Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Qualiance International Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on March 30, 2026 to raise funds through Initial Public Offer (IPO).
Qualiance International Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.36 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Hem Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Qualiance International IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 35,52,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 35,52,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 99,00,000 shares |
| Share Holding Post Issue | 1,34,52,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Mar 30, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
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:
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 72.32 | 57.53 | 43.14 | 36.62 |
| Total Income | 40.38 | 55.06 | 38.14 | 36.16 |
| Profit After Tax | 5.49 | 4.90 | 2.84 | 1.58 |
| EBITDA | 7.48 | 7.97 | 4.86 | 2.98 |
| NET Worth | 19.31 | 13.82 | 8.92 | -2.32 |
| Reserves and Surplus | 19.67 | 14.54 | 10.41 | 3.17 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure requirements of the company towards setting up a new manufacturing facility at Tiruppur- Tamil Nadu | 31.35 |
| 2 | General Corporate Purpose | |
| Total | 31.35 |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 33.14% | 43.07% |
| ROCE | 16.74% | 21.16% |
| Debt/Equity | 1.64 | 1.15 |
| RoNW | 28.43% | 35.44% |
| PAT Margin | 14.27% | 9.23% |
| EBITDA Margin | 19.46% | 15.02% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100.00% |
Lead Manager Reports
Qualiance International IPO is a SME IPO of 35,52,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Qualiance International IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Qualiance International IPO using UPI as a payment gateway. Zerodha customers can apply in Qualiance International IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Qualiance International IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Qualiance International IPO dates are not announced. Please check back again after some time.
Qualiance International IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Qualiance International IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Qualiance International IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Qualiance International IPO allotment status.
The Qualiance International IPO listing date is not yet announced. The tentative date of listing is .
