Qualiance International Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹68(53.54%)
Premium (ELP)
The Initial Public Offering of Qualiance International Limited's culminated in its successful listing on Sep 11, 2026 at the NSE trading platform. The company secured 35,52,000 Shares through this capital market exercise, with 35,52,000 Shares allocated to new capital formation.
Investors participated within the price parameters of ₹120 to ₹127, with minimum investment requirements of 1000 shares. The subscription period from Sep 04, 2026 to Sep 08, 2026 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Sep 09, 2026. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Qualiance International Limited is involved in designing, engineering, manufacturing, and exporting performance garments for institutional, government, and branded clients in global markets. Its product range includes military uniforms, tactical outerwear, high-visibility workwear, all-weather jackets, police and border patrol uniforms, protective clothing, and activewear. The company operates a manufacturing facility in Tiruppur, Tamil Nadu, with a built-up area of over 45,000 square feet and an annual production capacity of around 4.5 lakh garments. It mainly manufactures products based on strict specifications and compliance standards required by European military, government, and institutional customers.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Integrated Manufacturing & Quality Control: The company has an integrated manufacturing facility with in-house quality control systems, helping maintain consistent product quality and meet customer requirements.
- Strong International Presence: The company supplies garments to government, institutional and branded customers in international markets. Its export-focused business helps diversify its customer base across different regions.
- Expertise in Technical Garments: The company specialises in designing and manufacturing high-performance technical garments. Its ability to meet strict military and institutional quality standards gives it a strong position in niche export markets.
- Dependence on Woven Garment Sales: A significant portion of the company’s revenue comes from woven garments. Any decline in demand for this product category could negatively affect its business and financial performance.
- Customer Concentration Risk: The company depends on a limited number of customers for a large share of its revenue. Losing key customers or receiving fewer orders could affect revenue and profitability.
- Outstanding Legal Proceedings: The company, its promoters and directors are involved in certain legal proceedings. Any unfavorable outcome could result in financial liabilities and negatively affect the company’s business and financial condition.
- Vipul Badani
- Bhoomin R Badani
- Krupa Rajesh Badani
Qualiance International Limited
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