Issue Price
₹51
Per Share
GMP
NIL
Grey Market
Est. Listing
₹51
Expected Price
Min. Application
₹204,000
2 lots × 2000 shares
Headquartered in Gujarat, Quality RO Industries is engaged in the following areas:Manufacturing of water softener equipment,Contract manufacturing,Trading of RO equipment spares and associated products,Contractual logistics to local infrastructure and manufacturing companies.As of November 30, 2021, the company has an installed capacity of (i) 70,000 units for Filters, 17,000 units for RO Bowl, and 25,000 units for RO Housing. The company has 7 employees at the registered office including its directors.Competitive Strengths:Experienced management and dedicated employee baseRepeat orders for satisfied customersStrong relationships with suppliers, ensuring quality and timely supplies of raw materialsCost-effective production and timely fulfilment of orders
Quality RO Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 30,000 | — | ₹0.15 Cr | — |
| TOTAL | 530,000 | 100.00% | ₹2.70 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹102,000 |
| Retail (Max) | 13 | 26,000 | ₹1,326,000 |
| sNII (Min) | 14 | 28,000 | ₹1,428,000 |
| bNII (Min) | 68 | 136,000 | ₹6,936,000 |
| Particulars | 30-Nov-21 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 0.17 | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 0.01 | N/A | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 2.50 | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |