
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
Overall Subscription
508.12x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
596.71x
High Net-Worth
Retail (RII)
419.53x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,328,000 | 792,430,400 | 596.71x |
| RETAIL | 1,328,000 | 557,134,400 | 419.53x |
| Total | 2,656,000 | 1,349,564,800 | 508.12x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 612 | 256,752 | 419.53x |
| HNIs (10L +) | 4 | 2,387 | 596.71x |
| HNIs (2-10L) | 19 | 11,337 | 596.71x |
| Total Applications | 635 | 270,476 | 425.95x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for QVC Exports Limited IPO is ₹91 per equity share. Based on the upper price band of ₹86 to ₹86 per equity share, the estimated listing price is ₹177 (+105.8% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹91, the expected profit per application lot is approx ₹1,45,600 (+105.8% gain). Minimum application cost is approx ₹1,37,600.
The QVC Exports Limited IPO aggregate issue size is ₹24.07 Crores with an equity price band set at ₹86 to ₹86 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,37,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 508.12x (Retail: 419.53x, QIB: 0.00x, NII: 596.71x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2024-08-26. Investors can verify status using PAN card or application number.
QVC Exports Limited shares are scheduled to list on NSE on 2024-08-28.