
Consumer Durables · BSE
Quality RO Industries, headquartered in Gujarat, is engaged in manufacturing water softener equipment, contract manufacturing, trading RO equipment spares, and providing contractual logistics to local infrastructure and manufacturing companies. As of November 30, 2021, the company has an installed capacity of 70,000 units for filters, 17,000 units for RO bowls, and 25,000 units for RO housing, and operates with a team of 7 employees at its registered office, including its directors.
Price Band
₹51
Issue Size
₹2.70 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹51
at current GMP
Subscribed
—
Open
27 Jan 2022
Close
1 Feb 2022
Allotment
4 Feb 2022
Refund
5 Feb 2022
Demat Credit
6 Feb 2022
Listing
9 Feb 2022
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
4 Feb 2022
Basis finalization
Refunds Initiate
5 Feb 2022
Mandate release
Demat Credit
6 Feb 2022
Shares in demat
Listing Debut
9 Feb 2022
Trading begins
Quality RO Industries Limited is bringing an initial public offering (IPO) in the Consumer Durables sector with an aggregate issue size of ₹2.7 Crores. The shares are offered at a price band of ₹51 to ₹51 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,02,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-02-06, while un-allotted funds or UPI block mandates will be released on 2022-02-05.
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.
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.