QVC Exports Ltd
Price Range
₹86
-
Min. Quantity
1,600
Closes on
23 August 2024
-
Min. investment
₹1,37,600/1,600 Shares
QVC Exports Ltd IPO Timeline
QVC Exports Limited was incorporated as 'QVC Exports Private Limited' at Kolkata on August 9, 2005 in West Bengal. Consequent upon the conversion of status of the Company from Private Company to Public Company, its name changed to 'QVC Exports Limited' and fresh Certificate of Incorporation dated March 01, 2022 was issued by the Registrar of Companies, Kolkata. The Company is a professionally managed organization and by virtue of its entrepreneurial skills, innovative strategies, highly dedicated and dynamic workforce, has emerged as one of the leading suppliers for the steel Industry and Foundries.
| Event | Date |
|---|---|
| QVC Exports Ltd IPO Opening Date | 21 August 2024 |
| QVC Exports Ltd IPO Closing Date | 23 August 2024 |
| Basis of Allotment | 26 August 2024 |
| Initiation of Refunds | 27 August 2024 |
| Credit of Shares to Demat | 27 August 2024 |
| QVC Exports Ltd IPO Listing Date | 28 August 2024 |
QVC Exports Ltd IPO Details
| QVC Exports Ltd IPO Date | 21 August 2024 to 23 August 2024 |
| QVC Exports Ltd IPO Face Value | ₹10 per share |
| QVC Exports Ltd IPO Price | ₹86 to ₹0 per share |
| QVC Exports Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹24.07 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹17.63 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹6.44 Cr) |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Nilesh Kumar Sharma, Madhu Sharma, Priti Sharma |
QVC Exports Ltd IPO Lot Size
The QVC Exports Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,37,600).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,37,600 |
| Maximum | 1 | 1,600 | ₹1,37,600 |
- Strengths
- Risks
- Opportunities
- Long Standing Relationship with key Customers & Suppliers.
- Quality Assurance.
- Wide range of Products.
- Experienced Promoters and professional management team with technical expertise.
Company Financials
QVC Exports Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2023 | 61.82 | 214.71 | 1.71 |
| 03-2022 | 46.78 | 127.58 | 0.74 |
| 03-2021 | 41.1 | 91.25 | 0.47 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment of unsecured loans
- Funding of working capital requirements of the company
- General corporate purposes
QVC Exports Ltd IPO Promoter Holding
| Pre Issue Share Holding | 55.7% |
| Post Issue Share Holding | 44.78% |
QVC Exports Ltd IPO Subscription Status (Bidding Detail)
The QVC Exports Ltd IPO is subscribed 7.9789 times on 23 August 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 7.9789 |
QVC Exports Ltd IPO Prospectus
QVC Exports Ltd IPO Listing Date
| BSE Script | 76815 |
| NSE Symbol | QVCEL |
| Listing In | NSE - SME |
| ISIN | INE0KZF01015 |
| IPO Price | ₹86 |
| Face Value | ₹10 |
Company Contact Information
6th Flr South City Busin.Park770 EM By Pass Anandapur EKT,Kolkata-700107
Phone: +91 332 419 7677
Email: office@qvcgroup.com
Website: www.qvcgroup.com
QVC Exports Ltd IPO Registrar
QVC Exports Ltd IPO Lead Manager(s)
- Khandwala Securities Ltd
FAQ
What is the issue size of QVC Exports Ltd IPO?
I have pre-applied for QVC Exports Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.