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
Overall Subscription
364.38x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 376,667 | — | 0.00x |
| Non-Institutional (NII / HNI) | 113,000 | — | 0.00x |
| Retail Individual (RII) | 263,667 | — | 0.00x |
| Total | 753,334 | 0 | 364.38x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 132 | 48,098 | 364.38x |
| HNIs (10L +) | 1 | 364 | 364.00x |
| HNIs (2-10L) | 4 | 1,458 | 364.50x |
| Total Applications | 137 | 49,920 | 364.38x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is Quality Foils (India) Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Quality Foils (India) Limited IPO is ₹35 per equity share. Based on the upper price band of ₹60 to ₹60 per equity share, the estimated listing price is ₹95 (+58.3% expected listing gain).
What is the expected profit per lot for Quality Foils (India) Limited IPO?
With a lot size of 2000 shares and current GMP of ₹35, the expected profit per application lot is approx ₹70,000 (+58.3% gain). Minimum application cost is approx ₹1,20,000.
What is the issue size and price band for Quality Foils (India) Limited IPO?
The Quality Foils (India) Limited IPO aggregate issue size is ₹4.52 Crores with an equity price band set at ₹60 to ₹60 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,20,000.
How can I check Quality Foils (India) Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 364.38x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Quality Foils (India) Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-03-21. Investors can verify status using PAN card or application number.
When is the listing date for Quality Foils (India) Limited IPO?
Quality Foils (India) Limited shares are scheduled to list on NSE on 2023-03-24.