Qualiance International IPO

Qualiance International Ltd. (QIL) is engaged in the design, engineering, manufacture and export of performance garments for institutional, government and brand clients in international markets. 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 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. The facility supports garment manufacturing activities from raw material sourcing and fabric development through external suppliers to the production of finished garments. Apart from the regular cut and sew operations in the manufacturing cycle, it also carries out specialized processes including seam sealing, bonded construction, ultrasonic welding, laser cutting and lamination. Over the past two decades, QIL has manufactured garments based on product specifications and compliance requirements of European military, government and institutional buyers. Its operations focus on the production of garments developed based on client specifications and performance requirements. It has maintained relationships with Swiss government and institutional clients. Its revenue from the sale of manufactured products is primarily derived from exports, which accounted for 98.82% for FY 2026, 93.87% for FY 2025 and 87.77% for FY 2024 of total revenue from operations.Its client base is located across Europe, including Switzerland, and North America, including the United States. The company supplies garments to the various department of Government of Switzerland and European brands. For all stages of operations from sample development to shipment, it follows quality standards applicable in European markets. Its manufacturing facility includes a quality control system to monitor product standards. All fabrics and accessories used in production comply with international requirements, and test reports from recognized laboratories are obtained to support compliance. The designs for the technical garments manufactured by the Company are provided by the customers. The Company manufactures such garments in accordance with the designs, specifications, technical drawings, patterns and quality requirements communicated by its customers from time to time. Further, during the design finalization and pre-production stages, the Company may provide design inputs and technical suggestions to its customers based on its knowledge of garment construction, manufacturing processes, and supply-chain and sourcing capabilities relating to fabrics, trims and accessories. However, the final design specifications and approvals remain with the respective customers. As of June 30, 2026, it had 255 employees on its payroll.

Qualiance International Ltd., 406 – B Wing, Knox Plaza,, Next to Tangent Showroom,, Mindspace, Mal, ad West,, Mumbai, Maharashtra, 400064

Qualiance International IPO GMP — What It Means

GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 63.8%. Of the 32 SME IPOs we have tracked with a final GMP of 25% or more, 32 listed above, 0 flat and 0 below the issue price; Qualiance International listed 77.1% above its issue price.

See the full Qualiance International GMP history and trend, or learn how grey market premium works and how reliable it is.