| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹4.52 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹4.52 Cr |
| Fresh Issue | ₹4.30 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน60.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | QFIL |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Khambatta Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Incorporated in 1990, Quality Foils (India) Limited is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/pipes. The company uses raw materials of premium quality i.e. Hot Rolled Stainless Steel Coils/Strips mainly from Jindal Stainless Hissar Limited.
Quality Foils is among India's prospering manufacturers and exporters of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible hose pipes. The entity has over three decades of experience in manufacturing stainless steel products.
The deliverables of Quality Foils (India) Limited are offered under the brand name "Quality".
Quality Foils (India) Limited products are sold both in the domestic as well as international markets. The company have exported its products to more than seven countries, including Germany, the UK, the Philippines, Sri Lanka, Turkey, Poland and Bogota Colombia.
The company has one manufacturing plant located in Hisar, Haryana. Manufacturing Facility have a total installed capacity of 12,000 MT per annum for CR Stainless steel coils/strips and 2,00,000 meters per annum for SS Hose pipes.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements towards purchase of machinery | 1.51 |
| 2 | To meet the working capital requirements of the Company | 2.25 |
| 3 | General Corporate Purpose; and | 0.36 |
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 71.35 | 78.35 | 65.37 | 66.07 |
| Total Income | 104.72 | 180.31 | 124.37 | 152.11 |
| Profit After Tax | 2.06 | 1.62 | 0.96 | 1.08 |
| NET Worth | 22.37 | 20.31 | 18.69 | 17.74 |
| Reserves and Surplus | 20.97 | 18.91 | 17.29 | 16.34 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 8.07% |
| ROCE | 12.56% |
| Debt / Equity | 2.44% |
| RoNW | 7.97% |
| PAT Margin | 0.88% |
| EBITDA Margin | 13.55% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 11.56 | |
| P/E (x) | 4.16 | |
| Promoter Holding | 72.80% | |
| Market Cap | โน17.12 Cr. | |