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QVC Exports Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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QVC Exports Ltd IPO

Registered Office: 6th Flr South City Busin.Park,770 EM By Pass Anandapur EKT , Kolkata - 700107 , West Bengal , India.
Phone : +91 332 419 7677   Fax:
Email :  office@qvcgroup.com  
Website :  www.qvcgroup.com
Public offer of 27,98,400 equity shares of face value (Rs)10 each ("Equity Shares") of the company for cash at a price of (Rs)86/- per equity share (including a securities premium of (Rs)76/- per equity share) (the "Offer Price"), aggregating to (Rs)24.07 crores ("Offer"), comprising a fresh issue of 20,49,600 equity shares aggregating to (Rs)17.63 crores (the "Fresh Issue") and an offer for sale of 7,48,800 equity shares by Matashree Mercantile Private Limited ("The Selling Shareholder") ("Offer for Sale") aggregating to (Rs)6.44 crores, out of which 1,40,800 equity shares aggregating to (Rs)1.21 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 26,57,600 equity shares of face value of (Rs)10 each at an offer price of (Rs)86/- per equity share aggregating to (Rs)22.86 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 26.78% and 25.43%, respectively of the post offer paid up equity share capital of the company. The face value of the equity share is (Rs)10/- and the offer price is 8.6 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
21-Aug-24 23-Aug-24 (Rs)86.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 14.83
Khandwala Securities Ltd
Project Financed through Current Offer 24.07  
Post Issue Equity Share Capital 10.45  
Issue Price (Rs)86.00  
 
Projects
Repayment of unsecured loansGeneral corporate purposes
Funding of working capital requirements of the company
Promoted By
Nilesh Kumar Sharma  
Madhu Sharma  
Priti Sharma  
Listing At
NSE - SME 
Registrar to the Issue
Cameo Corporate Services Ltd