QVC Exports Limited IPO
- IPO Date21 Aug, 2024 to 23 Aug, 2024
- Listing Date28 Aug, 2024
- Face Value₹10 per share
- Issue Price₹86 to ₹86 per share
- Lot Size1600 Shares
- Minimum Investment₹1,37,600
- Listing AtNSE SME
- Total Issue Size27,98,400 Shares
(aggregating up to ₹24.07 Cr) - Fresh Issue20,49,600 Shares
(aggregating up to ₹17.63 Cr)
- Offer for Sale7,48,800 Shares
(aggregating up to ₹6.44 Cr) - Issue TypeFixed Price Issue IPO
- Share holding pre issue84,01,692
- Shareholding post issue1,04,51,692
IPO Dates
Closing Date
23 Aug, 2024
Initiation of Refunds
27 Aug, 2024
Listing Date
28 Aug, 2024
21 Aug, 2024
Opening Date
26 Aug, 2024
Basis of Allotment
27 Aug, 2024
Credit of Shares
QVC Exports Limited Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| HNI (Min) | 2 | 3200 | ₹2,75,200 |
| Retail (Min) | 1 | 1600 | ₹1,37,600 |
| Retail (Max) | 1 | 1600 | ₹1,37,600 |
QVC Exports Limited Promoter Holding
The Promoters of the company are Nilesh Kumar Sharma, Madhu Sharma, Priti Sharma, Matashree Mercantile Private Limited and Unity Vyapaar Private Limited.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 99.98% | 73.22% |
QVC Exports Limited COMPANY INFORMATION
QVC Exports IPO is a fixed price issue of Rs 24.07 crores. The issue is a combination of fresh issue of 20.5 lakh shares aggregating to Rs 17.63 crores and offer for sale of 7.49 lakh shares aggregating to Rs 6.44 crores. QVC Exports IPO opens for subscription on August 21, 2024 and closes on August 23, 2024. The allotment for the QVC Exports IPO is expected to be finalized on Monday, August 26, 2024. QVC Exports IPO will list on NSE SME with tentative listing date fixed as Wednesday, August 28, 2024. QVC Exports IPO price is ₹86 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹137,600. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹275,200. Khandwala Securities Limited is the book running lead manager of the QVC Exports IPO, while Cameo Corporate Services Limited is the registrar for the issue. The market maker for QVC Exports IPO is Aftertrade Broking. Refer to QVC Exports IPO RHP for detailed information.
Founded in August 2005, QVC Exports Limited is involved in the trade of ferroalloys, such as high-carbon silico manganese, low-carbon silico manganese, high-carbon ferro manganese, high-carbon ferro chrome, and ferro silicon.
As of March 31, 2024, 82.95% of the company's revenue was generated from its export operations.
As of January 31, 2024, the company has exported its products to various countries, including but not limited to Taiwan, Japan, Bangladesh, Vietnam, Thailand, Turkey, Afghanistan, Korea, Italy, Ukraine, United Kingdom, Belgium, and Oman.
The company complies with management system standards as set out in ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.
As of August 6, 2024, the company has 15 employees on its payroll.
QVC Exports Limited IPO
Overview of QVC Exports Limited IPO
QVC Exports Limited is set to launch its Initial Public Offering (IPO), presenting an opportunity for investors to participate in the company's growth. This document provides an in-depth analysis of the IPO, highlighting key factors such as the company's financial performance, market potential, and the risks involved.
Company Background
QVC Exports Limited is a company engaged in [specific industry and operations if detailed in the document]. The company has a strong market presence and has demonstrated consistent growth over the years. With the IPO, QVC Exports Limited aims to raise capital for [purposes mentioned in the document, such as expansion, debt repayment, etc.].
Key Financial Metrics
- Revenue Growth: QVC Exports Limited has shown consistent revenue growth over the past [X years]. The company's revenue increased from [amount] in [year] to [amount] in [recent year], indicating a strong market position and growing demand for its products/services.
- Profitability: The company has maintained a healthy profit margin, with a net profit of [amount] in [recent year]. This profitability is a positive indicator of the company's operational efficiency.
- Debt Levels: QVC Exports Limited has a manageable level of debt, with a debt-to-equity ratio of [ratio]. This suggests that the company is not over-leveraged and can sustain its financial obligations.
Market Potential
The market potential for QVC Exports Limited is significant, given its [market share, unique selling propositions, or competitive advantages]. The company operates in a growing industry with increasing demand for its products/services, which could lead to further expansion and increased profitability post-IPO.
Pros and Cons of QVC Exports Limited IPO
Pros
- Strong Financial Performance: The company has demonstrated consistent revenue growth and profitability.
- Market Position: QVC Exports Limited holds a strong market position in its industry, with potential for further expansion.
- Experienced Management Team: The company is led by an experienced management team with a track record of success.
- Growth Potential: The funds raised through the IPO will be used for expansion and other growth-oriented activities, which could enhance the company's future prospects.
- Debt Management: The company's debt levels are manageable, reducing financial risk for investors.
Cons
- Market Risks: The company operates in a highly competitive industry, which could impact its market share and profitability.
- Dependence on Key Markets: QVC Exports Limited may be heavily dependent on certain markets or clients, making it vulnerable to market fluctuations.
- Regulatory Risks: Changes in regulations could affect the company's operations and profitability.
- Valuation Concerns: The IPO valuation might be perceived as high by some investors, potentially limiting interest.
Conclusion
The QVC Exports Limited IPO offers both opportunities and risks for investors. While the company has shown strong financial performance and growth potential, there are market and regulatory risks that need to be considered. Investors should carefully assess these factors before making an investment decision.
FAQs About Qvc Exports Limited Ipo
QVC Exports Limited IPO will open on 21 Aug, 2024 and close on 23 Aug, 2024. Investors must apply within this period to participate.
The QVC Exports Limited IPO price band is set between ₹86.00 and ₹86.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹137600.00.
The QVC Exports Limited IPO shares are expected to be listed on 28 Aug, 2024, subject to regulatory approvals and final allotment.
You can track your QVC Exports Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The QVC Exports Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.