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QE

QVC Exports IPO

Listed SME NSE SME · Ferro & Silica Manganese

Price Band

₹

Issue Size

₹24.07 Cr

Lot Size

1,600 shares

Min Investment

₹137,600

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹91.0 (105.81%)

Issue Price

₹86.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹110700

Paid only if allotted

QVC Exports IPO AI Summary

  • QVC Exports IPO is listed on NSE SME in the Ferro & Silica Manganese sector.
  • Subscription window: 21 Aug–23 Aug 2024, listing on 28 Aug 2024.
  • Current GMP is +₹91.0 (105.81%) — unofficial and can change daily.

QVC Exports Limited is an SME engaged in the export of ferroalloys, demonstrating significant revenue and profit growth in recent years. The IPO aims to raise funds for loan repayment and working capital, with a strong GMP indicating positive market sentiment.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

QVC Exports IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 23 Aug 2024 — not a current signal.

May Apply 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Wed, 21 Aug 2024
IPO Close Date
Fri, 23 Aug 2024
Allotment Date
Mon, 26 Aug 2024
Refund Initiation
Tue, 27 Aug 2024
Credit of Shares
Tue, 27 Aug 2024
Listing Date
Wed, 28 Aug 2024
Listing Price
₹177.0 +105.81%

Subscription Status

Subscription data unavailable

QVC Exports IPO Grey Market Premium (GMP) Today

GMP

+₹91.0

GMP %

+105.81%

Est. Listing

₹177.0

Updated: 25 Jul 2026 14:04

About the Company

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.

Company Financials (₹ Cr)

As of 2024-03-31

Period Ended 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 93.86 64.90 54.61
Total Income 454.63 214.71 127.83
Profit After Tax 3.93 1.71 0.91
NET Worth 34.08 28.03 26.68
Reserves and Surplus 25.68 23.83 22.09
Total Borrowing 49.82 32.28 21.59

Key Ratios

EPS

₹4.67

NAV

₹40.56

ROE

7.20%

ROCE

34.22%

RoNW

17.75%

P/B Value

2.12

P/E Ratio

18.4

Market Cap

₹89.88 Cr

PAT Margin

1.33%

Debt/Equity

1.46

Promoters

Nilesh Kumar Sharma, Madhu Sharma, Priti Sharma, Matashree Mercantile Pvt.Ltd. and Unity Vyapaar Pvt.Ltd.

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 To repay the unsecured loans taken by the Company 1.09 2 To meet working capital requirement 9.00 3 General Corporate Purposes 4.74

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income increased from ₹127.83 Cr in the year ending 31 Mar 2022 to ₹214.71 Cr by 31 Mar 2023, and further rose to ₹454.63 Cr by 31 Mar 2024. This demonstrates a strong upward trend in revenue over the three periods.

Profit Trend

Profit After Tax (PAT) improved from ₹0.91 Cr in the year ending 31 Mar 2022 to ₹1.71 Cr by 31 Mar 2023, and then to ₹3.93 Cr by 31 Mar 2024. This consistent growth in profit indicates a positive trajectory in the company's profitability.

Grey Market Premium, Explained

The Grey Market Premium (GMP) is an indicator of the demand for an IPO before it officially lists on the stock exchange. A positive GMP suggests that the IPO is expected to list at a higher price than its issue price, reflecting strong investor interest.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's growth potential and market conditions.

Who May Want to Wait

Investors who prefer stable and established companies with predictable earnings may want to avoid this IPO, as it operates in a sector that can be subject to market fluctuations and uncertainties.

IPO Timeline, Explained

The IPO opens for subscription on August 21, 2024, and closes on August 23, 2024. Allotment of shares will be done on August 26, 2024, followed by the listing on the stock exchange on August 28, 2024.

Listing Gains — The Risk

Listing gains are the profits made by investors when they sell their shares on the first day of trading, often influenced by market demand and investor sentiment. However, these gains are not guaranteed and can vary significantly based on market conditions.

This evaluation is generated from QVC Exports's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is QVC Exports IPO GMP today?

QVC Exports IPO GMP today is +₹91.0 (105.81%). GMP is an unofficial grey-market indicator and can change daily.

When does QVC Exports IPO open and close?

QVC Exports IPO opens on 21 August 2024 and closes on 23 August 2024.

When does QVC Exports IPO list on the stock exchange?

QVC Exports IPO listed on 28 August 2024 at ₹177.0.

What is the lot size for QVC Exports IPO?

The lot size for QVC Exports IPO is 1600 shares, requiring a minimum investment of ₹137,600.

What is the lot size for this IPO?

The lot size for QVC Exports IPO is 1600 shares.

What is the minimum investment required?

The minimum investment required for this IPO is ₹137,600.

What is the issue price of the IPO?

The issue price of QVC Exports IPO is ₹86.0 per share.

When is the listing date for this IPO?

The listing date for QVC Exports is August 28, 2024.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected price movement of an IPO before it officially lists.

Issue Details

Issue Type SME Book Built
Issue Size ₹24.07 Cr
Price Band ₹ (Fixed)
Issue Price ₹86.0
Lot Size 1,600 shares
Min Investment ₹137,600
Exchange NSE SME
Sector Ferro & Silica Manganese
Open Date 21 Aug 2024
Close Date 23 Aug 2024
Allotment 26 Aug 2024
Listing Date 28 Aug 2024

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Cameo Corporate Services Ltd.

Lead Managers / Book Running

Khandwala Securities Ltd.

IPO Timeline

Open

21 Aug 2024

Close

23 Aug 2024

Allotment

26 Aug 2024

Listing

28 Aug 2024

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