QVC Exports IPO Logo

QVC Exports IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Aug 21 to Aug 23 2024
Price Band ₹86
Current GMP ₹161(87.21%)
Subscription 535.00 times

IPO Details

IPO Date
August 21, 2024 to August 23, 2024
Listing Date
Wednesday, August 28, 2024
Face Value
₹10 per share
Price
₹86 per share
Lot Size
1600 Shares
Total Issue Size
2,798,400 shares (aggregating up to ₹24.07 Cr)
Fresh Issue
2,049,600 shares (aggregating up to ₹17.63 Cr)
Offer for Sale
748,800 shares of ₹10 (aggregating up to ₹6.44 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
NSE SME
Share holding pre issue
8,401,692
Share holding post issue
10,451,692
Market Maker portion
140,800 shares Aftertrade Broking

IPO Subscription Details

Market Maker
1
Non-Institutional Buyers***
596.57
Retail Investors
418.64
Total **
535.00

Day Wise Sub

DayDay 1 Aug 21, 2024
NII*2.39
Retail14.83
Total8.61
DayDay 2 Aug 22, 2024
NII*8.40
Retail51.93
Total30.18
DayDay 3 Aug 23, 2024
NII*596.57
Retail418.64
Total535.00

Day Wise GMP

Date28-08-2024
Price86.00
GMP91(105.81%)
Estimate List Price177
Date27-08-2024
Price86.00
GMP91(105.81%)
Estimate List Price177
Date26-08-2024
Price86.00
GMP91(105.81%)
Estimate List Price177
Date25-08-2024
Price86.00
GMP90(104.65%)
Estimate List Price176
Date24-08-2024
Price86.00
GMP90(104.65%)
Estimate List Price176
Date23-08-2024
Price86.00
GMP90(104.65%)
Estimate List Price176
Date22-08-2024
Price86.00
GMP72(83.72%)
Estimate List Price158
Date21-08-2024
Price86.00
GMP70(81.4%)
Estimate List Price156
Date20-08-2024
Price86.00
GMP60(69.77%)
Estimate List Price146
Date19-08-2024
Price86.00
GMP30(34.88%)
Estimate List Price116
Date18-08-2024
Price86.00
GMP20(23.26%)
Estimate List Price106
Date17-08-2024
Price86.00
GMP20(23.26%)
Estimate List Price106
Date16-08-2024
Price86.00
GMP0(0.0%)
Estimate List Price(0%)

IPO Important Dates

IPO Open Date
Wednesday, August 21, 2024
IPO Close Date
Friday, August 23, 2024
Basis of Allotment
Monday, August 26, 2024
Initiation of Refunds
Tuesday, August 27, 2024
Credit of Shares to Demat
Tuesday, August 27, 2024
Listing Date
Wednesday, August 28, 2024
Cut-off time for UPI mandate confirmation
5 PM on August 23, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares1600
Amount₹137,600
ApplicationRetail (Max)
Lots1
Shares1600
Amount₹137,600
ApplicationHNI (Min)
Lots2
Shares3,200
Amount₹275,200

Key Performance Indicator

ROE
7.20%
ROCE
34.22%
Debt/Equity
1.46
RoNW
17.75%
P/BV
2.12
PAT Margin (%)
1.33
EPS (Rs)
4.67

IPO Reservation

Anchor Investor Shares Offered
-
Market Maker Shares Offered
140,800 (5.03%)
Other Shares Offered
1,328,000 (47.46%)
Retail Shares Offered
1,329,600 (47.51%)
Total Shares Offered
2,798,400 (100%)

Information about company

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.

Objectives of IPO

The Objects of the Issue are: To repay the unsecured loans taken by the Company To meet working capital requirement General Corporate Purposes

Disclaimer

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