QVC Exports IPO Details: The QVC Exports IPO dates have been finalized. The IPO will be open from August 21 to August 23. QVC Exports, a company listed on the NSE SME platform, aims to raise ₹24.07 crores through this IPO, with the price band set at ₹86 per share. The minimum lot size is 1600 shares.
QVC Exports specializes in the trade of ferro alloys, including high-carbon silico manganese, low-carbon silico manganese, high-carbon ferro manganese, high-carbon ferro chrome, and ferro silicon. Additionally, the company deals in raw materials essential for steel manufacturing. Their business model is distinctive: they source raw materials like manganese ore, chrome ore, and coke for ferro alloy manufacturers, purchase the finished ferro alloys, and then sell these products to both domestic and international steel manufacturers. This integrated approach allows them to build a robust network of customers and suppliers, serving various stages of the steel supply chain.
As of March 31, 2024, exports accounted for 82.95% of their revenue from operations. By January 31, 2024, QVC Exports was exporting to numerous countries, including Taiwan, Japan, Bangladesh, Vietnam, Thailand, Turkey, Afghanistan, Korea, Italy, Ukraine, the United Kingdom, Belgium, and Oman. They import manganese ore and manganese ore lumps from reputable miners and manufacturers in Hong Kong and France.
The majority of their revenue is generated from exporting high-quality ferro alloys to leading steel manufacturers worldwide. They also supply ferro alloys to prominent Indian manufacturers, ensuring the highest standards of quality by engaging independent inspection agencies like Bureau Veritas, IRA, and SGS. Regular follow-ups with customers are conducted to guarantee that the products meet or exceed their quality expectations.
QVC Exports IPO Objectives:
The Objects of the Issue are:
- To repay the unsecured loans taken by the Company
- To meet working capital requirement
- General Corporate Purposes
QVC Exports IPO Review (Apply or Not)
- Update soon
QVC Exports IPO Date & Price Band Details:
| IPO Open: | August 21, 2024 |
| IPO Close: | August 23, 2024 |
| IPO Size: | Approx ₹24.07 Crores, 2,798,400 Equity Shares |
| Fresh Issue: | Approx ₹17.63 Crores, 2,049,600 Equity Shares |
| Offer for Sale: | Approx ₹6.44 Crores, 748,800 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹86 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | [.]% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
QVC Exports IPO Lot Size:
The minimum market lot for the QVC Exports IPO is 1600 shares, requiring an application amount of ₹137,600.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹137,600 |
| Retail Maximum | 1 | 1600 | ₹137,600 |
| S-HNI Minimum | 2 | 3200 | ₹275,200 |
QVC Exports IPO Timeline:
The QVC Exports IPO is set to open on August 21 and will close on August 23. The allotment date is scheduled for August 26, with the IPO likely to be listed on August 28.
| IPO Open Date: | August 21, 2024 |
| IPO Close Date: | August 23, 2024 |
| Basis of Allotment: | August 26, 2024 |
| Refunds: | August 27, 2024 |
| Credit to Demat Account: | August 27, 2024 |
| IPO Listing Date: | August 28, 2024 |
QVC Exports IPO GMP Today:
The last Grey Market Premium (GMP) for the QVC Exports SME IPO is ₹50. With a price band of ₹86.00, the estimated listing price is projected to be ₹136 (cap price + today’s GMP). This suggests an expected gain of 58.14% per share.
QVC Exports Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹127.83 | ₹125.48 | ₹0.91 |
| 2023 | ₹214.71 | ₹210.30 | ₹1.71 |
| 2024 | ₹454.63 | ₹443.91 | ₹3.93 |
QVC Exports IPO Valuation – FY2024
Check QVC Exports IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹7.20 per Equity Share |
| Price/Earning P/E Ratio: | 11.94 |
| Return on Net Worth (RoNW): | 17.75% |
| Net Asset Value (NAV): | ₹40.56 per Equity Share |
Peer Group
- NA
Company Promoters
- Nilesh Kumar Sharma
- Madhu Sharma
- Priti Sharma
- Matashree Mercantile Private Limited
- Unity Vyapaar Private Limited
QVC Exports IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
QVC Exports IPO Allotment Status
Check QVC Exports IPO allotment status on Cameo Corporate website URL. Click Here
QVC Exports IPO Lead Managers aka Merchant Bankers
- Khandwala Securities Limited
Company Address
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 IPO FAQs
Q1: What are the key dates for the QVC Exports IPO?
A1: The QVC Exports IPO will open on August 21, 2024, and close on August 23, 2024. The allotment date is August 26, 2024, and the expected listing date is August 28, 2024.
Q2: What is the minimum investment amount for the QVC Exports IPO?
A2: The minimum market lot for the QVC Exports IPO is 1600 shares, with a total application amount of ₹137,600.
Q3: What is the price band for the QVC Exports IPO?
A3: The price band for the QVC Exports IPO is set at ₹86.00 per share.
Q4: What is the estimated listing price for the QVC Exports IPO?
A4: Based on the current Grey Market Premium (GMP) of ₹50, the estimated listing price is ₹136 per share, which includes the cap price plus the GMP.
Q5: What is the expected percentage gain or loss per share for the QVC Exports IPO?
A5: The expected percentage gain per share is approximately 58.14%, based on the estimated listing price and the IPO’s cap price.
Q6: What does QVC Exports do?
A6: QVC Exports is engaged in the trade of ferro alloys, including high-carbon silico manganese, low-carbon silico manganese, high-carbon ferro manganese, high-carbon ferro chrome, and ferro silicon. They also deal in raw materials for steel manufacturing and have a unique business model involving the procurement and sale of both raw materials and finished ferro alloys.
Q7: Which markets does QVC Exports serve?
A7: QVC Exports exports its products to various countries, including Taiwan, Japan, Bangladesh, Vietnam, Thailand, Turkey, Afghanistan, Korea, Italy, Ukraine, the United Kingdom, Belgium, and Oman. They also import manganese ore from Hong Kong and France.
Q8: How does QVC Exports ensure the quality of its products?
A8: QVC Exports ensures product quality by employing independent inspection agencies such as Bureau Veritas, IRA, and SGS. They also conduct regular follow-ups with customers to maintain high-quality standards.
Q9: How can I apply for the QVC Exports IPO?
A9: You can apply for the QVC Exports IPO through your stockbroker or via online trading platforms that offer IPO application services. Ensure you meet the minimum lot requirements and have the necessary funds available.
Q10: Where can I find more information about the QVC Exports IPO?
A10: For more details, you can visit the official website of QVC Exports or consult with your financial advisor. Additionally, information is available on the NSE SME platform.
