QVC Exports Limited IPO
NSE SMEListed On: Aug 28, 2024 at ₹ 161.0
₹ 137600 /1600 Shares
Check Allotment21 Aug, 2024
Open Date23 Aug, 2024
Close Date26 Aug, 2024
Allotment Date28 Aug, 2024
Listing DateIssue Price
₹86 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Cameo Corporate Services LimitedList Price
161.0Listing Date
2024-08-28Market Lot
1600 Shares (₹137,600/-)Lead Manager
Khandwala Securities LimitedIssue Size
2,798,400 shares(aggregating up to ₹24.07 Cr)Retail Portion
50%Subscription
507.60 timesIPO Docs
DRHPQVC Exports IPO Details
QVC Exports Limited IPO is an SME IPO, priced at ₹86 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 comprises a total issue of 27,98,400 equity shares, aggregating up to ₹24.07 crores..
The IPO bidding window is open from Aug 21, 2024 to Aug 23, 2024. The allotment is expected to be finalized on Aug 26, 2024, and the tentative listing date is Aug 28, 2024.
The minimum lot size for retail investors is 1600 shares, with a minimum investment of ₹1,37,600. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,75,200.
Khandwala Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Cameo Corporate Services Limited, and Aftertrade Broking Pvt Ltd will act as the market maker for this issue.
QVC Exports IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,328,000 | 1,328,000 | 2,656,000 |
| Day 1 - 21-08-24 06:00 PM | 2.39 x | 14.83 x | 8.61 x |
| Day 2 - 22-08-24 06:00 PM | 8.40 x | 51.93 x | 30.18 x |
| Day 3 - 23-08-24 06:00 PM | 596.31 x | 418.89 x | 507.60 x |
QVC Exports Valuations
EPS Pre IPO
₹4.67/-EPS Post IPO
₹3.76/-P/E Pre IPO
18.4P/E Post IPO
22.89ROE
7.20%ROCE
34.22%Debt/Equity
1.46RoNW
17.75%PAT Margin
1.33Price to Book Value
2.12QVC Exports Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 9,386.23 | 6,489.81 | 5,461.44 |
| Revenue | 45,462.68 | 21,471.14 | 12,782.5 |
| Profit After Tax | 392.76 | 171.48 | 90.54 |
| Net Worth | 3,407.9 | 2,802.99 | 2,668.09 |
| Reserves & Surplus | 2,567.73 | 2,382.91 | 2,208.79 |
| Total Borrowing | 4,981.73 | 3,227.57 | 2,159.43 |
About The Company
QVC Exports Limited, founded in August 2005, is an exporter of ferroalloys like high-carbon silico manganese, low-carbon silico manganese, high-carbon ferro manganese, high-carbon ferro chrome, and ferro silicon.
As of 31 March, 2024, the revenue of the company was generated by export operations up to 82.95%.
Until January 31, 2024, the company has exported products to Taiwan, Japan, Bangladesh, Vietnam, Thailand, Turkey, Afghanistan, Korea, Italy, Ukraine, United Kingdom, Belgium, and Oman.
The company adheres to management system standards as contained in ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.
As of August 6, 2024, the company has 15 employees on payroll.
QVC Exports - Promoter(s)
Pre Issue Share Holding: 99.98%
Post Issue Share Holding: 73.22%
- Nilesh Kumar Sharma, Madhu Sharma, Priti Sharma, Matashree Mercantile Private Limited and Unity Vyapaar Private Limited.
QVC Exports IPO - Issue Objectives
- To repay the unsecured loans taken by the Company
- To meet working capital requirement
- General Corporate Purposes
Other Details
QVC Exports
6 th Floor, South City Business Park 770, EM Bypass, Anandapur, Adarsha Nagar, E.K.T, Kolkata- 700107Cameo Corporate Services Limited
QVC Exports IPO - FAQs
Ans. QVC Exports Limited IPO is a SME IPO. The issue is priced at ₹86 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Aug 21, 2024, and closes on Aug 23, 2024. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The QVC Exports Limited IPO opens on Aug 21, 2024 and closes on Aug 23, 2024.
Ans. The size of QVC Exports Limited IPO is 2,798,400 shares(aggregating up to ₹24.07 Cr).
Ans. The IPO price band is set between ₹86 per equity share.
Ans. To apply for QVC Exports Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find QVC Exports 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 QVC Exports Limited IPO is Aug 26, 2024.
Ans. The QVC Exports Limited IPO will be listed on Aug 28, 2024.
Ans. Follow the steps to check the allotment status for QVC Exports Limited IPO here.
