Quality Foils (India) SME IPO Date, GMP, Price, Review, Allotment

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:

1. Cold Rolled Stainless Steel Coils/Strips;
2. 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.

Quality Foils (India) SME Company Financial Report

Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-20	6,606.53	15,210.77	107.87
31-Mar-21	6,536.53	12,436.67	95.86
31-Mar-22	7,834.55	18,030.63	161.88

Quality Foils (India) SME IPO Valuation – FY2023

Earning Per Share (EPS):	₹7.71 per Equity Share
Price/Earning P/E Ratio:	NA
Return on Net Worth (RoNW):	7.97%
Net Asset Value (NAV):	₹1450.91 per Equity Share

Peer Group

• NA

Company Promoters

• Mr. Kuldip Bhargava
• Mr. Tejasvi Bhargava

Quality Foils (India) SME IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Company Address

Quality Foils (India) Limited
3, Industrial Development Colony,
Hisar,
Haryana-125005
Phone: 01662-220327, 28
Email: cs@qualityfoils.com
Website: http://www.qualitygroup.in/

Quick Links:

Quality Foils (India) IPO DRHP

Quality Foils (India) IPO RHP

About Quality Foils (India) SME IPO

Quality Foils (India) IPO opens on Mar 14, 2023, and closes on Mar 16, 2023. The Quality Foils (India) IPO bid date is from Mar 14, 2023 10.00 A.M. to Mar 16, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Read Also
Quality Foils (India) SME Allotment Status
Quality Foils (India) SME IPO Listing Date Quality Foils (India) SME IPO Subscription (Live)

Objects of the Issue:

• Financing the expenditure for opening new stores.
• To repay of short term borrowings.
• To meet Working Capital requirements.
• General Corporate Purpose.
• To meet issue expenses

Quality Foils (India) SME IPO FAQs