Quality RO Industries Limited IPO
BSE SMEListed On: Feb 9, 2022 at ₹ 52.25
₹ 204000 /4000 Shares
*Min Investment
27 Jan, 2022
Open Date01 Feb, 2022
Close Date07 Feb, 2022
Allotment Date09 Feb, 2022
Listing DateIPO Issue Details
- Issue Price ₹51 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 530,000 Eq Shares of ₹10(aggregating up to ₹2.70 Cr)
- Listing at BSE SME
- List Price 52.25
- Listing Date 2022-02-09
- Lead Manager Shreni Shares Private Limited
- Registrar Skyline Financial Services Private Ltd
IPO Details
- Retail Portion N/A
IPO Details
Quality RO Industries Limited IPO is an SME IPO, priced at ₹51 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jan 27, 2022 to Feb 1, 2022. The allotment is expected to be finalized on Feb 7, 2022, and the tentative listing date is Feb 9, 2022.
The registrar of the IPO is Skyline Financial Services Private Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 250,000 | 250,000 | 500,000 |
Day 1 27-02-22 05:30 PM | 2.02 x | 0.78 x | 1.40 x |
Day 2 28-02-22 05:00 PM | 2.13 x | 4.86 x | 3.49 x |
Day 3 31-02-22 05:00 PM | 3.14 x | 6.70 x | 4.92 x |
Day 4 01-02-22 05:00 PM | 4.46 x | 10.06 x | 7.26 x |
Valuations
Company Financials
| 30-Nov-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 2.50 | 1.84 | 1.89 | 1.84 |
| Revenue | 0.16 | 1.30 | 1.88 | 1.80 |
| Profit After Tax | 0.01 | (0.06) | 0.01 | 0.04 |
About Company
Headquartered in Gujarat, Quality RO Industries is engaged in the following areas:
1.Manufacturing of water softener equipment,
2.Contract manufacturing,
3.Trading of RO equipment spares and associated products,
4.Contractual logistics to local infrastructure and manufacturing companies.
As of November 30, 2021, the company has an installed capacity of (i) 70,000 units for Filters, 17,000 units for RO Bowl, and 25,000 units for RO Housing. The company has 7 employees at the registered office including its directors.
- Promoter(s)
Mr. Vivek Dholiya
Pre Issue Share Holding : 84.00%
Post Issue Share Holding : 60.93%
IPO - Issue Objectives
To meet the capital expenditure requirements
Working capital requirements
General corporate purpose
IPO - FAQs
Ans. Quality RO Industries Limited IPO is a SME IPO. The issue is priced at ₹51 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jan 27, 2022, and closes on Feb 1, 2022. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Quality RO Industries Limited IPO opens on Jan 27, 2022 and closes on Feb 1, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Quality RO Industries Limited IPO is 530,000 Eq Shares of ₹10(aggregating up to ₹2.70 Cr).
Ans. The Quality RO Industries Limited IPO price band is set between ₹51 per equity share.
Ans. To apply for Quality RO Industries Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Quality RO Industries Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Quality RO Industries Limited IPO is Feb 7, 2022.
Ans. The Quality RO Industries Limited IPO will be listed on Feb 9, 2022.
Ans. Follow the steps to check the Quality RO Industries Limited IPO allotment status online.
