QVC Exports Limited

Company Profile
Company Name QVC Exports Limited
Open Date 21-08-2024
Close Date 23-08-2024
Exchange NSE SME
Lot Size 1600 Shares
Issue Price ₹86 per share
Issue Size 27,98,400 shares
Application Amount ₹1,37,600
Recommendation Avoid
QVC Exports Limited was originally formed and incorporated on August 09, 2005. The registered office is located at Kolkata, West Bengal. The Company is majorly engaged in the business of export, dealing in ferro alloys, including high carbon silico manganese, low carbon silico manganese, high carbon ferro manganese, high carbon ferro chrome and ferro silicon. They also engage in the dealing of raw materials for manufacturing of steel. The company had 15 permanent employees as of August 06, 2024.
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Financial Summary in Lakhs

KPI’s FY 22 FY 23 FY 24
Revenue 12,310.14 20,724.19 44,598.65
EBITDA -238.34 -305.76 207.39
Net Profit 123.45 230.32 604.92
RoCE -8.75% -9.55% 4.94%
ROE 4.63% 8.22% 17.75%
P/E 64.18 31.39 11.94

Tentative Timeline

Opening Date 21-08-2024
Closing Date 23-08-2024
Basis of Allotment 26-08-2024
Initiation of Refunds 27-08-2024
Credit of Shares to Demat 27-08-2024
Listing Date 28-08-2024

Objects of the Issue

Repayment of Unsecured loans
Funding of working capital requirements
General Corporate Purposes

Contact Information

Registered Office QVC Exports Limited 6 th Floor, South City Business Park 770 EM Bypass, Anandapur, Adarsha Nagar, E.K.T, Kolkata- 700107
Phone +91 3324197677
Email office@qvcgroup.com
Website http://www.qvcgroup.com/

Registrar Details

Name Cameo Corporate Services Limited
Phone +91-44-28460390
Email ipo@cameoindia.com
Website https://ipo.cameoindia.com/

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 140,800 (5.03%)
Other Shares Offered 1,328,000 (47.46%)
Retail Shares Offered 1,329,600 (47.51%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 99.99%
Share Holding Post Issue (Promoters) 80.39%

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