QVC Exports Ltd |
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Registered Office: 6th Flr South City Busin.Park, 770 EM By Pass Anandapur EKT, Kolkata - 700107, West Bengal |
Phone: +91 332 419 7677 |
Email: office@qvcgroup.com |
Website: www.qvcgroup.com |
Public offer of 27,98,400 equity shares of face value Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 86/- per equity share (including a securities premium of Rs. 76/- per equity share) (the "Offer Price"), aggregating to Rs. 24.07 crores ("Offer"), comprising a fresh issue of 20,49,600 equity shares aggregating to Rs. 17.63 crores (the "Fresh Issue") and an offer for sale of 7,48,800 equity shares by Matashree Mercantile Private Limited ("The Selling Shareholder") ("Offer for Sale") aggregating to Rs. 6.44 crores, out of which 1,40,800 equity shares aggregating to Rs. 1.21 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 26,57,600 equity shares of face value of Rs. 10 each at an offer price of Rs. 86/- per equity share aggregating to Rs. 22.86 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 26.78% and 25.43%, respectively of the post offer paid up equity share capital of the company. The face value of the equity share is Rs. 10/- and the offer price is 8.6 times of the face value. |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
21-Aug-2024 | 23-Aug-2024 | ₹ 86.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0 | ||
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(₹)Cr. | Lead Managers to the Issue | |
Project Cost | 14.83 | Khandwala Securities Ltd |
Project Financed through Current Offer | 24.07 | |
Post Issue Equity Share Capital | 10.45 | |
Issue Price | ₹86.00 |
Projects |
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Repayment of unsecured loans |
Funding of working capital requirements of the company |
General corporate purposes |
Promoted By |
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Nilesh Kumar Sharma |
Madhu Sharma |
Priti Sharma |
Listing At |
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NSE - SME |
Registrar to the Issue |
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