Bookbuilding IPO | ₹50 Cr | Listed at NSE SME | Mon, Aug 4, 2025 - Wed, Aug 6, 2025
Parth Electricals IPO is a book build issue of ₹49.67 crores. The issue is entirely a fresh issue of 0.29 crore shares of ₹49.67 crore.
Parth Electricals IPO bidding started from Aug 4, 2025 and ended on Aug 6, 2025. The allotment for Parth Electricals IPO was finalized on Aug 7, 2025. The shares got listed on NSE SME on Aug 11, 2025.
Parth Electricals IPO price band is set at ₹170 per share. The lot size for an application is 800. The minimum amount of investment required by an individual investor (retail) is ₹2,72,000 (1,600 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (2,400 shares), amounting to ₹4,08,000.
The issue includes a reservation of up to 68,800 shares for employees offered at a discount of ₹8.00 to the issue price.
Horizon Management Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Shreni Shares Ltd..
Refer to Parth Electricals IPO RHP for detailed Information.
IPO Open
Mon, Aug 4, 2025
IPO Close
Wed, Aug 6, 2025
Issue Price
₹170 per share
Market Cap (Pre-IPO)
₹232.36 Cr
| IPO Date | 4 to 6 Aug, 2025 |
| Listed on | Mon, Aug 11, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹160 to ₹170 |
| Issue Price | ₹170 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Employee Discount | ₹8.00 |
| Total Issue Size | 29,24,800 shares (agg. up to ₹50 Cr) |
| Reserved for Market Maker | 1,46,400 shares Shreni Shares Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 27,78,400 shares (agg. up to ₹47 Cr) |
| Net Offered to Public | 27,78,400 shares (agg. up to ₹47 Cr) |
| Share Holding Pre Issue | 1,07,43,155 shares |
| Share Holding Post Issue | 1,36,67,955 shares |
| NSE Symbol | PARTH |
| ISIN | INE1H7V01011 |
Parth Electricals IPO comprises a total issue size of 29,24,800 shares. The net offer to the public is 27,09,600 shares, after excluding 1,46,400 shares allotted on a firm basis and 68,800 shares under a preferential allotment. Of the Net offer 13,53,600 (49.96%) are allocated to QIB, 4,07,200 (15.03%) allocated to NII 9,48,800 (35.02%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 13,53,600 | 49.96% | 46.28% |
| − Anchor Investor Shares Offered | 8,12,000 | 27.76% | |
| − QIB (Ex. Anchor) Shares Offered | 5,41,600 | 18.52% | |
| NII (HNI) Shares Offered | 4,07,200 | 15.03% | 13.92% |
| − bNII > ₹10L | 2,71,200 | 9.27% | |
| − sNII < ₹10L | 1,36,000 | 4.65% | |
| Retail Shares Offered | 9,48,800 | 35.02% | 32.44% |
| Preferential Reservations | |||
| Employee Shares Offered | 68,800 | 2.35% | |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,46,400 | 5.01% | |
| Total Shares Offered | 29,24,800 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,600 | ₹2,72,000 |
| Individual investors (Retail) (Max) | 2 | 1,600 | ₹2,72,000 |
| S-HNI (Min) | 3 | 2,400 | ₹4,08,000 |
| S-HNI (Max) | 7 | 5,600 | ₹9,52,000 |
| B-HNI (Min) | 8 | 6,400 | ₹10,88,000 |
| Employee (Min) | 2 | 1,600 | ₹2,72,000 |
| Employee (Max) | 3 | 2,400 | ₹4,08,000 |
Parth Electricals IPO raises ₹13.80 crore from anchor investors. Parth Electricals IPO Anchor bid date is August 1, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Aug 1, 2025 |
| Shares Offered | 8,12,000 |
| Anchor Portion (₹ Cr.) | 13.80 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Sep 6, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Nov 5, 2025 |
| Application Category | Bidding Limits |
|---|---|
| Only Individual investor (retail) | 2 lots |
| Only sNII | 3 lots - 7 lots |
| Only bNII | 8 lots and above |
| Only employee | 2 lots - 3 lots |
| Employee + RII/NII |
|
* Bidding at cut-off price is not allowed for any category
Established in May 2007, Parth Electricals and Engineering Limited is a service-oriented firm evolved into a manufacturing entity specializing in electrical equipment.
The company offers products such as Medium Voltage (MV) switchgear panels, Vacuum Circuit Breaker (VCB) panels, Earth Link Boxes, Control and Relay Panels (CRP), and Compact Substations (CSS).
It also offers installation, testing, commissioning, and turnkey execution for Air Insulated Substations (AIS) and Gas Insulated Substations (GIS) up to 220kV, along with High Voltage (HV) and Extra High Voltage (EHV) cable laying projects.
The company's Clientele includes Aditya Birla, Ultratech Cement, L&T, RIL, Adani, Tata Power, Schneider Electric, BHEL, Tata Steel, Siemens, GFL, Jindal Steel & Power and many more.
The company's manufacturing facility is situated in Manjusar, Vadodara.
The company is ISO 9001:2015, 14001, and 45001 certified, reflecting its commitment to quality management, environmental management, and occupational health and safety standards.
The company has served various industries, including power distribution, infrastructure, and industrial manufacturing. It has worked with leading clients like ABB, Reliance, and other major corporations.
The company has expanded its operations globally, exporting products and services to international markets.
Competitive Strength:
Parth Electricals & Engineering Ltd.'s revenue increased by 102% and profit after tax (PAT) rose by 119% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 106.76 | 66.53 | 50.70 |
| Total Income | 176.20 | 87.17 | 65.70 |
| Profit After Tax | 10.12 | 4.61 | 2.45 |
| EBITDA | 17.53 | 9.05 | 4.31 |
| NET Worth | 40.59 | 14.50 | 9.58 |
| Reserves and Surplus | 30.57 | 13.25 | 8.64 |
| Total Borrowing | 33.33 | 15.84 | 8.43 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Establishing GIS manufacturing facility in Gujarat | 20.00 |
| 2 | Establishing manufacturing facility in Odisha | 19.00 |
| 3 | Repayment of Short Term Borrowings | 15.00 |
| 4 | General corporate purposes | 1.79 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 24.92% |
| ROCE | 23.38% |
| Debt/Equity | 0.82 |
| RoNW | 24.92% |
| PAT Margin | 5.79% |
| EBITDA Margin | 10.04% |
| Price to Book Value | 4.13 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.42 | 7.40 |
| P/E (x) | 18.05 | 22.97 |
| Promoter Holding | 79.6% | 62.57% |
| Market Cap | ₹232.36 Cr. |
The Parth Electricals IPO is subscribed 19.63 times on August 6, 2025 3:20:00 PM (Day 3). The public issue subscribed 15.87 times in the individual investors category, 16.23 times in the QIB category, and 36.09 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 16.23 | 5,41,600 | 87,92,800 | 22 |
| NII* | 36.09 | 4,07,200 | 1,46,96,800 | 2,865 |
| bNII (bids above ₹10L) | 43.25 | 2,71,200 | 1,17,29,600 | |
| sNII (bids below ₹10L) | 21.82 | 1,36,000 | 29,67,200 | |
| Individual Investors | 15.87 | 9,48,800 | 1,50,56,000 | 9,410 |
| Total | 19.63 | 19,66,400 | 3,86,04,000 | 12,329 |
Total Application : 12,329
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees and payment to other Intermediaries such as Legal Advisors to the IPO, Registrars and other out of pocket expenses. | 0.95 |
| 2 | Marketing and Selling Commission and expenses | 4.50 |
| 3 | Advertising and marketing expenses | 0.40 |
| 4 | Printing and distribution of issue stationery | 0.02 |
| 5 | Others Listing fees, SEBI and NSE processing fees, Book Building software fees, Other regulatory expenses and Miscellaneous | 0.33 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹170.00 |
| Open | ₹174.00 |
| Low | ₹169.00 |
| High | ₹182.70 |
| Last Trade | ₹182.70 |
Lead Manager Reports
Parth Electricals IPO is a SME IPO of 29,24,800 equity shares of the face value of ₹10 aggregating up to ₹50 Crores. The issue is priced at ₹170 per share. The minimum order quantity is 800.
The IPO opens on Mon, Aug 4, 2025, and closes on Wed, Aug 6, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Parth Electricals IPO using UPI as a payment gateway. Zerodha customers can apply in Parth Electricals IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Parth Electricals IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Parth Electricals IPO opens on Mon, Aug 4, 2025 and closes on Wed, Aug 6, 2025.
Parth Electricals IPO lot size is 800, and the minimum amount required for application is ₹2,72,000, with 2 lots being the minimum application size.
You can apply in Parth Electricals IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Parth Electricals IPO will be done on Thursday, August 7, 2025, and the allotted shares will be credited to your demat account by Fri, Aug 8, 2025. Check the Parth Electricals IPO allotment status.
The Parth Electricals IPO listing date is on Mon, Aug 11, 2025.
