QVC Exports IPO will open for subscription from 21 August 2024. The company aims for an issue size of ₹24.07 Cr through this IPO.
Company Overview
| Full name | QVC Exports Limited |
| Sector | Trading |
| Industry | Trading |
| Company Website | http://www.qvcgroup.com/ |
About Company
QVC Exports deals in ferroalloys, including high-carbon silico manganese, low-carbon silico manganese, high-carbon ferro manganese, high-carbon ferrochrome, and ferro silicon. It is also engaged in the dealing in raw materials for manufacturing of steel. The company procures raw materials required for manufacturers of ferroalloys, such as manganese ore, chrome ore, and coke, and purchases their finished products, being varied categories of ferroalloys, and further sells them to domestic and international steel manufacturers.
As of 30 September 2023, 95.34% of its revenue from operations was earned from export operations. As of January 31, 2024, it exported to various countries, including Taiwan, Japan, Bangladesh, Vietnam, Thailand, Turkey, Afghanistan, Korea, Italy, Ukraine, United Kingdom, Belgium, Oman, etc. It imports manganese ore, and manganese ore lumps from reputed miners and manufacturers in Hong Kong and France.
The Objectives of the Issue
- To repay the unsecured loans taken by the Company
- To meet working capital requirement
- General Corporate Purposes
QVC Exports IPO Timetable
| IPO Opening date | 21 August 2024 |
| IPO Closing | 23 August 2024 |
| Basis of Allotment | 26 August 2024 |
| Initiation Refund | 27 August 2024 |
| Credit to Demat Account | 27 August 2024 |
| Listing Date | 28 August 2024 |
QVC Exports IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹24.07 Cr – 2,798,400 shares |
| Fresh Issue | ₹17.63 Cr – 2,049,600 shares |
| Offer for sale | ₹6.44 Cr – 748,800 shares |
| Face value | ₹10 per share |
| Offer Price | ₹86 per share |
| Lot size | 1600 Shares |
| Market Maker portion | 140,800 shares |
| Shareholding pre-issue | 8,401,692 |
| Shareholding post-issue | 10,451,692 |
| Listing Exchange | NSE SME |
QVC Exports IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹137,600 |
| Retail (Max) | 1 | 1600 | ₹137,600 |
| HNI (Min) | 2 | 3,200 | ₹275,200 |
QVC Exports Offer Documents
QVC Exports IPO Reservation Details
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
QVC Exports Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 123.10 | 207.24 | 445.99 |
| Expenses | 125.48 | 210.30 | 443.91 |
| Net income | 0.91 | 1.71 | 3.93 |
QVC Exports Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.00 | 2.04 | 7.20 |
| PE ratio | – | – | 11.94 |
| RONW (%) | 4.62 | 8.22 | 17.75 |
| NAV | 30.34 | 33.45 | 40.56 |
| ROCE (%) | 9.07 | 14.74 | 34.22 |
| EBITDA (%) | 1.83 | 2.05 | 2.63 |
| Debt/Equity | 0.81 | 1.15 | 1.46 |
Company Promoters
- Nilesh Kumar Sharma
- Madhu Sharma
- Priti Sharma
- Matashree Mercantile Private Limited
- Unity Vyapaar Private Limited.
Promoter Holding
| Pre Issue Share Holding | 99.98% |
| Post Issue Share Holding | 73.22% |
QVC Exports Offer GMP Update
Coming Soon
QVC Exports IPO Subscription Update
Coming Soon
QVC Exports IPO Allotment Status
QVC Exports IPO allotment status will be available on Cameo Online’s website. Click on the Cameo IPO weblink to get allotment status.
QVC Exports IPO Listing Details
| Listing Date | 28 August 2024 |
| BSE Scrip Code | Coming Soon |
| NSE Symbol | |
| ISIN | |
| Final Issue Price |
Listing Day Update
| Listing Exchange | NSE SME |
| Final Issue Price | Coming Soon |
| Open | |
| Low | |
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| Last Trade |
QVC Exports IPO Lead Manager(s)
KHANDWALA SECURITIES LIMITED
Vikas Building, Ground Floor, Green Street,
Fort, Mumbai 400 023, Maharashtra, India
Phone: +91 22 4076 7373
Email: rinav@kslindia.com/ipo@kslindia.com
Website: www.kslindia.com
QVC Exports Registrar
CAMEO CORPORATE SERVICES LIMITED
Subramanian Building, 1 Club House Road,
Chennai-600 002, Tamil Nadu, India
Phone: +91-44-40020700
Email: ipo@cameoindia.com
Website: www.cameoindia.com
QVC Exports Contact Details
QVC EXPORTS LIMITED
2nd FR 6, Southern Avenue,
Kalighat, Kolkata – 700 026, West Bengal
Phone: +91 334 849 8782
E-mail: office@qvcgroup.com
Website: www.qvcgroup.com
QVC Exports IPO FAQs
What is QVC Exports’ offer size?
QVC Exports’ offer size is ₹ 24.07 crores.
What is QVC Exports’ offer price band?
QVC Exports public offer price is ₹ 86 per share.
What is the lot size of QVC Exports Offer?
QVC Exports offer lot size is 1,600 shares.
What is QVC Exports Offer GMP today?
QVC Exports IPO GMP today is ₹ NA per share.
What is QVC Exports kostak rate today?
QVC Exports kostak rate today is ₹ NA per application.
What is QVC Exports Subject to Sauda rate today?
QVC Exports’ Subject to Sauda rate today is ₹ NA per application.
Final thoughts
QVC Exports IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.
Happy Investing
