Quality Foils IPO Details: Quality Foils IPO date is fixed, The IPO will open on March 14 and will close on March 16, 2023. Quality Foils is an NSE SME IPO to raise ā¹4.52 crores via IPO. The Quality Foils IPO price band is fixed at ā¹60 with a market lot of 2000 shares.
Quality Foils (India) Limited is a manufacturer of Stainless Steel Strips, Foils, Coils, Tubes & pipes in India. The plant was set up in 1982 in Hisar, Haryana. They become a leader in manufacturing high precision Stainless Steel Strips and Coils. They are selling their products under brand name “Quality”.
They are one of the major suppliers of raw materials for the S S Tube / Pipe Manufacturing Industry in India. They also cater to the manufacturer’s requirement of Utensils, Cutlery, Kitchenware, Kitchen Singks, SS Flexible Hoses, Automobile Components, etc. They export their products to Europe, the USA, and South East African Countries.
Objects of the Issue:
- Funding capital expenditure requirements towards purchase of machinery.
- To meet the working capital requirements of the Company.
- General Corporate Purpose.
- To meet the Issue Expenses.
Quality Foils IPO Review
- May Apply
Quality Foils IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
| 24 March | ā¹25 | ā¹- | ā¹30000 |
Quality Foils IPO Date & Price Band Details
| IPO Open: | March 14, 2023 |
| IPO Close: | March 16, 2023 |
| IPO Size: | Approx ā¹4.52 Crores, 754,000 Equity Shares |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹60 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Quality Foils IPO Market Lot
The Quality Foils IPO minimum market lot is 2000 shares with a ā¹120,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ā¹120,000 |
| Retail Maximum | 1 | 2000 | ā¹120,000 |
| S-HNI Minimum | 2 | 4000 | ā¹240,000 |
Quality Foils IPO Dates
The Quality Foils IPO date is March 14 and the IPO close date is March 16. The IPO allotment date is March 21 and the IPO might list on March 24.
| IPO Open Date: | March 14, 2023 |
| IPO Close Date: | March 16, 2023 |
| Basis of Allotment: | March 21, 2023 |
| Refunds: | March 22, 2023 |
| Credit to Demat Account: | March 23, 2023 |
| IPO Listing Date: | March 24, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Quality Foils IPO Form
How to apply Quality Foils IPO? You can apply Quality Foils IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Quality Foils IPO in the Invest section. The other option you can apply Quality Foils IPO via IPO forms download via the NSE website. Check out the Quality Foils forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Quality Foils Company Financial Report
| ā¹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ā¹152 | ā¹151 | ā¹1.08 |
| 2021 | ā¹124 | ā¹123 | ā¹0.96 |
| 2022 | ā¹180 | ā¹178 | ā¹1.62 |
| 2023 6M | ā¹105 | ā¹103 | ā¹2.06 |
Quality Foils IPO Valuation – FY2022
Check Quality Foils IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ā¹7.71 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 7.97% |
| Net Asset Value (NAV): | ā¹1450.91 per Equity Share |
Peer Group
- NA
Company Promoters
- Mr. Kuldip Bhargava
- Mr. Tejasvi Bhargava
Quality Foils IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Quality Foils IPO Allotment Status
Check Quality Foils IPO allotment status on Bigshare website URL. Click Here
Quality Foils IPO Lead Managers
- Khambatta Securities Limited
Company Address
Quality Foils (India) Limited
3, Industrial Development Colony,
Hisar,
Haryana-125005
Phone: 01662-220327, 28
Email: [email protected]
Website: http://www.qualitygroup.in/
Quality Foils IPO FAQs
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