|
Issue Open Date
|
14-Feb-25
|
|
Issue Closing Date
|
18-Feb-25
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|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
401
-
425
|
|
Minimium Application No.
|
26
|
|
Issue Size (Shares)
|
11112530
|
|
Market Lot
|
1
|
|
|
|
Objective
|
1. Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited;2. Funding capital expenditure requirements of our Company for purchase plant and machinery; and3. Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
3030690
|
4395768
|
1.4504182215931
|
Qualified Institutional Buyers
|
6061380
|
6234956
|
1.02863638313387
|
Retail Individual Investors
|
2020460
|
3700606
|
1.83156607901171
|
|
|
|
Business Description
We are an Indian player serving global clients in critical energy transition equipment and power technologies. We provide high voltage electrical equipment and solutions for electrical grid connectivity and energy transition. We are a technology-driven company specializing in the provision of power products and solutions across power generation, transmission, distribution, and automation sectors. Additionally, we offer equipment and solutions tailored for emerging applications such as large-scale renewables.
|
|
Promoter's Holding
|
|
Total Share Capital
|
72149960
|
|
Offered to Public
|
11112530
|
|
Promoter's Holding (Pre-Issue)
|
99.99
|
|
Promoter's Holding (Post-Issue)
|
73.91
|
|
|
|
|
|
|
|
Address |
Plot No. L-61 M. I. D. C Kupwad Block
Sangli,
Maharashtra,
416436
Phone : 0233 2645432
Email : investorgrievance@qualitypower.co.in
Website : www.qualitypower.com
|
|
Registrar |
MUFG Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
|
|
Listed at |
BSE, NSE
|
|
Lead Manager |
Pantomath Capital Advisors Pvt Ltd.
|
|
Promoters |
Bharanidharan Pandyan Chitra Pandyan Pandyan Family Trust Thalavaidurai Pandyan
|
|