{"id":41701,"date":"2025-02-14T13:13:55","date_gmt":"2025-02-14T07:43:55","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=41701"},"modified":"2025-02-14T13:21:21","modified_gmt":"2025-02-14T07:51:21","slug":"quality-power-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/quality-power-ipo\/","title":{"rendered":"Quality Power IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"41701\" class=\"elementor elementor-41701\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cda5d6e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cda5d6e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-92ad1b8\" data-id=\"92ad1b8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3d4c550 elementor-widget elementor-widget-text-editor\" data-id=\"3d4c550\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Quality Power IPO is a book-built issue of Rs 858.70 crores. It combines a fresh issue of 0.53 crore shares aggregating Rs 225.00 crores and an offer for sale of 1.49 crore shares aggregating Rs 633.70 crores.<br \/><br \/><\/span><span style=\"color: #000000;\">The IPO bidding opened for subscription on February 14, 2025, and will close on February 18, 2025. The price band for the IPO is set at \u20b9401 to \u20b9425 per share, and the minimum lot size for an application is 26 shares.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1e218f1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1e218f1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1000cb4\" data-id=\"1000cb4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bfaaeb3 elementor-widget elementor-widget-text-editor\" data-id=\"bfaaeb3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong><b>Company Summary <\/b><\/strong><\/span><\/p><p><span style=\"color: #000000;\">Incorporated in 2001, Quality Power Electrical Equipments Limited is engaged in the business of energy transition equipment and power technologies.<\/span><\/p><p><span style=\"color: #000000;\">The company provides high-voltage electrical equipment and solutions for grid connectivity and energy transition, specializing in power products across generation, transmission, distribution, and automation sectors.<\/span><\/p><p><span style=\"color: #000000;\">The company manufactures critical high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks, enabling energy transition from renewable sources to power grids.<\/span><\/p><p><span style=\"color: #000000;\">With over 20 years of experience, the company offers reactors, transformers, converters, and grid interconnection solutions globally.<\/span><\/p><p><span style=\"color: #000000;\">The company operates manufacturing facilities in Sangli, Maharashtra, and Aluva, Kerala. In 2011, it acquired 51% of Endoks, a Turkey-based subsidiary with design, assembly, and project management capabilities.<\/span><\/p><p><span style=\"color: #000000;\">As of March 31, 2024, the company had 210 customers, including power utilities, power industries, and renewable energy entities.<\/span><\/p><p><span style=\"color: #000000;\">As of March 31, 2024, the company has 163 full-time employees and 372 contractual workers.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ac7b3f0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ac7b3f0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9f1d514\" data-id=\"9f1d514\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5d289ce elementor-widget elementor-widget-text-editor\" data-id=\"5d289ce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong><b>Product Portfolio:<br \/><\/b><\/strong><\/span><span style=\"color: #000000;\"><strong><b>Power Products: <\/b><\/strong>Reactors, Line Traps, Transformers, Instrument Transformers, Line Tuners, Metal-Enclosed Capacitor Banks, and Composites.<br \/><\/span><span style=\"color: #000000;\"><strong><b>Power Quality Systems:<\/b><\/strong> Static VAR compensators, STATCOMs, Harmonic Filters, Capacitor Banks, Sand Hunt Reactors.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7323089 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7323089\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b9e87d5\" data-id=\"b9e87d5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4076036 elementor-widget elementor-widget-text-editor\" data-id=\"4076036\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong><b>Company Strengths<\/b><\/strong><\/span><\/p><ul><li><span style=\"color: #000000;\">Global energy transition and power technology player catering to diverse industry segments and poised to benefit from the global shift towards de-carbonization and adoption of renewable energy.<\/span><\/li><li><span style=\"color: #000000;\">Demonstrated track record of growth and financial performance.<\/span><\/li><li><span style=\"color: #000000;\">Diversified customer base of global businesses with long-lasting relationships.<\/span><\/li><li><span style=\"color: #000000;\">Comprehensive product portfolio in the energy transition equipment and power technologies sector in India and abroad with high trade barriers.<\/span><\/li><li><span style=\"color: #000000;\">Demonstrated record of strategic acquisitions along with enhanced order book contributing to growth.<\/span><\/li><li><span style=\"color: #000000;\">Research and development capabilities to offer future-ready solutions.<\/span><\/li><li><span style=\"color: #000000;\">Management team with domain experience.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-895acfc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"895acfc\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c2e97d7\" data-id=\"c2e97d7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8a387f9 elementor-widget elementor-widget-text-editor\" data-id=\"8a387f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong><b>Company Financials <\/b><\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Period Ended<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>30 Sep 2024<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>31 Mar 2024<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>31 Mar 2023<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>31 Mar 2022<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Assets<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">399.64<\/span><\/td><td><span style=\"color: #000000;\">358.88<\/span><\/td><td><span style=\"color: #000000;\">312.24<\/span><\/td><td><span style=\"color: #000000;\">252.86<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Revenue<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">182.72<\/span><\/td><td><span style=\"color: #000000;\">331.4<\/span><\/td><td><span style=\"color: #000000;\">273.55<\/span><\/td><td><span style=\"color: #000000;\">211.73<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Profit After Tax<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">50.08<\/span><\/td><td><span style=\"color: #000000;\">55.47<\/span><\/td><td><span style=\"color: #000000;\">39.89<\/span><\/td><td><span style=\"color: #000000;\">42.23<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Net Worth<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">238.63<\/span><\/td><td><span style=\"color: #000000;\">190.33<\/span><\/td><td><span style=\"color: #000000;\">175.66<\/span><\/td><td><span style=\"color: #000000;\">160.29<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Reserves and Surplus<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">150.43<\/span><\/td><td><span style=\"color: #000000;\">162.56<\/span><\/td><td><span style=\"color: #000000;\">153.86<\/span><\/td><td><span style=\"color: #000000;\">149.76<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Total Borrowing<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">25.55<\/span><\/td><td><span style=\"color: #000000;\">38.28<\/span><\/td><td><span style=\"color: #000000;\">10.61<\/span><\/td><td><span style=\"color: #000000;\">11.52<\/span><\/td><\/tr><tr><td style=\"text-align: right;\" colspan=\"5\"><span style=\"color: #000000;\">Amount in \u20b9 Crore<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7dfca3b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7dfca3b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-26fe74e\" data-id=\"26fe74e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9b5bfd5 elementor-widget elementor-widget-text-editor\" data-id=\"9b5bfd5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Objects of the Issue<\/strong><\/span><\/p><p><span style=\"color: #000000;\">The Net Proceeds of the Fresh Issue are proposed to be utilized in the following manner:<\/span><\/p><ol><li><span style=\"color: #000000;\">Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited<\/span><\/li><li><span style=\"color: #000000;\">Funding capital expenditure requirements of the Company for the purchase of plant and machinery<\/span><\/li><li><span style=\"color: #000000;\">Funding inorganic growth through unidentified acquisitions and other strategic initiatives<\/span><\/li><li><span style=\"color: #000000;\">General Corporate Purposes.<\/span><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e4ba2c9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e4ba2c9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f0695a4\" data-id=\"f0695a4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-af9e6f7 elementor-widget elementor-widget-text-editor\" data-id=\"af9e6f7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Promoters of the Company<br \/><\/strong><\/span><span style=\"color: #000000;\">Thalavaidurai Pandyan, Chitra Pandyan, Bharanidharan Pandyan, and Pandyan Family Trust are the Promoters of the Company. The Promoters, together hold 72,149,960 Equity Shares, representing 99.99% of the issued, \u00a0subscribed, and paid-up equity share capital of our \u00a0Company.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bc3e2de elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bc3e2de\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a6480ff\" data-id=\"a6480ff\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f99a997 elementor-widget elementor-widget-text-editor\" data-id=\"f99a997\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>IPO details<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>IPO Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">February 14, 2025 to February 18, 2025<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Friday, Feb 21, 2025<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Face Value<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">\u20b910 per share<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Issue Price Band<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">\u20b9401 to \u20b9425 per share<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Lot Size<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">26 shares<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Total Issue Size<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">2,02,04,618 shares (aggregating up to \u20b9858.70 Cr)<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Fresh Issue<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">52,94,118 shares (aggregating up to \u20b9225.00 Cr)<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Offer for Sale<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">1,49,10,500 shares of \u20b910 (aggregating up to \u20b9633.70 Cr)<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Issue Type<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Book Built Issue IPO<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing At<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">BSE, NSE<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-180a5e7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"180a5e7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e8d6125\" data-id=\"e8d6125\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cee03be elementor-widget elementor-widget-text-editor\" data-id=\"cee03be\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Lot Allocation details<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Application<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Lots<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Shares<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Amount<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">1<\/span><\/td><td><span style=\"color: #000000;\">26<\/span><\/td><td><span style=\"color: #000000;\">\u20b911,050<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail (Max)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">18<\/span><\/td><td><span style=\"color: #000000;\">468<\/span><\/td><td><span style=\"color: #000000;\">\u20b91,98,900<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>S-HNI (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">19<\/span><\/td><td><span style=\"color: #000000;\">494<\/span><\/td><td><span style=\"color: #000000;\">\u20b92,09,950<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>S-HNI (Max)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">90<\/span><\/td><td><span style=\"color: #000000;\">2,340<\/span><\/td><td><span style=\"color: #000000;\">\u20b99,94,500<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>B-HNI (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">91<\/span><\/td><td><span style=\"color: #000000;\">2,366<\/span><\/td><td><span style=\"color: #000000;\">\u20b910,05,550<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-19de2d8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"19de2d8\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-81564f1\" data-id=\"81564f1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-821fc58 elementor-widget elementor-widget-text-editor\" data-id=\"821fc58\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Allotment Schedule<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Allotment<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Wed, Feb 19, 2025<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Initiation of Refunds<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Thu, Feb 20, 2025<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>The credit of Shares to Demat<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Thu, Feb 20, 2025<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Tentative Listing Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Fri, Feb 21, 2025<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Cut-off time for UPI mandate confirmation<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">5 PM on February 18, 2025<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8a0d643 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8a0d643\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f7f0dcd\" data-id=\"f7f0dcd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-550f5d4 elementor-widget elementor-widget-text-editor\" data-id=\"550f5d4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>IPO Reservation<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Investor Category<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Shares Offered<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>QIB Shares Offered<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Not less than 75% of the Net Offer<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail Shares Offered<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Not less than 10% of the Net Offer<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>NII (HNI) Shares Offered<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Not less than 15% of the Net Offer<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5b8e9d6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5b8e9d6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3f30c9b\" data-id=\"3f30c9b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e15a2e6 elementor-widget elementor-widget-text-editor\" data-id=\"e15a2e6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">To check allotment,<a href=\"https:\/\/in.mpms.mufg.com\/Initial_Offer\/public-issues.html\" target=\"_blank\" rel=\"noopener\"> click here<\/a><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1ebbf20 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1ebbf20\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-779b072\" data-id=\"779b072\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c7d1207 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"c7d1207\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/onelink.to\/449wqx\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply for IPO <\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Quality Power IPO is a book-built issue of Rs 858.70 crores. It combines a fresh issue of 0.53&hellip;","protected":false},"author":5,"featured_media":41707,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[611,23,84,55],"class_list":{"0":"post-41701","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"tag-latest-ipo","9":"tag-stock-market","10":"tag-stocks","11":"tag-upcoming-ipo","12":"cs-entry","13":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Quality Power IPO - Flattrade Kosh<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flattrade.in\/kosh\/quality-power-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Quality Power IPO - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"Quality Power IPO is a book-built issue of Rs 858.70 crores. 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