IPO Details

Bidding Dates

04 Aug '25 - 06 Aug '25

Minimum Investment

₹2,72,000 / 2 Lots (1,600 Shares)

Price Range

₹160 – ₹170

Maximum Investment

₹2,72,000 / 2 Lots (1,600 Shares)

Retail Discount

To be announced

Issue Size

₹49.72 Cr

Investor category and sub category

Retail Individual Investors (RII)  |   Non-institutional Investors (NII)  |   Qualified Institutional Buyers (QIB)  |  

Parth Electricals IPO Important Dates

Important dates with respect to IPO allotment and listing

Opening Date

Aug 04, 25

Closing Date

Aug 06, 25

Basis of Allotment

Aug 07, 25

Initiation of Refunds

Aug 07, 25

IPO Listing Date

Aug 11, 25

IPO Subscription Details

DateQIBNIIRetailTotal

Day 1Aug 3, 2025

 0.21 1.36 0.99 0.83

About Parth Electricals IPO

Parth Electricals IPO is a book-built issue worth ₹49.72 crore. The IPO consists entirely of a fresh issue of 29.25 lakh equity shares. The issue opens for subscription on August 4, 2025, and closes on August 6, 2025. The allotment is expected to be finalised on August 7, 2025, with a tentative listing date on NSE SME scheduled for August 11, 2025.

The price band for the IPO is fixed at ₹160 – ₹170 per share. Retail investors must apply for a minimum of 2 lots comprising 1,600 shares, requiring an investment of ₹2,72,000 at the upper price band. HNI investors must apply for a minimum of 3 lots (2,400 shares), amounting to ₹4,08,000.

Horizon Management Private Limited is the book-running lead manager to the issue, and Kfin Technologies Limited is the registrar. Shreni Shares Limited is acting as the market maker for this IPO.

For detailed information on financial performance, risk factors, and business operations, investors should refer to the Parth Electricals IPO RHP.

Industry Outlook

  1. India’s power transmission and distribution sector is undergoing rapid growth, driven by rising energy demand, industrialisation, and government-led infrastructure reforms. The global market is expected to grow from USD 344.32 billion in 2024 to USD 505.28 billion by 2034, at a CAGR of 3.91%.
  2. In India, the shift to renewables and natural gas is reshaping power generation, prompting major upgrades in transmission networks. Government initiatives like the Revamped Distribution Sector Scheme (RDSS) aim to boost efficiency and cut losses across utilities.
  3. The sector includes global giants such as ABB, GE, and Hitachi Energy, as well as Indian leaders like CG Power, Schneider Electric Infrastructure, and Marine Electricals. These firms manufacture key equipment such as switchgear, control panels, and substation systems.
  4. System integrators and EPC firms are vital to turnkey projects in high and extra-high-voltage segments. Their technical expertise ensures smooth implementation and regulatory compliance, especially as automation and smart grids gain momentum.

Parth Electricals IPO Objectives

The company proposes to utilise the net proceeds from the IPO for the following objectives:

  1. Invest in land, construction, and specialised equipment to set up a Gas Insulated Switchgear (GIS) unit, enhancing high-voltage product capabilities and market presence.
  2. Launch a new facility for electrical panels and substation equipment to serve eastern India, improving delivery speed and lowering logistics costs.
  3. Reduce debt to strengthen the balance sheet, lower interest costs, and increase financial flexibility.
  4. Meet working capital needs, cover administrative expenses, support brand development, and fund strategic initiatives to boost long-term resilience.

About Parth Electricals Limited

Parth Electricals & Engineering Limited was originally incorporated as Parth Electricals & Engineering Private Limited on 4 May 2007 under the Companies Act, 1956. The company was subsequently converted into a public limited company and renamed Parth Electricals & Engineering Limited on 14 November 2024.

The company is engaged in the design, manufacturing, and supply of electrical panels, Ring Main Units (RMUs), Compact Substations (CSS), and Control & Relay Panels (CRPs), catering to power distribution systems ranging from 415V to 132KV. Its products serve a diverse clientele across the power transmission and distribution sector, including public sector undertakings, utilities, and private infrastructure developers.

Parth operates a fully integrated manufacturing facility in Manjusar, Vadodara, Gujarat, equipped with advanced machinery and testing infrastructure. The company has also entered into technology transfer agreements with global players such as Schneider Electric SAS and Beijing Hezong Science and Technology Co. Ltd., enabling it to offer high-quality, technologically advanced solutions.

The company’s operations are primarily concentrated in Gujarat, which accounted for over 90% of its revenue in FY25, with additional presence in Odisha and Uttar Pradesh. Parth’s growth strategy is focused on expanding its manufacturing footprint, particularly through the establishment of a new facility in Odisha and a dedicated GIS manufacturing unit in Gujarat.

How To Check the Allotment Status of the Parth Electricals IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for Parth Electricals IPO Online?

  1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
  2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
  3. Select IPO: Find and select the Parth Electricals IPO from the list of open IPOs.
  4. Enter the Lot Size: Specify the number of lots you want to bid for.
  5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
  6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of Parth Electricals IPO

Registered Office: 301, Riddhi-Siddhi Elanza, Near Domino’s, Subhanpura, Vadodara, Gujarat – 390023, India.

Phone: +91 265 2291922
E-mail: cs@parthelectricals.in

Parth Electricals IPO Reservation

Investor Category

Shares Offered

Market Maker Shares Offered

1,46,400 (5.01%)

QIB Shares Offered

13,53,600 (46.28%)

− Anchor Investor Shares Offered

8,12,000 (27.76%)

− QIB (Ex. Anchor) Shares Offered

5,41,600 (18.52%)

NII (HNI) Shares Offered

4,07,200 (13.92%)

− bNII > ₹10L

2,71,200 (9.27%)

− sNII < ₹10L

1,36,000 (4.65%)

Retail Shares Offered

9,48,800 (32.44%)

Employee Shares Offered

68,800 (2.35%)

Total Shares Offered

29,24,800 (100.00%)

Parth Electricals IPO Lot Size

Application

Lots

Shares

Amount

Individual investors (Retail) (Min)

2

1,600

₹2,72,000

Individual investors (Retail) (Max)

2

1,600

₹2,72,000

S-HNI (Min)

3

2,400

₹4,08,000

S-HNI (Max)

7

5,600

₹9,52,000

B-HNI (Min)

8

6,400

₹10,88,000

Employee (Min)

2

1,600

₹2,72,000

Employee (Max)

1

800

₹1,36,000

Parth Electricals IPO Promoter Holding

The promoters of the company are Jigneshkumar Gordhanbhai Patel and Jemini Jigneshkumar Patel.

Share Holding Pre-Issue

79.60%

Share Holding Post Issue

62.57%

Key Performance Indicators for Parth Electricals IPO

The market capitalisation of Parth Electricals IPO is ₹232.36 Cr. Here are the KPIs of Parth Electricals:

KPI

Value

EBITDA Margin (%)

10.04

PAT Margin (%)

5.79

Return on Equity (RoE) (%)

24.92

Return on Capital Employed (ROCE) (%)

23.38

Parth Electricals IPO Prospectus

Parth Electricals IPO Registrar and Lead Managers

Parth Electricals IPO Lead Managers

  • Horizon Management Private Limited

Registrar for Parth Electricals IPO

KFin Technologies Limited

Parth Electricals IPO Registrar

  • How to Apply in IPO
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Parth Electricals IPO FAQs

What is the Parth Electricals IPO?

Parth Electricals IPO is a book-built issue IPO. It will be open for subscription from August 4, 2025, to August 6, 2025. 

When will the Parth Electricals IPO be allotted?

The Basis of Allotment is expected to be finalised on Thursday, August 7, 2025. 

When will the Parth Electricals IPO open for subscription?

The IPO subscription window will open on Monday, August 4, 2025. 

What minimum lot size can retail investors subscribe to?

The minimum lot size retail investors can subscribe to is 2 lots, and each lot consists of 800 shares, making it 1,600 shares in total. 

When will Parth Electricals Limited list on exchanges?

The tentative listing date for Parth Electricals Limited is Monday, August 11, 2025. 

What is the issue size of the Parth Electricals IPO?

The issue size of the Parth Electricals IPO is up to ₹49.72 crores, consisting entirely of a fresh issue of 29.25 lakh equity shares. 

What are the open and close dates of the Parth Electricals IPO?

The open and close dates for the Parth Electricals IPO are from August 4, 2025, to August 6, 2025. 

What would be the listing gains on the Parth Electricals IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.  

How to increase your chances of getting a Parth Electricals IPO allotment?

  1. Multiple Submissions: Use different Demat accounts to make multiple applications.
  2. Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
  3. Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.

How do I approve the UPI mandate request for the Parth Electricals IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate. 

Can I submit more than one application for the public issue of Parth Electricals Limited using one PAN?

You can submit only one application using your PAN card. 

How to read Parth Electricals Limited's financial statements?

To read Parth Electricals ‘s financial statements, download the IPO’s RHP document. 

What is 'pre-apply' for Parth Electricals Limited IPO?

Pre-apply allows investors to apply for the Parth Electricals IPO two days before the subscription period opens, ensuring an early submission of your application. 

If I pre-apply for the Parth Electricals Limited IPO, when will my order get placed?

Your order will be placed when the IPO opens for bidding, and a UPI request will follow within 24 hours. 

When will I know if my Parth Electricals Limited IPO order is placed?

You will receive a notification once your order is successfully placed with the exchange after the bidding starts.  

Who is the registrar of the Parth Electricals IPO?

KFin Technologies Limited is the registrar responsible for managing the IPO allotment process and handling investor-related queries. 

Where is the Parth Electricals IPO getting listed?

Parth Electricals Limited IPO is proposed to be listed on the SME platform of the National Stock Exchange (NSE SME).