| Quality Power Electrical Equipments Ltd |
|---|
| Registered Office: PLOT No L-61, MIDC Kupwad Block, Sangli - 416436, Maharashtra |
| Phone: 91-233-264 5432 |
| 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 | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 14-Feb-2025 | 18-Feb-2025 | ₹ 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 | 205.39 | Pantomath Capital Advisors Pvt Ltd |
| Project Financed through Current Offer | 858.70 | |
| Post Issue Equity Share Capital | 77.44 | |
| Issue Price | ₹425.00 | |
| 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 |
|---|
