QMS Medical Allied IPO subscription status started on Tuesday, September 27, 2022 and will close on September 30, 2022. QMS Medical Allied IPO to raise around ₹56.87 crores via IPO. The retail quota is 50%, and HNI is 50%. The price band is fixed at ₹121 per equity share. The IPO to list on NSE.
QMS Medical Allied Services Limited is doing marketing and distribution of medical products and also provides medical education services. They sell their products under “QDevices” brand name. They also manage the distribution for other brands such as 3M, Heine, Rossmax, etc. They are associated with the world’s leading medical device manufacturers in the healthcare industry. They are selling their products via online and offline modes via distribution networks in India.
IPOWatch View:
We recommend investors may apply an IPO with Caution (Avoid / Risky). Investors should also look at the Retail and HNI numbers before investing. You can check the QMS Medical Allied IPO allotment status here.
QMS Medical Allied IPO Subscription Status
Last Updated on Day 4 at 5:00
| Category | Day 2 | Day 3 | Day 4 |
| NII | 0.06 | 0.27 | 1.25 |
| RII | 0.11 | 0.14 | 0.51 |
| Total | 0.09 | 0.22 | 0.88 |
QMS Medical Allied IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
QMS Medical Allied IPO Review
- Avoid
QMS Medical Allied IPO Date & Price Band
| QMS Medical Allied IPO Open: | September 27, 2022 |
| QMS Medical Allied IPO Close: | September 30, 2022 |
| QMS Medical Allied IPO Size: | Approx ₹56.87 Crores, 4,700,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| QMS Medical Allied IPO Price Band: | ₹121 Per Equity Share |
| QMS Medical Allied IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
QMS Medical Allied IPO Market Lot
| Minimum IPO Lot Size: | Minimum 1000 shares for 1 lot |
| Minimum Amount: | ₹121,000 for 1 lot |
QMS Medical Allied IPO Subscription Dates
| QMS Medical Allied IPO Open Date: | September 27, 2022 |
| QMS Medical Allied IPO Close Date: | September 30, 2022 |
| Basis of Allotment: | October 6, 2022 |
| Refunds: | October 7, 2022 |
| Credit to Demat Account: | October 10, 2022 |
| QMS Medical Allied IPO Listing Date: | October 11, 2022 |
QMS Medical Allied IPO Form
How to apply QMS Medical Allied IPO? You can apply QMS Medical Allied IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the QMS Medical Allied IPO in the Invest section. The other option you can apply QMS Medical Allied IPO via IPO forms download via the NSE website. Check out the QMS Medical Allied forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
