Brokers usually take bids until: Zerodha 4:45 PM, Groww 4:50 PM, Angel One and Upstox 5:00 PM (HNI 4:00 PM). Check the exact time with your broker or bank.
Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Acquisition of Mehru Electrical and Mechanical Engineers
Funding the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited.
Capital expenditure for plant and machinery
Funding capital expenditure on plant and machinery.
Inorganic growth and other strategic initiatives
Funding further inorganic growth and other strategic initiatives.
(₹ in Crore)
Tap a bar to highlight a metric across periods and show its values.
Quality Power Electrical Equipments Limited provides high-voltage electrical equipment and solutions for power generation, transmission, distribution and automation, with a focus on grid interconnection equipment and HVDC and FACTS systems supporting the global energy transition. Incorporated in 2001, the company operates manufacturing facilities in Sangli, Maharashtra and Aluva, Kerala, and owns a majority stake in a Turkey-based subsidiary. Its test and research laboratory in Sangli holds ISO 17025:2017 accreditation, and it serves around 210 customers including power utilities and renewable energy entities. A large majority of the company's revenue comes from international markets, reflecting its position as one of a small number of global manufacturers of critical high-voltage equipment for HVDC and FACTS networks. Prior to the IPO the company was wholly owned by its promoter group, the Pandyan family.
The company raised approximately Rs 386.4 crore from anchor investors ahead of the IPO, with shares allotted at the issue's upper price band of Rs 425 per share.
Source: RHP • Analysis provided for informational purposes
Last Updated: 13 July 2026, 5:30 AM
Specialized high-voltage technology
Among a small group of global manufacturers of critical equipment for HVDC and FACTS networks, built on more than two decades of experience.
Global manufacturing and client base
Operates manufacturing facilities in Maharashtra and Kerala plus an overseas subsidiary in Turkey, serving a broad global client base including major utilities.
Accredited quality standards
Its test and research laboratory holds ISO 17025:2017 accreditation, supporting the quality standards required by large global clients.
Meaningful export revenue base
A large majority of revenue comes from international markets, reflecting its position in the global energy transition supply chain.
Growth through acquisition
Pursuing inorganic growth, including the acquisition of Mehru Electrical and Mechanical Engineers, to expand its product and manufacturing base.
Energy sector cyclicality
Revenue is linked to the energy sector's investment cycle and to regulatory and policy changes affecting it.
Capital intensity
Expanding manufacturing capacity and pursuing acquisitions requires significant capital expenditure.
International operating risk
Overseas operations expose the company to geopolitical developments and currency movements.
MUFG Intime India Private Limited
No financial information whatsoever published anywhere, within this website, should be considered as an advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this website. The information on this website is based on information available as on date coupled with market perceptions.
You agree with the terms and conditions to use this website.
Grey-market disclaimer. GMP shown here is grey-market news only. We do not trade or deal in the grey market or subject-to rates, nor do we recommend trading in the grey market.
Not investment advice. IPO Nex is an information tool, not investment advice. We do not recommend buying or selling any securities. Always do your own research before applying to any IPO.
IPO Nex does not guarantee any listing gain or return. IPO investments are subject to market risks.
All times are IST.
© 2026 IPO Nex by Niota. All rights reserved.
Regulatory and compliance exposure
Operates in a high-compliance manufacturing sector subject to regulatory and legal risk.
Acquisition integration risk
A significant part of the issue proceeds funds an acquisition, which carries execution and integration risk.