Parth Electricals & Engineering Limited

Parth Electricals & Engineering Limited

NNSE:PARTH
487.95
INR
-32.05
(-6.16%)
Parth Electricals & Engineering Limited
NSE:PARTH
(National Stock Exchange of India)

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Business
Parth Electricals & Engineering Limited is an India-based electrical equipment manufacturing and engineering, procurement, and construction (EPC) company that specializes in power transmission and distribution infrastructure solutions. Founded in 2007 and headquartered in Vadodara, Gujarat, the company designs, manufactures, supplies, installs, and commissions a diverse portfolio of electrical power systems across utility, industrial, and commercial sectors. The company operates through two integrated business divisions: Equipment Manufacturing and EPC & Field Engineering Services. Its manufactured product portfolio comprises medium-voltage (MV) and low-voltage (LV) switchgear panels; vacuum circuit breaker (VCB) panels; ring main units (RMU) and smart digital RMUs; control and relay panels (CRP); metering panels; compact and packaged substations (CSS/PSS); medium-voltage busducts; and earth link boxes and related electrical accessories. Its engineering and field service offerings include turnkey EPC project execution for power substations and transmission networks; installation, testing, and commissioning of air-insulated switchgear (AIS) systems up to 220 kV and gas-insulated switchgear (GIS) systems up to 400 kV; high-voltage (HV) and extra-high-voltage (EHV) underground cable laying and specialized jointing; specialized cable accessory assembly; and lifecycle support services comprising switchgear retrofitting, RMU refurbishment, preventive maintenance, thermal imaging thermography, and insulation enhancement. Parth Electricals & Engineering Limited serves a broad client base across power utilities, renewable energy developers, oil and gas facilities, steel plants, automotive manufacturers, paper mills, and fast-moving consumer goods (FMCG) enterprises throughout India. The company conducts primary manufacturing and testing operations at its production facility located in the Manjusar G.I.D.C. Industrial Estate in Savli, Vadodara. In recent corporate developments, the company transitioned from a private entity into a public limited company and completed an Initial Public Offering (IPO) on the NSE Emerge platform of the National Stock Exchange of India (Ticker: PARTH) in August 2025, raising approximately INR 49.72 crore in gross proceeds. The capital raised is deployed toward expanding manufacturing capacities and testing laboratories at its Vadodara facility, meeting incremental working capital requirements, and scaling development of intelligent grid solutions and high-voltage GIS turnkey projects.