Qualiance International IPO Details
Qualiance International IPO Summary

Qualiance International IPO opens for subscription on 04 Sep 2026 and closes on 08 Sep 2026.The IPO will be listed on NSE with the tentative listing date set for 11 Sep 2026.
Qualiance International IPO price band has been fixed at ₹120 – ₹127 per share. The face value is ₹10 per share with a lot size of 1000.
Qualiance International IPO total issue size comprises 35,52,000 shares (aggregating up to ₹45.11 Cr). This includes a fresh issue of 35,52,000 shares (aggregating up to ₹45.11 Cr). Pre-issue shareholding stands at 99,00,000, which will increase to 1,34,52,000 post-issue.
Qualiance International IPO carries a ₹81 (63.78%) GMP, reflecting investor sentiment.
Qualiance International IPO Lot Size :Individual Minimum is 2 lots (2,000 shares) amounting to ₹2,54,000. Individual Maximum is 2 lots (2,000 shares) amounting to ₹2,54,000. SHNI Minimum is 3 lots (3,000 shares) amounting to ₹3,81,000. SHNI Maximum is 7 lots (7,000 shares) amounting to ₹8,89,000. BHNI Minimum is 8 lots (8,000 shares) amounting to ₹10,16,000.
Qualiance International IPO Details
Qualiance International IPO Subscription
Qualiance International IPO Application Wise Breakup
Qualiance International IPO Dates
- 04 Sep 2026Opening dateOpen
- 08 Sep 2026Closing dateClose
- 09 Sep 2026Allotment Date Allotment
- 10 Sep 2026Initiation of RefundsRefund
- 10 Sep 2026Credit of SharesCredit
- 11 Sep 2026Listing dateListing
Qualiance International IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 2000 | ₹2,54,000 |
| Individual Maximum | 2 | 2000 | ₹2,54,000 |
| SHNI Minimum | 3 | 3000 | ₹3,81,000 |
| SHNI Maximum | 7 | 7000 | ₹8,89,000 |
| BHNI Minimum | 8 | 8000 | ₹10,16,000 |
Qualiance International IPO Reservation
Promoter Holding
Documents
Qualiance International IPO Valuations
Qualiance International Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 68.99 | 57.53 | 43.14 |
| Total Income | 80.95 | 55.06 | 38.14 |
| Profit After Tax | 11.87 | 4.90 | 2.84 |
| EBITDA | 16.72 | 7.97 | 4.86 |
| NET Worth | 24.74 | 13.82 | 8.92 |
| Reserves and Surplus | 24.75 | 14.54 | 10.41 |
| Total Borrowing | 28.50 | 29.71 | 19.17 |
| Amount in ₹ Crore | |||
About Qualiance International IPO
Incorporated in August 2006, Qualiance International Limited is engaged in the design, engineering, manufacture and export of performance and technical garments for institutional, government and brand clients in international markets. The Company originally commenced operations as a partnership firm, M/s. Qualiance Exports, in 1994 and was subsequently incorporated as Qualiance International Private Limited before being converted into a public limited company in December 2025. Its product portfolio includes military uniforms, tactical outerwear, high-visibility workwear, weather-resistant and all-weather outerwear, police and border patrol uniforms, protective workwear and performance activewear.
The Company operates a manufacturing facility in Tiruppur, Tamil Nadu, with an installed capacity of 450,000 garment pieces per annum. The facility supports various manufacturing activities, including regular cut-and-sew operations and specialized processes such as seam sealing, bonded construction, ultrasonic welding, laser cutting and lamination. The Company manufactures both knitted and woven garments based on customer specifications, technical drawings, patterns and performance requirements.
The Company primarily serves customers across Europe and North America, including government, institutional and brand clients. Its export-focused business contributed 98.82% of revenue from operations in Fiscal 2026. The Company follows quality and compliance standards applicable to international markets and holds certifications including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 14064-1:2018, SA 8000, GOTS and GRS, along with SEDEX SMETA audit compliance. The Company also holds the status of a Two Star Export House issued by the Government of India.
As of June 30, 2026, the Company had 255 payroll employees across its manufacturing facility and office operations, supported by contractual labour engaged based on production requirements.
Strength Of Qualiance International IPO
- In-house manufacturing facility with quality control mechanism.
- Widespread reach in international markets.
- Integrated expertise in high performance technical garments.
- Qualified and Experienced Management Team.
Risk Of Qualiance International IPO
- The company derives a significant portion of its revenue from the sale of woven garments. Any decline in the sales of the company's key product could have an adverse effect on its business, results of operations and financial condition.
- The company depends on a limited number of customers for its revenue from operations. Any failures to maintain relationships with such customers could adversely affect its revenue and financial condition.
- The company derives a majority portion of its revenues from exports and are subject to risk of international trade.
- There are outstanding legal proceedings involving the Company, the company's Directors and our Promoters. Any adverse decisions could impact its cash flows and profit or loss to the extent of demand amount, interest and penalty, divert management time and attention and have an adverse effect on the company's business, prospects, results of operations and financial condition.
- The company depends on a limited number of suppliers for raw materials. Any interruption in the availability of raw materials could adversely impact its operations. Further, any failures by the company's suppliers to provide raw materials to the company on time or at all, or as per the company's specifications and quality standards could have an adverse impact on its ability to meet the company's manufacturing and delivery schedules.
- The company has had negative cash flows from operating, investing and financing activities in the past. Any negative cash flow in the future may affect its liquidity and financial condition.
- There are certain discrepancies/errors noticed in some of our corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 1956/ 2013. Any penalty or action taken by any regulatory authorities in future, for non-compliance with provisions of corporate and other law could impact the reputation and financial position of the Company to that extent.
- The company subject to risks resulting from foreign exchange rate fluctuations, which could adversely affect its results of operations.
- The Company is yet to place orders for the Plant & Machinery for the setup of new manufacturing facility. Any delay in placing orders or procurement of such machinery may delay the schedule of implementation and possibly increase the cost of commencing operations.
- The company requires certain approvals, licenses, registrations and permits to operate its business, and failures to obtain or renew them in a timely manner or maintain the statutory and regulatory permits and approvals required to operate its business may adversely affect the company's operations and financial conditions.
Objectives Qualiance International IPO
1. Funding the capital expenditure requirements of the company towards setting up a new manufacturing facility at Tiruppur- Tamil Nadu
2. General Corporate Purpose
Company Contact Details
406 - B Wing, Knox Plaza, Next to Tangent Showroom, Mindspace, Mal, ad West,
Mumbai, Maharashtra , 400064
Phone: +91 22 42666003
Email: cs@qualiance.com
Website: https://www.qualiance.com/
Registrar Contact Details
Qualiance International FAQs
The Qualiance International IPO is a SME public issue comprising 3552000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹45.11 Cr. The issue price has been fixed at ₹127 per equity share, and the minimum application size is 1000 shares.
The IPO opens for subscription on 04 Sep 2026, and closes on 08 Sep 2026.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE
As of now, the current GMP stands at ₹81 (63.78%).

