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Parth Electricals & Engineering: Parth Electricals & Engineering shares get listed at 2.4% premium!

News by Aliceblue News Desk

11 Aug 2025

Parth Electricals & Engineering: Parth Electricals & Engineering shares get listed at 2.4% premium!

Content

Parth Electricals IPO made a modest debut on NSE at ₹174, 2.4% above its ₹170 issue price, on August 11. The IPO bidding occurred from August 4-6, 2025, with allotment finalized on August 7, marking a steady market entry.

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Parth Electricals & Engineering IPO details

On the final day, Parth Electricals IPO saw a strong subscription: 23.77 times overall, 20.28 times retail, 17.65 times QIB, and 43.93 times NII quota, showing high investor interest.

About Parth Electricals & Engineering Ltd

Parth Electricals & Engineering Ltd., founded in 2007, manufactures electrical equipment like MV switchgear panels and VCB panels. It provides turnkey solutions for AIS, GIS substations, and HV cable laying, serving major clients including Aditya Birla, L&T, and Tata Power.

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Parth Electricals & Engineering IPO objective

The Parth Electricals IPO aims to raise ₹49.72 crores through a fresh issue of 29.25 lakh shares to fund capacity expansion, enhance infrastructure, and support working capital for business growth and improved operational efficiency.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

FAQs

Q: At what price did Parth Electricals & Engineering list on the exchange?

A: Parth Electricals & Engineering listed at ₹174 per share, a 2.4% premium over its ₹170 issue price.

Q: How much was Parth Electricals & Engineering IPO subscribed?

A: The IPO was subscribed 23.77 times overall on the final day.

Q: What is the objective of Parth Electricals & Engineering IPO?

A: The IPO aims to raise ₹49.72 crores to fund capacity expansion, infrastructure enhancement, and working capital requirements.

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