Quality Power IPO's Final Day: Subscription at 83%, GMP Flattens as Investors Weigh In

The Quality Power Electrical Equipment IPO enters its final day on February 18, 2025, with a subscription rate of 83% as of the previous day. The ₹858.70 crore IPO, priced at ₹401-425 per share, has seen varied interest across investor categories. Non-Institutional Investors lead with 1.10 times subscription, followed by Retail at 1.07 times, while Qualified Institutional Buyers lag at 0.62 times. The Grey Market Premium (GMP) has turned flat, indicating cautious investor sentiment. With a minimum lot size of 26 shares, retail investors need ₹11,050 to participate. The company aims to utilize proceeds for expansion in the energy transition equipment sector.

 

Sources: Business Standard, Moneycontrol, Economic Times