- Price Band Fixed at ₹ 401 to ₹ 425 Per Equity Share of Face Value of ₹ 10 Each (“Equity shares“)
- RHP LINK: https://pantomath-web.s3.ap-south-1.amazonaws.com/1738934165984-qualitypowerpowerpowerPDFfdf
Ahmedabad, February 11, 2025: Quality Power Electrical Equipments Limited (“QPeel” or “The Company”) Shall Open Its Bid/Offer in Relation To Its Initial Public Offer of Equity Shares on Friday, February 14, 2025.
The Anchor Investor Bid/ Offer Period Opens and Closes on Thursday, February 13, 2025. The Bid/ Offer Period will close on Tuesday, February 18, 2025.Bid details“)
The Initial Public Offering Comprises a Fresh Issue of Equity Shares (Face Value of ₹ 10 Each) Aggrigating up to ₹ 2,250.00 Million (The “Fresh Issue“) And an offer for sale of up to 14,910,500 equity shares by Chitra Pandyan (The”Promoter Selling SHAREELDER“) (“Total Offer size“).
The price band for the offer has been fixed at ₹ 401 to ₹ 425 per equity share. (“The Price Band”). Bids can be made for a minimum of 26 equity shares and in multiples of 26 equity shares there. (“BID LOT”)
The company intends to utilize the net processed (i) Payment of the purchase consideration for the acquision of mehru electrical and mechanical engineers; ) Rategic Initiatives and General Corporate purposes. (The “Objects of the offer “)
The offer for Sale Comprises up to 14,910,500 Equity shares by promoter saling shareholders.
The company is an Indian Player Serving Global Clients in Critical Energy Transition Equipment and Power Technologies. The company provide high voltage electrical equipment and solutions for electrical grid connectivity and energy translation. The company is a technology-driven company specializing in the provision of power production and solutions Across Power Generation, Transmission, Distribution, and Automation Sections. Additionally, the company offer equipment and solutions tailored for emerging applications such as large-scale renewables. (Source: Care Report).
As Per Care Report, Quality Power is Among the Few Global Manufacturers of Critical High Voltage Equipment for High Voltage Direct Current (“Hvdc“) And flexible ac translation system (“Facts“) Networks. These equipment and networks form critical components for energy translation from renewable sources to Traditional Power Grids.
As per Care Report, HVDC technology is translated the landscape of energy translation equipment and power technologies by enabling affirmative, long-doct. This Advancement is crucial for integrating renewable energy sources from remote locations, such offshore wind firms and solar plants in remote regions, into urban areas.
The company's multiple manufacturing operations in India are Spread Across Two Locations, Including Sangli, Maharashtra, And Aluva, Kerala. As part of its Global Expansion, the Company Acquired 51% of the Share Capital in Turkey Based Company, Endoks Enerji Anonim Power Quality Management.
Peers of Quality Power Include Hitachi Energy India Limited, Ge Vernova T&D India Limited and Transformers & Rectifiers (India) Limited. As of March 31, 2024, The Company Had 210 Customers. The company's end customers include power utilities, power industries, and renewable energy entities. The company's Revenue from Operations for the financial year ended March 31, 2024 Stood at ₹ 3,005.97 Million with Profit after Tax Margin of 16.74% and rooe of 29.15%. The company derives the Majority of Its Revenue from international operations, which constitutes more than 75%, of the company's total revenue from operations.
As per company's proforma consolidated financial information, during fiscal 2024 and the Six-Month Period ended September 30, 2024, the consolidated Revenue from Operations ₹ 5,190.49 Lion respectively. Consolidated Profit after Tax for the Same Period Was ₹ 656.96 Million and ₹ 537.88 Million Respectively.
For the Six-Month Periode September 30, 2024, Revenue from Operations in Quality Power Group and Acquired Entity Mehru (Standalone) Million and ₹ 1,116.80 The Same Period Was ₹ 500.78 Million and ₹ 49.03 Million Respectively.
The offer is being made in term of rule 19 (2) (B) of the Scrr Read With Regulation 31 of the Sebi ICDR Regulations. This Offer is Made Through the Book Building Process with Regulation 6 (2) IED Institutional Buyers (“Qibs“) (The”QIB portion“), Provided that our company in consultation with the brlm may allocate up to 60% of the Qib Portion to Anchor Investors on a Discreationary Basis (the”Anchor investor portion“).
Pantomath Capital Advisors Private Limited is the book Running Lead Manager to the Offer (The “Brlm”).All capitalized terms using Herein But Not defined Shall has the same meaning as to them in the RHP.
Disclaimer:
Quality Power Electrical Equipments Limited Is Proposing, Subject to Requisite Approvals, Market Conditions and Other Considers, to Make an Initial Public Offering and has filed the Rhp with the Roc and 7, 2025. The RHP SHALL BE AVAILABLE ON The website of sebi at www.sebi.gov.inThe websites of the stock exchanges IE BSE and NSE AT www.bseindia.com And www.nseindia.comResponse, the website of the company at www.qualitypower.com And on the website of the book Running Lead Manager (The “Brlm“), IE pantomath capital advisors private limited at www.panthomathgroup.com. Any Potential Investors Should Note That Investment in Equity Shares Involves A High Degree of Risk and for Details Relating to Such Risk, See 'Risk Factors'' Being on Page 22 of the Rhp. Potential Investors should not Relely on the Rhp filed with Sebi and the stock exchanges, and should instead real on their own company and the offer, including the risks Involved, For Making Any Investment DECISION.
