IPO Issue Details
Issue Price / Price Band₹86 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size27,98,400 shares (aggregating up to ₹24.07 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 21 Aug 2024
Subscription CloseFri, 23 Aug 2024
Anchor AllotmentTue, 20 Aug 2024
Basis of AllotmentMon, 26 Aug 2024
Initiation of RefundsTue, 27 Aug 2024
Credit of Shares to DematTue, 27 Aug 2024
Listing DateWed, 28 Aug 2024
UPI Mandate Deadline2024-08-23
Application & Investment Details
Retail — Min (1 Lots)₹1,37,600 — 1,600 shares
Retail — Max (13 Lots)₹1,788,800 (13 Lots)
HNI — Min (2 Lots)₹2,75,200 — 3,200 shares
EPS (Pre-IPO)₹4.67
EPS (Post-IPO)₹3.76
P/E Ratio (Pre-IPO)18.4x
P/E Ratio (Post-IPO)22.89x
Net Offer to Public26,57,600 shares (aggregating up to ₹22.86 Cr)
Reserved for Market Maker1,40,800 shares (aggregating up to ₹1.21 Cr)
Pre-IPO Promoter Holding84,01,692 shares
Post-IPO Promoter Holding1,04,51,692 shares
Fresh Issue Shares19,08,800 shares (aggregating up to ₹16.42 Cr)
Offer for Sale Shares7,48,800 shares of ₹10 (aggregating up to ₹6.44 Cr)
About ipo@cameoindia.com
Aftertrade Broking Pvt.LtdFounded 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.
Objects of the Issue
ipo@cameoindia.com proposes to utilise the net proceeds from the Issue for the following objects:
1
To repay the unsecured loans taken by the Company
2
To meet working capital requirement
3
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
84,01,692 shares
Post-IPO Promoter Holding
1,04,51,692 shares