Quality RO IPO Details:
Contents
- 1 When is Quality RO IPO Launching?
- 2 Quality RO IPO Tentative Timetable
- 3 Quality RO IPO Lot Size
- 4 Quality RO IPO Share Price
- 5 Quality RO IPO Promoter Holding
- 6 Quality RO IPO Board of Directors
- 7 Quality RO IPO Company Financials
- 8 About Quality RO
- 9 Company Contact Information
- 10 Quality RO IPO Gray Market Price (GMP)
- 11 How to apply for Quality RO IPO
- 12 Final Review of Quality RO IPO
When is Quality RO IPO Launching?
The IPO opens on Jan 27, 2022, and closes on Feb 1, 2022.
Quality RO IPO Tentative Timetable
The Quality RO IPO open date is Jan 27, 2022, and the close date is Feb 1, 2022. The issue may list on Feb 9, 2022.
| IPO Open Date | Jan 27, 2022 |
| IPO Close Date | Feb 1, 2022 |
| Basis of Allotment Date | Feb 4, 2022 |
| Initiation of Refunds | Feb 7, 2022 |
| The credit of Shares to Demat Account | Feb 8, 2022 |
| IPO Listing Date | Feb 9, 2022 |
Quality RO IPO Lot Size
The Quality RO IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lot (2000 shares or ₹102,000).
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 2000 | ₹102,000 |
| Maximum | 1 | 2000 | ₹102,000 |
Quality RO IPO is an SME IPO of 530,000 equity shares of the face value of ₹10 aggregating up to ₹2.70 Crores. The issue is priced at ₹51 per equity share. The minimum order quantity is 2000 Shares.
Quality RO IPO Promoter Holding
Mr. Vivek Dholiya is one of the company promoters.
| Pre Issue Share Holding | 84.00% |
| Post Issue Share Holding | 60.93% |
Quality RO IPO Board of Directors
VIVEK DHOLIYA – Managing Director
DAMINI DHOLIYA – Director
Quality RO IPO Company Financials
| Summary of financial Information (Restated Consolidated) | |||||
| Particulars | For the year/period ended (₹ in Millions) | ||||
| 30-Nov-21 | |||||
| Total Assets | 25.02 | ||||
| Total Revenue | 1.67 | ||||
| Profit After Tax | 0.14 | ||||
About Quality RO
Quality RO Industries Ltd. (QRIL) is occupied with the matter of manufacturing, marketing, and providing components for water purifiers and softener equipment. These water purifier parts have been intended to make a legitimate fitting for RO Plants and Systems of various assortments, as the organization creates stringently as per industry standards.
Headquartered in Gujarat, Quality RO Industries is occupied with the accompanying regions:
- Manufacturing of water softener equipment,
- Contract manufacturing,
- Trading of RO equipment saves and related products,
- Contractual logistics to local infrastructure and manufacturing organizations.
As of November 30, 2021, the organization has an installed limit of (I) 70,000 units for Filters, 17,000 units for RO Bowl, and 25,000 units for RO Housing. The organization has 7 employees at the registered office including its directors.
Company Contact Information
Quality RO Industries Limited
Plot No. 09, POR Industrial Park,
NH 08 Behind Sahayog Hotel, Village POR,
Vadodara-391243, Gujarat, India
Phone: +91- 6358839303
Email: info@qualityro.in
Website: https://qualityro.in/
Quality RO IPO Gray Market Price (GMP)
There is No grey market premium right now.
How to apply for Quality RO IPO
You can apply in Quality RO IPO online utilizing either UPI or ASBA as a payment technique. ASBA IPO application is accessible in the net banking of your bank account. UPI IPO application is presented by dealers who don’t offer banking services. Peruse more insight concerning applying IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Final Review of Quality RO IPO
QRIL’s financial performance isn’t that great at the asking cost and that too seems excessive at 113 P/E. Its post IPO equity capital will be simply underneath Rs. 2 cr. and in this way will have longer development for migration to the fundamental board. Basically, avoid this voraciously evaluated offer.
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