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QVC Exports IPO-Complete Overview

Explore QVC Exports IPO Complete Analysis A complete review of valuation, opening date & GMP. Get insights to make informed investment decisions

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QVC Exports IPO-Complete Overview

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  1. QVC Exports IPO-Complete Overview QVC Exports IPO is an SME IPO aiming to raise ₹24.07 crore. QVC Exports Ltd., established in August 2005, specializes in trading ferroalloys like ferro silicon, high-carbon ferro manganese, and high- carbon ferro chrome. The company generates 82.95% of its revenue from exports as of March 31, 2024, with key markets including Afghanistan, Korea, Italy, Ukraine, the UK, Belgium, Oman, Japan, Bangladesh, Vietnam, and Thailand. QVC Exports adheres to ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards. The IPO is scheduled to launch on August 21, 2024. QVC Exports IPO Overview The QVC Exports IPO is set to raise ₹24.07 crore, comprising a fresh issue of 20.5 lakh shares worth ₹17.63 crores and an o?er for sale (OFS) of 7.49 lakh shares totalling ₹6.44 crore. The IPO price is ₹86 per share, with 50% reserved for retail investors and 50% for others. The IPO will open on August 21, 2024, and close on August 23, 2024. The shares are expected to be listed on NSE and SME on August 28, 2024. Company Financials

  2. For the fiscal year ending March 31, 2024: Total Assets:₹9,386.23 lakh Total Revenue:₹45,462.68 lakh PAT:₹392.76 lakh Net Worth:₹3,407.9 lakh EBITDA:₹1,071.42 lakh The Objective of The Issue The proceeds from the IPO will be used for: 1.  Repayment of unsecured loans. 2.  Working capital needs. 3.  General corporate purposes. Peers of QVC Exports Ltd. No listed companies of a similar size are operating in the same sector as QVC Exports Ltd. Evaluation IPO Price:₹86 per share P/E Ratio: FY 2024 EPS of ₹7.20 gives a P/E of 11.94x. Weighted EPS of ₹5.88 over the last three years results in a P/E of 14.62x. Industry P/E: Not Available IPO’s Strengths Long-term partnerships with key clients and vendors. Diverse product range. Experienced management and promoters with technical expertise. Low overhead and storage costs. IPO’s Weaknesses Dependence on the steel industry, making revenue vulnerable to industry fluctuations. Heavy reliance on export markets, could be a?ected by geopolitical risks. Negative cash flows in previous years may hinder expansion. Increased competition could pressure margins as the company grows. QVC Exports IPO GMP Today The QVC Exports IPO Grey Market Premium (GMP) today is ₹20. Promoters and Management of QVC Exports Ltd. Nilesh Kumar Sharma Madhu Sharma

  3. Priti Sharma Matashree Mercantile Private Ltd. Unity Vyapaar Private Ltd. Pre-Issue Promoter Shareholding: 99.98% Post-Issue Promoter Shareholding: 73.22% QVC Exports IPO Lead Managers Khandwala Securities Ltd. Dividend Policy The company has not declared any dividends in the past three years. Conclusion QVC Exports Ltd. has experienced negative cash flows in its financing and investing activities over the past few years. The company is now launching an IPO to fund its growth objectives. This blog provides an in-depth overview of QVC Exports' financials, performance, and IPO details, which could be useful for potential investors.

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