Quality Power Electrical Equipments Ltd
Past performance
About Quality Power Electrical Equipments Ltd Quality Power Electrical Equipments Limited is an Indian company established in 2001 and specializes in high-voltage electrical equipment and energy transition technologies. The company operates across the energy value chain, providing advanced solutions for power generation, transmission, distribution, and automation. It also manufactures critical systems used in emerging applications like large-scale renewable energy integration, enhancing grid reliability and connectivity.
The company has two manufacturing facilities in India located in Sangli (Maharashtra) and Aluva (Kerala), complemented by global operations. It holds a 51% stake in Endoks, a Turkey-based energy system company acquired in 2011, and has further expanded via acquisitions, including S&S Transformers in 2019 and the integration of Electrical Power Equipment Company, Bangalore, in 2022. These moves bolster its global footprint and strengthen its capabilities in advanced power transmission technologies.
Notably, Quality Power stands out as one of the few global manufacturers of critical components for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS), which are essential for integrating renewable energy with traditional power grids. Its product line includes reactors, transformers, line traps, converters, harmonic filters, capacitor banks, and reactive power compensation systems—products that cater to the growing demand for energy transition technologies.
The company, leveraging over two decades of expertise, plans to raise Rs 225 Crore via an IPO and issue 12,000,000 equity shares through an Offer for Sale. This initiative aligns with its vision to scale operations and capitalize on opportunities in the evolving global energy market. Its established track record, diversified product offerings, and strategic acquisitions position it as a significant player in power technology and renewable energy transformation.
Performance overview