Popular Analysis

What is the latest news of Parth Electricals IPO?

The company will enter the market on 4 August 2025.

About Parth Electricals

Parth Electricals and Engineering Limited, established in May 2007, began as a service-oriented firm and has steadily evolved into a full-fledged manufacturer of electrical equipment.

The company specializes in the production of:

  • Medium Voltage (MV) switchgear panels

  • Vacuum Circuit Breaker (VCB) panels

  • Earth Link Boxes

  • Control and Relay Panels (CRP)

  • Compact Substations (CSS)

In addition to manufacturing, it undertakes turnkey projects involving installation, testing, and commissioning of Air Insulated Substations (AIS) and Gas Insulated Substations (GIS) up to 220kV, as well as HV and EHV cable laying.

Parth Electricals boasts an impressive clientele, including Aditya Birla Group, Ultratech Cement, L&T, RIL, Adani, Tata Power, Siemens, BHEL, Jindal Steel & Power, Schneider Electric, and Tata Steel, among others.

Its manufacturing unit is located at Manjusar, Vadodara, and the company holds ISO 9001:2015, ISO 14001, and ISO 45001 certifications—demonstrating its commitment to quality, environment, and occupational safety standards.

With a strong presence in sectors like power distribution, infrastructure, and industrial manufacturing, the company has also made its mark globally by exporting its products and services to international markets.

Parth Electricals IPO Details

Sector: Marketing & Promotion

IPO opens on  4 August 2025
IPO closes on  6 August 2025
Issue Type Book Built Issue IPO
Issue Size 29,24,800 Shares /
Rs ? Crore
* Fresh Issue
* Offer for Sale –
Market Maker Portion 146,400 Shares
Net offer to Public 27,78,400 Shares
Rs. ? Crores
Face Value per share Rs. 10
Price Band Rs. ?
Employee discount  Rs. 0 per share
Retail Lot Size  ? Shares
Listing will at  NSE SME

How shares are being offered

Investor Category Shares Offered
Market Maker  1,46,400 (5.01%)
QIB  13,53,600 (46.28%)
NII (HNI)  4,07,200 (13.92%)
Retail  9,48,800 (32.44%)
Employee  68,800 (2.35%)
Total  29,24,800 (100.00%)

How shares can be applied?

Who are the Promoters of Parth Electricals IPO?

The Promoters of the company are Jigneshkumar Gordhanbhai Patel and Jemini Jigneshkumar Patel.The promoters hold 79.60% of the pre-IPO capital

What are the Objects of Parth Electricals IPO?

The Company proposes to utilize the Net Proceeds from Issue towards funding the following objects

+Establishing GIS manufacturing facility in Gujarat Rs. 20 Cr.
+Establishing manufacturing facility in Odisha Rs. 19 Cr.
+Repayment of Short Term Borrowings Rs. 15 Cr.
General corporate purposes

Parth Electricals IPO Timetable

Tentative timetable

IPO opens on 4 August 2025
IPO Closes on 6 August 2025
IPO Allotment on  7 August 2025
Refund Initiation  7 August 2025
Credit of Shares 8 August 2025
Listing on 11 August 2025
Registered Office of the Company
Parth Electricals & Engineering Ltd.
301, Riddhi-Siddhi Elanza,
Near Dominos,
Subhanpura
Vadodara, Gujarat, 390023
Lead Managers of this IPO
Horizon Management Pvt ltd
Who is the Registrar to the IPO?
Kfin technologies ltd

Parth Electricals IPO Financials

Period Ended 31-Mar-25 31-Mar-24 31-Mar-23
Assets 106.76 66.53 50.7
Revenue 176.2 87.17 65.7
Profit After Tax 10.12 4.61 2.45
EBITDA 17.53 9.05 4.31
Net Worth 40.59 14.5 9.58
Reserves and Surplus 30.57 13.25 8.64
Total Borrowing 33.33 15.84 8.43
Amount in Rs. Crore

 

Performance Indicators

KPI Values
ROE 24.92%
ROCE 23.38%
Debt/Equity 0.82
RoNW 24.92%
PAT Margin 5.79%
EBITDA Margin 10.04%
EPS  
PER  

 

 

 

How Parth Electricals IPO compares with the Peers?

Company Name P/E (x) RoNW (%)
Parth Electricals and Engineering   24.92
Supreme Power Equipment 29.43 20.46
Shivalic Power Control 21.58 11
RMC Switchgears 28.21 29.41

 

 

 


 

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Chanakya’s IPO Review – Parth Electricals by Paresh Gordhandas, CA & Research Analyst

Will update soon

Quicklinks


Parth Electricals IPO on 4 August IPO GMP

 
Parth Electricals IPO on 4 August
IPO review

Q1. What does Parth Electricals and Engineering Ltd do?

Parth Electricals is a Vadodara-based company engaged in manufacturing electrical equipment like MV switchgear panels, VCB panels, CRPs, CSS, and Earth Link Boxes. It also provides turnkey solutions for substations and high-voltage cable projects.

Q2. When is the Parth Electricals IPO open for subscription?

The IPO opens on 4 August 2025 and closes on 6 August 2025.

Q3. What is the size of the Parth Electricals IPO?

The IPO comprises a fresh issue of 29.25 lakh shares.

Q4. On which platform will Parth Electricals IPO be listed?

The shares are proposed to be listed on the NSE SME platform.

Q5. Should investors apply to this IPO?

Q5. Who is the lead manager and registrar to the issue?

Horizon Management Pvt Ltd is the Book Running Lead Manager and Kfin Technologies Ltd is the registrar.

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