QVC Exports SME IPO Details, Financials, Valuation & Peers

QVC Exports Limited is a specialized company engaged in the trading of ferro alloys and raw materials essential for steel manufacturing. The company's operations encompass procuring raw materials such as manganese ore, chrome ore, and coke, and selling ferro alloys, including high carbon silico manganese, low carbon silico manganese, high carbon ferro manganese, high carbon ferro chrome, and ferro silicon. By implementing a unique inward and outward business model, QVC Exports effectively bridges the gap between raw material suppliers and steel manufacturers, both domestically and internationally. With a substantial focus on exports, the company serves a diverse global clientele, including countries in Asia, Europe, and beyond. QVC Exports is committed to quality and maintains rigorous standards through independent inspections and a comprehensive supplier selection process.

Key Points:

• Core Business: Specializes in trading ferro alloys (high carbon silico manganese, low carbon silico manganese, high carbon ferro manganese, high carbon ferro chrome, and ferro silicon) and raw materials for steel manufacturing.
• Business Model: Utilizes a unique model of procuring raw materials and selling finished ferro alloys, creating a reliable network of suppliers and customers across the steel supply chain.
• Export Focus: As of March 31, 2024, 82.95% of revenue is generated from exports. Products are shipped to various countries including Taiwan, Japan, Bangladesh, Vietnam, Turkey, and Italy.
• Quality Assurance: Committed to high-quality standards with independent inspections by agencies such as Bureau Veritas, IRA, and SGS. Implements corrective measures and works closely with suppliers to ensure product quality.
• Marketing and Expansion: Led by Whole-time Director Esanoo Kanjilal, the marketing team is structured by customer countries, focusing on both existing and potential clients. The company also participates in domestic and international conferences to expand its market presence.
• Supplier Selection: Maintains a rigorous supplier selection process to ensure product quality and develop long-term relationships with high-quality manufacturers. Regular visits to supplier facilities are conducted to verify compliance with quality practices.