Quality Foils IPO GMP, Date, Price, Review, Allotment 2023 – IPO Watch
Written by Lucky Wilson | KGTO Writer on March 6, 2023
Quality Foils IPO Details: Quality Foils IPO date is fixed, The IPO will open on March 14 and will close on March 16, 2023. Quality Foils is an NSE SME IPO to raise ₹4.52 crores via IPO. The Quality Foils IPO price band is fixed at ₹60 with a market lot of 2000 shares.
Quality Foils (India) Limited is a manufacturer of Stainless Steel Strips, Foils, Coils, Tubes & pipes in India. The plant was set up in 1982 in Hisar, Haryana. They become a leader in manufacturing high precision Stainless Steel Strips and Coils. They are selling their products under brand name “Quality”.
They are one of the major suppliers of raw materials for the S S Tube / Pipe Manufacturing Industry in India. They also cater to the manufacturer’s requirement of Utensils, Cutlery, Kitchenware, Kitchen Singks, SS Flexible Hoses, Automobile Components, etc. They export their products to Europe, the USA, and South East African Countries.
Objects of the Issue:
- Funding capital expenditure requirements towards purchase of machinery.
- To meet the working capital requirements of the Company.
- General Corporate Purpose.
- To meet the Issue Expenses.
Quality Foils IPO Review
| Date | GMP | Kostak | Subject to |
| 6 March | ₹- | ₹- | ₹- |
Quality Foils IPO Date & Price Band Details
| IPO Open: | March 14, 2023 |
| IPO Close: | March 16, 2023 |
| IPO Size: | Approx ₹4.52 Crores, 754,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹60 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Quality Foils IPO Market Lot
The Quality Foils IPO minimum market lot is 2000 shares with a ₹120,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹120,000 |
| Retail Maximum | 1 | 2000 | ₹120,000 |
| S-HNI Minimum | 2 | 4000 | ₹240,000 |
Quality Foils IPO Dates
The Quality Foils IPO date is March 14 and the IPO close date is March 16. The IPO allotment date is March 21 and the IPO might list on March 24.
| IPO Open Date: | March 14, 2023 |
| IPO Close Date: | March 16, 2023 |
| Basis of Allotment: | March 21, 2023 |
| Refunds: | March 22, 2023 |
| Credit to Demat Account: | March 23, 2023 |
| IPO Listing Date: | March 24, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Quality Foils IPO Form
How to apply Quality Foils IPO? You can apply Quality Foils IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Quality Foils IPO in the Invest section. The other option you can apply Quality Foils IPO via IPO forms download via the NSE website. Check out the Quality Foils forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Quality Foils Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹152 | ₹151 | ₹1.08 |
| 2021 | ₹124 | ₹123 | ₹0.96 |
| 2022 | ₹180 | ₹178 | ₹1.62 |
| 2023 6M | ₹105 | ₹103 | ₹2.06 |
Quality Foils IPO Valuation – FY2022
Check Quality Foils IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹7.71 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 7.97% |
| Net Asset Value (NAV): | ₹1450.91 per Equity Share |
Peer Group
- Mr. Kuldip Bhargava
- Mr. Tejasvi Bhargava
Quality Foils IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Quality Foils IPO Allotment Status
Check Quality Foils IPO allotment status on Bigshare website URL. Click Here
Quality Foils IPO Lead Managers
- Khambatta Securities Limited
Company Address
Quality Foils (India) Limited
3, Industrial Development Colony,
Hisar,
Haryana-125005
Phone: 01662-220327, 28
Email: [email protected]
Website: http://www.qualitygroup.in/
Quality Foils IPO FAQs
What is Quality Foils IPO?
Quality Foils IPO is an NSE SME IPO. They are going to raise ₹4.52 Crores via IPO. The issue is priced at ₹60 per equity share. The IPO is to be listed on NSE.
When Quality Foils IPO will open?
The IPO is to open on March 14, 2023 for NII, and Retail Investors.
What is Quality Foils IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Quality Foils IPO?
You can apply Quality Foils IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Quality Foils IPO through Zerodha?
How to Apply the Quality Foils IPO through Upstox?
How to Apply the Quality Foils IPO through Paytm Money?
What is Quality Foils IPO Size?
Quality Foils IPO size is ₹4.52 crores.
What is Quality Foils IPO Price Band?
Quality Foils IPO Price Band is ₹60 per equity share.
What is Quality Foils IPO Minimum and Maximum Lot Size?
The IPO bid is 2000 shares with ₹120,000.
What is Quality Foils IPO Allotment Date?
Quality Foils IPO allotment date is March 21, 2023.
What is Quality Foils IPO Listing Date?
Quality Foils IPO listing date is March 24, 2023. The IPO to list on NSE SME.
Note: The Quality Foils IPO details are announced officially. The IPO grey market premium (Quality Foils IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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