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SME · NSE
Qualiance International IPO

Qualiance International IPO

Qualiance International IPO

Overview

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 opens for subscription on Sep 4, 2026 and closes on Sep 8, 2026. The allotment for the Qualiance International IPO is expected to be finalized on Sep 9, 2026. Qualiance International IPO will list on the NSE SME with a tentative listing date fixed as Sep 11, 2026. Qualiance International IPO is set issue price band at ₹120 to ₹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.

Total Shares

35,52,000

Issue Size

₹45 Cr

Price Band

120 – ₹127

Lot Size

1000 shares

Min. Investment

1,27,000

Max. Investment

1,27,000

Open Date

04 Sep, 2026

Close Date

08 Sep, 2026

Allotment

09 Sep, 2026

Listing

11 Sep, 2026

Announced

04 Sep, 2026

Opening Date

04 Sep, 2026

Closing Date

08 Sep, 2026

Basis of Allotment

09 Sep, 2026

Initiation of Refunds

10 Sep, 2026

Credit of Shares

10 Sep, 2026

Listing Date

11 Sep, 2026

Live GMP

Est. Listing: ₹177

50

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About Qualiance International IPO

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 por

Qualiance International IPO Share Price

Issue Breakdown

Total Issue35,52,000 shares₹45 Cr
Fresh Issue33,72,000 shares₹43 Cr
Offer for Sale0 shares

Shareholding

Pre-Issue99,00,000
Post-Issue1,34,52,000

Dilution: 35.9% increase in shares

Qualiance International IPO Financial Health

Qualiance International Ltd.'s revenue increased by 47% and profit after tax (PAT) rose by 142% between the financial year ending with March 31, 2026 and March 31, 2025.

Qualiance International IPO Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.

ApplicationLotsSharesAmount
Individual investors (IND) (Min)220002,54,000
Individual investors (IND) (Max)220002,54,000
S-HNI (Min)330003,81,000
S-HNI (Max)770008,89,000
B-HNI (Min)8800010,16,000

(All values in CR)

Qualiance International IPO Valuations

MetricValue
ROE61.56
ROCE37.33
Debt/Equity1.15
RoNW47.98
PAT Margin15.44
EBITDA Margin21.74
NAV24.99
Price to Book Value5.08

(All values in CR)

Qualiance International IPO Strength & Risk

+Strengths

Qualiance International IPO Strength

  • Specialised expertise in high-performance technical garments
  • In-house manufacturing with advanced processes such as seam sealing, laser cutting and ultrasonic welding
  • More than 20 years of experience supplying uniforms and outerwear to the Swiss Government and other institutional buyers
  • Strong presence in international export markets
  • Experienced promoters and management team
  • Existing manufacturing facility with established production capabilities
  • Opportunity to expand manufacturing capacity through a new facility in Tiruppur
!Risks

Qualiance International IPO Risk

  • High dependence on a limited number of customers
  • Significant dependence on the Swiss market and Swiss Government orders
  • Majority of revenue comes from exports, exposing the company to currency and international trade risks
  • Dependence on purchase orders rather than long-term binding customer contracts
  • Reliance on a limited number of suppliers for raw materials
  • Imported raw materials expose the company to supply-chain and cost risks
  • New manufacturing facility faces execution, approval and commissioning risks
  • Outstanding legal and regulatory matters could affect financial performance
  • Rising working-capital requirements may put pressure on cash flows

Qualiance International IPO GMP

Qualiance International SME IPO last GMP is ₹50, last updated Sep 2nd 2026 12:00 PM. With the upper price band of ₹127.00, Qualiance International SME IPO's estimated listing price is ₹177 (cap price + today's GMP). The expected percentage gain/loss per share is 39.37%. >> Qualiance International SME IPO Retail Subject to Sauda: ₹38000

+50+39.4%

Last updated 02 Sep, 2026 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
02 Sep, 2026127₹50-₹177 (39.37%)5000002 Sep, 2026
01 Sep, 2026127₹50-₹177 (39.37%)5000001 Sep, 2026

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for Qualiance International IPO

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find Qualiance International IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.

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