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QFQFILListed

Quality Foils (India) Limited

Fixed Price IPO · NSE

Price band
₹60 - ₹60
Lot size
2,000 shares
Issue amount
₹4.52 cr
Total subscription
364.38×
Current price₹49.5
Listing price ₹100
Watch live price ↗
Opens
14 Mar 2023
Closes
16 Mar 2023
Allotment
21 Mar 2023
Listing
24 Mar 2023

Offer at a glance

Issue overview

Issue size
7,54,000 shares
Face value
₹10 per share
Minimum investment
₹1,20,000
Fresh issue
₹4.52 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
NSE
Maximum investment
₹1,20,000
Issue type
Fixed Price IPO
Shares before issue
21,00,000
Shares after issue
28,54,000

Lot sizes

CategoryLotsSharesAmount
RETAIL12,000₹1,20,000
HNI24,000₹2,40,000

Share reservation

Market Maker5.04%
NII (HNI)47.48%
RETAIL47.48%

Subscription & GMP

Subscription by category

Total subscribed364.38×

Subscription figures are awaiting publication.

GMP history

017.53521 Mar: ₹3512 Nov: ₹35
21 Mar₹3512 Nov

Application-wise demand

CategoryReserved applicationsApplied applications
——

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
05,00010,00015,00020,000Sep 2022 · Revenue: 10,471.59Sep 2022 · Profit after tax: 205.99Sep 2022Mar 2022 · Revenue: 18,030.63Mar 2022 · Profit after tax: 161.88Mar 2022Mar 2021 · Revenue: 12,436.67Mar 2021 · Profit after tax: 95.86Mar 2021Mar 2020 · Revenue: 15,210.77Mar 2020 · Profit after tax: 107.87Mar 2020
RevenueProfit after tax

Company information

Company profile

Incorporated in 1990, Quality Foils (India) Limited is a leading manufacturer and exporter of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/Pipes. Using premium-grade raw materials primarily sourced from Jindal Stainless Hissar Limited, the company has over three decades of experience in producing high-quality stainless steel products under the brand name “Quality.” Its offerings are divided into two key segments — Cold Rolled Stainless Steel Coils/Strips and Stainless Steel Flexible Hose Pipes — which are used in diverse applications such as SS tubes, kitchenware, cutlery, and automotive components. These products cater to industries including steel, petrochemical, automobile, power, and heavy engineering for applications like hydraulic oil, steam, hot water, and gas systems.

Promoters

Kuldip Bhargava

Tejasvi Bhargava

Registrar & documents

Lead manager

Khambatta Securities Limited

Registered office

3, Industrial Development Colony, Hisar, Haryana-125005

01662-220327, 28

[email protected]Company website ↗

Understanding QFIL IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.