| Initial public offering of 20,204,600* equity shares of face value of Rs. 10/- each (Equity Shares) of Quality Power Electrical Equipments Limited (the Company or the Issuer) for cash at a price of Rs. 425.00* per equity share (including a premium of Rs. 415.00 per equity share) (Offer Price) aggregating to Rs. 858.70* crores (Offer) the offer comprises of a fresh issue of 5,294,100 equity shares aggregating to Rs. 225.00 crores (the Oresh Issue) and an offer for sale of 14,910,500 equity shares aggregating to Rs. 633.70* crores by Chitra Pandyan (the Promoter Selling Shareholder) (the Offer for Sale) the offer will constitute 26.09 % of the post-offer paid-up equity share capital. The face value of the equity share is Rs. 10/- each and the offer price is 42.50 times the face value of the equity shares * Subject to finalization of the basis of allotmen. |