February 14, 2025
New Delhi, India
IPO
The Quality Power Limited IPO opened today and will remain available for subscription until February 18, 2025. The company aims to raise ₹858.70 crore through a mainboard IPO, featuring both fresh shares and an offer for sale (OFS).
Key Highlights:
- IPO Price Band: ₹401 to ₹425 per share
- Market Cap: ₹3,291.38 crore
- IPO Size: ₹858.70 crore
- Fresh Issue: ₹225 crore
- OFS: ₹633.70 crore
- Lot Size: 26 shares
- Minimum Investment: ₹11,050 (₹425 x 26)
- IPO Dates:
- Open: February 15, 2025
- Close: February 18, 2025
- Allotment Date: February 19, 2025
Subscription Status (Day 1 at 1:57 PM):
- Overall: 0.32x
- Retail: 0.44x
- NII: 0.37x
- QIB: 0.25x
Grey Market Premium (GMP): ₹27 per share
Registrar: Link Intime India Private Limited
Lead Manager: Pantomath Capital Advisors
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