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QI

Qualiance International Limited IPO

ListedSME

Textile and Apparel · ₹120 – ₹127 · ₹45.11 Cr

Last updated: 06 Nov 2026, 11:18 am · 3d ago
Price Band₹120 – ₹127
Lot Size—
Issue Size₹45.11 Cr
  • Overview
  • Timeline
  • Subscription
  • Financials
  • Valuation
  • Documents

About Qualiance International LimitedCAPITA1

Sector: Textile and ApparelHeadquarters: Mumbai, Maharashtra, IndiaFounded: 2006

Qualiance International Limited is engaged in the design, engineering, manufacture, and export of performance garments. It produces military uniforms, tactical outerwear, high-visibility workwear, weather-resistant and all-weather outerwear, police and border patrol uniforms, protective workwear, and performance activewear for institutional, government, and brand clients in international markets. It operates in the Textile and Apparel industry. The company was founded in 2006 and is based in Mumbai, Maharashtra, India.

The company manufactures garments based on client specifications and compliance requirements, primarily deriving revenue from exports to international markets. Its main products and services include Knitted garments (t-shirts, lowers, innerwear, sportswear), Woven garments (shirts, trousers, jackets, uniforms), Technical outerwear and High-visibility workwear.

In its offer document the company lists its strengths as in-house manufacturing facility with quality control mechanism, widespread reach in international markets and integrated expertise in high-performance technical garments.

  1. 4 Sep 2026Open Date
  2. 8 Sep 2026Close Date
  3. 9 Sep 2026Allotment Date
  4. 11 Sep 2026Listing Date

Check your allotment

MUFG Intime India — allotment statusBSE allotment statusNSE allotment status

These open the registrar's and the exchanges' own websites. Qualiance International Limited is not affiliated with CAPITA1, and we never ask for your PAN or application number.

IPO Snapshot
—/ 100
Opportunity Score
🟢 Attractive
Broker Consensus
Not Available
GMP %
N/A
Subscription
N/A
P/E
10.59x
ROE
61.56%
ROCE
37.33%
DRHP RHP

“Broker Consensus” is CAPITA1's algorithmic verdict from GMP, subscription, fundamentals & valuation — broker recommendations aren't in our data feed. GMP is an unofficial grey-market estimate. Not investment advice.

CAPITA1 Analysis

Founded
2006
Headquarters
Mumbai, Maharashtra, India

Curated by CAPITA1 · Updated 5 Sept 2026 by CAPITA1 desk (composed from filing)

For educational purposes only. Not investment advice.

Qualiance International Limited IPO valuation · at upper band ₹127

🟢 Attractive
Market Cap (Post-IPO)
Not Available
Market Cap (Pre-IPO)
Not Available
Enterprise Value
Not Available
Earnings Per Share (EPS)
₹11.99
Net Asset Value per Share (NAV)
₹24.99
Price to Earnings (P/E) at upper band
10.59x
Price to Book (P/B)
5.08x
EV / EBITDA
Not Available
Return on Net Worth (RoNW)
47.98%
Return on Equity (ROE)
61.56%
Return on Capital Employed (ROCE)
37.33%
Debt / equity
1.15
Formulas used (all at upper price band)
  • Market Cap (Post-IPO) = Upper Price × Post-issue Shares (Shares = Latest FY PAT ÷ EPS)
  • Market Cap (Pre-IPO) = Post-IPO Market Cap − Fresh Issue
  • Enterprise Value = Market Cap + Total Debt − Cash (cash assumed nil)
  • Total Debt = Debt/Equity × Net Worth
  • Net Worth = NAV (Book Value/Share) × Post-issue Shares
  • P/E Ratio = Upper Price ÷ EPS
  • P/B Ratio = Upper Price ÷ NAV
  • EV / EBITDA = Enterprise Value ÷ EBITDA

Company financials (EPS, NAV, ratios) from Issuer DRHP figures, compiled from public IPO listings. Ratios computed at the upper price band; not investment advice.

AI IPO AnalysisAI

DRHP / RHP IntelligenceAI

Generate an AI read of the offer document — business, risks, promoters, use of funds and an educational verdict, with citations back into the filing.

GMP (Grey Market Premium)

Not available — already listed.

No exchange publishes a grey-market premium; this is not investment advice.

Subscription

Subscription figures are not available for this issue.

Timeline

Open Date
04 Sept 2026
Close Date
08 Sept 2026
Allotment
09 Sept 2026
Refund
10 Sept 2026
Demat Credit
10 Sept 2026
Listing
11 Sept 2026

Lot Size & Offer

Lot Size
Not Available
Min Investment
Not Available
Fresh Issue
Not Available
Offer for Sale
Not Available

Issue Structure

Issue Type
Book Building
Face Value
₹10
Fresh Issue
35,52,000 shares

New shares — the money goes to the company.

As stated in the issue information filed with NSE.

Reservation

QIB
47.39%
NII / HNI
14.27%
Retail
33.28%
Employee
Not Available

Objectives of the Issue

  • Funding the capital expenditure requirements of the company towards setting up a new manufacturing facility at Tiruppur- Tamil Nadu
  • General Corporate Purpose

Financial Highlights (₹ Cr)

Not Available

Revenue Growth
Not Available
PAT Growth
Not Available
EBITDA
Not Available
EBITDA Margin
21.74%
ROE
61.56%
ROCE
37.33%
Debt / equity
1.15
Net Worth
Not Available

Promoter Holding

Pre-Issue
Not Available
Post-Issue
Not Available

Registrar & Managers

Registrar
MUFG Intime India Private Limited
Contact Person
Shanti Gopalkrishnan
Email
qualiance.smeipo@in.mpms.mufg.com
Phone
+91 810 811 4949
Address
C 101, Embassy 247, L B S Marg, Vikhroli West, Mumbai 400083, India
Book Running Lead Managers
  • Hem Securities Limited

Offer Documents

RHP DRHP Basis of Issue Price Anchor Allocation

Market data: NSE (official calendar, issue filing and subscription) · CAPITA1 desk (GMP) · updated 06 Nov 2026, 11:18 am

Fundamentals: Issuer DRHP figures, compiled from public IPO listings · fetched 14 Sept 2026, 09:10 am

Corrected by CAPITA1: Sector · 05 Sept 2026, 12:54 pm

IPO calendar, issue details and subscription from NSE. Any grey-market premium shown is CAPITA1’s own unofficial estimate, collected daily from grey-market sources — not investment advice, and no exchange publishes one. Company fundamentals (financials, peers) are not part of the live feed.

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