Quality RO Industries Ltd

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:

  1. Mr. Vivek Dholiya (Designation: Chairman and Managing Director)
  2. 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:
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:
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