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Qualiance International Ltd.

SMENSE
ListedListed on 11 Sept 2026+77.1%

₹120–127

₹ 32 Cr

2000 Shares

₹ 2,40,000

₹10

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2025-26FY 2024-25
7,689.115,307.24
406.28198.4
8,095.395,505.64
5,984.384,434.51
1,605.86629.06
1,186.9489.85

Subscription Details

Subscription data not yet available

IPO Timeline

IPO Offer Start

4 Sept 2026

IPO Offer Ends

8 Sept 2026

11 Sept 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1Funding the capital expenditure requirements of our company towards setting up a new 380

Promoters

Vipul BadaniBhoomin R BadaniKrupa Rajesh Badani

Book Running Lead Managers

Hem Securities Ltd.

Promoter Shareholding

Pre-IPO

100.00%

Promoter stake

Post-IPO

63.66%

Promoter stake

Offered to Public

25,43,000

shares

Post Share Capital

85,63,000

shares

IPO Registrar

MUFG Intime India Pvt Ltd.

About the Company

We are engaged in the design, engineering, manufacture and export of performance garments for institutional, government and brand clients in international markets. We began operations as a partnership firm in 1994 and was incorporated as a company in 2006. Our product portfolio includes military uniforms, tactical outerwear, high-visibility workwear, weather-resistant and allweather outerwear, police and border patrol uniforms, protective workwear and performance activewear. We operate a manufacturing facility located in Tiruppur, Tamil Nadu with a total built up area of over 45,000 square feet over a land area of approximately 1,046.31 square meters and an installed capacity of 450,000 garment pieces per annum. The facility supports garment manufacturing activities from raw material sourcing and fabric development through external suppliers to the production of finished garments. Apart from the regular cut and sew operations in the manufacturing cycle, we also carry out specialized processes including seam sealing, bonded construction, ultrasonic welding, laser cutting and lamination Over the past two decades, we have manufactured garments based on product specifications and compliance requirements of European military, government and institutional buyers. Our operations focus on the production of garments developed based on client specifications and performance requirements. We have maintained relationships with Swiss government and institutional clients. Our revenue from the sale of manufactured products is primarily derived from exports, which accounted for 99.83% for the period ended September 30, 2025, 93.87% for FY 2025, 87.77% for FY 2024 and 94.99% for FY 2023 of our revenue from operations. Our client base is located across Europe, including Switzerland, and North America, including the United States. We supply garments to the various department of Government of Switzerland and European brands. For all stages of operations from sample development to shipment, we follow quality standards applicable in European markets. Our manufacturing facility includes a quality control system to monitor product standards. All fabrics and accessories used in production comply with international requirements, and test reports from recognized laboratories are obtained to support compliance.

Use of Proceeds

1. Funding the capital expenditure requirements of our company towards setting up a new manufacturing facility at Tiruppur- Tamil Nadu 2. General Corporate Purposes

IPO FAQs

The Qualiance International Ltd. IPO has a total of ₹32 crore, calculated at the upper end of the .

The Qualiance International Ltd. IPO is priced at ₹120–127 per share. bids must fall within this , against a of ₹10 per share.

The for the Qualiance International Ltd. IPO is 2,000 shares, which is also the minimum order quantity — you have to apply for at least 2,000 shares, and in multiples of 2,000 beyond that.

The minimum investment in the Qualiance International Ltd. IPO is about ₹2,40,000 — one lot of 2,000 shares, calculated at the lower end of the .

Bidding at the cut-off or upper price raises the amount blocked in your account.

The Qualiance International Ltd. opens on 4 Sept 2026 and closes on 8 Sept 2026.

Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.

Qualiance International Ltd. shares were listed on 11 Sept 2026 on NSE.

MUFG Intime India Pvt Ltd. is the for the Qualiance International Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone +91 810 811 8484 and email rnt.helpdesk@in.mpms.mufg.com.

Qualiance International Ltd. IPO shares are listed on NSE.

Each Qualiance International Ltd. share has a of ₹10.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 100.00% of Qualiance International Ltd. before the IPO, which falls to 63.66% after the issue.

25,43,000 shares of Qualiance International Ltd. are being offered to the public in this issue.

  1. 1.Funding the capital expenditure requirements of our company towards setting up a new manufacturing facility at Tiruppur- Tamil Nadu
  2. 2.General Corporate Purposes

Hem Securities Ltd. is the book running lead manager for the Qualiance International Ltd. IPO.

Pre-apply means placing your Qualiance International Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Qualiance International Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Qualiance International Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.