Qualitek Labs IPO Details ( Qualitek Labs Limited IPO Review )
(18 Jan 2024 – 23 Jan 2024)
Qualitek Labs Limited started in 2018. We offer testing, inspection, and certification services.
Our labs cover a range of areas:
- Automotive Testing
- Defence Product Testing
- Metals & Metallurgy Testing
- Mineral Testing
- Environment & Water Testing
- Food and Agriculture Testing
- Pharma & Healthcare
We have labs in Pune and Bhubaneshwar. Currently, we have 144 employees as of January 2024.
Qualitek Labs Limited IPO Competitive Strength
- Experienced promoters and management team
- Established brand name
- Customer Centric Services
- Robust Technical Capability with Strong IT Infrastructure
Qualitek Labs IPO Financials Performance ( Results )
Qualitek Labs Limited Financial Information (Restated Standalone)
All Amount in ₹ Lakhs
Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
31-Mar-21 | 1,459.88 | 637.44 | 46.11 | 65.87 | -22.96 | -32.80 | -23.96 | 1,121.82 |
31-Mar-22 | 2,219.86 | 1,201.73 | 113.57 | 7.97 | 189.61 | 13.31 | 143.61 | 1,728.68 |
31-Mar-23 | 3,955.61 | 1,935.13 | 296.91 | 7.45 | 986.52 | 24.74 | 445.77 | 2,344.67 |
30-Sep-23 | 4,409.68 | 1,250.74 | 200.93 | 3.72 | 1,187.46 | 21.96 | 646.71 | 2,499.59 |
Objective of Qualitek Labs IPO 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 Basic Details
IPO Date | Jan 18, 2024 to Jan 23, 2024 |
Listing Date | Monday, January 29, 2024 |
Face Value | ₹10 per share |
Price | ₹100 per share |
Lot Size | 1200 Shares |
Issue Size | 1,964,400 shares of ₹10 (aggregating up to ₹19.64 Cr) |
Fresh Issue | 1,964,400 shares of ₹10 (aggregating up to ₹19.64 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 5,407,500 |
Share holding post issue | 7,371,900 |
Company Promoters | Alok Kumar Agarwal, Antaryami Nayak, Kamal Grover, and TIC Services Private Limited |
Qualitek Labs IPO Reservation
Other Shares Offered | 50% of the Net Issue |
Retail Shares Offered | 50% of the Net Issue |
Qualitek IPO Timetable
Qualitek IPO will open on January 18, 2024 and close on January 23, 2024. You can join Qualitek IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
Event | Date |
Opening Date | 18 January 2024 (Thursday) |
Closing Date | 23 January 2024 (Tuesday) |
Basis of Allotment | 24 January 2024 (Wednesday) |
Initiation of Refunds | 25 January 2024 (Thursday) |
Credit of Shares to Demat | 25 January 2024 (Thursday) |
Listing Date | 29 January 2024 (Monday) |
Deadline for UPI mandate confirmation | 5 PM on 23 January 2024 |
Qualitek IPO Lot Size
For retail investors in Qualitek IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹120,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹120,000.
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 1200 | ₹120,000 |
Retail (Max) | 1 | 1200 | ₹120,000 |
S-HNI (Min) | 2 | 2400 | ₹240,000 |
Qualitek Labs IPO Promoter Holding
The company’s promoters include Alok Kumar Agarwal, Antaryami Nayak, Kamal Grover, and TIC Services Private Limited.
Pre Issue Share Holding | 99.99% |
Post Issue Share Holding | 73.35% |
Qualitek Labs Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
KPI | Values |
Market Cap (₹ Cr.) | 73.72 |
Earning Per Share (EPS) | ₹5.45 per Equity Share |
Net Asset Value (NAV) | ₹24.74 per Equity Share |
P/E Ratio (P/E) (x) | 18.21 |
Post P/E Ratio (P/E) (x) | 18.34 |
Return on Net Worth (RoNW) (%) | 30.10 |
Return on equity (ROE) (%) | 50.49 |
Return on Capital Employed (ROCE) (%) | 13.76 |
Debt/Equity Ratio | Coming Soon |
Price/Book Value Ratio | 4.04 |
Qualitek Labs Ltd Peer Comparison
Company Name | Consolidated/ Standalone | CMP (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | P/BV Ratio |
Qualitek Labs Limited | Standalone | 100.00 | 10.00 | 7.45 | 18.34 | 30.10 | 24.74 |
Peer Group | |||||||
Choksi Laboratories Limited | Standalone | 54.14 | 10.00 | 4.69 | 11.74 | 6.58 | 30.31 |
Qualitek Labs IPO GMP Live Update, Kostak Rate day by day
Date | GMP | Kostak | Subject to |
Today | ₹41 | – | – |
24 January 2024 | ₹10 | – | – |
23 January 2024 | ₹10 | – | – |
22 January 2024 | ₹10 | – | – |
21 January 2024 | ₹0 | – | – |
20 January 2024 | ₹0 | – | – |
19 January 2024 | ₹0 | – | – |
18 January 2024 | ₹0 | – | – |
17 January 2024 | ₹0 | – | – |
16 January 2024 | ₹0 | – | – |
Qualitek Labs IPO Detail Video:
Qualitek Labs IPO Subscription Status (Bidding Detail)
The Qualitek Labs IPO on January 23, 2024 at 7:30:00 PM was subscribed 58.95 times, with the retail category being subscribed 39.23 times, the other category being subscribed 69.37 times.
Category | Subscription |
Other | 69.37x |
Retail | 39.23x |
Total | 58.95x |
Qualitek Labs IPO Prospectus
Qualitek Labs IPO DRHP | Download |
Qualitek Labs IPO RHP | Download |
Qualitek Labs IPO Anchor Investors Details PDF | Download |
Qualitek Labs IPO Rating
Our Rating | 4.0/5.0 |
Qualitek Labs Company Contact Information
Qualitek Labs Limited
Registered Office: 73, National Park Lajpat Nagar- IV New Delhi, South Delhi, 110024 India.
Tel No.: 011-41729056/57
Email: info@qualiteklab.com
Website: www.qualiteklab.com
Corporate Office: C-40, near Nexa showroom, Block C, Sector 57, Noida, Uttar Pradesh, 201301.
Tel No.: 0120 4336939
Email: company.secretary@qualiteklab.com
Contact Person: Ashima Bhatnagar
Promoters of the Company: Alok Kumar Agarwal, Antaryami Nayak, Kamal Grover and TIC Services Private Limited
Qualitek Labs IPO Registrar
Skyline Financial Services Pvt. Ltd.
Address: D-153 A, First Floor, Okhla Industrial Area, Phase-I, New Delhi-110020
Tel: 011-40450193-197
Fax: 011 -26812683
Website: www.skylinerta.com
Email: ipo@skylinerta.com
Investor Grievance ID: grievances@skylinerta.com
Contact Person: Mr. Anuj Rana
SEBI Registration Number: INR000003241
Qualitek Labs IPO Lead Manager
Oneview Corporate Advisors Private Limited
Address: Bajaj Bhawan, Room No. 111, 11th Floor, Nariman Point, Mumbai -400021
Tel: +91- 22- 43472247
Email: mbd@oneviewadvisors.com
Website: www.oneviewadvisors.com
Contact Person: Ms. Alka Mishra
SEBI Registration No: INM000011930
Qualitek Labs IPO FAQs
What is the lot size of Qualitek Labs IPO?
The total size of Qualitek Labs IPO is ₹19.64 crores and this is a complete fresh Issue.
When will Qualitek Labs IPO start?
Qualitek Labs IPO will open from 18 January 2024 and IPO will close on 23 January 2024.
What is the open date of Qualitek Labs IPO?
Qualitek Labs IPO will open date from 18 January 2024.
What is the last date ( close date ) of Qualitek Labs IPO?
Qualitek Labs IPO will close from 23 January 2024.
What is the price band of Qualitek Labs IPO?
Qualitek Labs IPO price band is ₹100.
What is the minimum amount required to apply for Qualitek Labs IPO?
The minimum investment for retailers to apply for Qualitek Labs IPO is ₹120,000 and the maximum investment is ₹120,000.
What is going on gray market premium of Qualitek Labs IPO?
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How much is the GMP of Qualitek Labs IPO?
Watch Qualitek Labs IPO GMP Today: Click Here
What is the allotment date of Qualitek Labs IPO?
The allotment date of Qualitek Labs IPO is 24 January 2024.
How to check allotment status in Qualitek Labs IPO?
To check the allotment status of Qualitek Labs IPO, first of all go to the registrar website by clicking here, select your bad Qualitek Labs IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Qualitek Labs IPO?
The listing date of Qualitek Labs IPO is 29 January 2024.
How much will be the listing gain in Qualitek Labs IPO?
View listing gain of Qualitek Labs IPO by Clicking Here
How much time Qualitek Labs IPO is subscribed?
Total 58.95 times subscribed in Qualitek Labs IPO out of which 39.23 times subscription was done in retail quota, 69.37 times subscription in other quota.
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