Quality RO Industries IPO Details

Quality RO Industries IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

GMP

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: –

  1. Manufacturing of Water softener equipment
  2. Contract Manufacturing
  3. Trading of RO equipment spares and associated products
  4. Contractual Logistics to local infrastructure and manufacturing companies

Important Details – Quality RO Industries

DateDetails
September 30, 2021The company was originally incorporated as “Quality RO Industries Private Limited”
November 02, 2021Subsequently, 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, 2021The 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

DetailsQRIL IPO Details
Public IssueInitial Public Issue of upto 5,30,000 equity shares of ₹ 1 (aggregating up to ₹ 270.30 Lakhs)
Issue Open  Date27-Jan-22
Issue Close Date01-Feb-22
Issue TypeFixed 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 InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolQRIL
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Quality RO IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000₹ 1,02,000
Maximum12000₹ 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

DetailsDate
Bid / Offer Opens on27-Jan-22
Bid / Offer Closes on01-Feb-22
Finalisation of Basis of Allotment04-Feb-22
Initiation of refunds 07-Feb-22
Credit of the Equity Shares08-Feb-22
Listing Date09-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?

Check the step by step process here – Click here

Follow us on Telegram for all the latest updates

Leave a Comment