Quality Power Debuts on the Exchanges; Lists at 1% Premium

Quality Power Electrical Equipments made a muted start on the exchanges on February 24. On BSE, shares were listed at ₹432.05 apiece, a premium of 1.66%, while on the NSE, shares were listed at premium of 1.18% at ₹425 per share.

Before getting listed, shares of Quality Power were trading at a discount in the grey market. As per the sources, company shares were trading at ₹415 apiece, a discount of 10, or 2.35% from the issue price.

Currently, the market capitalization of Quality Power Electrical Equipments stands at ₹3,136.49 crore.