Quality Foils (India) Limited IPO
Quality Foils (India) Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹60 per share. The stock debuted at ₹100, delivering a listing gain of 66.7%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,20,000.
Quality Foils (India) Limited IPO
- IPO Dates
- Mar 14, 2023 – Mar 16, 2023
- Price band
- ₹60 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- 754,000 shares of ₹10(aggregating up to ₹4.52 Cr)
- Lot size
- 2000
- Allotment Date
- Mar 21, 2023
- Listing
- Mar 24, 2023
- Listing At
- NSE SME
IPO timeline
-
Mar 14, 2023
Open Date
Completed
-
Mar 16, 2023
Close Date
Completed
-
Mar 21, 2023
Allotment Date
Completed
-
Mar 24, 2023
Listing Date
Completed
Quality Foils (India) Limited IPO Essentials
Quality Foils (India) Limited IPO Details
Quality Foils (India) Limited IPO is priced at ₹60 per share with a total issue size of 754,000 shares of ₹10(aggregating up to ₹4.52 Cr). The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹60 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 754,000 shares of ₹10(aggregating up to ₹4.52 Cr)
- Listing at
- NSE SME
- List price
- 100.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Khambatta Securities Limited
Quality Foils (India) Limited IPO Analytics
Quality Foils (India) Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Quality Foils (India) Limited IPO Subscription Status
Quality Foils (India) Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 358,000 | 358,000 | 716,000 |
|
Day 1
14-03-23 06:00 PM
|
(10.68) x | 7.97 x | 10.32 x |
|
Day 2
15-03-23 06:00 PM
|
(54.04) x | 43.42 x | 49.73 x |
|
Day 3
16-03-23 06:00 PM
|
(469.12) x | 259.65 x | 364.38 x |
Quality Foils (India) Limited Valuations
Earnings
- EPS (Post IPO)
- ₹7.71/-
Returns
- RoNW
- 7.97%
Quality Foils (India) Limited Financials( In Lakhs)
| 30-Sept-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 7,135.21 | 7,834.55 | 6,536.53 | 6,606.53 |
| Revenue | 10,471.59 | 18,030.63 | 12,436.67 | 15,210.77 |
| Profit After Tax | 205.99 | 161.88 | 95.86 | 107.87 |
Quality Foils (India) Limited Company & Offer Insights
About Quality Foils (India) Limited
Incorporated in 1990, Quality Foils (India) Limited is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible Hoses/pipes.
The company uses raw materials of premium quality i.e. Hot Rolled Stainless Steel Coils/Strips mainly from Jindal Stainless Hissar Limited, Hissar to produce its products.
Quality Foils is among India's prospering manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible hose pipes. The entity has experience of over three decades in the manufacturing of stainless steel products.
The deliverables of Quality Foils (India) Limited are offered under the brand name Quality. The products of the company are further used in the manufacturing of SS Tube/Pipe, Utensils, Cutlery, Kitchen Sinks, Stainless Steel Flexible Hoses.
Further, these are used for Automobile components and Flexible Hose pipes for major applications such as high temp & medium pressure for Hydraulic Oil, Hot Water, Steam & Gas applications, chemical resistance, exhaust systems of steel, power, petrochemical, sugar, automobile, and many other heavy engineering sectors.
Quality Foils (India) Limited Promoter(s)
Kuldip Bhargava, Tejasvi Bhargava are the company's promoters of Quality Foils (India) Limited.
Quality Foils (India) Limited IPO Issue Objectives
- •
- Funding capital expenditure requirements towards purchase of machinery
- •
- To meet the working capital requirements of the Company
- •
- General Corporate Purpose
- •
- To meet the Issue Expenses
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Quality Foils (India) Limited IPO is a Fixed Priced IPO worth ₹754,000 shares of ₹10(aggregating up to ₹4.52 Cr). The issue price is ₹60 per share (fixed price). The IPO opens on Mar 14, 2023 and closes on Mar 16, 2023. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Quality Foils (India) Limited IPO is ₹60 per share (fixed price).
The lot size of Quality Foils (India) Limited IPO is 2000 shares.
The minimum investment for Quality Foils (India) Limited IPO is approximately ₹1,20,000 based on the issue price .
Quality Foils (India) Limited IPO opens on Mar 14, 2023 and closes on Mar 16, 2023.
The allotment date of Quality Foils (India) Limited IPO is Mar 21, 2023.
Quality Foils (India) Limited IPO is expected to be listed on Mar 24, 2023, on NSE SME Platform.
Quality Foils (India) Limited IPO valuation snapshot: P/E N/A, EPS ₹7.71/-, P/B N/A, RoNW 7.97%, and market cap N/A.
To apply for Quality Foils (India) Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Quality Foils (India) Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Quality Foils (India) Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Quality Foils (India) Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Quality Foils (India) Limited IPO allotment status on IPO Ji for quick and easy access.