Qualitek Labs Limited IPO
Qualitek Labs Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹100 per share. The stock debuted at ₹190, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,20,000.
Qualitek Labs Limited IPO
- IPO Dates
- Jan 18, 2024 – Jan 23, 2024
- Price band
- ₹100 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- ₹19.64 Cr
- Lot size
- 1200
- Allotment Date
- Jan 24, 2024
- Listing
- Jan 29, 2024
- Listing At
- BSE SME
IPO timeline
-
Jan 18, 2024
Open Date
Completed
-
Jan 23, 2024
Close Date
Completed
-
Jan 24, 2024
Allotment Date
Completed
-
Jan 29, 2024
Listing Date
Completed
Qualitek Labs Limited IPO Essentials
Qualitek Labs Limited IPO Details
Qualitek Labs Limited IPO is priced at ₹100 per share with a total issue size of 19.64 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.
- Issue price
- ₹100 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,964,400 shares(aggregating up to ₹19.64 Cr)
- Total issue size
- 19,64,400 shares
(aggregating up to ₹19.64 crore) - Fresh issue
- 19,64,400 shares
(aggregating up to ₹19.64 crore) - Listing at
- BSE SME
- List price
- 190.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Oneview Corporate Advisors Private Limited
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,20,000 |
| Retail(max) | 1 | 1200 | ₹1,20,000 |
| NII (min) | 2 | 2,400 | ₹2,40,000 |
Qualitek Labs Limited IPO Reservation
Qualitek Labs Limited IPO reservation details show category-wise allocation of shares. Out of the total 1,964,400 shares, approximately 47.46% for retail investors, and 5.07% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 99,600 (5.07%) | |
| Retail Shares Offered | 932,400 (47.46%) | |
| Total Shares Offered | 1,964,400 (100%) |
Qualitek Labs Limited IPO Analytics
Qualitek Labs Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Qualitek Labs Limited IPO Subscription Status
Qualitek Labs Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 932,400 | 932,400 | 1,864,800 |
|
Day 1
18-01-24 06:00 PM
|
(0.06) x | 0.64 x | 0.35 x |
|
Day 2
19-01-24 06:00 PM
|
(1.60) x | 10.11 x | 7.86 x |
|
Day 3
23-01-24 06:00 PM
|
(78.78) x | 39.23 x | 59.00 x |
Qualitek Labs Limited Valuations
Earnings
- EPS Pre IPO
- ₹5.49/-
- EPS Post IPO
- ₹5.45/-
- P/E Pre IPO
- 18.21
- P/E Post IPO
- 18.34
Returns
- ROE
- 50.49%
- ROCE
- 13.76%
- RoNW
- 30.10%
Fundamentals
- Price / Book
- 4.04
Qualitek Labs Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 3,955.61 | 2,219.86 | 1,459.88 |
| Revenue | 1,935.13 | 1,201.73 | 637.44 |
| Profit After Tax | 296.91 | 113.57 | 46.11 |
| Net Worth | 986.52 | 189.61 | -22.96 |
| Reserves & Surplus | 445.77 | 143.61 | -23.96 |
| Total Borrowing | 2,344.67 | 1,728.68 | 1,121.82 |
Qualitek Labs Limited Company & Offer Insights
About Qualitek Labs Limited
Qualitek Labs Limited Testing, Inspection, Homologation, and Certification, AdvisoryEstablished in 2018.
They have the Laboratory services as -
Automotive testing
Defence Product testing
Metals & Metallurgy testing
Mineral testing
Environment & water testing
Food and Agriculture
Pharma & Health Care
Associates with an automobile, defense and its products as well as mineral sectors, environment sectors, food agriculture sectors, pharmacy health care along with metals. There are Two laboratories in both Pune and Bhubaneshwar.
As of Jan 2024, the company has a total of 144 employees.
Qualitek Labs Limited Promoter(s)
Alok Kumar Agarwal, Antaryami Nayak, Kamal Grover, TIC Services Private Limited are the company's promoters of Qualitek Labs Limited.
Qualitek Labs Limited IPO Issue Objectives
- •
- Funding capital expenditure towards the installation of plant and machinery for new & existing laboratories and expansion of laboratories
- •
- Repayment of unsecured loans to Promoter
- •
- Funding of working capital requirements
- •
- General corporate purposes.
Qualitek Labs Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Qualitek Labs Limited | 5.49 | 5.49 | 24.74 | 18.21 | 30.1 | 4.04 | Standalone |
| Choksi Laboratories Ltd. | 4.69 | N/A | N/A | 11.74 | 6.58 | N/A | Standalone |
Notes:
- For Qualitek Labs Limited, the Current Market Price is taken as the issue price of Equity Share.
- The P/E Ratio is based on the current market price of the respective scrips.
- The EPS and RoNW are taken as per the Restated Standalone Financial Statement for the Financial Year 2022-23.
Contact Information
Contact Details
Qualitek Labs Limited
+011-41729056
73, National Park Lajpat Nagar- IV New Delhi, South Delhi - 110024
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
Qualitek Labs Limited IPO is a Fixed Priced IPO worth ₹19.64 crore. The issue price is ₹100 per share (fixed price). The IPO opens on Jan 18, 2024 and closes on Jan 23, 2024. It will be listed on BSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The issue price of Qualitek Labs Limited IPO is ₹100 per share (fixed price).
The lot size of Qualitek Labs Limited IPO is 1200 shares.
The minimum investment for Qualitek Labs Limited IPO is approximately ₹1,20,000 based on the issue price .
Qualitek Labs Limited IPO opens on Jan 18, 2024 and closes on Jan 23, 2024.
The allotment date of Qualitek Labs Limited IPO is Jan 24, 2024.
Qualitek Labs Limited IPO is expected to be listed on Jan 29, 2024, on BSE SME Platform.
Qualitek Labs Limited IPO valuation snapshot: P/E 18.34, EPS ₹5.45/-, P/B 4.04, RoNW 30.10%, and market cap N/A.
To apply for Qualitek Labs Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Qualitek Labs Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Qualitek Labs Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Qualitek Labs Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Qualitek Labs Limited IPO allotment status on IPO Ji for quick and easy access.