Parth Electricals & Engineering Ltd
Pre Issue Shares
1,00,18,155
No. of Shares Issued
36,50,000
Pre Issue Equity Amt.
₹10.02 Cr
DP Filling Date
27 March 2025
Parth Electricals & Engineering Ltd IPO Timeline
Parth Electricals & Engineering Limited was incorporated on May 4, 2007 as a private limited company under the name and style of Parth Electricals & Engineering Private Limited', dated May 4, 2007 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Company
Parth Electricals & Engineering Ltd IPO Details
| Parth Electricals & Engineering Ltd IPO Date | - |
| Parth Electricals & Engineering Ltd IPO Face Value | - |
| Parth Electricals & Engineering Ltd IPO Price | - |
| Parth Electricals & Engineering Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Jigneshkumar Gordhanbhai Patel, Jemini Jigneshkumar Patel |
- Strengths
- Risks
- Opportunities
- Complete engineering, design and service capabilities for Electrical Panels, RMUs & CSS manufacturing for Power Distribution ranging from 415 V to 33KV & Protection Relay Control Panels ranging from 33KV to 132KV.
- Knowledge of all IS & IEC standards required for the products and Type Testing. Our dedication to delivering products of the highest quality is certified by our ISO certifications (ISO 9001:2015, ISO 14001:2015, ISO 45001:2018). Additionally, we have established our in-house QA Lab which is an independent Testing Department.
- Partnership with Schneider Electric SAS: We compete with the likes of Siemens, Eaton, ABB, CG, C&S in our product range and are rated just as highly given our partnerships & product quality.
- Established history of serving prestigious clients such as Tata Power, CESC, Adani Green, UGVCL, Various Smart Cities, Military Engineering Services, CPWD, etc.
- One of the few organized players in electrical power distribution segment with: Approvals from utilities across India. End to end solutions (supply as well as O&M services).
- Focus on provided timely specialized trainings such as: Training for MV, HV & EHV Cable accessories in Pfisterer Training Center in Altdort, Switzerland in 2019. Training for handling HV GIS for Installation, Testing and Commissioning in China in 2016.
Company Financials
Parth Electricals & Engineering Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 66.53 | 87.17 | 4.61 |
| 03-2023 | 50.7 | 65.7 | 2.45 |
| 03-2022 | 34.93 | 38.52 | -1.55 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Establishing GIS manufacturing facility in Gujarat
- Establishing manufacturing facility in Odisha
- Repayment of short term borrowings
- General corporate purposes
Parth Electricals & Engineering Ltd IPO Prospectus
Parth Electricals & Engineering Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
No.301 Ridhi-Siddhi ElanzaSubhanpura,Vadodara-390023
Phone: 0265 2291 922
Email: cs@parthelectricals.in
Website: www.parthelectricals.in
Parth Electricals & Engineering Ltd IPO Registrar
Parth Electricals & Engineering Ltd IPO Lead Manager(s)
- Horizon Management Pvt Ltd