Quality Foils IPO GMP, Review, Price, Allotment

Quality Foils IPO GMP 2023

Quality Foils IPO description – Quality Foils manufactures and exports Cold Rolled Stainless Steel Strips / Coils and Stainless-Steel Flexible Hoses/pipes. The company uses raw material of premium quality i.e. Hot Rolled Stainless Steel Coils/Strips mainly from Jindal Stainless Hissar.

With over 30 years of experience, the company offers stainless steel products in two broad categories:

i. Cold Rolled Stainless Steel Coils/Strips
ii. Stainless Steel Flexible Hose Pipes.

As on 9 January 2023, the company has exported to more than 7 countries including Germany, UK, Philippines, Sri Lanka, Turkey, Poland, and Bogota Colombia.

Quality Foils’ 16,239 square yards manufacturing plant is strategically located at 3, Industrial Development Colony, Hisar, in around 3-5 km distance from its main source of raw material i.e. Jindal Stainless Hisar. The manufacturing facility has total installed capacity of 12,000 MT per annum for CR Stainless steel coils/strips and 2,00,000 meters per annum for SS Hose pipes.

Quality Foils 2023

Promoters of Quality Foils – Mr. Kuldip Bhargava and Mr. Tejasvi Bhargava

Quality Foils IPO Details

Quality Foils IPO Dates14 – 16 March 2023
Quality Foils IPO PriceINR 60 per share
Fresh issue7,54,000 shares (INR 4.52 crore)
Offer For SaleNil
Total IPO size7,54,000 shares (INR 4.52 crore)
Minimum bid (lot size)2,000 shares (INR 120,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE Emerge

Quality Foils Financial Performance

 FY 2020FY 2021FY 2022H1 FY 2023
Net income1.080.961.622.06
Figures in INR Crores unless specified otherwise

Quality Foils Offer News

Quality Foils Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio7.78
RONW (%)
ROCE (%)13.5711.8912.56
EBITDA (%)4.514.943.87
*Compiled by IPO Central from Prospectus

Quality Foils IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
23 Mar 20232535,000
22 Mar 20232232,000
21 Mar 20232232,000
20 Mar 20231830,000
18 Mar 20231828,000
17 Mar 20231525,000
16 Mar 202312
15 Mar 202315
14 Mar 202312
13 Mar 202312
11 Mar 202315
10 Mar 202322
9 Mar 202327
8 Mar 202325

Quality Foils IPO Subscription – Live Updates

CategoryNon retailRetailTotal
Shares Offered377,000377,000754,000
16 Mar 2023445.47246.56346.02
15 Mar 202353.1940.9247.06
14 Mar 202312.037.459.74

Quality Foils Offer Lead Manager

1 Ground Floor, 7/10, Botawala Building, 9
Bank Street, Horniman Circle, Fort, Mumbai,
Maharashtra – 400 001, India
Phone:  011-41645051, 022-66413315
Email: [email protected]
Website: www.khambattasecurities.com

Quality Foils Offer Registrar

Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Telephone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com

Quality Foils Contact Details

3, Industrial Development Colony,
Hisar, Haryana-125005, India
Phone: 01662-220327 / 28
E-mail: [email protected]
Website: www.qualitygroup.in

Quality Foils IPO Allotment Status

Quality Foils IPO allotment status is now available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.

Quality Foils IPO Dates & Listing Performance

IPO Opening Date14 March 2023
IPO Closing Date16 March 2023
Finalisation of Basis of Allotment21 March 2023
Initiation of refunds22 March 2023
Transfer of shares to demat accounts23 March 2023
Quality Foils IPO Listing Date24 March 2023
Opening Price on NSE SMEINR 100 per share (up 66.67%)
Closing Price on NSE SMEINR 97.70 per share (up 62.83%)

Quality Foils IPO FAQs

What is Quality Foils offer size?

Quality Foils offer size is INR 4.52 crore.

What is Quality Foils IPO Price Band?

Quality Foils public offer price is INR 60 per share.

What is the lot size of Quality Foils IPO?

Quality Foils offer a lot size is 2,000 shares.

What is Quality Foils IPO GMP today?

Quality Foils IPO GMP today is INR 25 per share.

What is the Quality Foils kostak rate today?

Quality Foils kostak rate today is NA per application.

What is Quality Foils Subject to Sauda rate today?

Quality Foils Subject to Sauda rate today is INR 35,000 per application.


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