Quality RO IPO Date, Price, GMP, Review, Dates & Details

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Quality RO IPO

Quality RO IPO Details:

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 Share Price

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:

  1. Manufacturing of water softener equipment,
  2. Contract manufacturing,
  3. Trading of RO equipment saves and related products,
  4. 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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