QVC Exports IPO

QVC Exports Ltd

₹1,37,600 /1600 sharesMinimum Investment

QVC Exports IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹86.00₹161.00₹75.00 (87.21%)

QVC Exports IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
21 Aug ‘24 - 23 Aug ‘24₹1,37,6001,600₹86 - ₹86
Issue SizeIPO Doc
24.07Cr
RHP PDF

About QVC Exports

QVC Exports Limited deals in ferro alloys, including high-carbon silico manganese, low-carbon silico manganese, high-carbon ferro manganese, high-carbon ferro chrome, and ferro silicon, as well as raw materials for steel manufacturing. The company follows a business model where it procures raw materials required for manufacturing ferro alloys and then purchases their finished products and sells them to domestic and international steel manufacturers. This process helps create 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 the company’s revenue from operations was earned from exports. As of January 31, 2024, the company’s products were exported to Taiwan, Japan, Bangladesh, Vietnam, Thailand, Turkey, Afghanistan, Korea, Italy, Ukraine, the United Kingdom, Belgium, and Oman, among others.;
Founded in
2005
Managing director
Mr. Nilesh Kumar Sharma
Parent organisation
QVC Exports Ltd

Strengths & Financials of QVC Exports

Strengths
Risks
QVC Exports provides a range of products to its customers.
The company enjoys a long-standing relationship with its key customers and suppliers.
The company supplies its products directly from the premises of its suppliers to its customers. This helps it save on the costs of loading, unloading, warehouse rent, and maintenance, which in turn increases its revenue margin.
The company holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications for quality management in import, export, and dealing in ferro alloys and iron ores.
The company's operational revenue has grown steadily over the years, rising from Rs 123.10 crore in FY22 to Rs 207.24 crore in FY23 and Rs 445.99 crore in FY24. Similarly, the profit after tax (PAT) increased from Rs 0.90 crore in FY22 to Rs 1.71 crore in FY23 and further to Rs 3.93 crore in FY24.

QVC Exports Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of QVC Exports IPO

Apply asPrice bandApply upto
Regular86 - 86₹2 Lakh
High Networth Individual86 - 86₹2 - 5 Lakh
For QVC Exports IPO, eligible investors can apply as Regular.
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