription.
Quality Power Electrical Equipments Limited IPO saw 1.29x subscription on Day 3.
Quality Power Electrical Equipments Limited IPO saw 1.29x subscription on Day 3.

Quality Power Electrical Equipments IPO saw strong subscription on Day 3, with Qualified Institutional Buyers (QIBs) subscribing 1.03 times, Non-Institutional Investors (NIIs) subscribing 1.45 times, and Retail Individual Investors (RIIs) subscribing 1.83 times, bringing the total subscription to 1.29 times by Day 3.

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Quality Power Electrical Equipments Ltd IPO Subscription Status

Quality Power Electrical Equipments IPO saw a mixed subscription on Day 2. Qualified Institutional Buyers (QIBs) subscribed 0.62 times, Non-Institutional Investors (NIIs) subscribed 1.10 times, and Retail Individual Investors (RIIs) subscribed 1.07 times. Overall, the IPO was 0.83 times subscribed by the second day.

How to check Quality Power Electrical Equipments Ltd IPO Subscription Status?

Steps to check Quality Power Electrical Equipments Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Quality Power Electrical Equipments Ltd IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Quality Power Electrical Equipments Ltd IPO Allotment Status

The allotment date for the Quality Power Electrical Equipments Ltd IPO is set for February 19, with shares priced from ₹401 to ₹425 per share and a face value of ₹10. The offering consists of lots of 26 shares, with bids accepted for these lots or their multiples.

Quality Power Electrical Equipments Ltd IPO Listing Date 

Quality Power Electrical Equipments Ltd IPO is expected to be listed on the NSE SME on February 21, 2025.

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.

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