QVC Exports Limited
Fixed Price IPO · NSE
- Price band
- ₹86 - ₹86
- Lot size
- 1,600 shares
- Issue amount
- ₹24.07 cr
- Total subscription
- 508.12×
- Opens
- 21 Aug 2024
- Closes
- 23 Aug 2024
- Allotment
- 26 Aug 2024
- Listing
- 28 Aug 2024
Offer at a glance
Issue overview
- Issue size
- 27,98,400 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,37,600
- Fresh issue
- ₹16.42 cr
- Offer for sale
- ₹6.44 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,37,600
- Issue type
- Fixed Price IPO
- Shares before issue
- 84,01,692
- Shares after issue
- 1,04,51,692
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,37,600 |
| HNI | 2 | 3,200 | ₹2,75,200 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 11.42 | 4,791.36 |
| NIB | 11.42 | 6,814.9 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 7.2 | 4.08 | 1.97 |
| ROE | 7.2 | 8.22 | 4.62 |
| ROCE | 34.22 | 14.74 | 9.07 |
| RONW | 17.75 | 8.22 | 4.62 |
| PRE IPO(PE) | 18.4 | 0 | 0 |
| POST IPO(PE) | 22.89 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
QVC Exports Limited, established in August 2005, specializes in trading ferroalloys like silico manganese, ferro manganese, ferro chrome, and ferro silicon. The company focuses heavily on exports, generating 82.95% of its revenue from international sales as of March 2024. By January 2024, it had supplied products to countries including Taiwan, Japan, Bangladesh, Vietnam, and the UK. QVC Exports follows high-quality management standards with ISO certifications for quality, environment, and workplace safety. As of August 2024, the company operates with a small but efficient team of 15 employees.
Strengths
- Strong Relationships: Long-term connections with key customers and suppliers help ensure smooth operations and business stability.
- Commitment to Quality: A focus on high standards guarantees reliable products and keeps customers satisfied.
- Wide Product Range: Offering a variety of ferroalloy products helps meet different market needs and boosts the company’s presence.
Risk factors
- Regulatory Risk: If the Central Goods and Services Tax investigation leads to negative results, it could seriously affect the company’s operations and finances.
- Customer Dependence: Since there are no long-term contracts and business relies on purchase orders, losing key customers could hurt revenue and stability.
- Steel Industry Reliance: The company depends heavily on the steel industry, so any slowdowns or issues in this sector could have a big impact on its financial health and future growth.
Promoters
Nilesh Kumar Sharma
Madhu Sharma
Priti Sharma
Matashree Mercantile Private Limited
Unity Vyapaar Private Limited.
Registrar & documents
Lead manager
Khandwala Securities Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
6 th Floor, South City Business Park 770, EM Bypass, Anandapur, Adarsha Nagar, E.K.T, Kolkata- 700107
+91 3324197677
[email protected]Company website ↗Understanding QVCEL 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.