Quality Power Electrical Equipments Ltd
|
investorgrievance@qualitypower.co.in Website:www.qualitypower.com
|
Initial public offering of 20,204,600* equity shares of face value of
Rs. 10/- each ("Equity Shares") of Quality Power Electrical Equipments Limited ("the Company" or the "Issuer") for cash at a price of Rs. 425.00* per equity share (including a premium of Rs. 415.00 per equity share) ("Offer Price") aggregating to Rs. 858.70* crores ("Offer") the offer comprises of a fresh issue of 5,294,100 equity shares aggregating to
Rs. 225.00 crores (the "Oresh Issue") and an offer for sale of 14,910,500 equity shares aggregating to Rs. 633.70* crores by Chitra Pandyan (the "Promoter Selling Shareholder") (the "Offer for Sale") the offer will constitute 26.09 % 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 42.50 times the face value of the equity shares
* Subject to finalization of the basis of allotmen.
|
|
|
|
|
Quality Power Electrical Equipments Ltd
|
|
Rs Cr |
Lead Managers to the Issue |
205.39 |
Pantomath Capital Advisors Pvt Ltd |
|
858.70 |
|
77.44 |
|
Rs.
425.00
|
|
|
|
|
|
Projects |
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
| |
|
|
Thalavaidurai Pandyan |
Chitra Pandyan |
Bharanidharan Pandyan |
|
|
|
|
|
|