Quality Power Electrical Equipments Limited (QPEEL) is an Indian company specializing in energy transition equipment and power technologies. Established on September 20, 2001, and headquartered in Sangli, Maharashtra, QPEEL provides high-voltage electrical equipment and solutions for electrical grid connectivity and energy transition. The company operates across power generation, transmission, distribution, and automation sectors.
Products and Services
QPEEL offers a diverse range of products, including:
- Reactors and Transformers: Essential for voltage regulation and efficient power transmission.
- Line Traps and Instrument Transformers: Used in communication and measurement applications within power systems.
- Capacitor Banks and Harmonic Filters: Assist in power factor correction and mitigation of electrical harmonics.
- Reactive Power Compensation Systems: Enhance the efficiency and stability of power networks.
The company also specializes in high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks, which are crucial for integrating renewable energy sources into traditional power grids.
Global Presence
QPEEL has established a significant global footprint, serving clients in over 100 countries. The company’s manufacturing operations are located in Sangli, Maharashtra, and Aluva, Kerala. Additionally, QPEEL expanded internationally by acquiring a 51% stake in Endoks Enerji Dagitim Sistemleri Sanayi Ithalat Ve Ihracat Limited Sirketi, Turkey, in 2011, and S&S Transformers & Accessories Private Limited in 2019. In February 2022, the company further broadened its capabilities by acquiring the running business of Electrical Power Equipment Company, Bangalore.
Certifications and Accreditations
Demonstrating a commitment to quality and environmental standards, QPEEL holds several certifications:
- ISO 9001: Quality Management Systems.
- ISO 14001: Environmental Management Systems.
- ISO 45001: Occupational Health and Safety Management Systems.
The company’s Test & Research Lab in Sangli is accredited with ISO 17025:2017 by the National Accreditation Board for Testing and Calibration Laboratories (NABL), certifying it as an independent test laboratory compliant with both Indian and international standards for systems up to 765kV.
The company has maintained a strong financial performance over the years, reflecting its robust operational capabilities and market presence.
For more detailed information about Quality Power Electrical Equipments Limited, you can visit their official website.
Quality Power Electrical Equipments Limited IPO Timetable
Particular | Date |
IPO Open Date | 14 Feb 2025 |
IPO Close Date | 18 Feb 2025 |
Allotment Date | 19 Feb 2025 |
IPO Listing Date | 24 Feb 2025 |
Quality Power Electrical Equipments Limited IPO Details
Issue Type | Book Built Issue IPO |
Face Value | Rs. 10 Per Equity Share |
IPO Price | Rs. 425 Per Equity Share |
Market Lot | 26 Share |
ISIN Code | |
Listing At | NSE & BSE |
Issue Size | Approx. Rs. 634 Crore. |
Quality Power Electrical Equipments Limited IPO Lot Size
Application | Lots | Shares | Amount |
Minimum | 1 | 26 | Rs. 11050 |
Maximum | 18 | 468 | Rs. 198900 |
Small HNI (Minimum) | 19 | 494 | Rs. 209950 |
Big HNI (Minimum) | 91 | 2366 | Rs. 1005550 |
Quality Power Electrical Equipments Limited IPO Allotment Status
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Company Financials :
Particular | 31 March 2024 | 31 March 2023 | 31 March 2022 |
Total Assets | 358.88 | 312.24 | 252.86 |
Total Revenue | 331.40 | 273.55 | 211.73 |
Profit After Tax | 55.47 | 39.89 | 42.23 |
Company Promoters:
Thalavaidurai Pandyan, Chitra Pandyan, Bharanidharan Pandyan and Pandyan Family Trust are the Promoters of the Company.
Objects of this Issue:
- Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited.
- Funding capital expenditure requirements of the Company for purchase plant and machinery.
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives.
- General Corporate Purposes.
Registrar & Company Details
Company Contact Information | IPO Registrar |
Quality Power Electrical Equipments Limited Plot No. L-61, M.I.D.C, Kupwad Block, Sangli – 416 436 Phone: + 91 233 264 543 Email: investorgrievance@qualitypower.co.in Website: http://www.qualitypower.com/ | Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: qualitypower.ipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |