Quality Foils (India) Limited
ListedSMEManufacturing · NSE
Incorporated in 1990, Quality Foils (India) Limited is a leading manufacturer and exporter of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/Pipes. Using premium-grade raw materials primarily sourced from Jindal Stainless Hissar Limited, the company has over three decades of experience in producing high-quality stainless steel products under the brand name “Quality.” Its offerings are divided into two key segments — Cold Rolled Stainless Steel Coils/Strips and Stainless Steel Flexible Hose Pipes — which are used in diverse applications such as SS tubes, kitchenware, cutlery, and automotive components. These products cater to industries including steel, petrochemical, automobile, power, and heavy engineering for applications like hydraulic oil, steam, hot water, and gas systems.
Price Band
₹60
Issue Size
₹4.52 Cr
Lot Size
2000 shares
GMP
₹35
+58.3%
Est. Listing
₹95
at current GMP
Subscribed
364.38x
overall
Open
14 Mar 2023
Close
16 Mar 2023
Allotment
21 Mar 2023
Refund
22 Mar 2023
Demat Credit
23 Mar 2023
Listing
24 Mar 2023
Last updated 12 days ago
Official Registrar Verification
Quality Foils (India) Limited Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
21 Mar 2023
Basis finalization
Refunds Initiate
22 Mar 2023
Mandate release
Demat Credit
23 Mar 2023
Shares in demat
Listing Debut
24 Mar 2023
Trading begins
How to Check Quality Foils (India) Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select Quality Foils (India) Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Quality Foils (India) Limited Public Issue & Market Profile
Quality Foils (India) Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹4.52 Crores. The shares are offered at a price band of ₹60 to ₹60 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2023-03-16, the basis of allotment is scheduled to be finalized on 2023-03-21. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.