59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Quality Foils India Limited IPO (Quality Foils India IPO) Detail

Quality Foils India IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Hisar and caters to Steel - Tubes And Pipes sector. Khambatta Securities is the merchant banker of Quality Foils India IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th January 2023.

Quality Foils India IPO open date is 14th March 2023 and close date is 16th March 2023. IPO Allotment Date is 21st March 2023 and Listing date is 24th March 2023.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Fixed Price

IPO Key Highlights

  • IPO Size: ₹ 4.52 Cr. Avg IPO Size (Sector Based) : ₹ 17.02 cr.
  • Sector: Steel - Tubes And Pipes SME IPO so far: 9
  • Merchant Banker: Khambatta Securities SME IPO by BRLM so far: 8
  • City: Hisar SME IPO so far: 2
  • Revenue (annualised): ₹ 209.44 cr.
            (annualised): ₹ 4.12 cr.
  • PE Ratio: 4.16x Average Sector PE Ratio: 13.21x

Quality Foils India IPO Date

Date of DRHP:
10th January 2023
IPO Open Date:
14th March 2023
IPO Closing Date:
16th March 2023
IPO Allotment Date:
21st March 2023
Initiation of Refund:
22nd March 2023
IPO Listing Date:
24th March 2023

Quality Foils IPO Info, Size, Subscription

Quality Foils India IPO size is ₹ 4.52 Cr. with IPO price of ₹ 60.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 4.52 Cr.

Issue Price:
₹ 60.00

Market Capitalisation :
₹ 17.12 Cr.

PE multiple :
4.16

Subscription :
364.38 times

Pre Issue Promoter Holding :
72.80 %

Post Issue Promoter Holding :
0.00 %

Quality Foils India IPO Information

Sub Sector : Manufacturers of Stainless Steel Strips
Quality Foils (India) Limited is manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible Hoses/pipes. The Company use raw material of premium quality i.e. Hot Rolled Stainless Steel Coils/Strips mainly from Jindal Stainless Hissar Limited, Hissar. They sourced their more than 95% of raw material consumed from Jindal Stainless Hissar Limited in last three financial years. They are one of the growing manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible hose pipes in India having over thirty years of experience in the manufacturing of stainless-steel products. They supply their Products i.e. Cold Rolled Stainless Steel Coils/Strips in for manufacture of SS Tube/Pipe, Utensils, Cutlery, Kitchen Sinks, Stainless Steel Flexible Hoses and Automobile components and
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Object of Issue (Quality Foils IPO Objectives)

  • Funding capital expenditure requirements towards purchase of machinery
  • To meet the working capital requirements of the Company
  • General Corporate Purpose
  • To meet the Issue Expenses

Khambatta Securities Limited is the book-running lead manager of the Quality Foils India IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Khambatta Securities Limited for Quality Foils India IPO.

Quality Foils IPO Market Maker

Khambatta Securities Limited

Quality Foils IPO Registrar (RTA)

Bigshare Services Private Limited

Quality Foils IPO Lead Manager (BRLM)

Khambatta Securities Limited

Quality Foils India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Quality Foils India IPO?

Quality Foils India IPO, based in Hisar, operates in the   Steel - Tubes And Pipes sector with a focus on Manufacturers of Stainless Steel Strips. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Quality Foils India IPO size is ₹ 4.52 Cr. with fresh issue size of ₹ 4.52 Cr. and Offer for sale being ₹ Nil

When is Quality Foils IPO allotment?

The IPO allotment date for Quality Foils India IPO is expected to be 21st March 2023, after the finalization of basis of allotment. Investors can check Quality Foils India IPO allotment status on the registrars website, Bigshare Services Private Limited. Quality Foils India IPO refund dates are 22nd March 2023.

When is Quality Foils India IPO listing date?

Quality Foils India IPO is expected to be listed on 24th March 2023.

What is the price band for Quality Foils IPO?

The upper price band for the Quality Foils India IPO is set at ₹ 60.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Quality Foils India IPO Review?

For IPO analysis on Quality Foils India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Quality Foils India IPO?

To apply for the Quality Foils India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 16th March 2023. After submission, funds are blocked until the basis of allotment of Quality Foils India IPO is finalised.

Who is the merchant banker of Quality Foils IPO?

The merchant banker for Quality Foils India IPO is Khambatta Securities Limited . Khambatta Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Quality Foils India IPO RHP for further details.

Who is the Registrar of Quality Foils India IPO?

The registrar for Quality Foils India IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Quality Foils India IPO through their official website or helpline.

What is the Quality Foils India IPO subscription?

Quality Foils India IPO was subscribed 364.38 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 4.52 Cr. Avg IPO Size (Sector Based) : ₹ 17.02 Cr.
  • Sector: Steel - Tubes And Pipes SME IPO so far: 9
  • Merchant Banker: Khambatta Securities SME IPO by BRLM so far: 8
  • City: Hisar SME IPO so far: 2
  • Revenue (annualised): ₹ 208.90 cr.
            PAT: (annualised): ₹ 4.10 cr.
  • PE Ratio: 4.16x Average Sector PE Ratio: 13.21x
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FAQs

Quality Foils India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Quality Foils India Financial Review Page

Quality Foils India IPO subscription was 364.38 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Quality Foils India IPO listed at a listing price of 100.00 against the offer price of 60.00.

The current market price of Quality Foils India is 78.75.

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