Parth Electricals & Engineering IPO
IPO Listing Details
- Listing Date
11 Aug 2025
- Listing Price
₹ 174.00
- Listing Change
2.35%
- Last Traded Price
₹ 234.00
Parth Electricals & Engineering IPO Details
-
Open Date
04 Aug 2025
-
Close Date
06 Aug 2025
-
Listing Date
11 Aug 2025
- IPO Price Range
₹ 160 to ₹170
- IPO Size
₹ 47.23 Cr
- Listing Exchange
NSE SME
Parth Electricals & Engineering IPO Timeline
Parth Electricals & Engineering IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 04-Aug-25 | 0.22 | 1.36 | 0.99 | 0.83 |
| 05-Aug-25 | 0.45 | 3.85 | 2.71 | 2.24 |
| 06-Aug-25 | 17.65 | 43.93 | 20.28 | 23.77 |
Last Updated: 29 September 2025 3:55 PM by 5paisa
Parth Electricals & Engineering Ltd is launching a ₹47.23 crore IPO. The company manufactures MV switchgear panels, VCB panels, CRPs, and CSS, and provides turnkey solutions for AIS and GIS projects up to 220kV. With a certified facility in Vadodara, it serves major clients like Adani, Tata Power, L&T, and BHEL. It has also expanded globally, supplying electrical equipment and services across power, infrastructure, and industrial sectors.
Established in: 2007
Managing Director: Mr. Jigneshkumar Gordhanbhai Patel
Peers
Supreme Power Equipment Limited
Shivalic Power Control Limited
RMC Switchgears Limited
Parth Electricals & Engineering Objectives
The company plans to establish a Gas Insulated Switchgear (GIS) manufacturing facility in Gujarat.
It intends to set up a new manufacturing facility in the state of Odisha.
A portion of the IPO proceeds will be used to repay short-term borrowings.
Funds will also be allocated towards general corporate purposes.
Parth Electricals & Engineering IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹47.23 Cr. |
| Offer For Sale | - |
| Fresh Issue | ₹47.23 Cr. |
Parth Electricals & Engineering IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | ₹2,56,000 |
| Retail (Max) | 2 | 1,600 | ₹2,56,000 |
| S-HNI (Min) | 3 | 2,400 | ₹3,84,000 |
| S-HNI (Max) | 7 | 5,600 | ₹8,96,000 |
| B-HNI (Min) | 8 | 6,400 | ₹10,24,000 |
Parth Electricals & Engineering IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB | 17.65 | 5,41,600 | 95,58,400 | 162.49 |
| NII (HNI) | 43.93 | 4,07,200 | 1,78,86,400 | 304.07 |
| Individual Investors (IND category bidding for 2 Lots) | 20.28 | 9,48,800 | 1,92,40,000 | 327.08 |
| Total | 23.77 | 19,66,400 | 4,67,44,800 | 794.66 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 65.70 | 87.17 | 176.20 |
| EBITDA | 4.31 | 9.05 | 17.53 |
| PAT | 2.45 | 4.61 | 10.12 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Assets | 50.70 | 66.53 | 106.76 |
| Share Capital | 0.95 | 1.25 | 10.02 |
| Total Borrowings | 8.43 | 15.84 | 33.33 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 3.11 | 7.53 | 0.30 |
| Net Cash Generated From / (used in) investing activities | -0.92 | -7.69 | -10.45 |
| Net Cash Generated From / (used in) financing activities | -1.69 | 5.99 | 29.75 |
| Net Increase (Decrease) In Cash And Cash Equivalents | 0.49 | 5.82 | 19.60 |
Strengths
1. Diverse product portfolio across power and electrical infrastructure segments.
2. Serves Fortune 500 firms and has a wide client base.
3. ISO-certified with strong focus on quality and safety.
4. Expanding presence in international and overseas markets.
Weaknesses
1. Business depends on capital-heavy and cyclical sectors.
2. Vulnerable to regulatory changes and policy shifts.
3. Revenue highly concentrated in RMU product line.
4. High dependence on limited geographies for earnings.
Opportunities
1. Rising global demand for sustainable electrical infrastructure solutions.
2. Expansion in underpenetrated regions within India and abroad.
3. Scope for backward integration and product innovation.
4. Potential to diversify client base through targeted marketing.
Threats
1. Stiff competition from global and domestic electrical giants.
2. Fluctuations in raw material prices could affect margins.
3. Over-reliance on electrical industry demand cycles.
4. Any loss of key customers could hurt revenue growth.
1. Strong revenue growth from ₹65.7 Cr in FY23 to ₹176.2 Cr in FY25.
2. Trusted by marquee clients like Adani, Tata Power, L&T, and BHEL.
3. IPO funds to fuel expansion into GIS and Odisha manufacturing units.
4. Positioned in a growing ₹500+ billion global power T&D market.
1. Global power T&D market expected to reach USD 505.28 billion by 2034.
2. Demand rising due to urbanisation and growing electricity consumption worldwide.
3. The government plans to add over 4.6 lakh MW by 2031–32 across all power sources.
4. Surge in infrastructure investment presents strong growth potential for allied industries like Parth.
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FAQs
Parth Electricals & Engineering IPO opens from August 4, 2025 to August 6, 2025.
The size of Parth Electricals & Engineering IPO is ₹47.23 Cr
The price band of Parth Electricals & Engineering IPO is ₹160 to ₹170 per share.
To apply for Parth Electricals & Engineering IPO, follow the steps given below:
- Login to your 5paisa account and select the issue in the current IPO section.
- Enter the number of lots and the price at which you wish to apply for the Parth Electricals & Engineering IPO.
- Enter your UPI ID and click on submit. You will receive a mandate notification to block funds in your UPI app.
- On approving the mandate, your bid will be placed with the exchange.
The minimum lot size of Parth Electricals & Engineering IPO is 2 lots of 1,600 shares and the investment required is ₹256,000.
The share allotment date of Parth Electricals & Engineering IPO is August 7, 2025.
The Parth Electricals & Engineering IPO will likely be listed on August 11, 2025.
Horizon Management Private Limited is the book running lead manager for Parth Electricals & Engineering IPO.
The company plans to establish a Gas Insulated Switchgear (GIS) manufacturing facility in Gujarat.
- It intends to set up a new manufacturing facility in the state of Odisha.
- A portion of the IPO proceeds will be used to repay short-term borrowings.
- Funds will also be allocated towards general corporate purposes.
Parth Electricals & Engineering Contact Details
301, Riddhi-Siddhi Elanza,
Near Dominos,
Subhanpura
Vadodara, Gujarat, 390023
Phone: 0265 2291922
Email: cs@parthelectricals.in
Website: https://www.parthelectricals.in/
Parth Electricals & Engineering IPO Register
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: peel.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Parth Electricals & Engineering IPO Lead Manager
Horizon Management Private Limited