Qualiance International Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹120 - ₹127
Per ShareLot Size
1000 Shares
Minimum Investment
₹1,20,000
Issue Size
₹45.11 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.05%
QIB Quota
49.91%
NII Quota
15.04%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Qualiance International Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
86.49%
Promoter Holding (Post-Issue)
63.66%
Issue Type
Book Building - SME
ISIN
INE1XJ401012
About the Company
We are engaged in the design, engineering, manufacture and export of performance garments for institutional, government and brand clients in international markets. We began operations as a partnership firm in 1994 and was incorporated as a company in 2006. Our product portfolio includes military uniforms, tactical outerwear, high-visibility workwear, weather-resistant and allweather outerwear, police and border patrol uniforms, protective workwear and performance activewear.
Company History
Our Company was originally incorporated as a Private Limited Company under the name of "Qualiance International Private Limited" on August 24, 2006, under the provisions of the Companies Act, 1956, with the Registrar of Companies, Mumbai I, Maharashtra, bearing CIN: U17299MH2006PTC164026. Subsequently, our Company was converted into a Public Limited Company vide Special Resolution passed by the Shareholders at the Extraordinary General Meeting, held on November 29, 2025 and consequently, the name of our Company was changed from "Qualiance International Private Limited" to "Qualiance International Limited" vide a fresh certificate of incorporation dated December 09, 2025 issued by the Registrar of Companies, Central Processing Centre bearing CIN: U17299MH2006PLC164026.
Growth Strategy
- Continue to invest in our technological capabilities.
- Focus on premium international brands.
- Focus on consistently meeting quality standards.
- Maintaining cordial relationships with our suppliers, customers and employees.
- Continue to strive for cost efficiency.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of upto 35,52,000* equity shares of face value of Rs. 10/- each (the "Equity Shares") of Qualiance International Limited ("The Company" or "QIL" or "The Issuer") at an issue price of Rs. 120-127 per equity share (including share premium of Rs. 110-117 per equity share) for cash, aggregating up to Rs. 42.62-45.11 Crores ("Public Issue") out of which 1,80,000* equity shares of face value of Rs. 10 each, at an issue price of Rs. 120-127 per equity share for cash, aggregating Rs. 2.16-2.29 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 33,72,000* equity shares of face value of Rs. 10 each, at an issue price of Rs. 120-127 per equity share for cash, aggregating up to Rs. 40.46-42.82 Crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.40% and 25.07% respectively of the post- issue paid-up equity share capital of the company. Price Band: Rs. 120 to Rs. 127 per equity share of face value of Rs. 10 each. The floor price (Rs.120) is 12.00 times the face value of the equity shares and the cap price (Rs.127) is 12.70 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- In-house manufacturing facility with quality control mechanism.
- Widespread reach in international markets.
- Integrated expertise in high performance technical garments.
- Qualified and Experienced Management Team.
- The company derives a significant portion of its revenue from the sale of woven garments. Any decline in the sales of the company's key product could have an adverse effect on its business, results of operations and financial condition.
- The company depends on a limited number of customers for its revenue from operations. Any failures to maintain relationships with such customers could adversely affect the company's revenue and financial condition.
- The company derives a majority portion of its revenues from exports and is subject to risk of international trade.
- The company's proposed expansion plans w.r.t. its new manufacturing facility being set up is subject to the risk of unanticipated delays in implementation and cost overruns.
- The company is subject to risks resulting from foreign exchange rate fluctuations, which could adversely affect its results of operations.