The Quality Power IPO is set to close soon, leaving investors with a crucial decision—apply or skip? With fluctuating Grey Market Premium (GMP) and market sentiments at play, let’s analyze the key details, risks, and expert opinions to help you decide.
Quality Power IPO Key Details
- IPO Opening Date: February 14, 2025
- IPO Closing Date: February 18, 2025
- Price Band: ₹401 – ₹425 per share
- Lot Size: 26 shares
- Total Issue Size: ₹858.70 crore
- GMP (As of Today): ₹5
Quality Power IPO GMP & Subscription Status
The Grey Market Premium (GMP) for the Quality Power IPO started at ₹49 but has declined to ₹5 as of February 17, 2025. This indicates a moderate listing premium, raising concerns among short-term investors.
The IPO has seen decent subscription levels, with strong participation from institutional investors. However, retail and HNI investors are closely watching the latest GMP trends.
Subscription Data (As of Day 2):
- Qualified Institutional Buyers (QIBs): 5.2x
- Non-Institutional Investors (HNIs): 3.8x
- Retail Investors: 2.4x
The numbers suggest strong demand from institutional investors, which is a positive sign for the IPO’s credibility.
Should You Apply for the Quality Power IPO?
Reasons to Apply:
✔ Strong Industry Growth: Quality Power operates in the electrical equipment sector, which is expected to grow significantly.
✔ Robust Institutional Interest: High QIB subscription indicates strong backing.
✔ Potential for Listing Gains: Despite a declining GMP, experts still predict moderate listing gains.
Reasons to Skip:
❌ Falling GMP: A sharp drop from ₹49 to ₹5 may indicate weak demand post-listing.
❌ Market Volatility: Recent stock market fluctuations could impact the IPO’s performance.
❌ Valuation Concerns: Some analysts believe the IPO is priced aggressively.
Final Verdict: Apply or Skip?
If you’re a long-term investor, Quality Power IPO could be a good bet due to its strong fundamentals and industry outlook. However, for short-term listing gains, the falling GMP raises red flags.
📌 Expert Advice: If you apply, consider holding for the long term rather than expecting immediate profits.
Important Dates After IPO Closure
- Allotment Finalization: February 19, 2025
- Refunds Initiated: February 20, 2025
- Shares Credited to Demat: February 20, 2025
- Listing Date: February 21, 2025
🚀 Don’t miss out! If you’re interested, apply before the IPO closes on February 18, 2025.
