Quality Power collects over Rs 386 Crore from Anger investors, IPO opens to buy

Quality power, energy-efficient and technical equipment, which has developed more than Rs 386 crore from Anchor investors.
Those shares of the ANCHOR ROUT FROM LIG MUTUAL Fund (MF), Bank of India MF, Bangbank Securities, Bharat Vainue Fund, India Valnensection Fund, amongst one, according to the circular circulars on the BSE website.
Overall, the total number of coins are two pets are 11, together as 20,70 percent of the harp.
As for the Circular, Power Power was assigned to 90.92 Lakh participated in 21 structures on RS 425 for the equitable share of Equity, the Upper-End of the Band Band. This takes the purchase size to Rs 386.41 crore.
First Social Device Rs 859
Company measurement is included in Rs 3,300 Crore at the end of the price band.
The proposed IPO includes the new equalogum issue including RS 225 crore and retail sales (OF-Fors) of RS 634 crore on the highest edge of the band. This includes a total amount of RS 859 crore.
As part of APS, the organizer Chitus Pandyan will upload company shares. The Pandyan family holds 100 percent polish in Maharashtra quality.
The money from the new matter will be used for the access to mechanical electric engineering and mechanical expenses, the requirements for major financial expenses to buy a plant and the Khands.
Besides, the company will spend an unknown growth fees for unknown access and other good programs and purposes.
In 2001, high-quality force participated in the process of transforming sensitive power up to 765kv and electricity technology and higher electricity equipment and the alteration of electricity.
The company’s income from the activities of the financial year ended on March 31, 2024 were Rs 300 crore and its profit stopped at Rs 55.5 crore.
Pantonath Capital advisers are Nolo Book Book Running Manager responsible for the Department of Social. The company’s shares will be listed in the BSE and NSE.