Parth Electricals & Engineering Ltd. is launching its IPO to fund new manufacturing facilities, repay borrowings, and for general corporate purposes. The IPO opens on August 4, 2025 and closes on August 6, 2025. Shares are planned to be listed on the NSE SME platform.
Key IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | August 4, 2025 |
| IPO Close Date | August 6, 2025 |
| Listing Date | August 11, 2025 |
| Face Value | ₹10 per equity share |
| Price Band | ₹160 to ₹170 per share |
| Issue Size | Approx. ₹49.72 Crores |
| Fresh Issue | Approx. ₹49.72 Crores |
| Offer for Sale | – |
| Lot Size | 800 shares |
| Issue Type | Book Build Issue |
| IPO Listing | NSE SME |
| Retail Quota | Up to 35% |
| QIB Quota | Up to 50% |
| NII (HNI) Quota | Up to 15% |
Market Lot Information
| Category | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 2 | 1,600 | 2,72,000 |
| Retail Maximum | 2 | 1,600 | 2,72,000 |
| S-HNI Minimum | 3 | 2,400 | 4,08,000 |
| S-HNI Maximum | 7 | 5,600 | 9,52,000 |
| B-HNI Minimum | 8 | 6,400 | 10,88,000 |
Important IPO Dates
| Event | Date |
|---|---|
| IPO Opening | August 4, 2025 |
| IPO Closing | August 6, 2025 |
| Basis of Allotment | August 7, 2025 |
| Refund Initiation | August 8, 2025 |
| Demat Credit | August 8, 2025 |
| Listing Date | August 11, 2025 |
Promoters
- Jigneshkumar Gordhanbhai Patel
- Jemini Jigneshkumar Patel
About the Company
Parth Electricals & Engineering Private Limited, established in 2007, is a leading provider of electrical equipment including MV Switchgear panels, VCB panels, Earth Link Boxes, CRP, and CSS. The company also delivers turnkey solutions for AIS and GIS up to 220kV and cable laying projects for HV and EHV systems. Their strengths include stringent quality checks, direct billing partnerships, and business growth through expanded marketing.
Financial Performance
| Period Ended | Revenue (₹ Cr) | Expense (₹ Cr) | Profit After Tax (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2023 | 65.70 | 62.94 | 2.45 | 50.70 |
| 2024 | 87.17 | 81.00 | 4.61 | 66.53 |
| 2025 | 176.20 | 162.64 | 10.12 | 106.76 |
Key Financial Ratios (FY2025)
| KPI | Value |
|---|---|
| ROE | 24.92% |
| ROCE | 23.38% |
| EBITDA Margin | 10.04% |
| PAT Margin | 5.79% |
| Debt to Equity Ratio | 0.82 |
| EPS (Basic) | ₹10.27 |
| Price/Earning P/E Ratio | N/A |
| RoNW | 24.92% |
| Net Asset Value (NAV) | ₹41.20 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW (%) | NAV | Income |
|---|---|---|---|---|---|
| Supreme Power Equipment Limited | 7.44 | 29.43 | 20.46 | 37.01 | 148.72 Cr. |
| Shivalic Power Control Limited | 5.50 | 21.58 | 11.00 | 46.81 | 132.36 Cr. |
| RMC Switchgears Limited | 30.30 | 28.21 | 29.41 | 101.39 | 318.16 Cr. |
Purpose of the IPO
- Establishing GIS manufacturing facility in Gujarat
- Establishing manufacturing facility in Odisha
- Repayment of short term borrowings
- General corporate purposes
Registrar & Contact Details
Registrar:
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: peel.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Lead Manager:
Horizon Management Private Limited
Company Address:
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/
Reviews
Brokerage and research house reviews for Parth Electricals IPO are awaited.
