Quality Foils (India) Limited

Offer PeriodMar 14, 2023 – Mar 16, 2023

NSE - SMEListed

Listed Price

₹100.00

+66.67%

Price Band₹60 - ₹60

Lot Size2,000 Shares

Allotment DateMar 21, 2023

Listing DateMar 24, 2023

Subscription364.38 Times

Issue Size₹4.52 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹35
(58.33%)

Premium (ELP)

The public market debut of Quality Foils (India) Limited's was completed on Mar 24, 2023 with its listing on the NSE exchange. The IPO process raised 7,54,000 Shares in total capital, consisting of 7,54,000 Shares in new equity.

The offering featured a price range of ₹60 to ₹60 and minimum application size of 2000 shares. Investor response during the subscription period from Mar 14, 2023 to Mar 16, 2023 influenced the final allotment ratios across investor categories.

Final allotment was announced on Mar 21, 2023, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.

Quality Foils IPO Details

IPO Date

Mar 14, 2023 to Mar 16, 2023

Allotment Date

Mar 21, 2023

List Date

Mar 24, 2023

Lot Size

2,000 share

Issue Price

₹60 - ₹60

Issue Size

7,54,000 (aggregating up to 4.52 Cr)

Fresh Issue

7,54,000 (aggregating up to 4.52 Cr)

Offer For Sale

Listing At

NSE

Share Holding Pre-Issue

21,00,000

Share Holding Post-Issue

28,54,000

Market Marker Portion

38,000

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	2000	1,20,000
HNI	2	4000	2,40,000

IPO Reservation

Shares7,54,000

Market Maker

5.04%(38,000)

NII (HNI)

47.48%(3,58,000)

RETAIL

47.48%(3,58,000)

Total

100.00%(7,54,000)

Quality Foils IPO Key Performance Indicators

Learn About IPO KPIs →

KPI

KPI
No data

Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).

Company Financials (In Lakhs)

Period Ended	Mar 2020	Mar 2021	Mar 2022	Sep 2022

Period Ended	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Assets	6,606.53	6,536.53	7,834.55	7,135.21
Revenue	15,210.77	12,436.67	18,030.63	10,471.59
Net Worth	1,773.53	1,869.39	2,031.27	2,237.26
profit After Tax	107.87	95.86	161.88	205.99
Reserves And Surpluse	1,633.53	1,729.39	1,891.27	2,097.26
Total Borrowing	0	0	0	0

Quality Foils IPO About Company

Incorporated in 1990, Quality Foils (India) Limited is a leading manufacturer and exporter of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/Pipes. Using premium-grade raw materials primarily sourced from Jindal Stainless Hissar Limited, the company has over three decades of experience in producing high-quality stainless steel products under the brand name “Quality.” Its offerings are divided into two key segments — Cold Rolled Stainless Steel Coils/Strips and Stainless Steel Flexible Hose Pipes — which are used in diverse applications such as SS tubes, kitchenware, cutlery, and automotive components. These products cater to industries including steel, petrochemical, automobile, power, and heavy engineering for applications like hydraulic oil, steam, hot water, and gas systems.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Quality Foils IPO Strength Factors

⚠️Quality Foils IPO Risk Factors

🏦Quality Foils IPO Lead Manager(s)

Khambatta Securities Limited

👤Quality Foils IPO Promoter(s)

Kuldip Bhargava
Tejasvi Bhargava

🏢Quality Foils IPO Company Details

Quality Foils (India) Limited

Email:cs@qualityfoils.com

Phone:01662-220327, 28

Website:http://www.qualitygroup.in/

address:3, Industrial Development Colony, Hisar, Haryana-125005

📋Quality Foils IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited

Phone:+91-22-6263 8200

Email:ipo@bigshareonline.com

Website:https://www.bigshareonline.com/

❓Quality Foils IPO FAQs

Quality Foils IPO is a main-board IPO of 7,54,000 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹60 - ₹60 per share. The minimum order quantity is .The IPO opens on Mar 14, 2023, and closes on Mar 16, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE.

Zerodha customers can apply online in Quality Foils IPO using UPI as a payment gateway. Zerodha customers can apply in Quality Foils IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Quality Foils IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Quality Foils IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Quality Foils IPO opens on Mar 14, 2023 and closes on Mar 16, 2023.

You can apply in Quality Foils IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Quality Foils IPO will be done on Mar 21, 2023, and the allotted shares will be credited to your demat account by Mar 21, 2023

Quality Foils IPO's listing date is Mar 24, 2023.

Quality Foils (India) Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹35(58.33%)

Premium (ELP)

₹35
(58.33%)