Quality RO Industries Limited IPO
BSE SME₹102,000 / 2000 Shares
Quality RO Industries Limited IPO Details
The Quality RO Industries Limited IPO price band is set between ₹51 per equity share, with a face value of ₹10 per share. The issue is managed by Skyline Financial Services Private Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 27 Jan, 2022 and closes on 1 Feb, 2022. Investors can check the allotment status on 7 Feb, 2022, while the listing date is tentatively scheduled for 9 Feb, 2022.
The total issue size is 530,000 Eq Shares of ₹10, aggregating up to ₹2.70 Cr. Stay tuned for the latest Quality RO Industries Limited IPO review and GMP updates.
Quality RO Industries Limited IPO Review, Rating & Analysis
Quality RO Industries Limited IPO Review
NO REVIEWQuality RO Industries Limited IPO Rating
Quality RO Industries Limited IPO Highlights
IPO Date
Jan 27, 2022 - Feb 1, 2022
Listing Date
9 Feb, 2022
Face Value
₹10 Per Equity Share
Price Band
₹51 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Quality RO Industries Limited IPO Lot Size
The minimum market lot for Quality RO Industries Limited IPO is 2000 shares with an application amount of ₹1,02,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,02,000 |
| Retail (Max) | 1 | 2000 | ₹1,02,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,04,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,18,000 |
| B-HNI (Min) | 10 | 20000 | ₹10,20,000 |
Quality RO Industries Limited IPO Timeline
Issue Price
₹51 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Skyline Financial Services Private LtdLead Manager
Shreni Shares Private LimitedIssue Size
530,000 Eq Shares of ₹10(aggregating up to ₹2.70 Cr)Quality RO Industries Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Nov 21 | 2.50 | 0.16 | 0.01 | - | - | - |
| 31 Mar 21 | 1.84 | 1.30 | (0.06) | - | - | - |
| 31 Mar 20 | 1.89 | 1.88 | 0.01 | - | - | - |
| 31 Mar 19 | 1.84 | 1.80 | 0.04 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Vivek Dholiya
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 84.00% | 60.93% |
About Company
Headquartered in Gujarat, Quality RO Industries is engaged in the following areas:
1.Manufacturing of water softener equipment,
2.Contract manufacturing,
3.Trading of RO equipment spares and associated products,
4.Contractual logistics to local infrastructure and manufacturing companies.
As of November 30, 2021, the company has an installed capacity of (i) 70,000 units for Filters, 17,000 units for RO Bowl, and 25,000 units for RO Housing. The company has 7 employees at the registered office including its directors.
Quality RO Industries Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 250,000 | 250,000 | 500,000 |
Day 1 -27-02-22 05:30 PM | 2.02 x | 0.78 x | 1.40 x |
Day 2 -28-02-22 05:00 PM | 2.13 x | 4.86 x | 3.49 x |
Day 3 -31-02-22 05:00 PM | 3.14 x | 6.70 x | 4.92 x |
Day 4 -01-02-22 05:00 PM | 4.46 x | 10.06 x | 7.26 x |
Frequently Asked Questions about Quality RO Industries Limited IPO IPO
When will Quality RO Industries Limited IPO open for subscription?
The Quality RO Industries Limited IPO opens on 27 Jan, 2022 and closes on 1 Feb, 2022.
What is the investors portion for Quality RO Industries Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 250000.
How to apply for Quality RO Industries Limited IPO?
You can apply for Quality RO Industries Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Quality RO Industries Limited IPO?
The issue size of Quality RO Industries Limited IPO is approx ₹530,000 Eq Shares of ₹10(aggregating up to ₹2.70 Cr) crores.
What is the price band of Quality RO Industries Limited IPO?
The price band for Quality RO Industries Limited IPO is ₹51 per equity share to ₹undefined.
What is the lot size of Quality RO Industries Limited IPO?
The minimum bid (lot size) for Quality RO Industries Limited IPO is N/A shares with an investment of approx ₹102,000 .
What is the allotment date of Quality RO Industries Limited IPO?
The allotment date for Quality RO Industries Limited IPO is 7 Feb, 2022.
What is the listing date of Quality RO Industries Limited IPO?
The listing date for Quality RO Industries Limited IPO is expected to be 9 Feb, 2022.
What is the GMP of Quality RO Industries Limited IPO?
The latest Grey Market Premium (GMP) for Quality RO Industries Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.