Archive · 11 Aug 2025
Parth Electricals IPO: Shares List with Premium, Hit Upper Circuit
Parth Electricals, a company making electrical equipment, recently listed its shares on the stock market.
The shares started trading at a slightly higher price than initially offered, which was in line with what experts predicted.
The stock price then quickly jumped up by 5%.
The company makes things like switchgear panels used in the electrical industry.
Parth Electricals shares listed at ₹174, a 2.4% premium over the issue price.
The stock quickly reached its 5% upper circuit, hitting ₹182.70.
The listing aligned with grey market expectations of around ₹176.
Parth Electricals & Engineering transitioned from a service company to a manufacturer.
The company's products include electrical equipment like switchgear panels.
- Who
- Parth Electricals & Engineering.
- What
- Parth Electricals shares were listed on the stock exchange.
- When
- August 11, when shares were listed.
- Where
- On the stock exchange.
- Why
- The company sought to raise capital through an initial public offering.
- Listing Price
- ₹174
- Issue Price
- ₹170
- Upper Circuit
- ₹182.70
- Products
- Electrical equipment
