QVC Exports Limited - Logo

QVC Exports Limited

QVCEL

86-86

per share
Bidding Dates
21-23 Aug
Min. Investment
₹1,37,600.00
Lot Size
1600 shares
Issue Size
₹24.07 Cr
IPO Timeline
Bidding starts
21 Aug ‘24
Bidding ends
23 Aug ‘24
Allotment finalisation*
26 Aug ‘24
Refund initiation*
27 Aug ‘24
Demat transfer
27 Aug ‘24
Listing
28 Aug ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About QVC Exports Limited

Founded in August 2005,  QVC Exports Limited specializes in the trading of ferro alloys, which includes high carbon silico manganese, low carbon silico manganese, high carbon ferro manganese, high carbon ferro chrome, and ferro silicon. Additionally, the company deals in raw materials essential for steel production, such as manganese ore, chrome ore, and coke. Their innovative business model involves sourcing raw materials for ferro alloy manufacturers and subsequently purchasing their finished products. This approach not only ensures a steady supply of raw materials but also allows QVC to sell a diverse range of ferro alloys to steel manufacturers both domestically and internationally, creating a comprehensive supply chain solution.

The company has established a strong global presence, exporting to countries including Taiwan, Japan, Bangladesh, Vietnam, Thailand, Turkey, Afghanistan, Korea, Italy, Ukraine, the United Kingdom, Belgium, and Oman. In addition to exporting, QVC imports high-quality manganese ore and manganese ore lumps from renowned suppliers in Hong Kong and France. This global reach underpins their ability to meet the needs of international steel manufacturers and contribute significantly to their revenue.

Quality assurance is a cornerstone of QVC Exports Limited’s operations. The company prioritizes high standards by employing independent inspection agencies like Bureau Veritas, IRA, and SGS to certify product quality. In cases where quality issues arise, QVC takes a proactive approach by investigating the root causes, updating customers on findings, and making necessary changes to suppliers or inspection processes. 

The marketing team is organized by customer regions to ensure effective coordination and relationship management. By equipping their marketing personnel with technical expertise and participating in both domestic and international conferences, QVC effectively promotes its products and broadens its network of customers and suppliers. This strategic focus on market expansion and customer engagement reinforces the company’s position as a reliable partner in the ferro alloys and steel supply chain.

QVC Exports Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:

  1. To repay the unsecured loans taken by the Company
  2. To meet working capital requirement 
  3. General Corporate Purposes

IPO analysis

Registrar information
Name
Cameo Corporate Services Limited
Phone number
+91-44-28460390
Email ID
ipo@cameoindia.com

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