{"id":6207,"date":"2025-02-12T13:14:31","date_gmt":"2025-02-12T07:44:31","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=6207"},"modified":"2025-02-14T08:39:32","modified_gmt":"2025-02-14T03:09:32","slug":"details-of-quality-power-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/details-of-quality-power-ipo\/","title":{"rendered":"Details of Quality Power Electrical Equipments IPO : Lot Size, Check Issue Date, Price"},"content":{"rendered":"\n<p><strong>Quality Power Electrical Equipments<\/strong> <strong>IPO Price: <\/strong>\u20b9401 to \u20b9425 per share<strong><br>IPO Dates:<\/strong> 14 February 2025 &#8211; 18 February 2025<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:35%\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"772\" height=\"775\" src=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/02\/Quality-Power-Electrical-Equipments-logo.png\" alt=\"Quality Power Electrical Equipments IPO\" class=\"wp-image-6208\" style=\"width:179px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/02\/Quality-Power-Electrical-Equipments-logo.png 772w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/02\/Quality-Power-Electrical-Equipments-logo-300x300.png 300w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/02\/Quality-Power-Electrical-Equipments-logo-150x150.png 150w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/02\/Quality-Power-Electrical-Equipments-logo-768x771.png 768w\" sizes=\"(max-width: 772px) 100vw, 772px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:65%\">\n<h2 class=\"wp-block-heading\"><strong>Company Overview<\/strong><\/h2>\n\n\n\n<p>Incorporated in 2001, Quality Power Electrical Equipments Limited is a key player in the energy transition equipment and power technology sector. The company specializes in manufacturing high-voltage electrical equipment and solutions that enable grid connectivity and energy transition. With a strong foothold in power generation, transmission, distribution, and automation, it provides advanced power products essential for modernizing electrical networks.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Product Portfolio<\/strong><\/h2>\n\n\n\n<p>Quality Power offers a diverse range of power products and quality systems designed to enhance energy efficiency and grid stability.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Power Products:<\/strong> Reactors, transformers, line traps, instrument transformers, line tuners, metal-enclosed capacitor banks, and composite solutions.<\/li>\n\n\n\n<li><strong>Power Quality Systems:<\/strong> Static VAR compensators (SVCs), STATCOMs, harmonic filters, capacitor banks, and shunt reactors. These solutions play a crucial role in integrating renewable energy sources into power grids and ensuring reliable power transmission.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Manufacturing &amp; Global Presence<\/strong><\/h2>\n\n\n\n<p>The company operates two advanced manufacturing facilities located in Sangli, Maharashtra, and Aluva, Kerala. In 2011, it expanded its global footprint by acquiring a 51% stake in Endoks, a Turkey-based subsidiary with expertise in design, assembly, and project management.<\/p>\n\n\n\n<p>The manufacturing operations adhere to stringent international quality standards, and its Test &amp; Research Lab in Sangli is accredited with ISO 17025:2017 by the National Accreditation Board for Testing and Calibration Laboratories (NABL). Additionally, its facilities hold ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, ensuring compliance with quality management, environmental, and occupational health standards. The company has also been recognized as a \u2018One Star Export House\u2019 by the Directorate General of Foreign Trade, reflecting its commitment to global trade.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Technological Expertise in Energy Transition<\/strong><\/h2>\n\n\n\n<p>Quality Power is among the few global manufacturers specializing in high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS). These technologies are critical for energy transition, allowing efficient transmission of renewable energy from remote locations to urban centers. HVDC enables long-distance power transfer with minimal energy loss, while FACTS devices, such as STATCOMs, ensure grid stability by managing voltage fluctuations and reactive power compensation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Competitive Strengths<\/strong><\/h2>\n\n\n\n<p>The company\u2019s strong market position is driven by several competitive advantages:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Global Energy Transition Player:<\/strong> A well-established name in power technology, catering to diverse industry segments worldwide.<\/li>\n\n\n\n<li><strong>Proven Growth and Financial Performance:<\/strong> Demonstrated track record of financial stability and business expansion.<\/li>\n\n\n\n<li><strong>Diversified Customer Base:<\/strong> Serving power utilities, industries, and renewable energy entities across multiple regions.<\/li>\n\n\n\n<li><strong>Comprehensive Product Portfolio:<\/strong> Offering end-to-end solutions for energy transition and power automation.<\/li>\n\n\n\n<li><strong>Strategic Acquisitions &amp; R&amp;D Capabilities:<\/strong> Investments in advanced research and acquisitions, including Endoks, have strengthened the company\u2019s global presence and technological edge.<\/li>\n\n\n\n<li><strong>Experienced Leadership:<\/strong> A management team with deep domain expertise in power technologies and energy transition solutions.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Workforce &amp; Customer Base<\/strong><\/h2>\n\n\n\n<p>As of March 31, 2024, the company employed 163 full-time professionals and 372 contractual workers. It has established long-term relationships with 210 customers, including major power utilities and renewable energy companies worldwide.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Contribution to Sustainability and Green Energy<\/strong><\/h2>\n\n\n\n<p>Quality Power&#8217;s solutions align with global decarbonization efforts and sustainability initiatives. Its products facilitate seamless energy transition, improve grid resilience, and support the integration of renewable energy into the power infrastructure. By offering cutting-edge technology-driven solutions, the company continues to play a pivotal role in the modernization and efficiency enhancement of electrical networks worldwide.<\/p>\n\n\n\n<div style=\"height:19px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-background has-medium-font-size\" style=\"background:linear-gradient(115deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);font-style:normal;font-weight:700\">Bidding Starts In<\/h2>\n\n\n<div\n\t\tclass=\"free align wp-block-ctb-countdown-time\"\tid='ctbCountdownTime-1'\n\tdata-nonce='&quot;1f40332ce4&quot;'\n\tdata-attributes='{&quot;destDate&quot;:&quot;2025-02-14T10:00:00&quot;,&quot;padding&quot;:{&quot;vertical&quot;:&quot;10px&quot;,&quot;horizontal&quot;:&quot;15px&quot;,&quot;side&quot;:4,&quot;top&quot;:&quot;10px&quot;,&quot;right&quot;:&quot;15px&quot;,&quot;bottom&quot;:&quot;10px&quot;,&quot;left&quot;:&quot;15px&quot;},&quot;shadow&quot;:{&quot;hOffset&quot;:&quot;1px&quot;,&quot;color&quot;:&quot;rgba(204, 31, 31, 1)&quot;},&quot;boxBG&quot;:{&quot;type&quot;:&quot;solid&quot;,&quot;color&quot;:&quot;var(--ast-global-color-5)&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg,rgb(254,209,199) 45%,rgb(254,141,198) 100%)&quot;},&quot;boxBorder&quot;:{&quot;radius&quot;:&quot;5%&quot;,&quot;color&quot;:&quot;var(--ast-global-color-3)&quot;,&quot;width&quot;:&quot;3px&quot;},&quot;boxShadow&quot;:{&quot;color&quot;:&quot;rgba(57, 64, 67, 1)&quot;,&quot;hOffset&quot;:&quot;2px&quot;,&quot;vOffset&quot;:&quot;2px&quot;,&quot;blur&quot;:&quot;10px&quot;,&quot;spreed&quot;:&quot;2px&quot;},&quot;digitColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;labelColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;isSep&quot;:true,&quot;sepSize&quot;:68,&quot;sepColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;align&quot;:&quot;&quot;,&quot;layout&quot;:&quot;default&quot;,&quot;isResponsive&quot;:true,&quot;boxIsInline&quot;:false,&quot;boxPosition&quot;:&quot;center&quot;,&quot;isLabels&quot;:true,&quot;isDays&quot;:true,&quot;daysLabel&quot;:&quot;Days&quot;,&quot;isHours&quot;:true,&quot;hoursLabel&quot;:&quot;Hours&quot;,&quot;isMinutes&quot;:true,&quot;minutesLabel&quot;:&quot;Minutes&quot;,&quot;isSeconds&quot;:true,&quot;secondsLabel&quot;:&quot;Seconds&quot;,&quot;isExpired&quot;:false,&quot;hideOn0&quot;:false,&quot;hideOnMobile&quot;:false,&quot;hideOnTablet&quot;:false,&quot;prefixSuffixDirection&quot;:&quot;row&quot;,&quot;prefixText&quot;:&quot;&quot;,&quot;suffixButtonText&quot;:&quot;&quot;,&quot;suffixButtonUrl&quot;:&quot;#&quot;,&quot;addID&quot;:&quot;&quot;,&quot;addClass&quot;:&quot;&quot;,&quot;addCSS&quot;:&quot;&quot;,&quot;width&quot;:&quot;0px&quot;,&quot;background&quot;:{&quot;color&quot;:&quot;#0000&quot;},&quot;alignment&quot;:&quot;center&quot;,&quot;boxWidth&quot;:&quot;170px&quot;,&quot;boxHeight&quot;:&quot;120px&quot;,&quot;boxSpace&quot;:&quot;30px&quot;,&quot;digitTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;48px&quot;,&quot;tablet&quot;:&quot;40px&quot;,&quot;mobile&quot;:&quot;32px&quot;}},&quot;labelTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;18px&quot;,&quot;tablet&quot;:&quot;17px&quot;,&quot;mobile&quot;:&quot;16px&quot;}},&quot;isDaysSingleStyle&quot;:false,&quot;daysBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;daysDigitColor&quot;:&quot;#fff&quot;,&quot;daysLabelColor&quot;:&quot;#fff&quot;,&quot;isHoursSingleStyle&quot;:false,&quot;hoursBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;hoursDigitColor&quot;:&quot;#fff&quot;,&quot;hoursLabelColor&quot;:&quot;#fff&quot;,&quot;isMinutesSingleStyle&quot;:false,&quot;minutesBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;minutesDigitColor&quot;:&quot;#fff&quot;,&quot;minutesLabelColor&quot;:&quot;#fff&quot;,&quot;isSecondsSingleStyle&quot;:false,&quot;secondsBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;secondsDigitColor&quot;:&quot;#fff&quot;,&quot;secondsLabelColor&quot;:&quot;#fff&quot;,&quot;sepType&quot;:&quot;:&quot;,&quot;prefixTextTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;15px&quot;}},&quot;prefixTextColor&quot;:&quot;#222&quot;,&quot;suffixButtonTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;16px&quot;}},&quot;suffixButtonColors&quot;:{&quot;color&quot;:&quot;#fff&quot;,&quot;bg&quot;:&quot;#222&quot;},&quot;suffixButtonPadding&quot;:{&quot;vertical&quot;:&quot;14px&quot;,&quot;horizontal&quot;:&quot;28px&quot;},&quot;isDismiss&quot;:false,&quot;dismissColor&quot;:&quot;#333&quot;}'\n\tdata-content='&quot;&quot;'\n><\/div>\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<div class=\"wp-block-buttons alignfull is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-03627597 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100 has-custom-font-size is-style-fill has-medium-font-size\"><a class=\"wp-block-button__link has-ast-global-color-5-color has-text-color has-link-color wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" style=\"border-width:18px;border-radius:32px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--50)\" target=\"_blank\" rel=\"https:\/\/lakshmishree.com\/ipo\/ noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Quality Power Electrical Equipments IPO<\/strong> Specifics:<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>February 14, 2025\u00a0to\u00a0February 18, 2025<\/td><\/tr><tr><td>Listing Date<\/td><td>Friday, February 21, 2025<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b910\u00a0per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9401 to \u20b9425 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>26 Shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>2,02,04,618\u00a0shares<br>(aggregating up to \u20b9858.70\u00a0Cr)<\/td><\/tr><tr><td>Fresh Issue<\/td><td>52,94,118\u00a0shares<br>(aggregating up to \u20b9225.00\u00a0Cr)<\/td><\/tr><tr><td>Offer For Sale<\/td><td>1,49,10,500\u00a0shares<br>(aggregating up to \u20b9633.70\u00a0Cr)<\/td><\/tr><tr><td>Issue Type<\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share Holding Pre Issue<\/td><td>7,21,50,000\u00a0shares<\/td><\/tr><tr><td>Share Holding Post Issue<\/td><td>7,74,44,118\u00a0shares<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Quality Power Electrical Equipments IPO<\/strong> Timetable (Important Dates)<\/h2>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Friday, February 14, 2025<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Tuesday, February 18, 2025<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Wednesday, February 19, 2025<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Thursday, February 20, 2025<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Thursday, February 20, 2025<\/td><\/tr><tr><td>Listing Date<\/td><td>Friday, February 21, 2025<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on\u00a0February 18, 2025<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Quality Power Electrical Equipments IPO<\/strong> Lot Size<\/h2>\n\n\n\n<p>Bidders have the opportunity to bid for a minimum of 26 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>26<\/td><td>\u20b911,050<\/td><\/tr><tr><td>Retail (Max)<\/td><td>18<\/td><td>468<\/td><td>\u20b91,98,900<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>19<\/td><td>494<\/td><td>\u20b92,09,950<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>90<\/td><td>2,340<\/td><td>\u20b99,94,500<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>91<\/td><td>2,366<\/td><td>\u20b910,05,550<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Quality Power Electrical Equipments IPO<\/strong> Reservation<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>QIB Shares Offered<\/td><td>Not more than 75% of the Net offer<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 10% of the Offer<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Offer<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Quality Power Electrical Equipments<\/strong> <strong>Limited IPO Financial Information<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2022<\/th><th>31 Mar 2023<\/th><th>31 Mar 2024<\/th><th>30 Sep 2024<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>252.86<\/td><td>312.24<\/td><td>358.88<\/td><td>399.64<\/td><\/tr><tr><td>Revenue<\/td><td>211.73<\/td><td>273.55<\/td><td>331.4<\/td><td>182.72<\/td><\/tr><tr><td>Profit After Tax<\/td><td>42.23<\/td><td>39.89<\/td><td>55.47<\/td><td>50.08<\/td><\/tr><tr><td>Net Worth<\/td><td>160.29<\/td><td>175.66<\/td><td>190.33<\/td><td>238.63<\/td><\/tr><tr><td>Reserves and Surplus<\/td><td>149.76<\/td><td>153.86<\/td><td>162.56<\/td><td>150.43<\/td><\/tr><tr><td>Total Borrowing<\/td><td>11.52<\/td><td>10.61<\/td><td>38.28<\/td><td>25.55<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">1<small>Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator &#8211; <strong>Quality Power Electrical Equipments IPO<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>Market Cap<\/td><td>\u20b9 3,291.38 Cr<\/td><\/tr><tr><td>EPS<\/td><td>\u20b97.69<\/td><\/tr><tr><td>P\/E (x)<\/td><td>55.28<\/td><\/tr><tr><td>ROE<\/td><td>29.15%<\/td><\/tr><tr><td>ROCE<\/td><td>19.20%<\/td><\/tr><tr><td>Debt\/Equity<\/td><td>0.20<\/td><\/tr><tr><td>RoNW<\/td><td>29.15%<\/td><\/tr><tr><td>PAT Margin<\/td><td>16.74<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><sub><sup>as of Mar 31, 2024<\/sup><\/sub><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p>The net proceeds from the fresh issue are planned to be utilized for the following purposes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Payment towards the acquisition of Mehru Electrical and Mechanical Engineers Private Limited.<\/li>\n\n\n\n<li>Funding capital expenditure for the purchase of plant and machinery.<\/li>\n\n\n\n<li>Supporting inorganic growth through future acquisitions and strategic initiatives.<\/li>\n\n\n\n<li>General corporate purposes.<\/li>\n<\/ul>\n\n\n\n<p>The company will not receive any proceeds from the Offer for Sale, and these funds will not be included in the net proceeds.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-left is-layout-flex wp-container-core-group-is-layout-7aba0d93 wp-block-group-is-layout-flex\" style=\"padding-top:0;padding-bottom:0\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-eee74bd2ac731237557fc52053098dfc\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/sep-2024\/quality-power-electrical-equipments-limited_86877.html\" target=\"_blank\" rel=\"noreferrer noopener\">Quality Power Electrical Equipments Limited IPO DRHP.<\/a><\/p>\n\n\n\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-8ae243cac1d0ae58531e00357204211d\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/feb-2025\/quality-power-electrical-equipments-limited-rhp_91767.html\" target=\"_blank\" rel=\"noreferrer noopener\">Quality Power Electrical Equipments Limited IPO RHP<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quality Power Electrical Equipments IPO Price: \u20b9401 to \u20b9425 per shareIPO Dates: 14 February 2025 &#8211; 18 February 2025 Company Overview Incorporated in 2001, Quality Power Electrical Equipments Limited is a key player in the energy transition equipment and power technology sector. The company specializes in manufacturing high-voltage electrical equipment and solutions that enable grid [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[55],"tags":[161,162],"class_list":["post-6207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-news","tag-ipo","tag-upcoming-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/6207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=6207"}],"version-history":[{"count":3,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/6207\/revisions"}],"predecessor-version":[{"id":6249,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/6207\/revisions\/6249"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/6209"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=6207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=6207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=6207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}