Qualitek Labs IPO Date, Review, Price, Allotment Details

Qualitek Labs Limited IPO Details: Qualitek Labs Limited IPO date is fixed, The IPO will open on January 18, 2024 and will close on January 23, 2024. Qualitek Labs Limited is a BSE SME IPO to raise ₹19.64 crores via IPO. The Qualitek Labs Limited IPO price band is fixed at ₹100 with a market lot of 1200 shares.

Qualitek Labs IPO

Table of Contents

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.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹120,000
Retail Maximum11200₹120,000
S-HNI Minimum22400₹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
YearRevenueExpensePAT
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/

Qualitek Labs IPO FAQs


What is Qualitek Labs IPO?

Qualitek Labs IPO is a BSE SME IPO. They are going to raise ₹19.64 Crores via IPO. The issue is priced at ₹100 per equity share. The IPO is to be listed on BSE.

When Qualitek Labs IPO will open?

The IPO is to open on January 18, 2024 for QIB, and Retail Investors.

What is Qualitek Labs IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Qualitek Labs IPO?

You can apply Qualitek Labs IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Qualitek Labs IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Qualitek Labs”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Qualitek Labs IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Qualitek Labs”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Qualitek Labs IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Qualitek Labs”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Qualitek Labs IPO Size?

Qualitek Labs IPO size is ₹19.64 crores.

What is Qualitek Labs IPO Price Band?

Qualitek Labs IPO Price Band is ₹100 per equity share.

What is Qualitek Labs IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹120,000.

What is Qualitek Labs IPO Allotment Date?

Qualitek Labs IPO allotment date is January 24, 2024.

What is Qualitek Labs IPO Listing Date?

Qualitek Labs IPO listing date is January 29, 2024. The IPO to list on BSE SME.

Note: The Qualitek Labs IPO details are announced officially. The IPO grey market premium (Qualitek Labs IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

Share the Post:
Facebook
Twitter
LinkedIn

Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

One Response


OPEN DEMAT ACCOUNT