Parth Electricals & Engineering Limited has evolved from a service-oriented company into a specialized manufacturer of advanced electrical equipment, addressing the needs of India’s rapidly growing power and infrastructure sectors.
The company offers a diverse range of products, including:
- 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, Parth Electricals provides comprehensive EPC solutions—covering installation, testing, commissioning, and turnkey execution of Air Insulated Substations (AIS) and Gas Insulated Substations (GIS) up to 220kV, as well as High Voltage (HV) and Extra High Voltage (EHV) cable laying projects.
The company’s commitment to quality is underscored by its ISO 9001:2015, ISO 14001, and ISO 45001 certifications, ensuring excellence in quality management, environmental responsibility, and occupational health and safety.
With a modern manufacturing facility located in Manjusar, Vadodara, Parth Electricals serves a prestigious clientele that includes Aditya Birla Group, Ultratech Cement, Larsen & Toubro, Reliance Industries, Adani, Tata Power, Schneider Electric, BHEL, Tata Steel, Siemens, Jindal Steel & Power, GFL, and many others.
Over the years, the company has expanded its reach beyond domestic markets, supplying products and solutions globally and supporting critical infrastructure and industrial projects worldwide.
By combining robust manufacturing capabilities with turnkey project expertise, Parth Electricals & Engineering Limited continues to strengthen its presence in the power distribution and industrial engineering landscape.
Parth Electricals IPO – Details
| IPO Opening Date | 04 August 2025 |
| IPO Closing Date | 06 August 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 29,24,800 Shares Worth ₹49.72 Crore Fresh Issue: 29,24,800 Shares Worth ₹49.72 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹160 – ₹170 per share |
| Market Lot | 800 Shares |
| Min Order | 800 Shares [ 1 Lot ] |
| Employee Discount | ₹8.00 |
| Listing At | NSE SME |
| Registrar | Kfin Technologies Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Parth Electricals IPO – Date Schedule
| IPO Open Date | 04 August 2025 |
| IPO Close Date | 06 August 2025 |
| Basis of Allotment | 07 August 2025 |
| Initiation of Refund | 08 August 2025 |
| Credit of Shares to Demat | 08 August 2025 |
| IPO Listing Date | 11 August 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 06, 2025 |
Parth Electricals IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | ₹2,72,000 |
| 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 |
Competitive Strengths
- Ensuring Excellence Through Rigorous Quality Control Processes.
- Strategic Tie Ups for Direct Billing.
- Enhance operations by increasing our customer base through marketing.
Company Promoters
- Jigneshkumar Gordhanbhai Patel
- Jemini Jigneshkumar Patel
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹65.70 Cr | ₹62.94 Cr | ₹2.45 Cr | ₹8.43 Cr |
| 31 March 2024 | ₹87.17 Cr | ₹81.00 Cr | ₹4.61 Cr | ₹15.84 Cr |
| 31 March 2025 | ₹176.20 Cr | ₹162.63 Cr | ₹10.12 Cr | ₹33.33 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 24.92% |
| ROCE | 23.38% |
| Debt/Equity | 0.82 |
| RoNW | 24.92% |
| PAT Margin | 5.79% |
| EBITDA Margin | 10.04% |
| Price to Book Value | 4.13 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.42 | 7.40 |
| P/E (x) | 18.05 | 22.97 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Establishing GIS manufacturing facility in Gujarat. | ₹20.00 |
| Establishing a manufacturing facility in Odisha. | ₹19.00 |
| Repayment of Short Term Borrowings. | ₹15.00 |
| General Corporate Purposes. |
✅Strengths
- Wide range of products & turnkey EPC solutions.
- Strong client base (Aditya Birla, L&T, Reliance, etc.).
- Technology tie-up with Schneider Electric.
- ISO-certified quality, safety & environmental standards.
- Growing domestic & export presence.
⚠️Risks
- Dependence on few large clients.
- Highly competitive industry.
- Raw material price volatility.
- Project execution delays could affect reputation.
- Reliance on technology agreements.
Parth Electricals IPO Promoter Holding
| Pre Issue Share Holding | 79.60% |
| Post Issue Share Holding | 62.57% |
Parth Electricals IPO Prospectus
Company Contact Information
| Parth Electricals & Engineering Ltd. 301, Riddhi-Siddhi Elanza, Near Dominos, Subhanpura Vadodara, Gujarat, 390023 Phone: 0265 2291922 Email: cs@parthelectricals.in Website: http://www.parthelectricals.in/ |
Parth Electricals IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: peel.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Parth Electricals IPO Lead Manager(s)
| 1. Horizon Management Private Limited |
Parth Electricals IPO FAQ
| What is Parth Electricals IPO? Parth Electricals IPO is an SME IPO. The issue is priced at ₹160 to ₹170 per equity share. The IPO is to be listed on NSE SME. |
| When Parth Electricals IPO will open? The IPO is to open on 04 August 2025 for QIB, NII, and Retail Investors. |
| What is Parth Electricals IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Parth Electricals IPO? You can apply Parth Electricals IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Parth Electricals IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Parth Electricals IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Parth Electricals IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Parth Electricals IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Parth Electricals IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Parth Electricals IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Parth Electricals IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Parth Electricals IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is the Parth Electricals IPO Size? Parth Electricals IPO size is ₹49.72 Crore. |
| What is the Parth Electricals IPO Price Band? Parth Electricals IPO Price Band is ₹160 to ₹170. |
| What is Parth Electricals IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1600 Shares with ₹2,72,000 amount, while the maximum bid is 1600 Shares with ₹2,72,000. |
| What is the Parth Electricals IPO Allotment Date? Parth Electricals IPO allotment date is 07 August 2025. |
| What is the Parth Electricals IPO Listing Date? Parth Electricals IPO listing date is 11 August 2025. The IPO is to be listed on the NSE SME. |
