Quality RO Industries IPO Details

Quality RO Industries Fundamental Analysis, IPO Open / Close Date, News Tracker Alerts, Kostak , GMP and Finance.

We are going to Launch our Trading Journal Platform, Become a tester and get Lifetime Free access to the Platform. Become Tester.

FAQ about Quality RO Industries

Quality RO Industries will start booking for IPO on 2022-01-27.

Quality RO Industries will stop its booking for IPO on 2022-01-27.

The size of Quality RO Industries IPO is ₹2.70 Cr.

More Upcoming IPOs this Month
    No IPO coming this Month
2022-01-27 - 2022-02-01
Issue Size ₹2.70 Cr
Price Band ₹51 to ₹51
Retail 4.86
QIB 0.00
Face Value ₹10
NIL 2.13
Subject To -
Min Qty 2000

Quality RO Industries Details

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.

Company Strengths:

  • Experienced management and Loyal employee base
  • Satisfied Customers
  • Good suppliers, ensuring quality and timely supplies of raw materials
  • Cost-effective production and timely orders fulfilment.

Objects of the Issue:

The IPO aims to utilize the net proceed for the following objectives;

  • To meet the capital expenditure requirements
  • Working capital requirements
  • General corporate purpose
  • Public Issue Expenses

Company Promoters:

Mr. Vivek Dholiya is the company promoters.

Company Finance

On the financial performance front, for the FY22, QRIL has reported only 62 days working post its incorporation. For the period from September 30, 2021, to November 30, 2021, it has earned a net profit of Rs. 0.02 cr. on a turnover of Rs. 0.17 cr. 

As proprietorship entity, for the last three fiscals, it has posted turnover/net profits of Rs. 1.24 cr. / Rs. - (0.06) cr. (FY19), Rs. 1.90 cr. / Rs. 0.01 cr. (FY20), Rs. 1.85 cr.  / Rs. 0.04 cr. (FY21).  

The issue is priced at a P/BV of 4.51 based on its NAV of Rs. 11.31 as of November 30, 2021, and at a P/BV of 2.64 based on its post-IPO NAV of Rs. 19.29. 

If we annualize FY22 earnings and attribute it to fully diluted post-IPO paid-up equity capital, then the asking price is at a P/E of 113 making it an exorbitantly priced offer. 

Quality RO Industries IPO Tentative Timetable

Quality RO Industries 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
Credit of Shares to Demat Account
Feb 8, 2022
IPO Listing Date
Feb 9, 2022

Quality RO Industries Limited

Quality RO Industries Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots at 51 per Share minimum 2000 Qty.

1 Lot, 2000 Shares and ₹102,000
1 Lot, 2000 Shares and ₹102,000

Quality RO Industries Kostak

Kostak is not available. Subscribe alert we will send notification when its available and keep you updated.

Quality RO Industries GMP

GMP is not available. Subscribe alert we will send notification when its available and keep you updated.
Discussion with Other Traders about Quality RO Industries Limited

What is IPO

IPO stands for Initial Public Offer. When a private corporation offering their shares to public via stock issuance is known as Initial Public Offering or IPO. A company collects money from market through IPO. It is great chance to invest in any company but it also risky. At our platform which is UPCOMING IPOs you will get to know about company insights and market reaction on the IPO. This reactions on IPO will help you to understant the market sentimental and makes your decision more precise whether to bid on IPO or not.

Check Upcoming IPOs 2022

Check Upcoming IPOs of 2022. Here at UPCOMINGIPOs.NET you will get a list of all companies who are planning to bring their IPOs in 2022. Check out the list and prepare for bidding. Undertsand market before bidding in IPO.

Upcoming IPO Alerts, GMP Alerts

There are many companies who brings their IPO but not every company is good for investment purpose. If you bid on some bad IPO then you might lose your money. It is better to check Grey Market Premium , Kostak value, Market reactions before bidding in any IPO. All these insights are available on our UpcomingIPOs App. You can set dedicated alerts on your most awaited IPOs and we will notify you once it open for bdidiing. You can also set GMP alerts on IPOs.

Check Status of IPO Listing and Listing Alerts

There are many companies and it is tough to remember each listing date. Here you can set listing alerts for dedicate companies. We will notify you once it get listed in stock market.

All in One App

Download the Upcoming IPOs App and get everything inside a single app.