About the Company:
Quality RO Industries Ltd is engaged in the business of manufacturing, marketing and supplying components for water purifiers and softener equipment.
These water purifiers parts have been designed to make a proper fitting for RO Plants and Systems ofdifferent varieties, as company produce strictly according to industry standards.
Company is engaged in the business of supplying of various water treatment products as well as logistics services.
As a supplier, company procures polypropylene raw materials and manufacture various types of softener equipment such as filter parts, premium filter cartridges, taps, membrane housing and also engage in contractual manufacturing for the water treatment industry.
company also make sales through online platforms. In addition, company also engage in providing logistics services on a contractual basis to a few local infrastructure companies.
Company is engaged in following areas: –
- Manufacturing of Water softener equipment.
- Contract Manufacturing.
- Trading of RO equipment spares and associated products.
- Contractual Logistics to local infrastructure and manufacturing companies.
Products manufactured by the Company:
- Membrane Housing.
- Kent Tap.
- PP Spun Filter Cartridge.
- RO Bowl.
- Jug Tap.
- Dolphin Tap.
Management Team:
- Mr. Vivek Dholiya (Designation: Chairman and Managing Director)
- Mrs. Damini Dholiya (Designation: Whole-Time Director)
Objectives of the Issue:
Fresh Issue: (Rs.2.70 cr)
- To Meet the Capital Expenditure Requirements
- To Meet the Incremental Working Capital Requirements.
- General Corporate Purpose.
- Public Issue Expenses.
Peer Group Comparison:
We believe that there are no listed Companies in India which are engaged in manufacturing of RO Products. Further there are no listed entities which are focused exclusively on the segment in which Quality RO Industries operates.
Financials of the Company:
| (in Crores) | 30th Sept to 30th Nov 2021 |
|---|---|
| Revenue | 0.16 |
| Net Profit | 0.0147 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 27th January 2022 |
| Issue Closes on:. | 1st February 2022 |
| Issue Price | Rs.51 |
| Face Value | Rs.10 |
| Minimum Lot | 2000 |
| Minimum Investment | Rs.1,02,000 |
| Issue Constitutes | 27.46% |
| Issue Size | Rs.2.70 cr |
| Market Cap | Rs.9.84 cr |
| Listing at | BSE SME |
| Equity Shares Offered (Fresh) | 5,30,000 |
| Equity Shares Prior to the Issue | 14,00,000 |
| Equity Shares after the Issue | 19,30,000 |
Also Read : List of Upcoming IPO’s in India.
Also Read : List of Upcoming SME IPO’s in India.
Important Dates:
| Finalization of Basis of Allotment | on or Before 4th February 2022 |
| Initiation of Refunds | on or Before 7th February 2022 |
| Credit of Equity Shares: | on or Before 8th February 2022 |
| Listing Date: | on or Before 9th February 2022 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 0.11 | 154.55 | 0.93% | 11.31 |
| Company Contact Info: |
|---|
| Quality RO Industries Limited Plot No. 09, POR Industrial Park, NH 08 Behind Sahayog Hotel, Village POR, Vadodara-391243, Gujarat, India. Tel. No.: +91- 6358839303 E-mail: info@qualityro.in Website: www.qualityro.in |
| IPO Registrar Info: |
|---|
| SKYLINE FINANCIAL SERVICES PRIVATE LIMITED SEBI Registration Number: INE00003241 D-153A, 1st Floor, Okhla Industrial Area Phase-I, New Delhi – 110020, India Telephone: +91-11-40450193-197 Email: compliances@skylinerta.com Website: www.skylinerta.com |
| Lead Manager to the Issue: |
|---|
| SHRENI SHARES PRIVATE LIMITED SEBI Registration Number: INM000012759 Office No. A-102, 1st Floor, Sea Lord CHSL, Above Axis Bank, Ram Nagar, Borivali (West), Mumbai- 400092, Maharashtra, India Tel No.: +91 – 22 – 2808 8456 Email: shrenishares@gmail.com Website: www.shreni.in |
