QVC Exports IPO Allotment Status

Summary 

QVC Exports IPO has garnered an exceptional response from investors, closing with an overall subscription of 535.00 times. The public issue saw remarkable interest across various categories, with the highest demand coming from the Others category, which was subscribed a staggering 596.57 times. This enthusiasm indicates a strong confidence in the company's prospects among non-institutional investors.

Retail investors also showed substantial interest, subscribing 418.64 times, reflecting robust participation from individual investors. The impressive subscription rates in both categories underscore the IPO's broad appeal, attracting a diverse range of investors.

By the close of the subscription on 23rd August, 2024, the IPO had achieved an outstanding total subscription of 535.00 times, making it one of the most successful offerings in recent times. This overwhelming response highlights the market's strong confidence in QVC Exports and its potential for growth and profitability.

How to Check QVC Exports IPO Allotment Status:

How do you Check QVC Exports IPO Allotment Status on the Registrar's Site?

To find out if you received an allotment for the QVC Exports public offering IPO, follow the steps below;

Step 1: Go to the IPO allotment page for Cameo Corporate Services Limited (registrar) (https://ipo.cameoindia.com/)

Step 2: Choose QVC Exports as the issuer's firm name from the drop-down option.

Step 3: You can now select to submit your DP customer ID/Demat account number, IPO Application number, or PAN number.

Step 4: Enter information using the chosen option.

Step 5: When you tap the 'Search' option, the screen will display the allocation status.
Shares that you apply for and that are awarded to you will be shown on the screen.

How to Check QVC Exports IPO Allotment Status on BSE?

Step 1: Use the following link to access the allocation page on the official BSE website: https://www.bseindia.com/investors/appli_check.aspx.

Step 2: Select 'Equity' under 'Issue Type' and select the QVC Exports Ltd IPO from the 'Issue Name' dropdown menu.

Step 3: Click "Submit" after entering your application number or PAN.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Open your bank's mobile app or website and log in.

Explore IPO Section: Go to the IPO Section and look for the "IPO Services" or "Application Status" sections. This could be found on the services or investing tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: After you submit your information, an IPO allotment status should appear, showing the availability of shares for allocation.

Verify Status: You can utilise additional resources or double-check the status with the IPO Registrar to obtain confirmation.

How to Check IPO Allotment Status in a Demat Account?

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

QVC Exports IPO Timeline:

QVC Exports IPO Subscription Status

The QVC Exports IPO received 535.00 subscriptions. By 23rd August, 2024 (Day 3), the public issue had been subscribed 418.64 times in the retail category and 596.57 times in other segment.

Subscription Day 1
Total Subscription: 8.61 times.
Other: 2.39 times.
Retail investors: 14.83 times.

Subscription Day 2
Total Subscription: 30.18 times.
Other: 51.93 times.
Retail investors: 30.18 times.

Subscription Day 3
Total Subscription: 535.00 times.
Other: 596.57 times.
Retail investors: 418.64 times. 

QVC Exports IPO Details

The QVC Exports Initial Public Offering (IPO) is a fixed-price offering amounting to ₹ 24.07 crores. This offering consists of a fresh issue of 20.5 lakh shares, totalling ₹ 17.63 crores, alongside an offer for sale of 7.49 lakh shares, amounting to ₹ 6.44 crores.

Bidding for the QVC Exports IPO commenced on 21 August 2024 and concluded on 23 August 2024. The allotment results for this IPO are anticipated to be finalised on 26 August 2024. The shares will be listed on the NSE SME, with a tentative date set for 28 August 2024.

The price per share for the QVC Exports IPO is ₹86. The minimum application lot size is 1,600 shares, requiring a minimum investment of ₹137,600 for retail investors. The minimum investment for high-net-worth individuals (HNIs) involves 2 lots (3,200 shares), totalling ₹275,200.

Khandwala Securities Limited is the book-running lead manager for the QVC Exports IPO, while Cameo Corporate Services Limited is the registrar. Aftertrade Broking is designated as the market maker for this IPO.