{"id":2630,"date":"2025-02-13T19:15:34","date_gmt":"2025-02-13T13:45:34","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=2630"},"modified":"2025-11-25T16:13:58","modified_gmt":"2025-11-25T10:43:58","slug":"quality-power-ipo-opens-on-february-14","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/quality-power-ipo-opens-on-february-14\/","title":{"rendered":"Quality Power IPO Opens on February 14; \u20b9225 Crore Fresh Issue"},"content":{"rendered":"

[vc_section el_id=”blog-inner-layout”][vc_row overlay_dotted=””][vc_column el_class=”blog_primary”][vc_row_inner][vc_column_inner][vc_column_text css=””]High-voltage electrical equipment firm <\/span>Quality Power<\/b> is set to launch its IPO on February 14, 2025. <\/span>Quality Power\u2019s IPO<\/a> launch aims to expand its business by purchasing a portion of Mehru Electrical and Mechanical Engineers Private Limited. With this IPO, the company expects to raise \u20b9858.70 crore from the market.<\/span><\/p>\n

<\/span>IPO Dates: Anchor Book, Allotment, and More<\/b><\/span><\/h2>\n

Having a comprehensive idea about the IPO dates is essential when applying for it. Here is a detailed table of the important dates of <\/span>Quality Power IPO<\/b>:<\/span><\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n
Event<\/b><\/th>\nDate<\/b><\/th>\n<\/tr>\n
Opening Date of IPO<\/span><\/th>\nFebruary 14, 2025 (Friday)<\/span><\/th>\n<\/tr>\n
IPO Closing On<\/span><\/th>\nFebruary 18, 2025 (Tuesday)<\/span><\/th>\n<\/tr>\n
Cut-off Time for UPI Mandate Confirmation<\/span><\/th>\n5 pm on February 18, 2025 (Tuesday)<\/span><\/th>\n<\/tr>\n
Basis of Allotment (BoA) Date<\/span><\/th>\nFebruary 19, 2025 (Wednesday)<\/span><\/th>\n<\/tr>\n
Initiation of Refund<\/span><\/th>\nFebruary 20, 2025 (Thursday)<\/span><\/th>\n<\/tr>\n
Demat Transfer<\/span><\/th>\nFebruary 20, 2025 (Thursday)<\/span><\/th>\n<\/tr>\n
Listing Date<\/span><\/th>\nFebruary 21, 2025 (Friday)<\/span><\/th>\n<\/tr>\n<\/thead>\n<\/table>\n

<\/span>IPO Details<\/b><\/span><\/h2>\n

Knowing the face value, issue price band, and other details of an IPO<\/a> is important before buying the shares. Here is a complete table that lists every detail of the <\/span>Quality Power IPO:<\/span><\/p>\n\n\n\n\n\n\n\n\n\n
Face Value<\/span><\/th>\n\u20b910 per share<\/span><\/th>\n<\/tr>\n
Issue Price Band<\/span><\/th>\n\u20b9401 to \u20b9425 per share<\/span><\/th>\n<\/tr>\n
Fresh Issue<\/span><\/th>\n52,94,118 shares (aggregating up to \u20b9225.00 Crores)<\/span><\/th>\n<\/tr>\n
Offer for Sale Size<\/span><\/th>\n1,49,10,500 shares of \u20b910 (aggregating up to \u20b9633.70 Crores)<\/span><\/th>\n<\/tr>\n
Total Issue Size<\/span><\/th>\n2,02,04,618 shares (aggregating up to \u20b9858.70 Crores)<\/span><\/th>\n<\/tr>\n
Issue Type<\/span><\/th>\nBook Built Issue IPO<\/span><\/th>\n<\/tr>\n
Listing At<\/span><\/th>\nBombay Stock Exchange (BSE), National Stock Exchange (NSE)<\/span><\/th>\n<\/tr>\n<\/thead>\n<\/table>\n

<\/span>Lot Size of Quality Power IPO Allotment<\/b><\/span><\/h2>\n

The lot size is an essential component of <\/span>IPO details, denoting the minimum number of shares that an investor can buy. Look at the below table that highlights the lot size of the <\/span>IPO allotment of Quality Power:<\/span><\/p>\n\n\n\n\n\n\n\n\n
Application<\/b><\/th>\nLots<\/b><\/th>\nShares<\/b><\/th>\nAmount<\/b><\/th>\n<\/tr>\n
Retail (Min)<\/span><\/th>\n1<\/span><\/th>\n26<\/span><\/th>\n\u20b911,050<\/span><\/th>\n<\/tr>\n
Retail (Max)<\/span><\/th>\n18<\/span><\/th>\n458<\/span><\/th>\n\u20b91,98,900<\/span><\/th>\n<\/tr>\n
B-HNI (Min)<\/span><\/th>\n91<\/span><\/th>\n2,366<\/span><\/th>\n\u20b910,05,550<\/span><\/th>\n<\/tr>\n
S-HNI (Min)<\/span><\/th>\n19<\/span><\/th>\n494<\/span><\/th>\n\u20b92,09,950<\/span><\/th>\n<\/tr>\n
S-HNI (Max)<\/span><\/th>\n90<\/span><\/th>\n2,340<\/span><\/th>\n\u20b99,94,500<\/span><\/th>\n<\/tr>\n<\/thead>\n<\/table>\n

<\/span>Company Overview<\/b><\/span><\/h2>\n

Quality Power Electrical Equipments Limited<\/a> offers high-voltage electrical equipment solutions for grid connectivity electricity. Established in 2001, it specialises in offering products related to power supply in the transmission, distribution, and automation industries.\u00a0<\/span><\/p>\n

Additionally, they also offer solutions for large-scale renewables. As of March 2024, Quality Power employs around 372 contractual and 163 full-time employees. Below are the products that Quality Power Electrical Equipments Limited manufactures:<\/span><\/p>\n