IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 🔥 120.61x | 1,683,000 | 202,982,000 | ₹21 Cr |
| NII (HNI) | 🔥 698.81x | 507,000 | 354,297,000 | ₹6 Cr |
| Retail | 🔥 441.19x | 1,182,000 | 521,482,000 | ₹15 Cr |
| Market Maker | — | 180,000 | — | ₹2 Cr |
| Σ Total | 🔥 319.92x | 3,372,000 | 1,078,761,000 | ₹43 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹127,000 |
| Retail (Max) | 13 | 13,000 | ₹1,651,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,778,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,509,000 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 40 | 55 | 38 |
| EBITDA | 7 | 8 | 5 |
| Profit After Tax | 5 | 5 | 3 |
| Net Worth | 19 | 14 | 9 |
| Total Assets | 72 | 58 | 43 |
| Reserves & Surplus | 20 | 15 | 10 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding the capital expenditure requirements of the company towards setting up a new manufacturing facility at Tiruppur- Tamil Nadu – 31.35
- General Corporate Purpose –
Company Overview
Qualiance International Limited is engaged in the design, engineering, manufacture and export of performance garments for institutional, government and brand clients in international markets.
The company 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 operate a manufacturing facility located in Tiruppur, Tamil Nadu with a total built up area of over 45,000 square feet over a land area of approximately 1,046.31 square meters and an installed capacity of 450,000 garment pieces per annum.
They have manufactured garments based on product specifications and compliance requirements of European military, government and institutional buyers.
Competitive Strengths:
- In-house manufacturing facility with quality control mechanism
- Widespread reach in international markets
- Integrated expertise in high performance technical garments