QVC Exports IPO
GMP, Subscription, Price, Dates & Financial Details
QVC Exports is engaged in the business of dealing in ferro alloys, including but not limited to high-carbon silico manganese, low-carbon silico manganese, high-carbon ferro manganese, high-carbon ferro chrome, and ferro silicon. They also engaged in dealing in raw materials for the manufacturing of…
Open Date
Wed, 21 Aug 2024
Close Date
Fri, 23 Aug 2024
Issue Price
₹ 86
Lot Size
1600
Issue Size
₹ 24.07 Cr
Minimum Investment
₹ 275,200 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
QVC Exports IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹24.07 Crore, comprising a fresh issue of 20.50 Lakh equity shares aggregating to ₹17.63 Crore and an offer for sale (OFS) of 7.49 Lakh equity shares aggregating to ₹6.44 Crore by the existing shareholders.
The QVC Exports IPO remained open for subscription from August 21, 2024, to August 23, 2024. The basis of allotment was finalized on August 26, 2024, and the company's shares were listed on NSE SME Platform on August 28, 2024.
The company had fixed the price at ₹86 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹275,200 (based on the upper price band) to apply for one lot.
Cameo Corporate Services Limited served as the registrar to the issue. Khandwala Securities Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, QVC Exports Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
QVC Exports IPO Timeline (Tentative)
- IPO Open Date
- Wed, 21 Aug 24
- IPO Close Date
- Fri, 23 Aug 24
- Basis of Allotment
- Mon, 26 Aug 24
- Initiation of Refunds
- Tue, 27 Aug 24
- Credit of Shares to Demat
- Tue, 27 Aug 24
- Listing Date
- Wed, 28 Aug 24 — NSE & BSE
Open Date
21 August 2024
Close Date
23 August 2024
Basis Of Allotment
26 August 2024
Listing Date
28 August 2024
IPO Subscription
Check Live Subscription →The QVC Exports IPO has received bids for 0 shares against 0 shares offered, resulting in an overall subscription of 0x. .
0x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 13,29,600 shares, representing 47.51% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 0 shares (%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Market Maker | 140,800 | 5.03% |
| Others | 1,328,000 | 47.46% |
| Retail Investors | 1,329,600 | 47.51% |
| Total | 2,798,400 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 9386.23 | 6489.81 | 5461.44 |
| Revenue | 45462.68 | 21471.14 | 12782.5 |
| Profit After Tax | 392.76 | 171.48 | 90.54 |
| Net Worth | 3407.9 | 2802.99 | 2668.09 |
| Reserve & Surplus | 2567.73 | 2382.91 | 2208.79 |
| Total Borrowings | 4981.73 | 3227.57 | 2159.43 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
QVC Exports Limited KPI Information
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 7.2 |
| ROCE % | 34.22 |
| Debt / Equity | 1.46 |
| RoNW % | 17.75 |
| Pat Margin % | 1.33 |
Peers Comparison
No Peer Comparision Available
About QVC Exports Limited
QVC Exports is engaged in the business of dealing in ferro alloys, including but not limited to high-carbon silico manganese, low-carbon silico manganese, high-carbon ferro manganese, high-carbon ferro chrome, and ferro silicon. They also engaged in dealing in raw materials for the manufacturing of steel. They have devised a unique business model, wherein they procure raw materials required for manufacturers of ferro alloys, such as manganese ore, chrome ore, and coke, and purchase their finished products, being varied categories of ferro alloys and further sell it to domestic and international steel manufacturers. They have created a unique inward and outward model, wherein they procure raw materials for a manufacturer and further sell the finished products of the same manufacturer, thereby creating a wide and reliable customer and supplier base and the ability to serve manufacturers at different points of the steel supply chain. As of March 31, 2024, 82.95% of their revenue from operations was earned from their export operations. Further, as of January 31, 2024, they export their products to various countries, including but not limited to Taiwan, Japan, Bangladesh, Vietnam, Thailand, Turkey, Afghanistan, Korea, Italy, Ukraine, United Kingdom, Belgium, Oman, etc. They import manganese ore, and manganese ore lumps from reputed miners and manufacturers in Hong Kong and France.
A majority of their revenue from operations is earned from exporting their products to reputed steel manufacturers in various countries. They are also a supplier of ferro alloys for a lot of reputed Indian manufacturers and therefore to maintain such clientele, they are bound to ensure that the products procured by them are of utmost quality and are compliant with the quality requirements of their customers. They deploy independent inspection agencies such as Bureau Veritas, IRA, SGS, etc. They also follow up with our customers to ensure that the products supplied to them are of utmost quality.
QVC Exports IPO Promoters
- Nilesh Kumar Sharma
- Madhu Sharma
- Priti Sharma
- Matashree Mercantile Private Limited
- Unity Vyapaar Private Limited
Promoters Holding
Holding Pre Issue
99.98%
Holding Post Issue
73.22%
QVC Exports IPO Objective
- To repay the unsecured loans taken by the Company
- To meet working capital requirement
- General Corporate Purposes
QVC Exports Limited Address / Contact Details
QVC Exports Limited
6 th Floor, South City Business Park 770
EM Bypass, Anandapur, Adarsha Nagar,
E.K.T, Kolkata- 700107
Phone: +91 3324197677
Email: office@qvcgroup.com
Website: http://www.qvcgroup.com
IPO Snapshot
QVC Exports IPO Lot Size
The QVC Exports IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹1,37,600 by applying for 1 lot (1,600 shares). The maximum application allowed for the retail category is 1 lots (1,600 shares), requiring an investment of ₹1,37,600.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 137,600.00 |
| Retail (Max) | 1 | 1,600 | 137,600.00 |
| S-HNI (Min) | 2 | 3,200 | 275,200.00 |
Issue Reservation
- Market Maker — 5.03%
- Others — 47.46%
- RII — 47.51%
Book Running Lead Managers
- Khandwala Securities Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the QVC Exports IPO?
QVC Exports IPO is a Fixed price IPO with a total issue size of ₹24.07 crore. The QVC Exports IPO price band is ₹86 to 86 per share. The QVC Exports IPO subscription opens on Wed, Aug 21, 2024, and closes on Fri, Aug 23, 2024. The QVC Exports IPO will be listed on the NSE. Cameo Corporate Services Limited is the registrar for the QVC Exports IPO.
When will the QVC Exports IPO open for subscription?
The QVC Exports IPO opens on Wed, Aug 21, 2024 and closes on Fri, Aug 23, 2024
What is QVC Exports IPO Price Band?
QVC Exports IPO Price Band is ₹86 to 86 per share.
What is QVC Exports IPO Lot Size?
QVC Exports IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹275200 based on the upper price band
What is the minimum investment for QVC Exports IPO?
The minimum investment for QVC Exports IPO is ₹275200, based on one lot of 1600 shares at the upper price band of ₹86 per share.
How to apply for QVC Exports IPO?
Investors can apply for the QVC Exports IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Aug 23, 2024. The application amount remains blocked until the QVC Exports IPO allotment is finalized.
What is QVC Exports IPO Issue Size?
QVC Exports IPO issue size is ₹24.07 crores.
What is the QVC Exports IPO Allotment Date?
QVC Exports IPO allotment date is Mon, Aug 26, 2024.
Who is the QVC Exports IPO Registrar?
The registrar for QVC Exports IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check QVC Exports IPO allotment status, refund processing, and other IPO-related information.
What is the QVC Exports IPO GMP?
The QVC Exports IPO GMP (Grey Market Premium) is ₹90 as of Fri, Aug 23, 2024. Based on the upper price band of ₹86 per share, the estimated QVC Exports IPO listing price is ₹176, indicating a potential listing gain of approximately 104.65% over the issue price.
Who is the QVC Exports IPO Lead Manager?
The book-running lead managers (BRLMs) for the QVC Exports IPO are Khandwala Securities Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the QVC Exports IPO Red Herring Prospectus (RHP).