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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 ₹170.00 per share . The lot size for an application is 800. The minimum amount of investment required by an individual investor (retail) is ₹2,72,000.00 (1,600 shares) (based on upper price). The minimum lot size investment for 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 Date | August 4, 2025 to August 6, 2025 |
| Listing Date | August 11, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹160 to ₹170 per share |
| Issue Price Final | ₹170 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 29,24,800 shares (aggregating up to ₹49.67 Cr) |
| Reserved for Market Maker | 1,46,400 shares Shreni Shares Ltd. (aggregating up to ₹2.49 Cr) |
| Net Offered to Public | 27,78,400 shares (aggregating up to ₹47.18 Cr) |
| Employee Discount | ₹8.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,07,43,155 shares |
| Share Holding Post Issue | 1,36,67,955 shares |
Parth Electricals IPO offers total 29,24,800 shares. Out of which 13,53,600 (46.28%) allocated to QIB, 5,41,600 (18.52%) allocated to QIB (Ex- Anchor), 4,07,200 (13.92%) allocated to NII, 9,48,800 (32.44%) allocated to RII and 8,12,000 (27.76%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,46,400 (5.01%) |
| QIB Shares Offered | 13,53,600 (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 (13.92%) |
| − bNII > ₹10L | 2,71,200 (9.27%) |
| − sNII < ₹10L | 1,36,000 (4.65%) |
| Retail Shares Offered | 9,48,800 (32.44%) |
| Employee Shares Offered | 68,800 (2.35%) |
| Total Shares Offered | 29,24,800 (100.00%) |
| 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
Parth Electricals IPO raises ₹13.80 crore from anchor investors. Parth Electricals IPO Anchor bid date is August 1, 2025. Parth Electricals IPO Anchor Investors list
| Bid Date | August 1, 2025 |
| Shares Offered | 8,12,000 |
| Anchor Portion Size (In Cr.) | 13.80 |
| Anchor lock-in period end date for 50% shares (30 Days) | September 6, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | November 5, 2025 |
Parth Electricals IPO opens on August 4, 2025, and closes on August 6, 2025.
| IPO Open Date | Mon, Aug 4, 2025 |
| IPO Close Date | Wed, Aug 6, 2025 |
| Tentative Allotment | Thu, Aug 7, 2025 |
| Initiation of Refunds | Thu, Aug 7, 2025 |
| Credit of Shares to Demat | Fri, Aug 8, 2025 |
| Tentative Listing Date | Mon, Aug 11, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Aug 6, 2025 |
Investors can bid for a minimum of 1,600 shares and in multiples of 800 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,600 | ₹2,72,000 |
| Individual investors (Retail) (Min) | 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 market capitalization of Parth Electricals IPO is ₹232.36 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| 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 Rs | 9.42 | 7.40 |
| P/E (x) | 18.05 | 22.97 |
The Company Parth Electricals IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 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 |
[Dilip Davda] PEEL is engaged in the manufacturing and providing power sector related equipments and services. It has emerged as the most preferred partner with world renowned Schneider technology. The company posted growth in its top and bottom lines for the reported periods. Based on its recent financial data, the issue appears fully priced. It has around Rs. 230 cr. orders on hand to be completed by 2026. Well-informed investors may park funds for medium to long term. Read detail review...
| Listing Date | August 11, 2025 |
| BSE Script Code | |
| NSE Symbol | PARTH |
| ISIN | INE1H7V01011 |
| Final Issue Price | ₹170 per share |
| NSE Listing Group | SM |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹170.00 |
| Open | ₹174.00 |
| Low | ₹169.00 |
| High | ₹182.70 |
| Last Trade | ₹182.70 |
Parth Electricals & Engineering Ltd.
301, Riddhi-Siddhi Elanza,
Near Dominos,
Subhanpura
Vadodara, Gujarat, 390023
Phone: 0265 2291922
Email: cs@parthelectricals.in
Website: http://www.parthelectricals.in/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: peel.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Parth Electricals IPO is a SME IPO of 29,24,800 equity shares of the face value of ₹10 aggregating up to ₹49.67 Crores. The issue is priced at ₹170 per share. The minimum order quantity is 800.
The IPO opens on August 4, 2025, and closes on August 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 August 4, 2025 and closes on August 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 Friday, August 8, 2025. Check the Parth Electricals IPO allotment status.
The Parth Electricals IPO listing date is on Monday, August 11, 2025.
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