Qualiance International IPO

Upcoming SME
Min Investment
₹2,54,000
2000 Shares
Min Investment
₹2,54,000 · 2000 Shares
Open Sept 04
Close Sept 08
Allotment Sept 09
Refund Sept 10
Listing Sept 11

Market Sentiment

+Rs 50
+39.4%
Est. Listing: Rs 177
Updated: Sept 01, 2026 6:29 pm
Subscription Status
Subscription data not available yet
This section updates automatically once data is available.
Analysis Score 81 / 100
Strong Subscribe
Data: 50%
GMP Score 85
Financial Health 71
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹120-127 per equity share
Face Value₹10 Per Equity Share
Lot Size 2000 shares (Min ₹2,54,000)
Total Issue Size ₹45.11 crore
Fresh Share₹45.11 crore
Issue TypeBook build Issue
Lead ManagerHem Securities Ltd.
RegistrarMUFG Intime India Pvt. Ltd.
Listing atNSE

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 2,000 ₹2,54,000
Retail Maximum 2 2,000 ₹2,54,000
S-HNI Minimum 3 3,000 ₹3,81,000
S-HNI Maximum 7 7,000 ₹8,89,000
B-HNI Minimum 8 8,000 ₹10,16,000
Budget to Lots Calculator

IPO Reservation

Reservation details not available yet
This section updates automatically once data is available.

Return Estimator (GMP*)

Category Investment Expected Profit
Retail Minimum ₹2,54,000 +₹1,00,000
Retail Maximum ₹2,54,000 +₹1,00,000
S-HNI Minimum ₹3,81,000 +₹1,50,000
S-HNI Maximum ₹8,89,000 +₹3,50,000
B-HNI Minimum ₹10,16,000 +₹4,00,000
GMP (Rumour*) +₹50
Exp. Listing ₹177
Return +39.4%
Estimates based on unofficial GMP data. Actual listing price may differ significantly.

Financial Analysis

Financial Data
EPS (Pre)
Rs 11.99
ROE
61.56%
ROCE
37.33%
RoNW
47.98%
EBITDA Margin
21.74%
Debt/Equity
1.15
NAV/Share
Rs 24.99
Revenue Growth
47.02%
Profit Margin
14.66%
Financial Performance
Metric 2024 2025 2026
Revenue 38.14 55.06 80.95
Expense 34.74 48.77 64.90
Profit (PAT) 2.84 4.90 11.87
Total Assets 43.14 57.53 68.99
Values in Crores (₹)
Peer Comparison
Company EPS P/E RoNW % NAV Income
Gokaldas Exports Limited 13.71 60.84 4.63 294.95 4,064.96 Cr
S P Apparels Limited 40.22 23.21 10.67 376.36 1,596.76 Cr
Promoters & Holding Pattern

Promoters: Vipul Badani, Bhoomin R Badani and Krupa Rajesh Badani

Strengths & Risks

Strengths
  • Strong grey-market premium — +39% over the issue price.
  • Revenue grew 47% in the latest reported year.
  • Solid profit margin — 14.7%.
  • Strong return on equity — 62%.
Risks & Concerns
  • Elevated leverage — debt/equity of 1.15.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

Objects of the Issue
Purpose Amount (Cr)
Funding the capital expenditure requirements of the company towards setting up a new manufacturing facility at Tiruppur- Tamil Nadu 31.35
General Corporate Purpose -

Resources & Documents

Anchor Investors
Anchor Bidding Date
August 03, 2026
Company Contact Information

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

Qualiance International IPO — Quick Take

Qualiance International has set a price band of Rs 120–Rs 127 per share for an issue size of Rs 45 crore. The SME issue is scheduled to open for subscription on September 04, 2026 — 2 days from now.

The issue is promoted by Vipul Badani, Bhoomin R Badani and Krupa Rajesh Badani with Hem Securities Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding the capital expenditure requirements of the company towards setting up a new manufacturing facility at Tiruppur-… (Rs 31 crore) and General Corporate Purpose.

Grey market is quoting a premium of +Rs 50 (+39.4% over issue price).

On fundamentals, the company is posting revenue growth of 47.0%, a profit margin of 14.7%, return on equity of 61.6% in its most recent reported period. Listed peers in this segment include Gokaldas Exports Limited (P/E 60.84x) and S P Apparels Limited (P/E 23.21x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.

Our data-driven engine currently flags this issue as a Strong Subscribe — the data suggests strong listing-day potential backed by healthy fundamentals. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

Frequently Asked Questions

The price band of Qualiance International IPO is Rs 120 to Rs 127 per share. Face value is Rs 10 per share.

The total issue size of Qualiance International IPO is Rs 45 crore, comprising fresh issue of Rs 45 crore.

Retail investors must apply for a minimum of 1 lot of 2000 shares, requiring an investment of Rs 2,54,000.

Qualiance International IPO opens for subscription on September 04, 2026 and closes on September 08, 2026. Anchor investor bidding is scheduled for August 03, 2026.

The expected allotment date for Qualiance International IPO is September 09, 2026. Refunds for unsuccessful applicants are expected on September 10, 2026.

Qualiance International IPO is scheduled to list on September 11, 2026 on NSE.

The current GMP (Grey Market Premium) of Qualiance International IPO is +Rs 50 (+39.4% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

The registrar for Qualiance International IPO is MUFG Intime India Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Qualiance International IPO are Hem Securities Ltd..

The promoter(s) of Qualiance International are Vipul Badani, Bhoomin R Badani and Krupa Rajesh Badani.

You can apply for Qualiance International SME IPO online before 08 Sept 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. The minimum retail investment is Rs 2,54,000 for 1 lot of 2,000 shares. Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for Qualiance International in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 1 lot of 2,000 shares) and bid at the cut-off price for the highest retail allotment chance. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized on T+1, the working day after the close date, and the shares list on T+3. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

Our data-driven analysis currently flags Qualiance International IPO as Strong Subscribe. Consider the IPO's GMP trend, subscription demand, financial health and industry valuation before applying. Full breakdown is available on this page. For how our scoring works, see our How We Recommend guide. This is informational and not investment advice — consult a SEBI-registered advisor.

Qualiance International IPO GMP — What It Means

The latest grey market premium for Qualiance International IPO is ₹50 (+39.4%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Qualiance International it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

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

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