Parth Electricals IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Aug 04 to Aug 06 2025
Price Band
₹170
Current GMP
₹174.0(+2.35%)
Subscription
23.77 times
IPO Details
| IPO Date | August 4, 2025 to August 6, 2025 |
| Listing Date | August 11, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹170 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 29,24,800 shares (aggregating up to ₹49.72 Cr) |
| Reserved for Market Maker | 1,46,400 shares (aggregating up to ₹2.49 Cr)Shreni Shares Limited |
| Net Offered to Public | 27,78,400 shares (aggregating up to ₹47.23 Cr) |
| Employee Discount | ₹8.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,07,43,155 shares |
| Share Holding Post Issue | 1,36,67,955 shares |
IPO Date
August 4, 2025 to August 6, 2025
Listing Date
August 11, 2025
Face Value
₹10 per share
Issue Price
₹170 per share
Lot Size
800 Shares
Sale Type
Fresh Capital
Total Issue Size
29,24,800 shares (aggregating up to ₹49.72 Cr)
Reserved for Market Maker
1,46,400 shares (aggregating up to ₹2.49 Cr)Shreni Shares Limited
Net Offered to Public
27,78,400 shares (aggregating up to ₹47.23 Cr)
Employee Discount
₹8.00
Issue Type
Bookbuilding IPO
Listing At
NSE SME
Share Holding Pre Issue
1,07,43,155 shares
Share Holding Post Issue
1,36,67,955 shares
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 17.65 |
| Non-Institutional Buyers*** | 43.93 |
| bNII (bids above ₹10L) | 52.99 |
| sNII (bids below ₹10L) | 25.84 |
| Individual Investors (IND category bidding for 2 Lots) | 20.28 |
| Total ** | 23.77 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
17.65
Non-Institutional Buyers***
43.93
bNII (bids above ₹10L)
52.99
sNII (bids below ₹10L)
25.84
Individual Investors (IND category bidding for 2 Lots)
20.28
Total **
23.77
Day Wise Sub
| Day | QIB | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Day 1 Aug 4, 2025 | 0.22 | 1.36 | 1.94 | 0.22 | 0.99 | 0.83 |
| Day 2 Aug 5, 2025 | 0.45 | 3.85 | 4.97 | 1.62 | 2.71 | 2.24 |
| Day 3 Aug 6, 2025 | 17.65 | 43.93 | 52.99 | 25.84 | 20.28 | 23.77 |
DayDay 1
Aug 4, 2025
QIB0.22
NII*1.36
NII (> ₹10L)1.94
NII (< ₹10L)0.22
Individual Investors0.99
Total0.83
DayDay 2
Aug 5, 2025
QIB0.45
NII*3.85
NII (> ₹10L)4.97
NII (< ₹10L)1.62
Individual Investors2.71
Total2.24
DayDay 3
Aug 6, 2025
QIB17.65
NII*43.93
NII (> ₹10L)52.99
NII (< ₹10L)25.84
Individual Investors20.28
Total23.77
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 11-08-2025 | 170.00 | 6(3.53%) | 176 |
| 10-08-2025 | 170.00 | 6(3.53%) | 176 |
| 09-08-2025 | 170.00 | 4(2.35%) | 174 |
| 08-08-2025 | 170.00 | 4(2.35%) | 174 |
| 07-08-2025 | 170.00 | 10(5.88%) | 180 |
| 06-08-2025 | 170.00 | 14(8.24%) | 184 |
| 05-08-2025 | 170.00 | 22(12.94%) | 192 |
| 04-08-2025 | 170.00 | 22(12.94%) | 192 |
| 03-08-2025 | 170.00 | 22(12.94%) | 192 |
| 02-08-2025 | 170.00 | 0(0.00%) | 170 |
| 01-08-2025 | 170.00 | 0(0.00%) | 170 |
| 31-07-2025 | 170.00 | 0(0.00%) | 170 |
| 30-07-2025 | 170.00 | 0(0.00%) | 170 |
| 29-07-2025 | 170.00 | 0(0.00%) | 170 |
| 28-07-2025 | 170.00 | 0(0.00%) | 170 |
| 27-07-2025 | 0(0.00%) | (0.00%) | |
| 26-07-2025 | 0(0.00%) | (0.00%) | |
| 25-07-2025 | 0(%) | (%) |
Date11-08-2025
Price170.00
GMP6(3.53%)
Estimate List Price176
Date10-08-2025
Price170.00
GMP6(3.53%)
Estimate List Price176
Date09-08-2025
Price170.00
GMP4(2.35%)
Estimate List Price174
Date08-08-2025
Price170.00
GMP4(2.35%)
Estimate List Price174
Date07-08-2025
Price170.00
GMP10(5.88%)
Estimate List Price180
Date06-08-2025
Price170.00
GMP14(8.24%)
Estimate List Price184
Date05-08-2025
Price170.00
GMP22(12.94%)
Estimate List Price192
Date04-08-2025
Price170.00
GMP22(12.94%)
Estimate List Price192
Date03-08-2025
Price170.00
GMP22(12.94%)
Estimate List Price192
Date02-08-2025
Price170.00
GMP0(0.00%)
Estimate List Price170
Date01-08-2025
Price170.00
GMP0(0.00%)
Estimate List Price170
Date31-07-2025
Price170.00
GMP0(0.00%)
Estimate List Price170
Date30-07-2025
Price170.00
GMP0(0.00%)
Estimate List Price170
Date29-07-2025
Price170.00
GMP0(0.00%)
Estimate List Price170
Date28-07-2025
Price170.00
GMP0(0.00%)
Estimate List Price170
Date27-07-2025
Price
GMP0(0.00%)
Estimate List Price(0.00%)
Date26-07-2025
Price
GMP0(0.00%)
Estimate List Price(0.00%)
Date25-07-2025
Price
GMP0(%)
Estimate List Price(%)
IPO Important Dates
| IPO Open Date | Mon, Aug 4, 2025 |
| IPO Close Date | Wed, Aug 6, 2025 |
| Tentative Allotment | Thu, Aug 7, 2025 |
| Initiation of Refunds | Thu, Aug 7, 2025 |
| Credit of Shares to Demat | Fri, Aug 8, 2025 |
| Tentative Listing Date | Mon, Aug 11, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 6, 2025 |
IPO Open Date
Mon, Aug 4, 2025
IPO Close Date
Wed, Aug 6, 2025
Tentative Allotment
Thu, Aug 7, 2025
Initiation of Refunds
Thu, Aug 7, 2025
Credit of Shares to Demat
Fri, Aug 8, 2025
Tentative Listing Date
Mon, Aug 11, 2025
Cut-off time for UPI mandate confirmation
5 PM on August 6, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,600 | ₹2,72,000 |
| Individual investors (Retail) (Max) | 2 | 1,600 | ₹2,72,000 |
| S-HNI (Min) | 3 | 2,400 | ₹4,08,000 |
| S-HNI (Max) | 7 | 5,600 | ₹9,52,000 |
| B-HNI (Min) | 8 | 6,400 | ₹10,88,000 |
| Employee (Min) | 2 | 1,600 | ₹2,72,000 |
| Employee (Max) | 3 | 2,400 | ₹4,08,000 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares1,600
Amount₹2,72,000
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares1,600
Amount₹2,72,000
ApplicationS-HNI (Min)
Lots3
Shares2,400
Amount₹4,08,000
ApplicationS-HNI (Max)
Lots7
Shares5,600
Amount₹9,52,000
ApplicationB-HNI (Min)
Lots8
Shares6,400
Amount₹10,88,000
ApplicationEmployee (Min)
Lots2
Shares1,600
Amount₹2,72,000
ApplicationEmployee (Max)
Lots3
Shares2,400
Amount₹4,08,000
Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 106.76 | 66.53 | 50.70 |
| Total Income | 176.20 | 87.17 | 65.70 |
| Profit After Tax | 10.12 | 4.61 | 2.45 |
| EBITDA | 17.53 | 9.05 | 4.31 |
| Net Worth | 40.59 | 14.50 | 9.58 |
| Reserves and Surplus | 30.57 | 13.25 | 8.64 |
| Total Borrowing | 33.33 | 15.84 | 8.43 |
Period EndedPeriod Ended
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Mar 2025106.76
31 Mar 202466.53
31 Mar 202350.70
Period EndedTotal Income
31 Mar 2025176.20
31 Mar 202487.17
31 Mar 202365.70
Period EndedProfit After Tax
31 Mar 202510.12
31 Mar 20244.61
31 Mar 20232.45
Period EndedEBITDA
31 Mar 202517.53
31 Mar 20249.05
31 Mar 20234.31
Period EndedNet Worth
31 Mar 202540.59
31 Mar 202414.50
31 Mar 20239.58
Period EndedReserves and Surplus
31 Mar 202530.57
31 Mar 202413.25
31 Mar 20238.64
Period EndedTotal Borrowing
31 Mar 202533.33
31 Mar 202415.84
31 Mar 20238.43
Peers Comparison
| Company Name | EPS (Basic) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | Financial statements |
|---|---|---|---|---|---|
| Parth Electricals and Engineering | 10.27 | 41.20 | 24.92 | ||
| Supreme Power Equipment | 7.44 | 37.01 | 29.43 | 20.46 | |
| Shivalic Power Control | 5.50 | 46.81 | 21.58 | 11.00 | |
| RMC Switchgears | 30.30 | 101.39 | 28.21 | 29.41 |
Company NameParth Electricals and Engineering
EPS (Basic)10.27
NAV (per share) (Rs)41.20
P/E (x)
RoNW (%)24.92
Financial statements
Company NameSupreme Power Equipment
EPS (Basic)7.44
NAV (per share) (Rs)37.01
P/E (x)29.43
RoNW (%)20.46
Financial statements
Company NameShivalic Power Control
EPS (Basic)5.50
NAV (per share) (Rs)46.81
P/E (x)21.58
RoNW (%)11.00
Financial statements
Company NameRMC Switchgears
EPS (Basic)30.30
NAV (per share) (Rs)101.39
P/E (x)28.21
RoNW (%)29.41
Financial statements
IPO Reservation
| Market Maker Shares Offered | 1,46,400 (5.01%) |
| QIB Shares Offered | 13,53,600 (46.28%) |
| − Anchor Investor Shares Offered | 8,12,000 (27.76%) |
| − QIB (Ex. Anchor) Shares Offered | 5,41,600 (18.52%) |
| NII (HNI) Shares Offered | 4,07,200 (13.92%) |
| − bNII > ₹10L | 2,71,200 (9.27%) |
| − sNII < ₹10L | 1,36,000 (4.65%) |
| Retail Shares Offered | 9,48,800 (32.44%) |
| Total Shares Offered | 29,24,800 (100.00%) |
Market Maker Shares Offered
1,46,400 (5.01%)
QIB Shares Offered
13,53,600 (46.28%)
− Anchor Investor Shares Offered
8,12,000 (27.76%)
− QIB (Ex. Anchor) Shares Offered
5,41,600 (18.52%)
NII (HNI) Shares Offered
4,07,200 (13.92%)
− bNII > ₹10L
2,71,200 (9.27%)
− sNII < ₹10L
1,36,000 (4.65%)
Retail Shares Offered
9,48,800 (32.44%)
Total Shares Offered
29,24,800 (100.00%)
Information about company
Established in May 2007, Parth Electricals and Engineering Limited is a service-oriented firm evolved into a manufacturing entity specializing in electrical equipment.
The company offers products such as Medium Voltage (MV) switchgear panels, Vacuum Circuit Breaker (VCB) panels, Earth Link Boxes, Control and Relay Panels (CRP), and Compact Substations (CSS).
It also offers installation, testing, commissioning, and turnkey execution for Air Insulated Substations (AIS) and Gas Insulated Substations (GIS) up to 220kV, along with High Voltage (HV) and Extra High Voltage (EHV) cable laying projects.
The company's Clientele includes Aditya Birla, Ultratech Cement, L&T, RIL, Adani, Tata Power, Schneider Electric, BHEL, Tata Steel, Siemens, GFL, Jindal Steel & Power and many more.
The company's manufacturing facility is situated in Manjusar, Vadodara.
The company is ISO 9001:2015, 14001, and 45001 certified, reflecting its commitment to quality management, environmental management, and occupational health and safety standards.
The company has served various industries, including power distribution, infrastructure, and industrial manufacturing. It has worked with leading clients like ABB, Reliance, and other major corporations.
The company has expanded its operations globally, exporting products and services to international markets.
Competitive Strength:
Ensuring Excellence Through Rigorous Quality Control Processes.
Strategic Tie Ups for Direct Billing.
Enhance operations by increasing our customer base through marketing.
Objectives of IPO
The Company Parth Electricals & Engineering IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (in Millions)
1
Establishing GIS manufacturing facility in Gujarat
200
2
Establishing manufacturing facility in Odisha
190
3
Repayment of Short Term Borrowings
150
4
General corporate purposes
Disclaimer
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