QVC Exports IPO

QVC Exports Limited is a company specialising in the trade of ferro alloys and raw materials crucial for steel manufacturing. The company deals in various types of ferro alloys, such as high carbon silico manganese, low carbon silico manganese, high carbon ferro manganese, high carbon ferro chrome, and ferro silicon.

QVC Exports has developed a unique business model where it procures raw materials like manganese ore, chrome ore, and coke for manufacturers of ferro alloys and then purchases and resells the finished products to both domestic and international steel manufacturers. This inward and outward approach has allowed QVC Exports to build a robust and reliable customer and supplier base, effectively serving manufacturers at different stages of the steel supply chain.

As of March 31, 2024, 82.95% of the company’s revenue came from export operations, with its products reaching markets in Taiwan, Japan, Bangladesh, Vietnam, Thailand, Turkey, Afghanistan, Korea, Italy, Ukraine, the United Kingdom, Belgium, and Oman, among others. The company imports manganese ore and manganese ore lumps from reputable suppliers in Hong Kong and France.

QVC Exports is committed to quality and uses independent inspection agencies like Bureau Veritas, IRA, and SGS to ensure that products meet the highest standards. The company also has a rigorous supplier selection process, which includes visiting mines and manufacturing units to verify quality practices. This dedication to quality has earned QVC Exports ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications from Bureau Veritas. The company’s financial performance has shown significant growth, with revenues and profits increasing steadily over recent fiscal years.

QVC Exports IPO Strengths

• QVC Exports Limited has long-standing relationships with key customers and suppliers, boosting its reputation in the refractory industry.
• The company ensures top-notch quality in its products through rigorous checks and independent inspections, enhancing customer satisfaction.
• QVC Exports offers a wide range of products, allowing it to cater to a diverse clientele across various industries.
• The Company benefits from experienced promoters and a professional management team, driving growth and market expansion.
• QVC Exports reduces warehousing and storage costs by supplying products directly from suppliers to customers, increasing revenue margins.
• The company focuses on improving operational efficiencies to enhance competitiveness and increase market share.

QVC Exports IPO Risks

• QVC Exports Limited may face significant business disruption if adverse orders arise from ongoing GST inquiries.
• The company’s lack of long-term contracts with customers poses a risk to revenue stability.
• The company’s profitability is vulnerable to price fluctuations in traded products.
• A downturn in the steel industry could severely impact QVC Exports Limited’s business operations.
• Failure to maintain or renew necessary licenses could disrupt QVC’s operations.
• The company’s revenue is heavily dependent on export markets, exposing it to geopolitical and economic risks.