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Quality Foils (India) SME IPO Date, GMP, Price, Review, Allotment


Incorporated in 1990, Quality Foils (India) Limited is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible Hoses/pipes.

The company uses raw materials of premium quality i.e. Hot Rolled Stainless Steel Coils/Strips mainly from Jindal Stainless Hissar Limited, Hissar to produce its products.

Quality Foils is among India’s prospering manufacturers and exporters of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible hose pipes. The entity has experience of over three decades in the manufacturing of stainless steel products.

The products of the company are categorized in two segments, which are:

  1. Cold Rolled Stainless Steel Coils/Strips;
  2. Stainless Steel Flexible Hose Pipes

The deliverables of Quality Foils (India) Limited are offered under the brand name “Quality”. The products of the company are further used in the manufacturing of SS Tube/Pipe, Utensils, Cutlery, Kitchen Sinks, Stainless Steel Flexible Hoses.

Further, these are used for Automobile components and Flexible Hose pipes for major applications such as high temp & medium pressure for Hydraulic Oil, Hot Water, Steam & Gas applications, chemical resistance, exhaust systems of steel, power, petrochemical, sugar, automobile, and many other heavy engineering sectors.

Date GMP Kostak Subject To Sauda
15 March 2023₹15₹-₹30000
14 March 2023₹15₹-₹30000
13 March 2023₹10₹-₹30000
12 March 2023₹10₹-₹-
11 March 2023₹10₹-₹-

Quality Foils (India) SME IPO Date & Price Band.

 IPO Open:Mar 14, 2023
 IPO Close:Mar 16, 2023
 IPO Size:4.52  Crores
 Price Band:₹60 per share
 Listing on:NSE SME
 Retail Portion:50% of the Net Issue
 Equity:754,000 shares
Face Value: ₹10 per share

Quality Foils (India) SME IPO Market Lot

The Quality Foils (India) IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹120,000).

Shares: Minimum 2000 share

Minimum Amount: ₹120,000

Maximum Amount: ₹120,000

Quality Foils (India) SME IPO Allotment & Listing:

  • Basis of Allotment: Mar 21, 2023
  • Refunds: Mar 22, 2023
  • Credit to Demat accounts: Mar 23, 2023
  • Listing: Mar 24, 2023

Quality Foils (India) SME IPO Form

How to apply Quality Foils IPO? You can apply Quality Foils IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Quality Foils IPO in the Invest section. The other option you can apply Quality Foils IPO via IPO forms download via the NSE website. Check out the Quality Foils forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Quality Foils (India) SME Company Financial Report

Period EndedTotal AssetsTotal RevenueProfit After Tax

Quality Foils (India) SME IPO Valuation – FY2023

Earning Per Share (EPS):7.71 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):7.97%
Net Asset Value (NAV):1450.91 per Equity Share

Peer Group

  • NA

Company Promoters

  • Mr. Kuldip Bhargava
  • Mr. Tejasvi Bhargava

Quality Foils (India) SME IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]

Company Address

Quality Foils (India) Limited
3, Industrial Development Colony,
Phone: 01662-220327, 28
Email: [email protected]

Quick Links:

Quality Foils (India) IPO DRHP

Quality Foils (India) IPO RHP

About Quality Foils (India) SME IPO

Quality Foils (India) IPO opens on Mar 14, 2023, and closes on Mar 16, 2023. The Quality Foils (India) IPO bid date is from Mar 14, 2023 10.00 A.M. to Mar 16, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Read Also
Quality Foils (India) SME Allotment Status
Quality Foils (India) SME IPO Listing Date Quality Foils (India) SME IPO Subscription (Live)

Objects of the Issue:

  • Financing the expenditure for opening new stores.
  • To repay of short term borrowings.
  • To meet Working Capital requirements.
  • General Corporate Purpose.
  • To meet issue expenses

Quality Foils (India) SME IPO FAQs

What is Quality Foils (India) SME IPO Open Date for QIB, NII, and Retail?

Quality Foils (India) SME IPO will open on Mar 14, 2023

Quality Foils (India) SME IPO Size?

Quality Foils (India) IPO size is Approx ₹4.52 Crores

Quality Foils (India) SME IPO Price Band?

Quality Foils (India) SME IPO Price Band is ₹60 per share

Quality Foils (India) SME IPO Minimum Lot Size?

The minimum bid is 2000 Shares with a ₹120,000 Minimum Lot Size.

What is Quality Foils (India) SME IPO Allotment Date?

Quality Foils (India) SME IPO allotment date is Mar 21, 2023

What is Quality Foils (India) Listing date?

Quality Foils (India) SME IPO listing date is Mar 24, 2023. The IPO is to list on NSE SME.

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