Quality Power IPO Opens February 14, Fresh Issue at Rs 225 Crore

Quality Power Electrical Equipments’ IPO opens on February 14. The company will issue fresh shares worth Rs 225 crore and offer 1.49 crore shares for sale by promoter Chitra Pandyan. The funds will finance acquisitions, buy machinery, and support other initiatives. The anchor book for institutional investors opens on February 13, and the public issue closes on February 18. Trading starts on February 24.

The raised funds will help expand business operations and strengthen market position. Quality Power is known for its innovative electrical equipment. The IPO is expected to attract significant interest from investors due to the company’s strong track record and growth potential.

Analysts are optimistic about the company’s future, citing its robust business model and strategic plans. The IPO will provide necessary capital for Quality Power to execute its growth strategy.