IPO Synopsis

Quality Foils (India) Ltd

Registered Office: 3 Industrial Development,Colony, Hisar - 125005, Haryana, India. Phone : 01662-220327, 28   Fax: 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 Opens On Closes On 14-Mar-23 16-Mar-23 Money Payable On Application Allotment 60.00 0.00 Minimum Application for shares in Nos : 2000 Further Multiples of : 2000 Cr Lead Managers to the Issue Project Cost (.Cr) 4.12 Khambatta Securities Ltd Project Financed through Current Offer (.Cr) 4.52   Post Issue Equity Share Capital (.Cr) 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

No Data Available