Last updated on August 28, 2024
QVC Exports IPO description – QVC Exports deals in ferroalloys, including high-carbon silico manganese, low-carbon silico manganese, high-carbon ferro manganese, high-carbon ferrochrome, and ferro silicon. It is also engaged in the dealing in raw materials for manufacturing of steel. The company procures raw materials required for manufacturers of ferroalloys, such as manganese ore, chrome ore, and coke, and purchases their finished products, being varied categories of ferroalloys, and further sells them to domestic and international steel manufacturers.
As of 30 September 2023, 95.34% of its revenue from operations was earned from export operations. As of January 31, 2024, it exported to various countries, including Taiwan, Japan, Bangladesh, Vietnam, Thailand, Turkey, Afghanistan, Korea, Italy, Ukraine, United Kingdom, Belgium, Oman, etc. It imports manganese ore, and manganese ore lumps from reputed miners and manufacturers in Hong Kong and France.
Promoters of QVC Exports – Nilesh Kumar Sharma, Madhu Sharma, Priti Sharma, Matashree Mercantile Private Limited and Unity Vyapaar Private Limited
Table of Contents
QVC Exports IPO Details
| QVC Exports IPO Dates | 21 – 23 August 2024 |
| QVC Exports Issue Price | INR 86 per share |
| Fresh issue | 20,49,600 shares (INR 17.63 crore) |
| Offer For Sale | 7,48,800 shares (INR 6.44 crore) |
| Total IPO size | 27,98,400 shares (INR 24.07 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 1,37,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE Emerge |
QVC Exports Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 123.10 | 207.24 | 445.99 |
| Expenses | 125.48 | 210.30 | 443.91 |
| Net income | 0.91 | 1.71 | 3.93 |
QVC Exports Offer News
- QVC Exports RHP
- QVC Exports Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
QVC Exports Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.00 | 2.04 | 7.20 |
| PE ratio | – | – | 11.94 |
| RONW (%) | 4.62 | 8.22 | 17.75 |
| NAV | 30.34 | 33.45 | 40.56 |
| ROCE (%) | 9.07 | 14.74 | 34.22 |
| EBITDA (%) | 1.83 | 2.05 | 2.63 |
| Debt/Equity | 0.81 | 1.15 | 1.46 |
QVC Exports IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 27 August 2024 | 80 | – | 71,000 |
| 26 August 2024 | 80 | – | 71,000 |
| 24 August 2024 | 80 | – | 71,000 |
| 23 August 2024 | 60 | – | 64,700 |
| 22 August 2024 | 52 | – | 58,000 |
| 21 August 2024 | 35 | – | 43,000 |
| 20 August 2024 | 27 | – | 31,500 |
| 19 August 2024 | 22 | – | 25,500 |
QVC Exports IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 13,28,000 | 13,29,600 | 26,57,600 |
| 23 Aug 2024 | 596.67 | 418.64 | 507.60 |
| 22 Aug 2024 | 8.37 | 50.43 | 29.41 |
| 21 Aug 2024 | 2.36 | 14.43 | 8.40 |
The market maker reservation portion of 1,40,800 shares is not included in the above calculations.
QVC Exports IPO Dates & Listing Performance
| IPO Opening Date | 21 August 2024 |
| IPO Closing Date | 23 August 2024 |
| Finalization of Basis of Allotment | 26 August 2024 |
| Initiation of refunds | 27 August 2024 |
| Transfer of shares to demat accounts | 27 August 2024 |
| IPO Listing Date | 28 August 2024 |
| Opening Price on NSE SME | INR 161 per share (up 87.21%) |
| Closing Price on NSE SME | INR 152.95 per share (up 77.85%) |
QVC Exports Offer Lead Manager
KHANDWALA SECURITIES LIMITED
Vikas Building, Ground Floor, Green Street,
Fort, Mumbai 400 023, Maharashtra, India
Phone:Â +91 22 4076 7373
Email:Â [email protected]/[email protected]
Website:Â www.kslindia.com
QVC Exports Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
Subramanian Building, 1 Club House Road,
Chennai-600 002, Tamil Nadu, India
Phone: +91-44-40020700
Email:Â [email protected]
Website:Â www.cameoindia.com
QVC Exports Issue Contact Details
QVC EXPORTS LIMITED
2nd FR 6, Southern Avenue,
Kalighat, Kolkata – 700 026, West Bengal
Phone: +91 334 849 8782
E-mail: [email protected]
Website: www.qvcgroup.com
IPO FAQs
What is QVC Exports’ offer size?
QVC Exports’ offer size is INR 24.07 crores.
What is QVC Exports’ offer price band?
QVC Exports public offer price is INR 86 per share.
What is the lot size of QVC Exports IPO?
QVC Exports offer lot size is 1,600 shares.
What is QVC Exports IPO GMP today?
QVC Exports IPO GMP today is INR 80 per share.
What is QVC Exports kostak rate today?
QVC Exports kostak rate today is INR NA per application.
What is QVC Exports Subject to Sauda rate today?
QVC Exports’ Subject to Sauda rate today is INR 71,000 per application.
