Monitoring Agency Report for the quarter ended March 31, 2026.
QPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Quality Power Electrical Equipments Ltd, listed on NSE (QPOWER) and BSE (544367), has filed its Q4 FY2026 Monitoring Agency Report as required under SEBI regulations. The company's IPO raised a total of Rs 858.696 crore — Rs 224.999 crore via fresh equity issue and Rs 633.696 crore via offer for sale, both at Rs 425 per share. As per the report issued by Brickwork Ratings India Private Limited, unutilized IPO proceeds of Rs 19.37 crore are currently parked in Axis Bank fixed deposits earning interest rates of 5.00%–5.50% with varying maturity dates (April–July 2026), along with Rs 1.37 crore in a monitoring account. The Public Issue Account shows zero balance, indicating those funds have been deployed.
No red flags from the monitoring agency. The company is holding unutilized IPO proceeds safely in bank FDs while awaiting deployment for stated objectives, which is a normal practice post-IPO.