Parth Electricals & Engineering Ltd logo

Parth Electricals & Engineering IPO

  • Status: Closed
  • RHP:
  • ₹ 256,000 / 1600 shares

    Minimum Investment

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

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Parth Electricals & Engineering IPO Subscription Status

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.

Profit and Loss

Balance Sheet

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.