IPO

QVC Exports Ltd. IPO

QVC Exports Ltd., established in 2005, operates in the Ferro Alloys sector. The company's IPO opened on August 21, 2024 and closed on August 23, 2024, with an issue price of ₹86. The QVC Exports Ltd. ... Read more

Min Investment
₹ 1,37,600 / 1600 shares
Price Range
₹86
Bidding Dates
21 Aug '24 - 23 Aug '24
Total Issue Value
24.07 Cr
Lot Size
1,600
Total Issue Size
24.07 Cr
Listing At
NSE SME
Subscription
484.88 times
NSE Price
43.30 (-49.65%)

IPO Timeline

  • 21 Aug 2024
    Bidding Starts
  • 23 Aug 2024
    Bidding Ends
  • 26 Aug 2024
    Allotment Finalization
  • 28 Aug 2024
    Listing

About QVC Exports Ltd.

Our Company is engaged in the business of dealing in ferro alloys, including but not limited to high carbon silico manganese, low carbon silico manganese, high carbon ferro manganese, high carbon ferro chrome and ferro silicon. We also engaged in dealing of raw materials for manufacturing of ... Read more

Parent organisation
Founded
QVC Exports Ltd.
2005

QVC Exports Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 1,40,800 (5.03%)
Non Institutional Investors 13,28,000 (47.46%)
Retail Individual Investors (RIIs) 13,29,600 (47.51%)

QVC Exports Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 454.63 Cr 3.93 Cr 20.48 Cr
31 Mar 2023 214.71 Cr 1.71 Cr 20.75 Cr
31 Mar 2022 127.58 Cr 73.99 Lakh 14.33 Cr

QVC Exports Ltd. Background

Major Events And Milestones
  • 2008
    We ventured into exporting of sponge iron to Bangladesh
  • 2009
    We ventured into import of shredded steel scrap from United States of America for the purpose of marketing and selling the same in India.
  • 2017
    Our Company was accorded the status of a ‘Two Star Export House’ in accordance with the provisions of the Foreign Trade Policy, 2015-2020 by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, Government of India
    Crossed Turnover of Rs. 100.00 Crores
  • 2019
    Crossed Turnover of Rs. 200.00 Crores
  • 2021
    Our Company was registered as a medium enterprise, engaged in the business of trading, and received an udyam registration certificate from Micro, Small and Medium Enterprises, Government of India
  • 2023
    Our Company was accorded the status of a ‘Two Star Export House’, in accordance with the provisions of the Foreign Trade Policy, 2023 by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, Government of India.
QVC Exports Ltd. Object of Issues

1. Repayment of Unsecured Loans
2. Funding of working capital requirements of our Company
3. General Corporate Purpose

QVC Exports Ltd. IPO Listing Details
Listing Date
28 Aug 2024
NSE Symbol
QVCEXPO
ISIN
INE0KZF01015
Final Issue Price
₹ 86
QVC Exports Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 86.00
Open - ₹ 161.00
Low - ₹ 152.95
High - ₹ 162.00
Last Trade - ₹ 152.95
QVC Exports Ltd. Company Promoters

1. Nilesh Kumar Sharma
2. Madhu Sharma
3. Priti Sharma
4. Matashree Mercantile Private Limited
5. Unity Vyapaar Private Limited

Industry Overview

Ferro-alloys are one of the important inputs in the manufacture of alloys and special steel. They impart special properties to steel. The alloys provide increased resistance to corrosion, improves hardness and tensile strength at high temperature, gives wear and abrasion resistance and increases ... Read more

QVC Exports Ltd. Contact Details
Address: 6th Floor, South City Business Park 770, EM Bypass, Anandapur, Adarsha Nagar, E.K.T Kolkata West Bengal - 700107
Phone no:24197677, 24197678, 48498782
24197677, 24197678, 48498782
|
QVC Exports Ltd. IPO Registrar
Cameo Corporate Services Ltd.
"Subramanian Building", #1, Club House Road, Chennai (Madras) Tamil Nadu - 600002
40020700, 28460390
QVC Exports Ltd. IPO Lead Manager(s)
Khandwala Securities Limited
Vikas Building, Ground Floor Green Street, Fort Mumbai Maharashtra - 400023
22642300

FAQs

When does QVC Exports Ltd. IPO opens and closes?

QVC Exports Ltd. IPO opens from 21st August to 23rd August 2024.

What is the size of QVC Exports Ltd. IPO?

The size of the QVC Exports Ltd. IPO is ₹24.07 Cr.

What is the minimum investment and lot size required for the QVC Exports Ltd. IPO?

The minimum investment required is ₹1,37,600 and minimum lot size is 1600 shares.

When is QVC Exports Ltd. IPO listing date?

The QVC Exports Ltd. IPO will be listed on 28th August 2024.

What is the objective of QVC Exports Ltd. IPO?

1. Repayment of Unsecured Loans
2. Funding of working capital requirements of our Company
3. General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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