Issue Price
₹127
Per Share
GMP
+₹80
+62.99% Grey Market
Est. Listing
₹207
Expected Price
Min. Application
₹254,000
2 lots × 1000 shares
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 mechanismWidespread reach in international marketsIntegrated expertise in high performance technical garments
Qualiance International Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1,683,000 | — | ₹21.37 Cr | 120.61x |
| NII / HNI | 507,000 | — | ₹6.44 Cr | 698.81x |
| Retail (RII) | 1,182,000 | — | ₹15.01 Cr | 441.19x |
| Market Maker | 180,000 | — | ₹2.29 Cr | — |
| TOTAL | 3,372,000 | 100.00% | ₹42.82 Cr | 319.92x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹127,000 |
| Retail (Max) | 13 | 13,000 | ₹1,651,000 |
| sNII (Min) | 14 | 14,000 | ₹1,778,000 |
| bNII (Min) | 68 | 68,000 | ₹8,636,000 |
| Particulars | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 40.38 | 55.06 | 38.14 |
| EBITDA | 7.48 | 7.97 | 4.86 |
| Profit After Tax (PAT) | 5.49 | 4.90 | 2.84 |
| Net Worth | 19.31 | 13.82 | 8.92 |
| Total Assets | 72.32 | 57.53 | 43.14 |
| Reserves & Surplus | 19.67 | 14.54 | 10.41 |
| Total Borrowings | N/A | N/A | N/A |