QVC Exports Limited IPO Overview: QVC Exports Limited, based in Kolkata, is one of India’s leading producers and suppliers of various types of Ferro Alloys, including High, Medium, and Low Carbon Silicon Manganese, as well as High, Medium, and Low Carbon Ferro Manganese.
QVC Exports Limited is going to be open to the public on August 21, 2024 and the closing date of the IPO is August 23, 2024. The share allotment date of the QVC Exports IPO is August 26, 2024 and the listing date is Wednesday, August 28, 2024. This is a fresh-issue and SME book-built initial public offering (IPO), with a total issue size of ₹24.07 crore for 27.98 lakh shares. Whereas the fresh issue is ₹17.63 crore for 20.49 lakh shares and the offer for sale is ₹6.44 crore for 7.48 lakh shares. The price band of the QVC Exports IPO is set at ₹86 per share.
Table of Contents
You will find all the information regarding the company and its IPO on this page. This page will be updated regularly with the latest updates regarding the QVC Exports Limited IPO.
QVC Exports IPO Details
| IPO Date | August 21, 2024 to August 23, 2024 |
| Listing Date | August 28, 2024 |
| Face Value | ₹10 per share |
| Price | ₹86 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | ₹24.07 Crore for 27,98,400 shares |
| Fresh Issue | ₹17.63 crore for 20,49,600 shares |
| Offer for Sale | ₹6.44 crore for 7,48,800 shares |
| Issue Type | Fixed Price Issue IPO |
| Overall Subscription | 535x |
| Listing At | NSE SME |
| Share holding pre issue | 8,401,692 |
| Share holding post issue | 10,451,692 |
QVC Exports IPO Important Dates
If you are an investor, it is crucial to be mindful of the dates associated with the opening and closing of the IPO.
QVC Exports Limited IPO’s opening date is Wednesday, August 21, 2024 and the offer will close on Friday, August 23, 2024. IPO’s allotment date is on Monday, August 26, 2024 and the listing date is on Wednesday, August 28, 2024.
All the important dates regarding the QVC Exports IPO Limited IPO are mentioned below. Mark them on your calendar so you don’t miss any events.
| 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
The overall subscription rate of QVC IPO reached 535 times. Which indicates a high interest from both retail & NIIs in the IPO. The last updated Grey Market Premium (GMP) for the QVC Exports IPO is up to ₹89. The offering price for the QVC Exports Limited IPO is ₹86 per share.
The following table displays the trend of the QVC Exports Limited IPO’s GMP over the past few days.
| GMP Date | IPO Price | GMP Price |
| August 28, 2024 | ₹86 | ₹89 |
| August 27, 2024 | ₹86 | ₹89 |
| August 26, 2024 | ₹86 | ₹90 |
| August 25, 2024 | ₹86 | ₹70 |
| August 24, 2024 | ₹86 | ₹70 |
| August 23, 2024 | ₹86 | ₹72 |
| August 22, 2024 | ₹86 | ₹56 |
| August 21, 2024 | ₹86 | ₹52 |
| August 20, 2024 | ₹86 | ₹52 |
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QVC Exports IPO Fundamentals
| 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 |
QVC Exports IPO Lot Size
lotQVC Exports Limited IPO offers a minimum of 1600 shares per lot. Retail investors can apply for a minimum of 1 lot and a maximum of 1 lots, while high-net-worth individuals (HNIs) can apply for a minimum of 2 lots and a maximum of 4 lots.
The below table represents the future of minimum and maximum investment for retail investors and HNI concerning shares and amounts.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,37,600 |
| Retail (Max) | 1 | 1600 | ₹1,37,600 |
| HNI (Min) | 2 | 3,200 | ₹2,75,200 |
QVC Exports Limited IPO Investors Quota
| Investor Category | Shares Offered |
|---|---|
| Employee and Market Maker Shares Offered | 5.03% |
| NIIs and Other Shares Offered | 47.46% |
| Retail Shares Offered | 47.51% |
| Total | 100% |
Shareholding Patterns of Different Shareholders
The pre-issue and post-issue shareholding patterns of different shareholders of the QVC Exports IPO are as follows:
| Shareholder details | Pre-issue (in %) | Post-issue (in %) |
| Promoter Holding | 99.98% | 73.22% |
| Public-individual selling shareholder | 19.89 | 16.20 |
| Public-investor selling shareholder | 36.70 | 26.42 |
| Public | 43.24 | 57.23 |
| Employee trust | 0.17 | 0.16 |
| Total | 100 | 100 |
QVC Exports Limited Overview
QVC Exports Limited, based in Kolkata, is one of India’s leading producers and suppliers of various types of Ferro Alloys, including High, Medium, and Low Carbon Silicon Manganese, as well as High, Medium, and Low Carbon Ferro Manganese. The company’s manufacturing unit is located in Durgapur Industrial City. Nilesh Kumar Sharma serves as the CEO of QVC Exports Ltd., which was founded in August 2005.
QVC Exports Limited shows impressive growth in FY2024, Revenue increased by 111.72% and Profit After Tax grew by 129.24%.
QVC Exports Limited Financial Repots
- Revenue grew by: 111.72%
- Profit After Tax grew by: 129.24%
- Total Debts grew by: 54.37%
| Year | Revenue | Expense | PAT | Total Debts |
| 2023 | ₹214.71 crore | ₹210.30 crore | ₹1.71 crore | ₹32.27 crore |
| 2024 | ₹454.63 crore | ₹443.91 crore | ₹3.93 crore | ₹49.81 crore |
FAQs
1. What is the GMP price of the QVC Exports Limited IPO?
The current GMP price of the QVC Exports IPO is ₹89.
2. On which exchange will the QVC exports be listed?
QVC Exports IPO shares are to be listed on the NSE SME.
3. When is the allotment date for the QVC Exports IPO?
The allotment date of the QVC Exports Limited IPO is Monday, August 26, 2024.
4. What are the opening and closing dates of the QVC Exports IPO?
QVC Exports IPO will open on August 21, 2024 & close on August 23, 2024.
5. When is the listing date for the QVC Exports Limited IPO?
QVC Exports IPO’s listing date is August 28, 2024.
Conclusion
QVC Exports Limited, is one of leading producers and suppliers of various types of Ferro Alloy. QVC Exports Limited IPO’s opening date is Wednesday, August 21, 2024 and the offer will close on Friday, August 23, 2024. QVC Exports Limited shows impressive growth in FY2024, Revenue increased by 111.72% and Profit After Tax grew by 129.24%. This may attract significant investor interest into the IPO.
To get more information and regular updates on the QVC Exports Limited IPO, keep in touch with The Invest Advisory.