Investing Mantra
Investing Mantra
February 18, 2025 at 12:07 AM
*Quality Power Electrical Equipments IPO* *Final Verdict*– Avoid for now, Evaluate post-listing ❌ ▪️ ₹401-425 | ₹859 Cr Issue | Feb 14-18 ▪️ Strong product portfolio in HV equipment & grid solutions ▪️ Acquiring Mehru Electricals post-IPO ▪️ Strong cash flows, ₹100 Cr free cash, ₹25 Cr debt ▪️ Proxy to emerging nuclear power theme Will reconsider if it lists at a 10-15% discount. #ipo #stockmarket #qualitypower
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