The Initial Public Offering (IPO) of Parth Electricals & Engineering Limited opened on August 4, 2025, and will remain open until August 6, 2025. The ₹49.72 crore issue is attracting keen attention from retail, institutional, and non institutional investors.
Key IPO Details
• Price Band: ₹160 – ₹170 per share
• Minimum Investment: ₹1,36,000 (800 shares at upper band)
• Lot Size: 800 shares
• Maximum Retail Lot: 800 shares (2.72 lakh ₹)
• Maximum QIB Bid Quantity: 18,97,600 shares
• Maximum NII Bid Quantity: 13,56,000 shares
• Bid Opening Date: August 4, 2025
• Bid Closing Date: August 6, 2025
• Allotment Date: August 7, 2025 (tentative)
• Refund / Share Credit: August 7–8, 2025
• Expected Listing Date: August 11, 2025 on NSE SME platform “Emerge”
Subscription Status on Day 1 (August 4, 2025)
As of Day 1, overall subscription stands at approximately 0.76 times showing a low investor’s interest. Hereunder, are the details with segment-wise subscription:
• Retail Individual Investors (RII): 0.98x
• Non-Institutional Investors (NII): 1.36x
• Qualified Institutional Buyers (QIB):0.22x
Parth Electricals & Engineering Limited: About the Company
Parth Electricals & Engineering Limited, headquartered in Vadodara, Gujarat, is a manufacturer and EPC provider in the power distribution and transmission sector. Established in 2007, the firm specializes in MV switchgear panels, GIS/RMU systems, compact substations, and control relay panels for voltage ranges up to 132 kV.
Parth Electricals serves major clientele including L&T, Reliance Industries, Tata Power, Schneider Electric, Adani, and BHEL, underscoring its strong market position.
(Disclaimer: This article is for informational purposes only. It does not constitute investment advice. Investors should review the company’s prospectus and consult a registered financial advisor before making investment decisions.)
Also Read: NSDL IPO Allotment: Did You Get Shares? Here’s How To Check Your Status In This Mega Issue!
Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
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