Qualitek Labs is primarily engaged in the business of providing testing, inspection, homologation, certification, and consultancy services to various industries viz the automotive, defense, metals & metallurgy, environment and water, minerals, food & agriculture, pharma & healthcare.
Within 5 years of incorporation, some of their significant achievements are:
a) The Company has commenced its business operation of providing services to its clients from a testing laboratory, which was set up in Pune in the year 2018. Later in the year 2022, the Company expanded and established the second laboratory in Bhubaneshwar.
b) The Company is in the process of setting up another two testing laboratories in Pune and Noida.
c) Increase in turnover from Rs. 635.49 lakhs in FY 2020-21 to Rs. 1913.66 lakhs in FY 2022-2023.
Their team of professionals has the knowledge and experience to fully understand the challenges faced by the industry and try to comprehend the same. In addition, their experienced team has enabled us to build an effective business model that gives us control over their processes such as raw material procurement, marketing, and sales through their network.
Objects of the Issue:
- 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; and
- General corporate purposes.
Qualitek Labs IPO Review
- Avoid
Qualitek Labs IPO Date & Price Band Details
IPO Open: | January 18, 2024 |
IPO Close: | January 23, 2024 |
IPO Size: | Approx ₹19.64 Crores, 1,964,400 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹100 Per Equity Share |
IPO Listing on: | BSE 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 |
Qualitek Labs IPO Market Lot
The Qualitek Labs IPO minimum market lot is 1200 shares with a ₹120,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1200 | ₹120,000 |
Retail Maximum | 1 | 1200 | ₹120,000 |
S-HNI Minimum | 2 | 2400 | ₹240,000 |
Qualitek Labs IPO Dates
The Qualitek Labs IPO date is January 18 and the IPO close date is January 23. The IPO allotment date is January 24 and the IPO might list on January 29.
IPO Open Date: | January 18, 2024 |
IPO Close Date: | January 23, 2024 |
Basis of Allotment: | January 24, 2024 |
Refunds: | January 25, 2024 |
Credit to Demat Account: | January 25, 2024 |
IPO Listing Date: | January 29, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Qualitek Labs IPO Form
How to apply Qualitek Labs IPO? You can apply Qualitek Labs IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Qualitek Labs IPO in the Invest section. The other option you can apply Qualitek Labs IPO via IPO forms download via the BSE website. Check out the Qualitek Labs forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Qualitek Labs Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹6.37 | ₹5.68 | ₹0.46 |
2022 | ₹12.02 | ₹10.47 | ₹1.14 |
2023 | ₹19.35 | ₹15.38 | ₹2.97 |
Sep 2023 | ₹12.51 | ₹9.81 | ₹2.01 |
Qualitek LabsIPO Valuation – FY2023
Check Qualitek Labs IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹7.45 per Equity Share |
Price/Earning P/E Ratio: | 13.43 |
Return on Net Worth (RoNW): | 30.10% |
Net Asset Value (NAV): | ₹21.96 per Equity Share |
Peer Group
- Choksi Laboratories Ltd.
Company Promoters
- Alok Kumar Agarwal
- Antaryami Nayak
- Kamal Grover
- TIC Services Private Limited
Qualitek Labs IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
Qualitek Labs IPO Allotment Status
Check Qualitek Labs IPO allotment status on Skyline Financial Services website URL. Click Here
Qualitek Labs IPO Lead Managers aka Merchant Bankers
- Oneview Corporate Advisors Private Limited
Company Address
Qualitek Labs Limited
73, National Park
Lajpat Nagar- IV
New Delhi, South Delhi – 110024
Phone: +011-41729056
Email: [email protected]
Website: http://www.qualiteklab.com/
One Response
WHY QIB QUOTA IS NOT THERE?