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Home/IPO/Qualiance International IPO
Updated: 10-Sep 22:36
Qualiance International

Qualiance International IPO

LISTEDNSE SME

Listing at: NSE SME • 406 - B Wing, Knox PlazaNext to Tangent ShowroomMindspace, Mal, ad WestMumbai, Maharashtra, 400064

Allotment status Not declared yet

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

Live GMP Today
₹81 (63.78%)
Rating:5/5
Est. Listing Price
₹208
Est. Gain: +63.8%
Est. Profit / Lot
₹81,000
Per Retail Application
Price Band
₹120 - ₹127
Face Value: ₹10
Min. Retail Inv.
₹1,27,000
Lot: 1000 Shares
Total Subscription
459.22x
Anchor: Yes

Qualiance International IPO GMP History

Genuine daily snapshots retained by the WeeStox backend

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

GMP dateIPO priceGMPPremiumEst. profit / lotSubscriptionMovement
10 Sept 2026₹127+₹8163.78%+₹81,000459.22x↑ Up
09 Sept 2026₹127+₹8062.99%+₹80,000459.22x↑ Up
07 Sept 2026₹127+₹6047.24%+₹60,00091.14x↑ Up
05 Sept 2026₹127+₹5543.31%+₹55,00013.78xFlat
04 Sept 2026₹127+₹5543.31%+₹55,000-Flat
03 Sept 2026₹127+₹5543.31%+₹55,000-Flat
02 Sept 2026₹127+₹5543.31%+₹55,000-Flat

Explore the complete GMP movement

Open the chart and all available daily records.

Qualiance International IPO Details

IPO Date03 Sept 2026 to 07 Sept 2026
Listing AtNSE SME
Face Value₹10 per share
Price Band₹120 - ₹127
Lot Size1000 Shares
Total Issue Size₹45.00 Cr(₹1,255.57 Cr)
Fresh Issue35.52L shares (₹43 Cr)
Offer for Sale (OFS)Nil
Issue TypeSME Issue

Qualiance International IPO Timetable

IPO Open Date03 Sept 2026
IPO Close Date07 Sept 2026
Basis of Allotment08 Sept 2026
Initiation of Refunds09 Sept 2026
Credit of Shares to Demat09 Sept 2026
Listing Date10 Sept 2026
Cut-off time for UPI Mandate5 PM on 07 Sept 2026
Employee Discount₹20.00/share (Up to 52,083 shares)

Qualiance International IPO Reservation

CategoryReservationShares Offered
QIB Shares Offered49.91%16,83,000
− Anchor Investor Shares Offered–10,09,000
− QIB (Ex. Anchor) Shares Offered–6,74,000
NII (HNI) Shares Offered15.04%5,07,000
− bNII > ₹10L Shares Offered–3,36,000
− sNII < ₹10L Shares Offered–1,71,000
Retail Shares Offered35.05%11,82,000
Market Maker Shares Offered–1,80,000

Qualiance International Anchor Details

PDF
Anchor Bid Date02 Sept 2026
Anchor Shares Offered10,09,000 Shares
Total Anchor Portion₹12.81 Cr
Lock-in 50% End Date07 Oct 2026 (30 Days)
Lock-in Rem. 50% Date06 Dec 2026 (90 Days)

Qualiance International IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)Reserved Applications
Individual investors (IND) (Min)2 Lots Shares₹2,54,000–
Individual investors (IND) (Max)2 Lots Shares₹2,54,000–
S-HNI (Min)3 Lots Shares₹3,81,000–
S-HNI (Max)7 Lots Shares₹8,89,000–
B-HNI (Min)8 Lots Shares₹10,16,000–

Qualiance International Promoter Holding

Pre-Issue HoldingDisclosed in RHP
Post-Issue HoldingTo be calculated

Qualiance International IPO Live Subscription Status

Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost
Overall Demand:459.22x
Investor CategoryShares OfferedShares BiddedSubscription Times
QIB16,83,000–0.00x
NII (HNI)––14.27x
Retail––33.28x
Market Maker––5.07x
Total––100.00x
− Anchor Investor––28.41x
− QIB (Ex. Anchor)––18.98x
− bNII > ₹10L––9.46x
− sNII < ₹10L––4.81x
QIB (Ex Anchor)6,74,00020,19,29,000299.60x
NII*5,07,00035,46,94,000699.59x
bNII (> ₹10L)3,36,00028,58,54,000850.76x
sNII (< ₹10L)1,71,0006,88,40,000402.57x
Individual Investor11,82,00052,85,08,000447.13x

Qualiance International Limited Financial Information (Restated Consolidated in ₹ Crores)

Period EndedAssetsTotal IncomeProfit After TaxEBITDANet WorthTotal Borrowing
30 Mar 2026₹68.99 Cr₹80.95 Cr₹11.87 Cr₹16.72 Cr₹24.74 Cr₹28.50 Cr
30 Mar 2025₹57.53 Cr₹55.06 Cr₹4.90 Cr₹7.97 Cr₹13.82 Cr₹29.71 Cr
30 Mar 2024₹43.14 Cr₹38.14 Cr₹2.84 Cr₹4.86 Cr₹8.92 Cr₹19.17 Cr

Qualiance International Key Valuation & Financial KPIs

ROE61.56%
ROCE37.33%
Debt / Equity1.15x
P/E (Post IPO)14.40
EBITDA Margin21.74%
Market Cap₹317.6 Cr

About Qualiance International Limited

Qualiance International IPO is a book build issue of ₹45.11 crores. The issue is entirely a fresh issue of 35.52 lakh shares of ₹45.11 crore.Qualiance International IPO bidding started from Sep 4, 2026 and ended on Sep 8, 2026. The allotment for Qualiance International IPO was finalized on Sep 9, 2026. The shares got listed on the NSE SME on Sep 11, 2026.Qualiance International IPO is set final issue price at ₹127 per share. The lot size for an application is 1,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,54,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹3,81,000.Hem Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Hem Finlease Pvt.Ltd.Refer to Qualiance International IPO RHP for detailed Information.

Incorporated in August 2006, Qualiance International Limited is engaged in the design, engineering, manufacture and export of performance and technical garments for institutional, government and brand clients in international markets. The Company originally commenced operations as a partnership firm, M/s. Qualiance Exports, in 1994 and was subsequently incorporated as Qualiance International Private Limited before being converted into a public limited company in December 2025. Its product portfolio includes military uniforms, tactical outerwear, high-visibility workwear, weather-resistant and all-weather outerwear, police and border patrol uniforms, protective workwear and performance activewear. The Company operates a manufacturing facility in Tiruppur, Tamil Nadu, with an installed capacity of 450,000 garment pieces per annum. The facility supports various manufacturing activities, including regular cut-and-sew operations and specialized processes such as seam sealing, bonded construction, ultrasonic welding, laser cutting and lamination. The Company manufactures both knitted and woven garments based on customer specifications, technical drawings, patterns and performance requirements. The Company primarily serves customers across Europe and North America, including government, institutional and brand clients. Its export-focused business contributed 98.82% of revenue from operations in Fiscal 2026. The Company follows quality and compliance standards applicable to international markets and holds certifications including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 14064-1:2018, SA 8000, GOTS and GRS, along with SEDEX SMETA audit compliance. The Company also holds the status of a Two Star Export House issued by the Government of India. As of June 30, 2026, the Company had 255 payroll employees across its manufacturing facility and office operations, supported by contractual labour engaged based on production requirements. • Strong export-focused business model. • Widespread reach across international markets. • Qualified and experienced Promoters and management team. • Integrated expertise in high-performance technical garments. • Specialized manufacturing capabilities for performance apparel. • Multiple international quality, safety and sustainability certifications. • Skilled workforce supporting manufacturing and operational capabilities. • In-house manufacturing facility supported by a quality control mechanism.

Shariah Compliance Screening (AAOIFI Standard 21)

Business ActivityRequires ReviewImpermissible Revenue ≤ 5%
Debt-to-Assets Ratio41.31%Threshold ≤ 33% of Assets
Purification GuidanceStandard 0.5%Donate interest dividend fraction
Auditor Notes: Sector information not available — cannot screen business activity

Qualiance International IPO Documents & Reports

Official prospectus, reports and regulatory filings
Document TitleAuthority / HostStatusAction
Red Herring Prospectus (RHP)
Complete offer document filed with ROC & SEBI
SEBI / ROCAvailable View RHP
Draft Red Herring Prospectus (DRHP)
Initial regulatory draft submitted for public comments
SEBI FilingsFiled View DRHP
Anchor Investor Allocation Report
Allotment list to institutional bidders
BSE / NSE CircularDisclosed Anchor PDF
IPO Allotment Status & Basis of Allotment
Registrar query portal via PAN / Application No.
MUFG Intime India Pvt.Ltd.Live Portal Check Allotment
Corporate Website & Investor Relations
Official portal and financial reports
Issuer PortalActive Visit Portal

Qualiance International IPO Registrar & Lead Managers

Registrar of the Issue
MUFG Intime India Pvt.Ltd.
022-49186000
Book Running Lead Managers (BRLM)
  • Hem Securities Ltd.
Registered Office

406 - B Wing, Knox PlazaNext to Tangent ShowroomMindspace, Mal, ad WestMumbai, Maharashtra, 400064