✓
Open
18 Jan 2024
✓
Close
23 Jan 2024
3
Allotment
—
✓
Listing
Mon, Jan 29, 2024
Price Band
₹100 per share
Issue Size
19,64,400 shares (agg. up to ₹20 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Jan 29, 2024
Latest GMP
₹60
Est. Gain
60%
✦ AI Insight
GMP Trend
29-01-2024₹60Est. ₹160+60%
28-01-2024₹60Est. ₹160+60%
27-01-2024₹60Est. ₹160+60%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 58.37x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 44.10 | 39.56 | 22.20 | 14.60 |
| Total Income | 12.51 | 19.35 | 12.02 | 6.37 |
| Profit After Tax | 2.01 | 2.97 | 1.14 | 0.46 |
| NET Worth | 11.87 | 9.87 | 1.90 | -0.23 |
| Reserves and Surplus | 6.47 | 4.46 | 1.44 | -0.24 |
| Total Borrowing | 25.00 | 23.45 | 17.29 | 11.22 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Techknowgreen Solutions Ltd. | SME | ₹16.72 Cr | ₹86 | 9.71 | ₹91.35 | +6.22% | ₹126.00 (-3.82%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure towards installation of plant and machinery for new & existing laboratories and for expansion of laboratories | 6.22 |
| 2 | Repayment of unsecured loan to Promoter | 8.18 |
| 3 | Funding of working capital requirements | 2.50 |
| 4 | General corporate purposes | 1.41 |
About Qualitek Labs IPO
Founded in 2018, Qualitek Labs Limited provides testing, inspection, homologation, certification, and consulting services. The company's laboratory services include: Automotive Testing Defence Product Testing Metals & Metallurgy Testing Mineral Testing Environment & Water Testing Food and Agriculture Testing Pharma & Healthcare They collaborate with industries such as automotive, defence, metals and metallurgy, environment and water, minerals, food and agriculture, and pharma and healthcare. The company has two testing laboratories in Pune and Bhubaneshwar. As of Jan 2024, the company has a total of 144 employees.+ Read More
Contact Details
Qualitek Labs Ltd. Address73, National ParkLajpat Nagar-IVNew Delhi, New Delhi, 110024+011-41729056info@qualiteklab.comVisit Website