QVC Exports Limited, a name synonymous with high-quality ferroalloys, is gearing up to go public with its much-anticipated IPO. The company has established itself as a prominent player in the export industry. It is now offering investors the opportunity to be part of its growth journey.
The QVC Exports Limited IPO is set to launch on 21st August 2024, with a closing date of 23rd August 2024. In this blog, we will provide a comprehensive overview of the recently listed IPO, company details, and why this might be an intriguing opportunity for investors.
Founded in 2005, QVC Exports Limited has carved a niche for itself in the global ferroalloys market. This includes high-carbon silico manganese, low-carbon silico manganese, etc, as well as raw materials essential for steel manufacturing.
It has become a preferred supplier for many international clients from countries including Taiwan, Japan, and the United Kingdom. QVC Exports Limited reported revenue of ₹445.98 crore, EBITDA of ₹10.71 crore, and net profit of ₹6.04 crore in FY24.
The QVC Exports Limited IPO aims to raise capital to fuel the company's expansion plans, repay certain debts, and support general corporate purposes. The IPO is classified as an SME (Small and Medium Enterprise) IPO, reflecting the company's standing in the industry.
Below are the key details of the IPO:
| Key details | Important information |
| QVC Exports Limited IPO open date | 21st August 2024 |
| QVC Exports Limited IPO close date | 23rd August 2024 |
| Face value | ₹10 per equity share |
| IPO price band | ₹86 per equity share |
| Market lot | 1,600 shares |
| Minimum order quantity | 2,000 shares |
| Listing at | NSE SME |
| Total issue size | ₹24.07 crore (Approx.) |
| Fresh issue | ₹17.63 crore (Approx.) |
| Offer for Sale (OFS) | ₹6.44 crore (Approx.) |
The proceeds from the recently listed IPO of QVC Exports Limited are earmarked for several strategic initiatives aimed at accelerating the company’s growth trajectory. These include:
The Grey Market Premium (GMP) for QVC Exports Limited IPO is generating considerable interest among investors. The company's shares are trading at a solid premium in the unlisted market ahead of the IPO, valued at ₹136 apiece in the grey market. This represents a 58.14% premium over the IPO price of ₹86 per share. The market capitalisation of QVC Exports IPO is ₹89.88 Cr.
Knowing about the QVC Exports Limited IPO date is crucial for investors planning to participate. Below is a table outlining the key dates and milestones of QVC Exports Limited's upcoming IPO:
| Event | Date of event |
| QVC Exports Limited IPO Open Date | 21st August 2024 |
| QVC Exports Limited IPO Close Date | 23rd August 2024 |
| QVC Exports Limited IPO Allotment Date | 26th August 2024 |
| QVC Exports Limited IPO Listing Date | 28th August 2024 |
The table below outlines the minimum and maximum investment in terms of shares and monetary value for retail investors and HNIs.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹1,37,600 (Approx.) |
| Retail (Max) | 1 | 1600 | ₹1,37,600 (Approx.) |
| HNI (Min) | 2 | 3,200 | ₹2,75,200 (Approx.) |
Risks and considerations
You can easily apply for an IPO online to diversify your portfolio. While the QVC Exports Limited IPO offers a compelling investment opportunity, potential investors should also be aware of the risks associated with the SME IPO segment.
These include fluctuations in raw material prices, currency exchange risks due to the company's export-driven business, and the competitive nature of the global ferroalloy industry. Additionally, the company’s ability to effectively manage its expanded production capacity will be crucial to sustaining its growth momentum.
Looking at upcoming IPOs can help one plan for one's financial future. The QVC Exports Limited IPO offers investors a chance to participate in the growth story of a well-established SME in its sector.
With a strong market position, robust financials, and strategic plans for expansion, QVC Exports Limited is positioned for success. However, as with any investment, it is essential to carefully consider the associated risks and conduct thorough research before making a decision. The QVC Exports Limited IPO is one of the upcoming IPOs that could be a valuable addition to your portfolio.
For android only