QVC Exports Limited IPO

QVC Exports' IPO includes a fresh issue of 27.98 lakh shares worth INR 17.63 Cr and an OFS of 7.49 lakh shares. Funds will repay loans, support working capital, and corporate needs.

Important Details

Open Date : August 21, 2024 Close Date : August 23, 2024 Allotment Date: August 26, 2024 Listing Date: August 28, 2024

Important Details

IPO Price: INR 86 per share Lot Size: 1600 Shares Total Issue Size: INR 24.07 crores

Fundamental Analysis

QVC Exports Ltd IPO shows mixed performance: 1. Strong revenue and profit growth. 2. Declining RoNW, falling NAV, rising debt, lower current ratio. 3. Investors should consider growth vs. financial risks.

Peer Comparison

1. No comparable listed companies in India for QVC Exports' full business scope. 2. Industry comparison is not possible.

Objective

QVC Exports Ltd IPO Objective: 1. Repay up to ₹1.09 crores in unsecured loans. 2. Allocate ₹9 crores for working capital. 3. Use remaining funds for general corporate purposes, strategic initiatives, and brand building.

Risks And Challenges

QVC Exports Ltd IPO Risks: 1. Risk from GST department search outcomes. 2. Dependence on key customers for revenue. 3. Unpredictable financial results may cause share price volatility.