Parth Electricals IPO Subscribed 23.68x on Final Day, Attracts Strong Investor Participation

Parth Electricals and Engineering Limited’s initial public offering (IPO) saw robust participation across all investor categories, closing Day 3 with an overall subscription of 23.68 times by 4:45 PM on August 6, 2025. Priced at ₹170 per share, the ₹49.72 crore SME IPO attracted healthy demand from QIBs, retail investors, and HNIs.

The Non-Institutional Investor (NII) category led the response with 43.92 times subscription, followed by retail individual investors at 20.09 times. Qualified Institutional Buyers (QIB) participated with 17.65 times subscription. The anchor investor portion and market maker quota were both fully subscribed at 1x.

The Parth Electricals and Engineering IPO received a total of 15,436 applications, with cumulative bid value reaching approximately ₹791.57 crores, against an issue size of ₹49.72 crores.

Subscription Status of Parth Electricals IPO

Here are the subscription details for Parth Electricals IPO as of Day 3 (August 6, 2025, 4:45 PM):

Key Highlights - Day 3:

• Overall subscription stood at 23.68 times, rising sharply from 2.24 times on Day 2.
• NII category surged to 43.92 times, up from 3.85 times on Day 2, led by strong demand from both bNII and sNII segments.
• bNII bids reached 52.99 times, while sNII stood at 25.82 times.
• Retail individual investor subscription rose to 20.09 times, from 2.71 times on Day 2.
• QIB participation saw a strong close at 17.65 times, compared to 0.45 times on Day 2.
• Cumulative bid value touched ₹791.57 crores, versus the issue size of ₹49.72 crores.
• Total application count was 15,436, indicating broad-based investor interest.
   

Parth Electricals IPO – Day 2 Subscription at 2.24 Times

Key Highlights - Day 2:

• Overall subscription improved to 2.24 times, up from 0.83 times on Day 1.
• NII segment showed a strong jump to 3.85 times from 1.36 times on Day 1.
• Retail participation rose to 2.71 times, up from 0.99 times on Day 1.
• QIBs moved to 0.45 times, indicating the start of institutional interest.
• bNII bids increased to 4.97 times, while sNII bids stood at 1.62 times.

Parth Electricals IPO – Day 1 Subscription at 0.83 Times

Key Highlights - Day 1:

• Overall subscription opened at 0.83 times, showing early traction.
• NII segment stood at 1.36 times, driven by initial HNI participation.
• bNII bids opened at 1.94 times, while sNII bids stood at 0.22 times.
• Retail investors subscribed 0.99 times, indicating good early retail response.
• QIB participation was at 0.22 times, typical of initial days in SME IPOs.
• Anchor and Market Maker quotas were fully subscribed ahead of the launch.

About Parth Electricals and Engineering Ltd.

Incorporated in 2007, Parth Electricals and Engineering Limited is engaged in the design, manufacturing, and turnkey execution of power infrastructure solutions. The company operates in both domestic and international markets, offering a broad portfolio of medium and high-voltage electrical products and services.