QVC Exports Ltd

QVC Exports Ltd IPO

QVC Exports Ltd IPO Price Range is ₹86 - 86, with a minimum investment of ₹1,37,600 for 1600 shares.

₹1,37,600

/ 1600 shares

Minimum Investment

View QVC Exports Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹86 - 86

Open Date

2024-08-21

Close Date

2024-08-23

IPO Size

₹24.07 Cr

Lot Size

1600 shares

Min Investment

₹1,37,600

Listing Exchange

NSE

QVC Exports Ltd IPO Application Timeline

passed
Open Date21 Aug 2024
passed
Close Date23 Aug 2024
passed
Allotment Date26 Aug 2024
passed
Listing Date28 Aug 2024

Strengths and Risks

Strengths

Strengths

  • Long Standing Relationship with key Customers & Suppliers.

  • Quality Assurance.

  • Wide range of Products.

  • Experienced Promoters and professional management team with technical expertise.


Risks

Risks

  • The Commissioner, the Central Goods and Services Tax, Kolkata had undertaken a search at its Registered Office. Subsequent to the search, the Commissioner, the Central Goods and Services Tax, Kolkata, issued summons to its Directors under the Central Goods and Services Tax Act, 2017. In the event any adverse orders are passed against the Company or its Directors, it would have a significant impact on its business, results of operations and financial condition.

  • The company generally doing business with its customers on purchase order basis and does not enter into long term contracts with them. Its inability to maintain relationships with the company customers could have an adverse effect on its business, prospects, results of operations and financial condition.

  • The Company is reliant on the demand from the steel industry for a significant portion of its revenue. Any downturn in the steel industry or an inability to increase or effectively manage the company sales could have an adverse impact on the Companys business and results of operations.

  • There have been instances of incorrect filings of certain forms with the RoC, in the past.

  • The company depends on a few customers for a significant portion of its revenue, and any decrease in revenues or sales from any one of its key customers may adversely affect the companys business and results of operations.

  • The prices the company is able to obtain for its products that its trade depend largely on prevailing market prices.

  • The commercial success of its services depends to a large extent on the success of the success of the end use customers. If there is any downturn in the industries in which the customers operate, it could have a material adverse effect on its business, financial condition and results of operations.

  • The business orders which the company undertake may be delayed, modified, cancelled, or not fully paid for by its clients and therefore, could materially affect its business, results of operations and financial condition.

  • The company is dependent upon few suppliers for the material requirements of its trading business.

  • The company derives majority of its revenue from its export operations. Any adverse events affecting these countries could have an adverse impact on its results from operations.

How to Apply for QVC Exports Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select QVC Exports Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About QVC Exports Ltd

QVC Exports Limited is engaged in the business of dealing in ferro alloys, including but not limited to high carbon silico manganese, low carbon silico manganese, high carbon ferro manganese, high carbon ferro chrome and ferro silicon. The Company also engaged in dealing of raw materials for manufacturing of steel. The Company has devised a unique business model, wherein it procures raw materials required for manufacturers of ferro alloys, such as, manganese ore, chrome ore, coke, and purchase its finished products, being varied categories of ferro alloys and further sell it to domestic and international steel manufacturers. The Company has created a unique inward and outward model, wherein it procures raw materials for a manufacturer and further sell the finished products of the same manufacturer, thereby creating a wide and reliable customer and supplier base and ability of serving manufacturers at different points of the steel supply chain.

Frequently Asked Questions of QVC Exports Ltd IPO

What is the size of the QVC Exports Ltd IPO?

The size of the QVC Exports Ltd IPO is ₹24.07 Cr.

What is the allotment date of the QVC Exports Ltd IPO?

QVC Exports Ltd IPO allotment date is Aug 26, 2024 (tentative).

What are the open and close dates of the QVC Exports Ltd IPO?

The QVC Exports Ltd IPO will open on Aug 21, 2024 and close on Aug 23, 2024

What is the lot size of QVC Exports Ltd IPO?

The lot size for the QVC Exports Ltd IPO is 1600.

When will my QVC Exports Ltd IPO order be placed?

Your QVC Exports Ltd IPO order will be placed on Aug 21, 2024

Can we invest in QVC Exports Ltd IPO?

Yes, once QVC Exports Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the QVC Exports Ltd IPO?

The potential listing gains on the QVC Exports Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for QVC Exports Ltd IPO?

'Pre-apply' for QVC Exports Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.