IPO

Quality Foils (India) Limited IPO

NSE SME

Listed On: Mar 24, 2023 at ₹ 100.0

₹ 120000 /2000 Shares

Check Allotment

Quality Foils (India) Limited IPO Details

14 Mar, 2023

Open Date

16 Mar, 2023

Close Date

21 Mar, 2023

Allotment Date

24 Mar, 2023

Listing Date

Issue Price

₹60 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

100.0

Listing Date

2023-03-24

Market Lot

2000 Shares (₹120,000/-)

Lead Manager

Khambatta Securities Limited

Issue Size

754,000 shares of ₹10(aggregating up to ₹4.52 Cr)

Retail Portion

N/A

Subscription

364.38 times

IPO Docs

DRHP RHP

Quality Foils (India) Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved358,000358,000716,000
Day 1 - 14-03-23 06:00 PM10.68 x7.97 x10.32 x
Day 2 - 15-03-23 06:00 PM54.04 x43.42 x49.73 x
Day 3 - 16-03-23 06:00 PM469.12 x259.65 x364.38 x

Quality Foils (India) Limited Valuations

Earnings Per Share (EPS)

₹7.71/-

P/E Ratio

N/A

RoNW

7.97%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Quality Foils (India) Limited Company Financials All values are in ₹ Lakh

30-Sept-2231-Mar-2231-Mar-2131-Mar-20
Assets7,135.217,834.556,536.536,606.53
Revenue10,471.5918,030.6312,436.6715,210.77
Profit After Tax205.99161.8895.86107.87

About The Company

Incorporated in 1990, Quality Foils (India) Limited is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible Hoses/pipes.

The company uses raw materials of premium quality i.e. Hot Rolled Stainless Steel Coils/Strips mainly from Jindal Stainless Hissar Limited, Hissar to produce its products.

Quality Foils is among India's prospering manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible hose pipes. The entity has experience of over three decades in the manufacturing of stainless steel products.

The deliverables of Quality Foils (India) Limited are offered under the brand name Quality. The products of the company are further used in the manufacturing of SS Tube/Pipe, Utensils, Cutlery, Kitchen Sinks, Stainless Steel Flexible Hoses.

Further, these are used for Automobile components and Flexible Hose pipes for major applications such as high temp & medium pressure for Hydraulic Oil, Hot Water, Steam & Gas applications, chemical resistance, exhaust systems of steel, power, petrochemical, sugar, automobile, and many other heavy engineering sectors.

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Quality Foils (India) Limited - Promoter(s)

Pre Issue Share Holding: 72.80%

Post Issue Share Holding: %

Company Promoter(s)

  1. Kuldip Bhargava
  2. Tejasvi Bhargava

Quality Foils (India) Limited IPO - Issue Objectives

  1. Funding capital expenditure requirements towards purchase of machinery
  2. To meet the working capital requirements of the Company
  3. General Corporate Purpose
  4. To meet the Issue Expenses

Quality Foils (India) Limited IPO - FAQs

Ans. Quality Foils (India) Limited IPO is a SME IPO. The issue is priced at ₹60 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Mar 14, 2023, and closes on Mar 16, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Quality Foils (India) Limited IPO opens on Mar 14, 2023 and closes on Mar 16, 2023.

Ans. The size of Quality Foils (India) Limited IPO is 754,000 shares of ₹10(aggregating up to ₹4.52 Cr).

Ans. The IPO price band is set between ₹60 per equity share.

Ans. To apply for Quality Foils (India) Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Quality Foils (India) Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Quality Foils (India) Limited IPO is Mar 21, 2023.

Ans. The Quality Foils (India) Limited IPO will be listed on Mar 24, 2023.

Ans. Follow the steps to check the allotment status for Quality Foils (India) Limited IPO here.