QVC Exports is engaged in the business of dealing in ferro alloys, including but not limited to high-carbon silico manganese, low-carbon silico manganese, high-carbon ferro manganese, high-carbon ferro chrome, and ferro silicon. They also engaged in dealing in raw materials for the manufacturing of steel. They have devised a unique business model, wherein they procure raw materials required for manufacturers of ferro alloys, such as manganese ore, chrome ore, and coke, and purchase their finished products, being varied categories of ferro alloys and further sell it to domestic and international steel manufacturers. They have created a unique inward and outward model, wherein they procure raw materials for a manufacturer and further sell the finished products of the same manufacturer, thereby creating a wide and reliable customer and supplier base and the ability to serve manufacturers at different points of the steel supply chain. As of March 31, 2024, 82.95% of their revenue from operations was earned from their export operations. Further, as of January 31, 2024, they export their products to various countries, including but not limited to Taiwan, Japan, Bangladesh, Vietnam, Thailand, Turkey, Afghanistan, Korea, Italy, Ukraine, United Kingdom, Belgium, Oman, etc. They import manganese ore, and manganese ore lumps from reputed miners and manufacturers in Hong Kong and France.
A majority of their revenue from operations is earned from exporting their products to reputed steel manufacturers in various countries. They are also a supplier of ferro alloys for a lot of reputed Indian manufacturers and therefore to maintain such clientele, they are bound to ensure that the products procured by them are of utmost quality and are compliant with the quality requirements of their customers. They deploy independent inspection agencies such as Bureau Veritas, IRA, SGS, etc. They also follow up with our customers to ensure that the products supplied to them are of utmost quality.
Objects of the Issue:
- To repay the unsecured loans taken by the Company
- To meet working capital requirement
- General Corporate Purposes
QVC Exports IPO Review
- May Apply
QVC Exports IPO Date & Price Band Details
| IPO Open: | August 21, 2024 |
| IPO Close: | August 23, 2024 |
| IPO Size: | Approx ₹24.07 Crores, 2,798,400 Equity Shares |
| Fresh Issue: | Approx ₹17.63 Crores, 2,049,600 Equity Shares |
| Offer for Sale: | Approx ₹6.44 Crores, 748,800 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹86 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | [.]% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
QVC Exports IPO Market Lot
The QVC Exports IPO minimum market lot is 1600 shares with a ₹137,600 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹137,600 |
| Retail Maximum | 1 | 1600 | ₹137,600 |
| S-HNI Minimum | 2 | 3200 | ₹275,200 |
QVC Exports IPO Dates
The QVC Exports IPO date is August 21 and the IPO close date is August 23. The IPO allotment date is August 26 and the IPO might list on August 28.
| IPO Open Date: | August 21, 2024 |
| IPO Close Date: | August 23, 2024 |
| Basis of Allotment: | August 26, 2024 |
| Refunds: | August 27, 2024 |
| Credit to Demat Account: | August 27, 2024 |
| IPO Listing Date: | August 28, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
QVC Exports IPO Form
How to apply QVC Exports IPO? You can apply QVC Exports IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the QVC Exports IPO in the Invest section. The other option you can apply QVC Exports IPO via IPO forms download via the NSE website. Check out the QVC Exports forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
QVC Exports Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹127.83 | ₹125.48 | ₹0.91 |
| 2023 | ₹214.71 | ₹210.30 | ₹1.71 |
| 2024 | ₹454.63 | ₹443.91 | ₹3.93 |
QVC Exports IPO Valuation – FY2024
Check QVC Exports 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): | ₹7.20 per Equity Share |
| Price/Earning P/E Ratio: | 11.94 |
| Return on Net Worth (RoNW): | 17.75% |
| Net Asset Value (NAV): | ₹40.56 per Equity Share |
Peer Group
- NA
Company Promoters
- Nilesh Kumar Sharma
- Madhu Sharma
- Priti Sharma
- Matashree Mercantile Private Limited
- Unity Vyapaar Private Limited
QVC Exports IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
QVC Exports IPO Allotment Status
Check QVC Exports IPO allotment status on Cameo Corporate website URL. Click Here
QVC Exports IPO Lead Managers aka Merchant Bankers
- Khandwala Securities Limited
Company Address
QVC Exports Limited
6 th Floor, South City Business Park 770
EM Bypass, Anandapur, Adarsha Nagar,
E.K.T, Kolkata- 700107
Phone: +91 3324197677
Email: [email protected]
Website: http://www.qvcgroup.com/
