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IPO

IPO Synopsis
Quality Power Electrical Equipments Ltd
Registered Office: PLOT No L-61,MIDC Kupwad Block , Sangli - 416436 , Maharashtra , India.
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 Money Payable On
Opens On Closes On Application Allotment
14-Feb-25 18-Feb-25 Rs425.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :26  Further Multiples of :26

  Rs 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 Rs425.00  
 
Projects
Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Pvt LtdGeneral corporate purposes
Funding capital exp requirements of the company for purchase plant and machinery
Promoted By
Thalavaidurai Pandyan
Chitra Pandyan
Bharanidharan Pandyan
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd