Quality RO Industries Limited IPO

BSE SME

Listed On: Feb 9, 2022 at ₹ 52.25

₹ 102000 /2000 Shares

Check Allotment

IPO Details

27 Jan, 2022

Open Date

01 Feb, 2022

Close Date

07 Feb, 2022

Allotment Date

09 Feb, 2022

Listing Date

Issue Price

₹51 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

52.25

Listing Date

2022-02-09

Market Lot

2000 Shares (₹102,000/-)

Lead Manager

Shreni Shares Private Limited

Issue Size

530,000 Eq Shares of ₹10(aggregating up to ₹2.70 Cr)

Retail Portion

N/A

Subscription

7.26 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	250,000	250,000	500,000
Day 1 - 27-02-22 05:30 PM	2.02 x	0.78 x	1.40 x
Day 2 - 28-02-22 05:00 PM	2.13 x	4.86 x	3.49 x
Day 3 - 31-02-22 05:00 PM	3.14 x	6.70 x	4.92 x
Day 4 - 01-02-22 05:00 PM	4.46 x	10.06 x	7.26 x

Valuations

Earnings Per Share (EPS)

₹0.21/-

P/E Ratio

245.46

RoNW

0.93%

Net Asset Value (NAV) - Post Issue

₹19.29/-

Company Financials All values are in ₹ Cr.

	30-Nov-21	31-Mar-21	31-Mar-20	31-Mar-19
Assets	2.50	1.84	1.89	1.84
Revenue	0.16	1.30	1.88	1.80
Profit After Tax	0.01	(0.06)	0.01	0.04

About The Company

Headquartered in Gujarat, Quality RO Industries is engaged in the following areas:
1.Manufacturing of water softener equipment,
2.Contract manufacturing,
3.Trading of RO equipment spares and associated products,
4.Contractual logistics to local infrastructure and manufacturing companies.
As of November 30, 2021, the company has an installed capacity of (i) 70,000 units for Filters, 17,000 units for RO Bowl, and 25,000 units for RO Housing. The company has 7 employees at the registered office including its directors.

- Promoter(s)

Pre Issue Share Holding: 84.00%

Post Issue Share Holding: 60.93%

Company Promoter(s)

Mr. Vivek Dholiya

IPO - Issue Objectives

To meet the capital expenditure requirements
Working capital requirements
General corporate purpose

IPO - FAQs

Ans. Quality RO Industries Limited IPO is a SME IPO. The issue is priced at ₹51 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jan 27, 2022, and closes on Feb 1, 2022. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Quality RO Industries Limited IPO opens on Jan 27, 2022 and closes on Feb 1, 2022.

Ans. The size of Quality RO Industries Limited IPO is 530,000 Eq Shares of ₹10(aggregating up to ₹2.70 Cr).

Ans. The IPO price band is set between ₹51 per equity share.

Ans. To apply for Quality RO Industries Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Quality RO Industries 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 RO Industries Limited IPO is Feb 7, 2022.

Ans. The Quality RO Industries Limited IPO will be listed on Feb 9, 2022.

Ans. Follow the steps to check the allotment status for Quality RO Industries Limited IPO here.