Quality Foils (India) IPO Details

Quality Foils IPO subscription is to open on Mar 14, 2023 and will close on Mar 16, 2023, the price band of the Quality Foils IPO is fixed at ₹ 60. Quality Foils (India) Limited is manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible Hoses/pipes.

Quality Foils IPO

About Quality Foils

Quality Foils (India) Limited is manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible Hoses/pipes. The company use raw material of premium quality i.e. Hot Rolled Stainless Steel Coils/Strips mainly from Jindal Stainless Hissar Limited, Hissar. Quality Foils (India) sourced the more than 95% of raw material consumed from Jindal Stainless Hissar Limited in last three financial years.

The company is one of the growing manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible hose pipes in India having over thirty years of experience in the manufacturing of stainless-steel products in two broad categories:

i. Cold Rolled Stainless Steel Coils/Strips;
ii. Stainless Steel Flexible Hose Pipes

Objects of the Issue

  • Funding capital expenditure requirements towards purchase of machinery
  • To meet the working capital requirements of the Company;
  • General Corporate Purpose; and
  • To meet the Issue Expenses

Quality Foils Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakhs)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Assets 7,834.55 6,536.53 6,606.53
Total income 18,030.63 12,436.67 15,210.77
Total Expenses 17,808.98 12,304.18 15,079.18
Profit After Tax 161.88 95.86 107.87

Quality Foils IPO Price – Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto 7,54,000 Equity Shares of ₹ 10 (aggregating up to ₹ 452.40 Lakhs)
Issue Open Date14-Mar-23
Issue Close Date16-Mar-23
Issue TypeFixed Price
IPO Price Band₹ 60
Face Value₹ 10
Market Lot2000 Equity Shares and in multiples thereof
Minimum Order Quantity2000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
ListingNSE SME
NSE SymbolQFIL
IPO Market Timings10.00 a.m. to 5.00 p.m.

Quality Foils IPO DRHP & RHP

Quality Foils IPO DRHP
Quality Foils IPO RHP

Quality Foils IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000₹ 1,20,000
Maximum12000₹ 1,20,000

Quality Foils IPO Lead Managers

  • Khambatta Securities Limited

Quality Foils IPO Registrar

Quality Foils (India) IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on14-Mar-23
Bid / Offer Closes on16-Mar-23
Finalisation of Basis of Allotment21-Mar-23
Initiation of refunds22-Mar-23
Credit of the Equity Shares23-Mar-23
Listing Date24-Mar-23

Company Registered Office

3, Industrial Development Colony,
Hisar,
Haryana-125005, India
Website: www.qualitygroup.in

Company Promoters

  • Mr. Kuldip Bhargava
  • Mr. Tejasvi Bhargava

Quality Foils IPO – FAQS

What is the Quality Foils IPO Price?

The Quality Foils IPO price band is Rs.60 per share

When Quality Foils IPO will open?

The Quality Foils IPO opens on Mar 14, 2023 and closes on Mar 16, 2023

What is the lot size of Quality Foils IPO?

The Quality Foils IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares

Who is the Registrar for Quality Foils IPO?

The Registrar for Quality Foils IPO is Bigshare Services Private Limited

How to apply in Quality Foils IPO through UPI?

Check the step by step process here – Click here

How to apply in Quality Foils IPO through Zerodha?

Check the step by step process here – Click here

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