QVC Exports Limited IPO GMP

QVC Exports is is engaged in the business of dealing in ferro alloys, including but not limited to high carbon silico manganese, low carbon silico manganese, high carbon ferro manganese, high carbon ferro chrome and ferro silicon and also engaged in the dealing in raw materials for manufacturing of steel.

QVC, a Fixed Price Issue amounting to ₹240.66 crores, consisting a Fresh Issue of 20.49 Lakh Shares worth ₹176.26 crores and an Offer for Sale of 7.48 Lakh Shares totaling to ₹64.39 crores. The subscription period for the QVC IPO opens on August 21, 2024, and closes on August 23, 2024. The allotment is expected to be finalized on or about Monday, August 26, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Wednesday, August 28, 2024.

The Share price of QVC IPO is set at ₹86 equity per share, with a minimum lot size of 1,600 shares. Retail investors are required to invest a minimum of ₹137,600, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (3,200 shares), amounting to ₹275,200.

KHANDWALA SECURITIES LIMITED is the book-running lead manager, CAMEO CORPORATE SERVICES LIMITED is the registrar for the Issue. Aftertrade Broking Private Limited will act as the Market Maker for the QVC Exports IPO.

QVC Exports Limited IPO GMP Today
The Grey Market Premium of QVC Exports Limited IPO is expected in the range of ₹50 to ₹55 based on the financial performance and subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

QVC Exports Limited IPO Live Subscription Status Today
As of 04:17 PM on 23rd August 2024, the QVC Exports Limited IPO live subscription status shows that the IPO subscribed 473.58 times on last day of subscription period. Check the QVC Exports Limited IPO Live Subscription Status Today at NSE.

QVC Exports Limited IPO Allotment Status
QVC Exports IPO allotment date is 26 August, 2024, Monday. QVC Exports IPO Allotment will be out on 26th August 2024 and will be live on Registrar Website from the allotment date. Check QVC Exports Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select QVC Exports Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of QVC Exports Limited IPO
QVC Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
A. ₹109.00 Lakhs is required to repay the unsecured loans taken by the Company 
B. ₹900.00 Lakhs is required to meet working capital requirement 
C. General Corporate Purposes

Refer to QVC Exports Limited RHP for more details about the Company.