IPO

Quality Foils (India) Limited IPO

NSE SME

Listed On: Mar 24, 2023 at ₹ 100.0

₹ 240000 /4000 Shares
*Min Investment

Check Allotment

14 Mar, 2023

Open Date

16 Mar, 2023

Close Date

21 Mar, 2023

Allotment Date

24 Mar, 2023

Listing Date
Quality Foils (India) Limited IPO Issue Details
  • Issue Price ₹60 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 754,000 shares of ₹10(aggregating up to ₹4.52 Cr)
  • Listing at NSE SME
  • List Price 100.0
  • Listing Date 2023-03-24
  • Lead Manager Khambatta Securities Limited
  • Registrar Bigshare Services Pvt Ltd
Quality Foils (India) Limited IPO Details
  • Retail Portion N/A
Quality Foils (India) Limited IPO Documents
DRHP
RHP
Quality Foils (India) Limited IPO Details


Quality Foils (India) Limited IPO is an SME IPO, priced at ₹60 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.

The IPO bidding window is open from Mar 14, 2023 to Mar 16, 2023. The allotment is expected to be finalized on Mar 21, 2023, and the tentative listing date is Mar 24, 2023.


The registrar of the IPO is Bigshare Services Pvt Ltd, and

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Quality Foils (India) Limited IPO Subscription Analysis And Details
Retail
259.65x
Total
364.38x
As onQIB / NIIRetailTotal
Shares Offered / Reserved358,000358,000716,000
Day 1 14-03-23 06:00 PM
10.68 x7.97 x10.32 x
Day 2 15-03-23 06:00 PM
54.04 x43.42 x49.73 x
Day 3 16-03-23 06:00 PM
469.12 x259.65 x364.38 x
Quality Foils (India) Limited Valuations
Earnings Per Share (EPS) ₹7.71/-
P/E Ratio N/A
RoNW 7.97%
Net Asset Value (NAV) - Post Issue ₹N/A/-
Quality Foils (India) Limited Company Financials
In Lakhs
In Lakh
30-Sept-2231-Mar-2231-Mar-2131-Mar-20
Assets7,135.217,834.556,536.536,606.53
Revenue10,471.5918,030.6312,436.6715,210.77
Profit After Tax205.99161.8895.86107.87
About Quality Foils (India) Limited Company

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.

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Quality Foils (India) Limited - Promoter(s)

Kuldip Bhargava

Tejasvi Bhargava

Pre Issue Share Holding : 72.80%

Post Issue Share Holding : %

Quality Foils (India) Limited IPO - Issue Objectives
1

Funding capital expenditure requirements towards purchase of machinery

2

To meet the working capital requirements of the Company

3

General Corporate Purpose

4

To meet the Issue Expenses