Quality Foils IPO subscription status started on Tuesday March 14, 2023 and will close on March 16, 2023. Quality Foils IPO to raise around ₹4.52 crores via IPO. The retail quota is 50%, and NII is 50%. The price band is fixed at ₹60 per equity share.
The Quality Foils IPO minimum market lot is 2000 shares with ₹120,000 application amount. The IPO to list on NSE.
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”.
IPOWatch View
We recommend investors may apply an IPO with Longterm Views Investors should also look at the NII, and Retail numbers before investing.
Quality Foils IPO Subscription Status – Closed
| Category | Day 1 | Day 2 | Day 3 |
| NII | 10.53 | 54.05 | 464.50 |
| RII | 7.55 | 43.82 | 259.65 |
| Total | 10.04 | 49.94 | 364.38 |
Quality Foils IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Quality Foils IPO Review
- May Apply
Quality Foils IPO Date & Price Band
| IPO Open: | March 14, 2023 |
| IPO Close: | March 16, 2023 |
| IPO Size: | Approx ₹4.52 Crores, 754,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹60 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
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹120,000 |
| Retail Maximum | 1 | 2000 | ₹120,000 |
| S-HNI Minimum | 2 | 4000 | ₹240,000 |
Quality Foils IPO Subscription Dates
| 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 |
Quality Foils IPO Form
How to apply for the Quality Foils IPO? You can apply for 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 is you can apply for Quality Foils IPO via IPO forms downloaded via NSE. Check out the Quality Foils forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
