Mumbai – Parth Electricals & Engineering Limited, a renowned name in India's electrical and engineering services sector, is set to open its Initial Public Offering (IPO) on Monday, August 4, 2025, closing on Wednesday, August 6, 2025. The company, established in 2005, is known for its superior product design, robust engineering, and high-quality electrical equipment.
The IPO consists of 29,24,800 equity shares of face value ₹10 each, priced in a band of ₹160 to ₹170 per share, inclusive of a premium of ₹150–₹160. The total offering is expected to raise up to ₹4,966.31 lakh in proceeds.
Key Offering Highlights
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Anchor Investor Bidding: Scheduled for Friday, August 1, 2025, a day before the IPO opens to the public.
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Market Maker Reservation: 1,46,400 shares at ₹170 each reserved, amounting to ₹248.88 lakh.
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Employee Reservation: 68,800 shares allocated for eligible employees, totaling ₹111.112 lakh.
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Post-issue Share Capital Impact: The public issue will represent 21.40% of the post-issue paid-up equity capital, with net issue accounting for 19.82%.
All investors (excluding anchor investors) are required to apply through the Application Supported by Blocked Amount (ASBA) process.
Company Background
Originally incorporated on May 4, 2007, under the Companies Act, 1956 as Parth Electricals & Engineering Private Limited, the firm transitioned into a public entity on November 14, 2024, adopting the current name.
Over the years, Parth Electricals has carved out a reputation for delivering integrated solutions tailored to the evolving infrastructure and industrial demands in India. The IPO marks a significant milestone in its growth journey, aligning with its long-term vision and expansion plans.