QVC Exports Ltd

QVC Exports Ltd IPO

IPO Price Range: ₹86 - 86

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.

Min Investment

₹1,37,600

IPO Size

₹24 Cr

IPO Status

Closed

Quantity in 1 Lot

1600

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of QVC Exports Ltd

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

Key Statistics

Bid Opening DateBid Opening Date21 Aug 2024
Bid Closing DateBid Closing Date23 Aug 2024
Allotment DateAllotment Date26 Aug 2024
Issue SizeIssue Size₹24.07Cr
Quantity in 1 lotQuantity in 1 lot1600

Strength and risks

Strength

Strength

  • Long Standing Relationship with key Customers & Suppliers.

  • Quality Assurance.

  • Wide range of Products.

  • Experienced Promoters and professional management team with technical expertise.


Risk

Risk

  • 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.

Promoters Holding

Investors Holdings %
Nilesh Kumar Sharma55.7%
Madhu Sharma0.84%
Priti Sharma18.21%
Matashree Mercantile Pvt Ltd19.52%
Unity Vyapaar Pvt Ltd5.71%

About QVC Exports Ltd

OrganisationQVC Exports Ltd
HeadquartersKolkata
IndustryTrading

Frequently Asked Questions

  • What is the size of the QVC Exports Ltd IPO?

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

  • 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.

  • When will my QVC Exports Ltd IPO order be placed?

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

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

    The open and close dates of the QVC Exports Ltd IPO are 21 Aug 2024 to 23 Aug 2024.

  • What is the lot size and minimum order quantity of the QVC Exports Ltd IPO?

    The lot size and minimum order quantity of the QVC Exports Ltd IPO are 1600 and 1600 respectively.

  • 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.