The initial public offer of Quality Power Electrical Equipments Limited opened from subscription on February 14 and concluded on February 18, 2025. The allotment of the shares finalised today i.e. February 19, 2025. Investors applied for the IPO can check their allotment status online. The public offer managed to fetch lukewarm response from investors on final day as it was subscribed 1.29 times on final day of bidding.
It will reportedly list on BSE and NSE on February 21, 2025. The public issue was subscribed 62% on day 1 and registered a subscription of 82% on day 2. Investors can check their allotment status on the official website of BSE, NSE, and MUFG Intime India (previously Link Intime India), registrar for the issue.
How To Check Quality Power Allotment Status On BSE?
- Visit the official website of BSE (https://www.bseindia.com/investors/appli_check.aspx )
- Choose Equity As Issue Type
- Select Quality Power Electrical Equipments Limited from the dropdown option
- Fill your application number or PAN Card number
- You must verify be checking “I am not a robit” and press on search option
How To Check Quality Power Allotment Status On NSE?
- Visit official website of NSE
- Proceed to NSE Application Status page
- Choose “Equity” and SME IPO bid details
- Select “Quality Power” from list available
- Fill application number and PAN Card number
- Press on the submit option to check your allotment status
How TO Check Quality Power Allotment Status Via Link Intime
- Visit Link Intime (https://in.mpms.mufg.com/Initial_Offer/public-issues.html)
- Choose Quality Power Allotment from menu
- Select one of the available options namely PAN, DP ID, Account Number, or Application Number
- Fill necessary details and press on search option
Quality Power Latest GMP
The latest GMP or Grey Market Premium of the IPO indicates discounted price. The cap price for the IPO shows Rs 425.00.The likely listing price for Quality Power IPO at the current GMP is Rs 420, according to investorgain.
Price Band
The price band is between Rs 401-Rs 425 per share. Investors will be eligible to apply for a minimum of 26 shares and its multiple thereafter. The company seeks to raise Rs 858.70 crore through the IPO consisting fresh shares of Rs 225 crore. It includes offer for sale or OFS of approximately 1,49,10,500 equity shares worth Rs 633.70 crore.
About
Quality Power Electrical Equipments came in to existence in 2001. It is engaged in energy transition equipment and power technologies and provide high voltage electrical solutions for grid connectivity.
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