Quality Power Electrical Equipments Ltd - IPO

Quality Power Electrical Equipments Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 10 each (Equity Shares) of Quality Power Electrical Eqipments Limited (The Company or the Issuer) for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs. [*] crores (Offer). The offer comprises of a fresh issue of up to [*] equity shares aggregating up to Rs. 225.00 crores (the Fresh Issue) and an offer for sale of up to 12,000,000 equity shares aggregating up to Rs. [*] crores by Chitra Pandyan (the Promoter Selling Shareholder) (the Offer for Sale). The offer will constitute [*] % 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 [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Pvt Ltd. Funding capital exp requirements of the company for purchase plant and machinery. General corporate purposes.

Quality Power Electrical Equipments Ltd Contact Details

Quality Power Electrical Equipments Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - investorgrievance@qualitypower.co.in

Website - www.qualitypower.com