
Trading & Exports · NSE
QVC Exports Limited, established in August 2005, specializes in trading ferroalloys like silico manganese, ferro manganese, ferro chrome, and ferro silicon. The company focuses heavily on exports, generating 82.95% of its revenue from international sales as of March 2024. By January 2024, it had supplied products to countries including Taiwan, Japan, Bangladesh, Vietnam, and the UK. QVC Exports follows high-quality management standards with ISO certifications for quality, environment, and workplace safety. As of August 2024, the company operates with a small but efficient team of 15 employees.
Price Band
₹86
Issue Size
₹24.07 Cr
Lot Size
1600 shares
GMP
+105.8%
Est. Listing
₹177
at current GMP
Subscribed
508.12x
overall
Open
21 Aug 2024
Close
23 Aug 2024
Allotment
26 Aug 2024
Refund
27 Aug 2024
Demat Credit
28 Aug 2024
Listing
28 Aug 2024
Designated Registrar: Cameo Corporate Services Limited
Allotment Date
26 Aug 2024
Basis finalization
Refunds Initiate
27 Aug 2024
Mandate release
Demat Credit
28 Aug 2024
Shares in demat
Listing Debut
28 Aug 2024
Trading begins
QVC Exports Limited is bringing an initial public offering (IPO) in the Trading & Exports sector with an aggregate issue size of ₹24.07 Crores. The shares are offered at a price band of ₹86 to ₹86 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,37,600 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 Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-08-28, while un-allotted funds or UPI block mandates will be released on 2024-08-27.
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.