IPO Synopsis

Quality Foils (India) Ltd
Registered Office: 3 Industrial Development,Colony,Hisar-125005, Haryana
Tel. No: 01662-220327, 28
Fax No:
Email: cs@qualityfoils.com
Website: www.qualitygroup.in
Public issue of 7,54,000 equity shares of face value of Rs. 10/- each fully paid up of Quality Foils (India) Limited "Quality" or the "Company" or the "Issuer") for cash at a price of Rs. 60/- per equity share (the "Issue Price") (including share premium of Rs. 50/- per equity share) aggregating Rs. 4.52 crores (the "Issue") by the company, of which 38,000 equity shares of face value of Rs. 10/- each fully paid up will be reserved for subscription by market maker to the issue ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 7,16,000 equity shares of face value of Rs. 10/- each fully paid up is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.42% and 25.09% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The issue price is Rs. 60/-, The issue price is 6 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
14-Mar-2023 16-Mar-2023 ₹60.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of :2000
(₹ Cr) Lead Managers to the Issue
Project Cost 4.12 Khambatta Securities Ltd
Project Financed through Current Offer 4.52
Post Issue Equity Share Capital 2.85
Issue Price 60.00
Projects
Funding capital expenditure requirements towards purchase of machinery
Working capital requirement including margin money
General corporate purposes
Promoted By
Kuldip Bhargava
Tejasvi Bhargava
Listing At
NSE - SME
Registrar To The Issue