Quality RO Industries IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Quality RO Industries
- Important Details – Quality RO Industries
- Objects of the Issue
- Quality RO Industries Limited Financials:
- Quality RO Industries IPO Price – Details
- Quality RO IPO DRHP & RHP
- Quality RO IPO Lot Size
- Quality RO Industries IPO Lead Managers
- Quality RO IPO Registrar
- Quality RO IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Promoters
- Quality RO Industries IPO – FAQS
About Quality RO Industries
The company is engaged in the business of manufacturing, marketing and supplying components for water purifiers and softener equipment. These water purifiers parts have been designed to make a proper fitting for RO Plants and Systems of different varieties, as Quality RO produce strictly according to industry standards.
Quality RO engaged in the business of supplying of various water treatment products as well as logistics services. As a supplier, Quality RO procure polypropylene raw materials and manufacture various types of softener equipment such as filter parts, premium filter cartridges, taps, membrane housing and also engage in contractual manufacturing for the water treatment industry. The company also make sales through online platforms. In addition, Quality RO are also engage in providing logistics services on a contractual basis to a few local infrastructure companies.
The Company is engaged in 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
Important Details – Quality RO Industries
| Date | Details |
|---|---|
| September 30, 2021 | The company was originally incorporated as “Quality RO Industries Private Limited” |
| November 02, 2021 | Subsequently, the company has acquired the entire running business with the assets and liabilities of M/s Quality RO Products, sole proprietorship concern of the Promoter Mr. Vivek Dholiya vide Business Transfer Agreement |
| November 29, 2021 | The company was converted into Public Limited Company and consequently name of the company was changed from “Quality RO Industries Private Limited” to “Quality RO Industries Limited” |
Objects of the Issue
- To Meet the Capital Expenditure Requirements
- To Meet the Incremental Working Capital Requirements
- General Corporate Purpose
- Public Issue Expenses
Quality RO Industries Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) |
|---|---|
| 30-Nov-21 | |
| Total Assets | 250.21 |
| Total income | 16.78 |
| Total Expenses | 14.82 |
| Profit After Tax | 1.47 |
Quality RO Industries IPO Price – Details
| Details | QRIL IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 5,30,000 equity shares of ₹ 1 (aggregating up to ₹ 270.30 Lakhs) |
| Issue Open Date | 27-Jan-22 |
| Issue Close Date | 01-Feb-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 51 |
| Face Value | ₹ 10 |
| Market Lot | 2000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 2000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | QRIL |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Quality RO IPO DRHP & RHP
Quality RO IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 2000 | ₹ 1,02,000 |
| Maximum | 1 | 2000 | ₹ 1,02,000 |
Quality RO Industries IPO Lead Managers
- Shreni Shares Private Ltd
Quality RO IPO Registrar
- Skyline Financial Services Pvt. Limited
Quality RO IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 27-Jan-22 |
| Bid / Offer Closes on | 01-Feb-22 |
| Finalisation of Basis of Allotment | 04-Feb-22 |
| Initiation of refunds | 07-Feb-22 |
| Credit of the Equity Shares | 08-Feb-22 |
| Listing Date | 09-Feb-22 |
Company Peers – Comparison of Accounting Ratios
There are no listed Companies in India which are engaged in manufacturing of RO Products. Further there are no listed entities which are focused exclusively on the segment in which RO operate
Company Registered Office
Plot No. 09, POR Industrial Park,
NH 08 Behind Sahayog Hotel,
Village POR, Vadodara-391243,
Gujarat, India.
Website: www.qualityro.in
Company Promoters
- Mr. Vivek Dholiya
Quality RO Industries IPO – FAQS
What is the Quality RO Industries IPO Price?
The Quality RO Industries IPO price band is 51 per share
When Quality RO Industries IPO will open?
The Quality RO Industries IPO opens on Jan 27, 2022 and closes on Feb 01, 2022
What is the lot size of Quality RO Industries IPO?
The Quality RO Industries IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares
Who is the Registrar for Quality RO Industries IPO?
The Registrar for Quality RO Industries IPO is Skyline Financial Services Private Limited
How to apply in Quality RO Industries IPO through UPI?
Check the step by step process here – Click here
How to apply in Quality RO Industries IPO through Zerodha?
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