Parth Electricals IPO
GMP, Subscription, Price, Dates & Financial Details
Electric Equipment
Parth Electricals & Engineering Limited, established in May 2007 and originally started as a proprietorship in 2005 by Mr. Jigneshkumar Gordhanbhai Patel, is a Gujarat-based company specializing in manufacturing and service solutions for the power distribution and transmission sector. The…
Open Date
Mon, 04 Aug 2025
Close Date
Wed, 06 Aug 2025
Price Band
₹ 160 – 170
Lot Size
800
Issue Size
₹ 49.72 Cr
Minimum Investment
₹ 272,000 (1600 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Parth Electricals IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹49.72 Crore, comprising a fresh issue of 29.25 Lakh equity shares aggregating to ₹49.72 Crore.
The Parth Electricals IPO remained open for subscription from August 04, 2025, to August 06, 2025. The basis of allotment was finalized on August 07, 2025, and the company's shares were listed on NSE SME Platform on August 11, 2025.
The company had fixed the price band at ₹160 to ₹170 per share, with a lot size of 800 shares. Retail investors were required to make a minimum investment of ₹272,000 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Parth Electricals & Engineering Ltd is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Parth Electricals IPO Timeline (Tentative)
- IPO Open Date
- Mon, 04 Aug 25
- IPO Close Date
- Wed, 06 Aug 25
- Basis of Allotment
- Thu, 07 Aug 25
- Initiation of Refunds
- Thu, 07 Aug 25
- Credit of Shares to Demat
- Fri, 08 Aug 25
- Listing Date
- Mon, 11 Aug 25 — NSE & BSE
Open Date
04 August 2025
Close Date
06 August 2025
Basis Of Allotment
07 August 2025
Listing Date
11 August 2025
IPO Subscription
Check Live Subscription →The Parth Electricals IPO has received bids for 4,69,05,600 shares against 19,66,400 shares offered, resulting in an overall subscription of 23.85x. the NII category is subscribed 44.28x, Retail Investors 20.29x, Employees 0.87x, and QIBs 17.65x. Within the NII category, BNII is subscribed 53.53x, while SNII is subscribed 25.84x.
QIB
17.65x
NII
44.28x
BNII
53.53x
SNII
25.84x
RII
20.29x
EMP
0.87x
Total
23.85x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 9,48,800 shares, representing 48.25% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 5,41,600 shares (27.54%), while Non-Institutional Investors (NIIs) receive 4,07,200 shares (20.71%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 541,600 | 27.54% |
| Non-Institutional | 407,200 | 20.71% |
| BNII | 271,200 | 13.79% |
| SNII | 136,000 | 6.92% |
| Retail Investors | 948,800 | 48.25% |
| Employees | 68,800 | 3.5% |
| Total | 1,966,400 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 106.76 | 66.53 | 50.7 |
| Revenue | 176.2 | 87.17 | 65.7 |
| Profit After Tax | 10.12 | 4.61 | 2.45 |
| Net Worth | 40.59 | 14.5 | 9.58 |
| Reserve & Surplus | 30.57 | 13.25 | 8.64 |
| Total Borrowings | 33.33 | 15.84 | 8.43 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Parth Electricals & Engineering Ltd KPI Information
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 24.92 | 31.81 | 25.54 |
| ROCE % | 23.38 | 24.5 | 19.63 |
| Debt / Equity | 0.82 | 1.09 | 0.88 |
| RoNW % | 24.92 | 31.81 | 25.54 |
| Pat Margin % | 5.79 | 5.31 | 3.74 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Parth Electricals and Engineering Ltd | 10 | 0.00 | 10.27 | 10.27 | 24.92 | 41.20 |
| Supreme Power Equipment Ltd | 10 | 29.43 | 7.44 | 7.44 | 20.46 | 37.01 |
| Shivalic Power Control Ltd | 10 | 21.58 | 5.50 | 5.50 | 11.00 | 46.81 |
| RMC Switchgears Ltd | 10 | 28.21 | 30.30 | 30.30 | 29.41 | 101.39 |
About Parth Electricals & Engineering Ltd
Parth Electricals & Engineering Limited, established in May 2007 and originally started as a proprietorship in 2005 by Mr. Jigneshkumar Gordhanbhai Patel, is a Gujarat-based company specializing in manufacturing and service solutions for the power distribution and transmission sector. The company evolved from a service-focused entity into a manufacturing and EPC (Engineering, Procurement, and Construction) powerhouse, particularly in the Medium Voltage (MV) and Low Voltage (LV) domains.
Products and Services:
Manufacturing & Supply:
- RMUs (Ring Main Units) and Compact Substations (CSS/PSS) under technology transfer from Schneider Electric SAS, France
- MV Switchgear Panels (as an outsourcing partner of Schneider Electric India)
- Control & Protection Relay Panels
- Metering Panels
- Earth Link Boxes
- VCB Panels and other LV/MV distribution components
Services and EPC:
- Turnkey installation, testing, and commissioning of electrical substations up to 220kV
- Specialized services for Gas Insulated (GIS) and Air Insulated Switchgears (AIS) up to 400kV
- HV & EHV cable laying, jointing, and termination up to 220kV
- Refurbishment and health check-up of switchgears
- Certified to install Pfisterer and Raychem systems
Technology Partnerships:
Parth has strong technical collaboration with Schneider Electric Industries SAS, including technology transfer agreements allowing Parth to manufacture, test, and market products using Schneider’s designs and standards.
Manufacturing Facility:
- Location: Manjusar, Vadodara, Gujarat
- Area: 1,76,000 sq. ft. on 4.05 acres
- Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018
- Capabilities: In-house production of RMUs, MV Panels, E-Houses, CSS, CRPs, and more
Clientele:
Served over 100+ clients across industries such as Oil & Gas, Cement, Steel, FMCG, and Infrastructure. Key clients include:
- Aditya Birla, Ultratech Cement, L&T, RIL, Adani, Tata Power, Schneider Electric, BHEL, Tata Steel, Siemens, GFL, Jindal Steel & Power
Strengths:
- Two decades of technical expertise in power infrastructure
- Deep integration with Schneider Electric’s global practices
- Strong project execution capabilities across India and internationally
- Strategic vendor relationships ensuring quality and timely delivery
- Committed to high standards of safety, quality, and environmental compliance
Competitive Advantages:
- Rigorous quality control
- Strategic partnerships for direct procurement and billing
- Expansion focus through targeted marketing and client diversification
Parth Electricals IPO Promoters
- Jigneshkumar Gordhanbhai Patel
- Jemini Jigneshkumar Patel
Promoters Holding
Holding Pre Issue
79.60%
Holding Post Issue
62.57%
Parth Electricals IPO Objective
The Company Parth Electricals & Engineering IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Establishing GIS manufacturing facility in Gujarat
- Establishing manufacturing facility in Odisha
- Repayment of Short Term Borrowings
- General corporate purposes
Parth Electricals & Engineering Ltd Address / Contact Details
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/
IPO Snapshot
Parth Electricals IPO Lot Size
The Parth Electricals IPO has a lot size of 800 shares. Retail investors require a minimum investment of ₹2,72,000 by applying for 2 lot (1,600 shares). The maximum application allowed for the retail category is 2 lots (1,600 shares), requiring an investment of ₹2,72,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | 272,000.00 |
| Retail (Max) | 2 | 1,600 | 272,000.00 |
| S-HNI (Min) | 3 | 2,400 | 408,000.00 |
| S-HNI (Max) | 7 | 5,600 | 952,000.00 |
| B-HNI (Min) | 8 | 6,400 | 1,088,000.00 |
Issue Reservation
- QIB — 27.54%
- NII — 20.71%
- RII — 48.25%
- EMP — 3.5%
Book Running Lead Managers
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Parth Electricals IPO?
Parth Electricals IPO is a Book-building IPO with a total issue size of ₹49.72 crore. The Parth Electricals IPO price band is ₹160 to 170 per share. The Parth Electricals IPO subscription opens on Mon, Aug 4, 2025, and closes on Wed, Aug 6, 2025. The Parth Electricals IPO will be listed on the NSE. KFin Technologies Limited is the registrar for the Parth Electricals IPO.
When will the Parth Electricals IPO open for subscription?
The Parth Electricals IPO opens on Mon, Aug 4, 2025 and closes on Wed, Aug 6, 2025
What is Parth Electricals IPO Price Band?
Parth Electricals IPO Price Band is ₹160 to 170 per share.
What is Parth Electricals IPO Lot Size?
Parth Electricals IPO lot size is 800 shares, Retail investors need a minimum investment of ₹272000 based on the upper price band
What is the minimum investment for Parth Electricals IPO?
The minimum investment for Parth Electricals IPO is ₹272000, based on one lot of 800 shares at the upper price band of ₹170 per share.
How to apply for Parth Electricals IPO?
Investors can apply for the Parth Electricals IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Aug 6, 2025. The application amount remains blocked until the Parth Electricals IPO allotment is finalized.
What is Parth Electricals IPO Issue Size?
Parth Electricals IPO issue size is ₹49.72 crores.
What is the Parth Electricals IPO Allotment Date?
Parth Electricals IPO allotment date is Thu, Aug 7, 2025.
Who is the Parth Electricals IPO Registrar?
The registrar for Parth Electricals IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Parth Electricals IPO allotment status, refund processing, and other IPO-related information.
What is the Parth Electricals IPO GMP?
The Parth Electricals IPO GMP (Grey Market Premium) is ₹6 as of Mon, Aug 11, 2025. Based on the upper price band of ₹170 per share, the estimated Parth Electricals IPO listing price is ₹176, indicating a potential listing gain of approximately 3.53% over the issue price.
Who is the Parth Electricals IPO Lead Manager?
The book-running lead managers (BRLMs) for the Parth Electricals IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Parth Electricals IPO Red Herring Prospectus (RHP).