{"id":3675,"date":"2024-08-28T11:10:25","date_gmt":"2024-08-28T05:40:25","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=3675"},"modified":"2024-08-28T11:10:25","modified_gmt":"2024-08-28T05:40:25","slug":"qvc-exports-shares-debut-with-an-87-premium-on-nse-sme-followed-by-profit-booking","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/qvc-exports-shares-debut-with-an-87-premium-on-nse-sme-followed-by-profit-booking\/","title":{"rendered":"QVC Exports Shares Debut with an 87% Premium on NSE SME, Followed by Profit Booking"},"content":{"rendered":"\n<p>QVC Exports made a strong debut on the NSE SME platform, listing at Rs 161 per share\u2014an 87% premium over its IPO price of Rs 86. Despite the impressive start, the stock experienced profit booking, pulling it down to a low of Rs 152.95.<\/p>\n\n\n\n<p>The grey market had estimated the listing to be even higher at 105% premium. QVC Exports IPO received stupendous response and the offer was subscribed 535 times. Retail investors bid 418.64 times their reserved portion, while subscription was 596.57 times in the other category.<\/p>\n\n\n\n<p>Incorporated in 2005, QVC Exports is principally engaged in the business of trading in ferroalloys. A significant part of its revenues is contributed by exports. The company proposes to deploy the IPO proceeds for repayment of loans, working capital, and general corporate purposes.<\/p>\n\n\n\n<p><em>Do&nbsp;you have a news tip for Lakshmishree reporters? Please email us at&nbsp;<\/em>media@lakshmishree.com<\/p>\n\n\n\n<p><sub><sup>Source:\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/business\/ipo\/qvc-exports-stages-stellar-debut-lists-at-87-premium-on-nse-sme-12808487.html\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/ipo\/qvc-exports-stages-stellar-debut-lists-at-87-premium-on-nse-sme-12808487.html\" target=\"_blank\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>QVC Exports made a strong debut on the NSE SME platform, listing at Rs 161 per share\u2014an 87% premium over its IPO price of Rs 86. Despite the impressive start, the stock experienced profit booking, pulling it down to a low of Rs 152.95. The grey market had estimated the listing to be even higher [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3676,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[297],"class_list":["post-3675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-quc-export"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/3675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=3675"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/3675\/revisions"}],"predecessor-version":[{"id":3677,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/3675\/revisions\/3677"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/3676"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=3675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=3675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=3675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}