Qualitek Labs Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

18 Jan 2024

Close Date

23 Jan 2024

Allotment

24 Jan 2024

Listing Date

29 Jan 2024

Exchange

BSE SME

Price Band

₹100

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹100

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

19,64,400 shares (aggregating up to ₹19.64 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹120,000

1 lot

Pre-IPO Holding

54,07,500 shares

Promoters

Post-IPO Holding

73,71,900 shares

Promoters

P/E (Pre)

18.21x

P/E (Post)

18.34x

EPS (Pre)

₹5.49

EPS (Post)

₹5.45

UPI Deadline

2024-01-23

Mandate

Anchor AllotmentWed, 17 Jan 2024

Basis of AllotmentWed, 24 Jan 2024

Refund InitiationThu, 25 Jan 2024

Demat CreditThu, 25 Jan 2024

Listing DayMon, 29 Jan 2024

UPI Mandate Deadline2024-01-23

Sale TypeFresh Capital

Net Offer to Public18,64,800 shares (aggregating up to ₹18.65 Cr)

Market Maker Quota99,600 shares (aggregating up to ₹0.9960 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Qualitek Labs Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 23 Jan 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	99,600	—	₹1.00
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,964,400	100%	₹19.64

IPO Shares Offered

Qualitek Labs Ltd IPO total issue size: ₹19.64 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	99,600	₹1.00	5.07%
Total	1,964,400	₹19.64	100.00%

* Based on upper price band ₹100 per share

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹100.00

Upper Band

Min Investment

₹120,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹240,000
Retail (Max — 13 Lots)	13	15,600	₹1,560,000
S-HNI (Min — 14 Lots)	14	16,800	₹1,680,000
B-HNI (Min — 68 Lots)	68	81,600	₹8,160,000

* Issue Price ₹100 × Lot Size 1,200 shares

IPO Schedule

Anchor

17 Jan 2024

✓ Done

IPO Open

18 Jan 2024

✓ Done

IPO Close

23 Jan 2024

✓ Done

Allotment

24 Jan 2024

✓ Done

Refunds

25 Jan 2024

✓ Done

Demat Credit

25 Jan 2024

✓ Done

Listing Day

29 Jan 2024

✓ Done

₹100.00

INR · BSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹100.00 Live Price

About Qualitek Labs Ltd

Founded in 2018, Qualitek Labs Limited provides testing, inspection, homologation, certification, and consulting services.The company's laboratory services include:Automotive TestingDefence Product TestingMetals & Metallurgy TestingMineral TestingEnvironment & Water TestingFood and Agriculture TestingPharma & HealthcareThey collaborate with industries such as automotive, defence, metals and metallurgy, environment and water, minerals, food and agriculture, and pharma and healthcare.The company has two testing laboratories in Pune and Bhubaneshwar.As of Jan 2024, the company has a total of 144 employees.

Objects of the Issue

Funding capital expenditure towards the installation of plant and machinery for new & existing laboratories and expansion of laboratories;

Repayment of unsecured loans to Promoter;

Funding of working capital requirements; and

General corporate purposes.

Qualitek Labs Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹1,201.7

31 Mar 2022

₹1,935.1

31 Mar 2023

₹1,250.7

30 Sep 2023

Profit After Tax (PAT)

₹113.6

31 Mar 2022

₹296.9

31 Mar 2023

₹200.9

30 Sep 2023

Particulars	30 Sep 2023	31 Mar 2023	31 Mar 2022
Revenue from Operations	1250.74	1935.13	1201.73
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	200.93	296.91	113.57
Net Worth	1187.46	986.52	189.61
Total Assets	4409.68	3955.61	2219.86
Reserves & Surplus	646.71	445.77	143.61
Borrowings	2499.59	2344.67	1728.68
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

P/BV Ratio

4.04

RoE

50.49%

RoCE

13.76%

RoNW

30.10%

Issue Structure & Shareholding

Total Shares Offered19,64,400 (100.00%)

Net Offer to Public18,64,800 shares (aggregating up to ₹18.65 Cr)

Reserved for Market Maker99,600 shares (aggregating up to ₹0.9960 Cr)

Pre-Issue Promoter Holding54,07,500 shares

Post-Issue Promoter Holding73,71,900 shares

P/BV Ratio4.04

RoE50.49%

RoCE13.76%

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Skyline Financial Services Pvt.Ltd

02228511022

ipo@skylinerta.com

https://www.skylinerta.com/ipo.php

Check Allotment

Book Running Lead Managers

Oneview Corporate Advisors Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Qualitek Labs Ltd IPO subscribed? ▲

Qualitek Labs Ltd IPO is subscribed 1.00 times by Jan 23, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Qualitek Labs Ltd IPO retail subscription status? ▼

The Qualitek Labs Ltd IPO retail category is subscribed 1.00 times as of 23 Jan 2024. The retail portion is oversubscribed.

How to subscribe Qualitek Labs Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 18 Jan 2024 and closes 23 Jan 2024. Min investment: ₹120,000 (1 lot = 1,200 shares). UPI mandate: 2024-01-23.

How many times Qualitek Labs Ltd IPO subscribed? ▼

The Qualitek Labs Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Qualitek Labs Ltd IPO allotment? ▼

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 24 Jan 2024. Refunds: on 25 Jan 2024.

When Qualitek Labs Ltd IPO will be listed? ▼

The Qualitek Labs Ltd IPO listing date is 29 Jan 2024, Monday. Listed on: BSE SME. Issue price: ₹100. Estimated listing: ₹100. GMP: NIL.

When Qualitek Labs Ltd IPO close? ▼

The Qualitek Labs Ltd IPO closes on 23 Jan 2024, Tuesday. UPI mandate: 2024-01-23. Allotment: 24 Jan 2024. Listing: 29 Jan 2024.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹100.00

Change—

Issue Price₹100.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹100

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹120,000

GMPNIL

Est. Listing₹100

Subscribed1.00x

Open Date18 Jan 2024

Close Date23 Jan 2024

Allotment24 Jan 2024

Listing Date29 Jan 2024

ExchangeBSE SME

UPI Deadline2024-01-23