Parth Electricals IPO
Parth Electricals IPO
Overview
Parth Electricals IPO is a bookbuilding of 29.25 lakh shares. The issue is entirely a fresh issue of 29.25 lakh shares. Parth Electricals IPO opens for subscription on August 4, 2025 and closes on August 6, 2025. The allotment for the Parth Electricals IPO is expected to be finalized on Thursday, August 7, 2025. Parth Electricals IPO will be list on NSE SME with a tentative listing date fixed as Monday, August 11, 2025. Parth Electricals IPO price bands are yet to be announced. Horizon Management Private Limited is the book-running lead manager of the Parth Electricals IPO, while Kfin Technologies Limited is the registrar for the issue.The market maker for Parth Electricals IPO is Shreni Shares Limited.
Total Shares
29,24,800
Issue Size
₹49.72 Cr
Price Band
₹170 – ₹170
Lot Size
800 shares
Min. Investment
₹2,72,000
Max. Investment
₹2,72,000
Open Date
04 Aug, 2025
Close Date
06 Aug, 2025
Allotment
07 Aug, 2025
Listing
11 Aug, 2025
Max. Investment
₹2,72,000
Announced
04 Aug, 2025
Opening Date
04 Aug, 2025
Closing Date
06 Aug, 2025
Basis of Allotment
07 Aug, 2025
Initiation of Refunds
07 Aug, 2025
Credit of Shares
08 Aug, 2025
Listing Date
11 Aug, 2025
Live GMP
Est. Listing: ₹180
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About Parth Electricals IPO
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 Insul
Parth Electricals IPO Share Price
Issue Breakdown
Shareholding
Dilution: 27.2% increase in shares
Parth Electricals IPO Promoters Holding
Parth Electricals IPO Financial Health
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.
Parth Electricals IPO Lot Size
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 | 1600 | ₹2,72,000 |
| Individual investors (Retail) (Max) | 2 | 1600 | ₹2,72,000 |
| S-HNI (Min) | 3 | 2400 | ₹4,08,000 |
| S-HNI (Max) | 7 | 5600 | ₹9,52,000 |
| B-HNI (Min) | 8 | 6400 | ₹10,88,000 |
| Employee (Min) | 2 | 1600 | ₹2,72,000 |
| Employee (Max) | 1 | 800 | ₹1,36,000 |
(All values in CR)
Parth Electricals IPO Valuations
| Metric | Value |
|---|---|
| ROE | 24.92 |
| ROCE | 23.38 |
| Debt/Equity | 0.82 |
| RoNW | 24.92 |
| PAT Margin | 5.79 |
| EBITDA Margin | 10.04 |
(All values in CR)
Parth Electricals IPO Strength & Risk
Parth Electricals IPO Strength:
Comprehensive turnkey solutions for power distribution, producing GIS/RMU/CSS panels from 415 V to 132 kV, aligned with IS/IEC standards and supported by a partnership with Schneider Electric SAS.
ISO‑certified operations (ISO 9001:2015, 14001:2015, 45001:2018) and in-house quality assurance lab for independent testing and compliance.
Prestigious clientele including Tata Power, Adani Green, UGVCL, CPWD, Military Engineering Services, and Smart Cities initiatives—demonstrating trust in execution capabilities.
Financial turnaround from loss in FY22 to PAT ₹4.61 Cr in FY24; annualised FY25 revenue ₹139.8 Cr and PAT ₹8.24 Cr with EBITDA margin of 10.5% and PAT margin 5.9%.
Growth reflected in net worth ramping to ₹34.59 Cr as of Sep‑24; debt at ₹30.13 Cr remains moderate relative to assets (₹89 Cr).
Parth Electricals IPO Risk:
SME listing constraints on NSE EMERGE may lead to low liquidity and volatile trading post-listing.
Early-stage financial scale: ₹87 Cr revenue and ₹4.61 Cr PAT in FY24, though improved, remain modest; volatile base compared to established players.
Execution risk: Fresh capex plans include establishing GIS manufacturing in Gujarat and Odisha; delays or cost overruns could impede scale-up and revenue realization.
Borrowing and leverage exposure: Borrowings around ₹30 Cr may impact flexibility and margin if operational cash flows remain tight or cost of capital rises.
Competitive intensity: Faces stiff competition from large peers like ABB, Siemens, Eaton, CG and C&S; ability to compete on pricing and scale is uncertain.
Parth Electricals IPO Subscriptions Status
Parth Electricals IPO subscribed 23.77 times. The public issue subscribed 20.28 times in the individual investors category, 17.65 times in QIB, and 43.93 times in the NII category by August 6, 2025 6:19:59 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 8,12,000 | 8,12,000 | 13.8 |
| Market Maker | 1.00 | 1,46,400 | 1,46,400 | 2.49 |
| Qualified Institutions | 17.65 | 5,41,600 | 95,58,400 | 162.49 |
| Non-Institutional Buyers | 43.93 | 4,07,200 | 1,78,86,400 | 304.07 |
| bNII (bids above ₹10L) | 52.99 | 2,71,200 | 1,43,72,000 | 244.32 |
| sNII (bids below ₹10L) | 25.84 | 1,36,000 | 35,14,400 | 59.74 |
| Individual Investors (IND category bidding for 2 Lots) | 20.28 | 9,48,800 | 1,92,40,000 | 327.08 |
| Total | 23.77 | 19,66,400 | 4,67,44,800 | 794.66 |
Parth Electricals IPO GMP
Parth Electricals SME IPO last GMP is ₹10, last updated Aug 8th 2025 05:00 PM. With the price band of 170.00, Parth Electricals SME IPO's estimated listing price is ₹180 (cap price + today's GMP).The expected percentage gain/loss per share is 5.88%. >> Parth Electricals SME IPO Retail Subject to Sauda: ₹6100 The lowest GMP is ₹0.00, while the highest GMP is ₹22.00.
Last updated 08 Aug, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 08 Aug, 2025 | 170 | ₹10 | 6100 | ₹180 (5.88%) | 8000 | 08 Aug, 2025 |
| 07 Aug, 2025 | 170 | ₹10▼ | 6100 | ₹180 (5.88%) | 8000 | 07 Aug, 2025 |
| 06 Aug, 2025 | 170 | ₹14▼ | 8500 | ₹184 (8.24%) | 11200 | 06 Aug, 2025 |
| 05 Aug, 2025 | 170 | ₹22 | 13400 | ₹192 (12.94%) | 17600 | 05 Aug, 2025 |
| 04 Aug, 2025 | 170 | ₹22 | 13400 | ₹192 (12.94%) | 17600 | 04 Aug, 2025 |
| 03 Aug, 2025 | 170 | ₹22▲ | 13400 | ₹192 (12.94%) | 17600 | 03 Aug, 2025 |
| 02 Aug, 2025 | 169 | ₹0 | - | ₹170 (0.00%) | - | 02 Aug, 2025 |
| 01 Aug, 2025 | 170 | ₹0 | - | ₹170 (0.00%) | - | 01 Aug, 2025 |
| 31 Jul, 2025 | 170 | ₹0 | - | ₹170 (0.00%) | - | 31 Jul, 2025 |
| 30 Jul, 2025 | 170 | ₹0 | - | ₹170 (0.00%) | - | 30 Jul, 2025 |
| 29 Jul, 2025 | 170 | ₹0 | - | ₹170 (0.00%) | - | 29 Jul, 2025 |
| 28 Jul, 2025 | 170 | ₹0 | - | ₹170 (0.00%) | - | 28 Jul, 2025 |
| 27 Jul, 2025 | 0 | ₹0 | - | ₹170 (0.00%) | - | 27 Jul, 2025 |
| 26 Jul, 2025 | 0 | ₹0 | - | ₹ (0.00%) | - | 26 Jul, 2025 |
| 25 Jul, 2025 | 0 | ₹0 | - | ₹ (%) | - | 25 Jul, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Parth Electricals IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Parth Electricals IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.