QVC Exports SME IPO Details, Financials, Valuation & Peers

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Get everything you need to know about the QVC Exports IPO. Explore QVC Exports IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.

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Status
Listed
Biding Dates
21 Aug - 23 Aug 2024
Price Range
₹ 86
Issue Size
₹ 24.07 crore
Listed Price
₹16187.21%

Overview

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.

IPO Docs

Objects of the Issue

  • To repay the unsecured loans taken by the Company
  • To meet working capital requirement
  • General Corporate Purposes

IPO Details

Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.

FieldsDetails
IPO Dates21 Aug - 23 Aug 2024
IPO Price Band₹ 86 per share
Fresh Issue20,49,600 shares (₹ 17.63 crore)
Offer For Sale7,48,800 shares (₹ 6.44 crore)
Total IPO Size₹ 24.07 crore
Face Value₹ 10
Listing OnNSE

IPO Timeline

Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.

EventDate
IPO Opening Date21 Aug 2024
IPO Closing Date23 Aug 2024
Basis Of Allotment26 Aug 2024
Refunds27 Aug 2024
Demat Transfer27 Aug 2024
IPO Listing Date28 Aug 2024

Financial Statements

Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.

Period Ended31st March 202131st March 202231st March 202331st March 2024
Total Income91.68127.83214.71454.63
Total Expenses89.24125.48210.30443.91
Net Profit/Loss0.831.232.306.05
NPM (*)0.900.961.071.33
Total Assets48.5454.6164.9093.86
Total Liabilities23.1027.9336.8759.78

* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)

Valuation

Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.

Period Ended31st March 202131st March 202231st March 202331st March 2024
EPS1.611.02.047.20
ROE (%)3.274.628.227.20
ROCE (%)5.009.0714.7434.22
D/E Ratio0.820.811.151.46
Current Ratio1.211.201.311.00
EBITDA MARGIN (%)2.661.832.052.63

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

No listed peers available for comparison.

Subscription Data from NSE and BSE

Investor TypeSubscribed
Qualified Institutional Buyer (QIB)0
Non-Institutional Investor (NII/HNI)596.57
Retail Individual Investor (RII)418.64
Total535

* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.

IPO Registrar

Cameo Corporate Services Limited
Phone
: +91 - 44 – 40020700
Email: investor@cameodina.com
Website: www.cameoindia.com

Company Promoters

  • NILESH KUMAR SHARMA
  • MADHU SHARMA
  • PRITI SHARMA
  • MATASHREE MERCANTILE PRIVATE LIMITED
  • UNITY VYAPAAR PRIVATE LIMITED

Lead Managers

  • Khandwala Securities Limited

Company Address

QVC Exports Limited

6th Floor, South City Business Park 770, EM Bypass, Anandapur, Adarsha Nagar, E.K.T, Kolkata- 700 107, West Bengal, India.

Phone: +91 334 849 8782

Email: office@qvcgroup.com

Website: www.qvcgroup.com

FAQs

  • What is the issue size of the QVC Exports SME IPO?
    The QVC Exports SME IPO has an issue size of ₹ 24.07 crore. This includes a fresh issue of 20,49,600 shares (₹ 17.63 crore) and an offer for sale (OFS) of 7,48,800 shares (₹ 6.44 crore).
  • What is the price band of the QVC Exports IPO?
    The price band for the QVC Exports IPO is ₹ 86 per share.
  • What are the bidding dates for the QVC Exports IPO?
    The QVC Exports IPO will open for bidding on 21 Aug 2024 and close on 23 Aug 2024.
  • What is the allotment date for the QVC Exports IPO?
    The allotment date for the QVC Exports IPO is 26 Aug 2024.
  • What is the listing date for the QVC Exports IPO?
    The listing date for the QVC Exports IPO is 28 Aug 2024.
  • What is the QVC Exports IPO grey market premium?
    The grey market premium (GMP) for the QVC Exports IPO is currently at ₹91, with an expected listing gain of approximately 105.81%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.

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