The QVC Exports IPO minimum market lot is 1600 shares with ₹137,600 application amount. The QVC Exports IPO is an SME IPO, and it is to be listed on the NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.
QVC Exports IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| NII | 2.37 | 8.35 | 596.57 |
| RII | 14.67 | 51.30 | 418.64 |
| Total | 8.53 | 29.84 | 535.00 |
QVC Exports 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
QVC Exports IPO Review
- May Apply
QVC Exports IPO Form
How to apply for the QVC Exports IPO? You can apply for 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 is you can apply for QVC Exports IPO via IPO forms downloaded online. Check out the QVC Exports forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
