Parth Electricals IPO is a book-built issue, aiming to raise ₹49.72 crore through a complete fresh issue of 29.25 lakh equity shares. The IPO bidding window was open from August 4, 2025, to August 6, 2025. The IPO allotment was finalised on August 7, 2025. The shares are set to list on NSE SME on August 11, 2025.
The issue was priced at a fixed rate of ₹170 per share, with a minimum lot size of 800 shares. The minimum application size for retail investors was ₹2,72,000 (1,600 shares). The IPO received strong investor interest and was subscribed 23.77 times overall, with the highest interest coming from the non-institutional investor (NII) segment, which was subscribed 43.93 times, followed by the retail investors at 20.28 times.
Parth Electricals' ₹49.72 crore IPO, priced at ₹170 per share, was subscribed 23.77 times in total. The issue consisted entirely of a fresh issue of 29.25 lakh equity shares. The IPO was open for bidding between August 4 and August 6, 2025, with allotment finalised on August 7, 2025. Retail investors subscribed 20.28 times, and NIIs subscribed 43.93 times. Listing on NSE SME is scheduled for August 11, 2025.
The table below breaks down the Parth Electricals share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| 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%) |
| Total Shares Offered | 29,24,800 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 17.65 |
| Non-Institutional Investors | 43.93 |
| Retail Individual Investors | 20.28 |
| Total shares | 23.77 |
Note: The subscription details are as of August 6, 2025
Parth Electricals and Engineering Limited, established in May 2007, is a Vadodara-based company that began as a service-oriented firm and later evolved into a manufacturing player within the electrical equipment industry.
The company manufactures 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 provides services like installation, testing, commissioning, and turnkey execution of Air Insulated and Gas Insulated Substations (AIS and GIS) up to 220kV.
Parth Electricals serves a wide range of clients including Aditya Birla, Ultratech Cement, L&T, RIL, Adani, Tata Power, Schneider Electric, and BHEL. The company's facility in Manjusar, Vadodara, is ISO 9001:2015, 14001, and 45001 certified, highlighting its commitment to quality and safety.
The company has also expanded its reach internationally by exporting its products and services. Its strategic growth is driven by a focus on rigorous quality control, expanding its customer base, and strong tie-ups for direct billing, positioning it as a reliable player in the power infrastructure space.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Aug 6, 2025, 7:46 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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