Parth Electricals IPO Subscribed 22.19 Times on Final Day; QIB and Retail Frenzy Drives Strong Demand

Vadodara, August 6, 2025 — Parth Electricals & Engineering Limited (NSE Emerge: PARTH) had a tremendous response overall on the final day as the issue was oversubscribed 23.77 times. The momentum was carried out by the Non-Institutional Investor (NII) category, which subscribed 43.93 times. This was followed by retail investors (20.28 times) and QIBs (17.65 times).

Final Subscription Status (06:00 PM; August 06, 2025)

Here are the categories of investors and their response to the IPO:

The NII segment led with 43.93x subscription, notably with bNII at 52.99x and sNII at 25.84x. Retail investors subscribed 20.28x, while QIBs bid 17.65x. The issue received total bids of 4.67 crores against the original offer of 19.66 crores. Over 15500 applications were received across different investor categories.

IPO Snapshot

Here is a quick recap of the issue –

The total issue size of the IPO was ₹49.71 crore (29.24 shares). It was open for subscription from August 4–6, 2025, in the ₹160–₹170 price band.

The net issue (excluding market maker and employee quota) stood at 21.12 lakh shares. ₹13.80 crore was raised from anchor investors ahead of the issue. The IPO will now list on the NSE Emerge platform, with Shreni Shares Limited acting as the market maker.

What’s Next

• Basis of Allotment is expected to be finalised by August 7, 2025.
• Equity shares will be credited to demat accounts by August 8, 2025.
• Listing likely on Monday, August 11, 2025, on NSE Emerge.

Parth Electricals & Engineering Limited, based in Vadodara, specialises in the manufacture of RMUs, CSS, relay panels, and other power distribution equipment. For FY25, it reported a revenue of ₹17,467.17 lakh and PAT of ₹1,011.68 lakh.

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