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Quality Power Electrical Equipments Ltd

Quality Power Electrical Equipments Ltd

    Registered Office : PLOT No L-61,MIDC Kupwad Block,Sangli Maharashtra 416436 Phone : 91-233-264 5432
    Fax :

    Email : investorgrievance@qualitypower.co.in

    Website : www.qualitypower.com

Initial public offering of 20,204,600* equity shares of face value of Rs. 10/- each ("Equity Shares") of Quality Power Electrical Equipments Limited ("the Company" or the "Issuer") for cash at a price of Rs. 425.00* per equity share (including a premium of Rs. 415.00 per equity share) ("Offer Price") aggregating to Rs. 858.70* crores ("Offer") the offer comprises of a fresh issue of 5,294,100 equity shares aggregating to Rs. 225.00 crores (the "Oresh Issue") and an offer for sale of 14,910,500 equity shares aggregating to Rs. 633.70* crores by Chitra Pandyan (the "Promoter Selling Shareholder") (the "Offer for Sale") the offer will constitute 26.09 % of the post-offer paid-up equity share capital. The face value of the equity share is Rs. 10/- each and the offer price is 42.50 times the face value of the equity shares * Subject to finalization of the basis of allotmen.

Issue

Opens On

Closes On

14-Feb-2025

18-Feb-2025

Money Payable On

Application

Allotment

425.00

0.00

Minimum Application for shares in Nos : 26.0 Further Multiples of : 26.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

205.39

858.70

77.44

425.00

Pantomath Capital Advisors Pvt Ltd

Projects
  • Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Pvt Ltd
  • Funding capital exp requirements of the company for purchase plant and machinery
  • General corporate purposes
Promoted By
  • Thalavaidurai Pandyan
  • Chitra Pandyan
  • Bharanidharan Pandyan
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • MUFG Intime India Pvt Ltd