| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹24.07 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹24.07 Cr |
| Fresh Issue | ₹16.42 Cr |
| Offer for Sale | ₹6.44 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน86.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | QVCEL |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Khandwala 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: 1,600 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To repay the unsecured loans taken by the Company | 1.09 |
| 2 | To meet working capital requirement | 9.00 |
| 3 | General Corporate Purposes | 4.74 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 93.86 | 64.90 | 54.61 |
| Total Income | 454.63 | 214.71 | 127.83 |
| Profit After Tax | 3.93 | 1.71 | 0.91 |
| NET Worth | 34.08 | 28.03 | 26.68 |
| Reserves and Surplus | 25.68 | 23.83 | 22.09 |
| Total Borrowing | 49.82 | 32.28 | 21.59 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 7.20% |
| ROCE | 34.22% |
| Debt / Equity | 1.46% |
| RoNW | 17.75% |
| PAT Margin | 1.33% |
| Price to Book Value | 2.12 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 4.67 | 3.76 |
| P/E (x) | 18.4 | 22.89 |
| Promoter Holding | 99.98% | 73.22% |
| Market Cap | โน89.88 Cr. | |