Quality RO Industries Limited was established in 2021 and promoted by Vivek Dholiya. The company operated in the water purification equipment and components segment.
Quality RO Industries IPO opened in January 2022 at an issue price of ₹51 per share. The company offered a fresh issue of ₹2.70 Crore. Investors could apply for a minimum of 2,000 shares, requiring an investment of ₹1,02,000.
The company proposed to list its shares on the BSE SME platform. Its business focused on manufacturing, marketing and supplying components used in water purifiers and water softener equipment.
Quality RO Industries Company Profile
Quality RO Industries manufactured and supplied components for water purification systems. The company designed its products for proper fitting in different types of RO plants and water purification systems.
The company manufactured its components according to applicable industry requirements. Its product portfolio supported businesses involved in water purification, RO systems and related equipment.
In addition to manufacturing, Quality RO Industries operated in trading and contractual services. Therefore, its business model covered several activities within the water purification and associated services sector.
What Does Quality RO Industries Do?
Quality RO Industries operated across manufacturing, trading, contract manufacturing and logistics activities. The company served the water purification equipment market through its components and associated products.
The company’s major business activities included the following:
- Manufacturing of water softener equipment
- Contract manufacturing
- Trading of RO equipment spares and associated products
- Contractual logistics for local infrastructure and manufacturing companies
Through these activities, the company aimed to serve customers with different requirements. Furthermore, its contract manufacturing and trading activities provided additional business opportunities beyond its own manufacturing operations.
Quality RO Industries IPO Details
| IPO Details | Information |
|---|---|
| Company Name | Quality RO Industries Limited |
| IPO Name | Quality RO Industries IPO |
| IPO Opening Date | 27 January 2022 |
| IPO Closing Date | 01 February 2022 |
| IPO Price | ₹51 per share |
| Fresh Issue | ₹2.70 Crore |
| Total Issue Size | ₹2.70 Crore |
| Lot Size | 2,000 shares |
| Face Value | ₹10 per share |
| Issue Type | Fixed Price Issue |
| Listing | BSE SME |
The Quality RO Industries IPO had a total issue size of ₹2.70 Crore. The entire issue consisted of a fresh issue. As a result, the company planned to raise the full issue proceeds through the fresh issue.
Quality RO Industries IPO Market Lot
The IPO lot size was 2,000 shares. At an issue price of ₹51 per share, one lot required an investment of ₹1,02,000.
| Application | Lot | No. of Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 shares | ₹1,02,000 |
| Maximum | 1 | 2,000 shares | ₹1,02,000 |
Minimum investment: 2,000 shares × ₹51 = ₹1,02,000.
The supplied source listed 1,000 shares in the maximum-lot row. However, that figure conflicts with the stated investment amount of ₹1,02,000. Since ₹51 × 2,000 shares equals ₹1,02,000, this page uses 2,000 shares for the lot calculation.
Investors should also remember that SME IPOs can have different trading volumes and liquidity compared with mainboard stocks. Therefore, the minimum application amount should form only one part of the overall investment analysis.
Quality RO Industries IPO Financial Performance
Financial performance provides useful information about a company’s historical operations. The available IPO data for Quality RO Industries included total assets, revenue and profit after tax.
| Financial Particulars | Amount |
|---|---|
| Financial Period | 30 November 2021 (Restated Consolidated) |
| Total Assets | ₹25.02 Million |
| Total Revenue | ₹1.67 Million |
| Profit After Tax | ₹0.14 Million |
| EPS FY2021 | Not available in the supplied data |
The reported figures showed total assets of ₹25.02 million. Meanwhile, total revenue stood at ₹1.67 million and profit after tax was ₹0.14 million for the reported period.
However, investors should not rely on a single financial period when evaluating an IPO. Revenue growth, profitability, margins, valuation, competition and future business prospects can also influence the company’s performance.
Quality RO Industries IPO DRHP
The Draft Red Herring Prospectus contains detailed information about the company’s business, financial statements, promoters, risk factors and IPO-related information.
Investors researching the historical Quality RO Industries IPO can refer to the prospectus for additional details.
Download Quality RO Industries IPO DRHP
Quality RO Industries IPO Subscription Status
IPO subscription figures indicate the demand received from different investor categories during the bidding period. Therefore, day-wise subscription data can help readers understand investor participation in the historical IPO.
For day-wise subscription information, readers can visit the Quality RO Industries IPO subscription page on IPOWala.
Check Quality RO Industries IPO Subscription Status Day by Day
Quality RO Industries IPO GMP
Grey Market Premium (GMP) is an unofficial indicator that some market participants use to track sentiment before an IPO listing. However, GMP does not come from a regulated stock exchange and cannot guarantee the actual listing price.
Since Quality RO Industries IPO was launched in 2022, any GMP information should be treated as historical IPO-period data. It should not be presented as a current market premium.
Check Quality RO Industries IPO GMP Details
Quality RO Industries IPO Allotment Date & Details
The Quality RO Industries IPO allotment was scheduled for 04 February 2022. Investors who did not receive shares were scheduled to receive refunds from 07 February 2022.
Successful applicants were expected to receive their shares in their Demat accounts on 08 February 2022. The shares were scheduled to list on the BSE SME platform on 09 February 2022.
| IPO Event | Date |
|---|---|
| Allotment Date | 04 February 2022 |
| Initiation of Refunds | 07 February 2022 |
| Transfer of Shares to Demat Accounts | 08 February 2022 |
| Listing Date | 09 February 2022 |
| Check Allotment Status | Check IPO Allotment Status |
How to Check Quality RO Industries IPO Allotment Status?
Skyline Financial Services Private Limited handled the registrar activities for the Quality RO Industries IPO. Investors could check their allotment through the registrar’s IPO status page.
To check the status, investors could visit the Skyline IPO allotment page and enter the required application details. The registrar would then display the relevant allotment information.
Check Quality RO Industries IPO Allotment Status
Quality RO Industries IPO Registrar
Skyline Financial Services Private Limited acted as the registrar for the Quality RO Industries IPO.
D-153A, 1st Floor, Okhla Industrial Area Phase-I,
New Delhi – 110020, India
| Telephone | +91-11-40450193-197 |
| Fax | +91-11-26812683 |
| compliances@skylinerta.com | |
| Investor Grievance Email | grievances@skylinerta.com |
| Website | www.skylinerta.com |
| Contact Person | Mr. Alok Gautam |
| SEBI Registration Number | INE00003241 |
Quality RO Industries Contact Details
Quality RO Industries Limited was based in Vadodara, Gujarat.
Plot No. 09,
POR Industrial Park,
NH 08, Behind Sahayog Hotel,
Village POR, Vadodara – 391243,
Gujarat, India
| Telephone | +91-6358839303 |
| info@qualityro.in | |
| Website | www.qualityro.in |
Quality RO Industries IPO Lead Manager
Shreni Shares Private Limited acted as the lead manager for the Quality RO Industries IPO.
Office No. A-102, 1st Floor, Sea Lord CHSL,
Above Axis Bank, Ram Nagar, Borivali (West),
Mumbai – 400092, Maharashtra, India
| Telephone | +91-22-2808 8456 |
| shrenishares@gmail.com | |
| Investor Grievance Email | info@shreni.in |
| Website | www.shreni.in |
| Contact Person | Mr. Krunal Pipaliya |
| SEBI Registration Number | INM000012759 |
Quality RO Industries IPO: Investor Considerations
Quality RO Industries operated in the water purification equipment and components segment. Its business covered manufacturing, contract manufacturing, trading and logistics services.
Furthermore, the company served different requirements within the RO equipment and water softener market. Its product portfolio included components designed for use in RO plants and water purification systems.
However, investors should consider several factors before evaluating an SME company. These factors can include revenue growth, profitability, valuation, competition, customer concentration, liquidity and management execution.
In addition, investors should review the company’s prospectus and risk factors before making an investment decision. Historical IPO information can help with research, but it does not indicate future performance.
This page provides historical information about the Quality RO Industries IPO. Historical IPO data, GMP information and past financial figures should not be treated as a current investment recommendation.
Frequently Asked Questions About Quality RO Industries IPO
What was the Quality RO Industries IPO price?
The Quality RO Industries IPO price was ₹51 per share.
What was the Quality RO Industries IPO lot size?
The IPO lot size was 2,000 shares.
What was the minimum investment in Quality RO Industries IPO?
The minimum investment was ₹1,02,000, based on 2,000 shares at ₹51 per share.
When did the Quality RO Industries IPO open?
The IPO opened on 27 January 2022.
When did the Quality RO Industries IPO close?
The IPO closed on 01 February 2022.
When was the Quality RO Industries IPO allotment?
The IPO allotment was scheduled for 04 February 2022.
When was Quality RO Industries IPO listed?
The shares were scheduled to list on the BSE SME platform on 09 February 2022.
Who was the registrar of Quality RO Industries IPO?
Skyline Financial Services Private Limited was the registrar of the Quality RO Industries IPO.
Who was the lead manager of Quality RO Industries IPO?
Shreni Shares Private Limited acted as the lead manager of the Quality RO Industries IPO.
What was the Quality RO Industries IPO issue size?
The total issue size was ₹2.70 Crore, consisting entirely of a fresh issue.
Where was Quality RO Industries IPO listed?
The IPO was listed on the BSE SME platform.
What was the Quality RO Industries IPO GMP?
GMP information for this IPO should be treated as historical IPO-period information. Grey Market Premium is unofficial and does not guarantee the actual listing price.
