QVC Exports Ltd IPO
IPO Listing Details
- Listing Date
28 Aug 2024
- Listing Price
₹ 161.00
- Listing Change
87.21%
- Last Traded Price
₹ 43.45
IPO Details
- Open Date
21 Aug 2024
- Close Date
23 Aug 2024
- IPO Price Range
₹ 86
- IPO Size
₹ 24.07 Cr
- Listing Exchange
TBA
- Listing Date
28 Aug 2024
IPO Timeline
QVC Exports Ltd IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 21-Aug-24 | - | 2.38 | 14.72 | 8.55 |
| 22-Aug-24 | - | 8.36 | 51.46 | 29.93 |
| 23-Aug-24 | - | 53.62 | 153.65 | 103.67 |
Last Updated: 26 August 2024 8:52 PM by chetan
Last Updated: 23rd August 2024, 12:19 PM by 5paisa
QVC Exports IPO is set to open on 21 August 2024 and will close on 23 August 2024. The company specializes in the trade of ferroalloys.
The IPO includes a fresh issue of 20,49,600 shares aggregating up to ₹17.63 Cr and it also includes an offer for sale of 7,48,800 shares aggregating up to ₹6.44 Cr. The price is ₹86 per share and the lot size is 1600 shares.
The allotment is scheduled to be finalized on 26 August 2024. It will go public on NSE SME, with a tentative listing date of 28 August 2024.
Khandwala Securities Ltd is the book-running lead manager, while Cameo Corporate Services Ltd is the registrar.
QVC Exports IPO Size
| Types | Size (₹Cr) |
|---|---|
| Total IPO size | 24.07 |
| Offer for sale | 17.63 |
| Fresh issue | 6.44 |
QVC Exports IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 1,37,600 |
| Retail (Max) | 1 | 1,600 | 1,37,600 |
| HNI (Min) | 2 | 3,200 | 2,75,200 |
QVC Exports Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.) |
|---|---|---|---|---|
| NII (HNI) | 53.62 | 13,28,000 | 7,12,11,200 | 612.42 |
| Retail | 153.65 | 13,29,600 | 20,42,94,400 | 1,756.93 |
| Total | 103.67 | 26,57,600 | 27,55,08,800 | 2,369.38 |
Strengths
1. With 82.95% of revenue derived from export operations, the company has a strong global presence.
2. Specializing in a range of ferroalloys, QVC Exports Limited caters to various industrial needs, enhancing market resilience.
3. Adherence to ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications reflects strong quality.
4. The company has almost two decades of experience, giving it a competitive edge in the market.
Risks
1. With the majority of revenue generated from exports, the company is vulnerable to global trade fluctuations.
2. With only 15 employees as of August 2024, the company may face operational challenges in scaling or handling large orders.
3. The ferroalloy industry is sensitive to fluctuations in raw material prices, which can impact profitability.
4. Being involved in heavy industries, the company is subject to strict regulations, and any changes could pose compliance challenges.
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FAQs
QVC Exports IPO opens from 21st August to 23rd August 2024.
The size of QVC Exports IPO is ₹24.07 Cr.
The price of QVC Exports IPO is fixed at ₹86 per share.
To apply for QVC Exports IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the QVC Exports IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of QVC Exports IPO is 1,600 shares and the investment required is ₹1,37,600.
The share allotment date of QVC Exports IPO is 26th August 2024
The QVC Exports IPO will be listed on 28th August 2024.
Khandwala Securities Ltd is the book-running lead manager for QVC Exports IPO.
QVC Exports plans to utilize the raised capital from the IPO for:
To repay the unsecured loans.
To meet working capital requirements.
General Corporate Purposes.
Contact Information
QVC Exports Ltd
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/
QVC Exports Ltd IPO Register
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
QVC Exports Ltd IPO Lead Manager
Khandwala Securities Limited
