Incorporated in 1990, Quality Foils (India) Limited is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible Hoses/pipes.
The company uses raw materials of premium quality i.e. Hot Rolled Stainless Steel Coils/Strips mainly from Jindal Stainless Hissar Limited, Hissar to produce its products.
Quality Foils is among India’s prospering manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible hose pipes. The entity has experience of over three decades in the manufacturing of stainless steel products.
The products of the company are categorized in two segments, which are:
- Cold Rolled Stainless Steel Coils/Strips;
- Stainless Steel Flexible Hose Pipes
The deliverables of Quality Foils (India) Limited are offered under the brand name “Quality”. The products of the company are further used in the manufacturing of SS Tube/Pipe, Utensils, Cutlery, Kitchen Sinks, Stainless Steel Flexible Hoses.
Further, these are used for Automobile components and Flexible Hose pipes for major applications such as high temp & medium pressure for Hydraulic Oil, Hot Water, Steam & Gas applications, chemical resistance, exhaust systems of steel, power, petrochemical, sugar, automobile, and many other heavy engineering sectors.
| Date | GMP | Kostak | Subject To Sauda | |
| 15 March 2023 | ₹15 | ₹- | ₹30000 | |
| 14 March 2023 | ₹15 | ₹- | ₹30000 | |
| 13 March 2023 | ₹10 | ₹- | ₹30000 | |
| 12 March 2023 | ₹10 | ₹- | ₹- | |
| 11 March 2023 | ₹10 | ₹- | ₹- |
Quality Foils (India) SME IPO Date & Price Band.
| IPO Open: | Mar 14, 2023 |
| IPO Close: | Mar 16, 2023 |
| IPO Size: | ₹4.52 Crores |
| Price Band: | ₹60 per share |
| Listing on: | NSE SME |
| Retail Portion: | 50% of the Net Issue |
| Equity: | 754,000 shares |
| Face Value: | ₹10 per share |
Quality Foils (India) SME IPO Market Lot
The Quality Foils (India) IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹120,000).
Shares: Minimum 2000 share
Minimum Amount: ₹120,000
Maximum Amount: ₹120,000
Quality Foils (India) SME IPO Allotment & Listing:
- Basis of Allotment: Mar 21, 2023
- Refunds: Mar 22, 2023
- Credit to Demat accounts: Mar 23, 2023
- Listing: Mar 24, 2023
Quality Foils (India) SME IPO Form
How to apply Quality Foils IPO? You can apply Quality Foils IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Quality Foils IPO in the Invest section. The other option you can apply Quality Foils IPO via IPO forms download via the NSE website. Check out the Quality Foils forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.