Qualitek Labs SME IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jan 18 to Jan 23, 2024
Price Band
₹100
Current GMP
₹190 (90%)
Subscription
58.95 times
IPO Details
| IPO Date | January 18, 2024 to January 23, 2024 |
| Listing Date | Monday, January 29, 2024 |
| Face Value | ₹10 per share |
| Price | ₹100 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 1,964,400 shares (aggregating up to ₹19.64 Cr) |
| Fresh Issue | 1,964,400 shares (aggregating up to ₹19.64 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 5,407,500 |
| Share holding post issue | 7,371,900 |
| Market Maker portion | 99,600 shares Nikunj Stock Brokers |
IPO Date
January 18, 2024 to January 23, 2024
Listing Date
Monday, January 29, 2024
Face Value
₹10 per share
Price
₹100 per share
Lot Size
1200 Shares
Total Issue Size
1,964,400 shares (aggregating up to ₹19.64 Cr)
Fresh Issue
1,964,400 shares (aggregating up to ₹19.64 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME
Share holding pre issue
5,407,500
Share holding post issue
7,371,900
Market Maker portion
99,600 shares Nikunj Stock Brokers
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers* | 69.37 |
| Retail Investors | 39.23 |
| Total ** | 58.95 |
Market Maker
1
Non-Institutional Buyers*
69.37
Retail Investors
39.23
Total **
58.95
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Jan 18, 2024 | 0.06 | 0.64 | 0.35 |
| Day 2 Jan 19, 2024 | 1.60 | 10.11 | 7.86 |
| Day 3 Jan 23, 2024 | 69.37 | 39.23 | 58.95 |
DayDay 1
Jan 18, 2024
NII*0.06
Retail0.64
Total0.35
DayDay 2
Jan 19, 2024
NII*1.60
Retail10.11
Total7.86
DayDay 3
Jan 23, 2024
NII*69.37
Retail39.23
Total58.95
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 29-01-2024 | 100.00 | 60 (60%) | 160 |
| 28-01-2024 | 100.00 | 60 (60%) | 160 |
| 27-01-2024 | 100.00 | 60 (60%) | 160 |
| 26-01-2024 | 100.00 | 60 (60%) | 160 |
| 25-01-2024 | 100.00 | 60 (60%) | 160 |
| 24-01-2024 | 100.00 | 68 (68%) | 168 |
| 23-01-2024 | 100.00 | 15 (15%) | 115 |
| 22-01-2024 | 100.00 | 15 (15%) | 115 |
| 21-01-2024 | 100.00 | 15 (15%) | 115 |
| 20-01-2024 | 100.00 | 15 (15%) | 115 |
| 19-01-2024 | 100.00 | 0 (0%) | 100 |
| 18-01-2024 | 100.00 | 0 (0%) | 100 |
| 17-01-2024 | 100.00 | 0 (0%) | 100 |
Date29-01-2024
Price100.00
GMP60 (60%)
Estimate List Price160
Date28-01-2024
Price100.00
GMP60 (60%)
Estimate List Price160
Date27-01-2024
Price100.00
GMP60 (60%)
Estimate List Price160
Date26-01-2024
Price100.00
GMP60 (60%)
Estimate List Price160
Date25-01-2024
Price100.00
GMP60 (60%)
Estimate List Price160
Date24-01-2024
Price100.00
GMP68 (68%)
Estimate List Price168
Date23-01-2024
Price100.00
GMP15 (15%)
Estimate List Price115
Date22-01-2024
Price100.00
GMP15 (15%)
Estimate List Price115
Date21-01-2024
Price100.00
GMP15 (15%)
Estimate List Price115
Date20-01-2024
Price100.00
GMP15 (15%)
Estimate List Price115
Date19-01-2024
Price100.00
GMP0 (0%)
Estimate List Price100
Date18-01-2024
Price100.00
GMP0 (0%)
Estimate List Price100
Date17-01-2024
Price100.00
GMP0 (0%)
Estimate List Price100
IPO Important Dates
| IPO Open Date | Thursday, January 18, 2024 |
| IPO Close Date | Tuesday, January 23, 2024 |
| Basis of Allotment | Wednesday, January 24, 2024 |
| Initiation of Refunds | Thursday, January 25, 2024 |
| Credit of Shares to Demat | Thursday, January 25, 2024 |
| Listing Date | Monday, January 29, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 23, 2024 |
IPO Open Date
Thursday, January 18, 2024
IPO Close Date
Tuesday, January 23, 2024
Basis of Allotment
Wednesday, January 24, 2024
Initiation of Refunds
Thursday, January 25, 2024
Credit of Shares to Demat
Thursday, January 25, 2024
Listing Date
Monday, January 29, 2024
Cut-off time for UPI mandate confirmation
5 PM on January 23, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹120,000 |
| Retail (Max) | 1 | 1200 | ₹120,000 |
| HNI (Min) | 2 | 2,400 | ₹240,000 |
ApplicationRetail (Min)
Lots1
Shares1200
Amount₹120,000
ApplicationRetail (Max)
Lots1
Shares1200
Amount₹120,000
ApplicationHNI (Min)
Lots2
Shares2,400
Amount₹240,000
Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 4,409.68 | 3,955.61 | 2,219.86 |
| Revenue | 1,250.74 | 1,935.13 | 1,201.73 |
| Profit After Tax | 200.93 | 296.91 | 113.57 |
| Net Worth | 1,187.46 | 986.52 | 189.61 |
| Reserves and Surplus | 646.71 | 445.77 | 143.61 |
| Total Borrowing | 2,499.59 | 2,344.67 | 1,728.68 |
Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 20234,409.68
31 Mar 20233,955.61
31 Mar 20222,219.86
Period EndedRevenue
30 Sep 20231,250.74
31 Mar 20231,935.13
31 Mar 20221,201.73
Period EndedProfit After Tax
30 Sep 2023200.93
31 Mar 2023296.91
31 Mar 2022113.57
Period EndedNet Worth
30 Sep 20231,187.46
31 Mar 2023986.52
31 Mar 2022189.61
Period EndedReserves and Surplus
30 Sep 2023646.71
31 Mar 2023445.77
31 Mar 2022143.61
Period EndedTotal Borrowing
30 Sep 20232,499.59
31 Mar 20232,344.67
31 Mar 20221,728.68
Key Performance Indicator
| ROE | 50.49% |
| ROCE | 13.76% |
| RoNW | 30.10% |
| P/BV | 4.04 |
| EPS (Rs) | 5.49 |
ROE
50.49%
ROCE
13.76%
RoNW
30.10%
P/BV
4.04
EPS (Rs)
5.49
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 99,600 (5.07%) |
| Other Shares Offered | 932,400 (47.46%) |
| Retail Shares Offered | 932,400 (47.46%) |
| Total Shares Offered | 1,964,400 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
99,600 (5.07%)
Other Shares Offered
932,400 (47.46%)
Retail Shares Offered
932,400 (47.46%)
Total Shares Offered
1,964,400 (100%)
Information about company
Founded in 2018, Qualitek Labs Limited provides testing, inspection, homologation, certification, and consulting services.
The company's laboratory services include:
Automotive Testing
Defence Product Testing
Metals & Metallurgy Testing
Mineral Testing
Environment & Water Testing
Food and Agriculture Testing
Pharma & Healthcare
They 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.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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