Quality RO Industries Limited
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Quality RO Industries Limited's successfully completed its Initial Public Offering and commenced trading on Feb 09, 2022 at the BSE exchange. The company raised 5,30,000 Shares through this public offering, comprising 5,30,000 Shares in fresh capital.
The IPO was priced within the band of ₹51 to ₹51, with minimum application lots of 2000 shares. The offering attracted significant investor interest during its subscription period from Jan 27, 2022 to Feb 01, 2022.
Share allotment was finalized on Feb 04, 2022, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
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.
Quality RO Industries, headquartered in Gujarat, is engaged in manufacturing water softener equipment, contract manufacturing, trading RO equipment spares, and providing contractual logistics to local infrastructure and manufacturing companies. As of November 30, 2021, the company has an installed capacity of 70,000 units for filters, 17,000 units for RO bowls, and 25,000 units for RO housing, and operates with a team of 7 employees at its registered office, including its directors.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Experienced Team: Led by skilled management and supported by a dedicated workforce.
- Repeat Customer Orders: High customer satisfaction drives recurring business.
- Strong Supplier Network: Ensures quality raw materials and timely supply.
- Efficient Production: Cost-effective manufacturing with on-time order fulfillment.
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- Mr. Vivek Dholiya
Quality RO Industries Limited
Skyline Financial Services Private Limited