QVC Exports Limited IPO

Founded in August 2005, QVC Exports Limited is involved in the trade of ferroalloys, such as high-carbon silico manganese, low-carbon silico manganese, high-carbon ferro manganese, high-carbon ferro chrome, and ferro silicon.

As of March 31, 2024, 82.95% of the company’s revenue was generated from its export operations.

As of January 31, 2024, the company has exported its products to various countries, including but not limited to Taiwan, Japan, Bangladesh, Vietnam, Thailand, Turkey, Afghanistan, Korea, Italy, Ukraine, United Kingdom, Belgium, and Oman.

The company complies with management system standards as set out in ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.

As of August 6, 2024, the company has 15 employees on its payroll.

QVC Exports Limited Financial Information (Restated Consolidated)

QVC Exports Limited’s revenue increased by 112% and profit after tax (PAT) rose by 129% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets9,386.236,489.815,461.44
Revenue45,462.6821,471.1412,782.5
Profit After Tax392.76171.4890.54
Net Worth3,407.92,802.992,668.09
Reserves and Surplus2,567.732,382.912,208.79
Total Borrowing4,981.733,227.572,159.43
Amount in ₹ Lakhs

Key Performance Indicator

KPI as of March 31, 2024.

KPIValues
ROE7.20%
ROCE34.22%
Debt/Equity1.46
RoNW17.75%
PAT Margin (%)1.33

Objects of the Issue (QVC Exports IPO Objectives)

The Objects of the Issue are:

To repay the unsecured loans taken by the Company

To meet working capital requirement

General Corporate Purposes

QVC Exports IPO Details

IPO Date August 21, 2024 to August 23, 2024
Listing Date [.]
Face Value ₹10 per share
Price ₹86 per share
Lot Size 1600 Shares
Total Issue Size 2,798,400 shares (aggregating up to ₹24.07 Cr)
Fresh Issue 2,049,600 shares (aggregating up to ₹17.63 Cr)
Offer for Sale 748,800 shares of ₹10 (aggregating up to ₹6.44 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue 8,401,692
Share holding post issue 10,451,692
Market Maker portion 140,800 shares

QVC Exports IPO Promoter Holding

The Promoters of the company are Nilesh Kumar Sharma, Madhu Sharma, Priti Sharma, Matashree Mercantile Private Limited and Unity Vyapaar Private Limited.

Share Holding Pre Issue 99.98%
Share Holding Post Issue 73.22%

SHARIAH SCREENING for - QVC Exports Limited IPO

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BUSINESS SCREEN

FINANCIAL RATIOS

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