31 Mar 2023
Assets50.70
Total Income65.70
EBITDA4.31
Profit After Tax2.45
NET Worth9.58
Reserves and Surplus8.64
Total Borrowing8.43
At a glance
Updated 2026-09-11The shares listed at ₹174.00, a 2.35% move from the issue price. Parth Electricals is a SME IPO with an issue size of ₹49.67 crore, proposed for listing on NSE SME. The offer opens on 4th Aug 2025 and closes on 6th Aug 2025. The issue structure includes a fresh issue of ₹47.18 crore. The current listing schedule points to 11th Aug 2025.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹49.67 Cr
Fresh issue₹47.18 Cr
Face value₹10
Price band₹160.00–₹170.00
Allotment7th Aug 2025
Listing11th Aug 2025
Listing performance
Full performance ↗Issue price₹170.00
Listing price₹174.00
Current price—
Listing gain2.35%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹6.00
GMP / upper price3.53%
Est. listing₹176.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens4th Aug 2025
Closes6th Aug 2025
Allotment7th Aug 2025
Refund7th Aug 2025
Demat8th Aug 2025
Listing11th Aug 2025
Subscription demand
Full bidding ↗Total23.77×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | ₹272,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Establishing GIS manufacturing facility in Gujarat | ₹20.00 Cr |
| Establishing manufacturing facility in Odisha | ₹19.00 Cr |
| Repayment of Short Term Borrowings | ₹15.00 Cr |
| General Corporate Purposes | ₹1.79 Cr |
| Issue Expenses | ₹6.20 Cr |
| Total | ₹61.99 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue176.20₹ Cr · +102.1% vs prior year
EBITDA17.53₹ Cr · +93.7% vs prior year
PAT10.12₹ Cr · +119.5% vs prior year
Assets106.76₹ Cr · +60.5% vs prior year
Net Worth40.59₹ Cr · +179.9% vs prior year
Borrowing33.33₹ Cr · +110.4% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets66.53
Total Income87.17
EBITDA9.05
Profit After Tax4.61
NET Worth14.50
Reserves and Surplus13.25
Total Borrowing15.84
31 Mar 2025
Assets106.76
Total Income176.20
EBITDA17.53
Profit After Tax10.12
NET Worth40.59
Reserves and Surplus30.57
Total Borrowing33.33
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| 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 |
Valuation & shareholding
Pre-IPO EPS9.42
Post-IPO EPS7.40
Pre-IPO P/E18.05
Post-IPO P/E22.97
Promoter holding pre79.6%
Promoter holding post62.57%
Market cap₹232.36 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Parth Electricals & Engineering IPO | — | 22.97 x | — | — |
| Yash Highvoltage IPO | — | 33.32 x | — | — |
| Danish Power IPO | — | 18.74 x | — | — |
| Supreme Power IPO | — | 11.00 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Establishing GIS manufacturing facility in Gujarat | ₹20.00 Cr |
| Establishing manufacturing facility in Odisha | ₹19.00 Cr |
| Repayment of Short Term Borrowings | ₹15.00 Cr |
| General Corporate Purposes | ₹1.79 Cr |
| Issue Expenses | ₹6.20 Cr |
| Total | ₹61.99 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Horizon Management Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-11.
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