QMS Medical Allied Services Limited is engaged in the marketing and distribution of a wide range of healthcare products as well as medical education services. The company’s products are sold under the brand name “QDevices” and they also manage distribution for other brands such as 3M, Heine, Rossmax, etc.
The company offers healthcare products such as blood pressure monitors, glucose monitoring kits and strips, dental products, personal protection kits such as PPE kits, infection prevention, stethoscope and oxygen concentrator.
The company also aims to impact people’s lives through continuous skill development and therefore provides various medical courses like PG Diploma in Cardiology, Masterclass in Diabetes & Rennel Management, Cardiology and Cardiac Rehabilitation etc. for continuous skill development.
The company sells and helps in distribution of products across India through offline and online mode using website i.e. https://qmsmas.com. The company’s e-commerce platform is called Qmeds- https://qmsmeds.com which provides online services to medical equipment dealers, distributors, surgeons and doctors for sourcing medical supplies from surgical supply store.
Competitive Strengths
- Experienced Promoter and management team with strong industry expertise and successful track record.
- Existing well-established goodwill and client relationships.
- Asset light business model and competitive products.
- Quality assurance.
Company Promoters
- Mahesh Makhija
Company Financials
| Particulars | 31 March 2021 | 31 March 2020 | 31 March 2019 |
|---|---|---|---|
| Total Revenue | 12,209.00 | 7,277.81 | 5,190.83 |
| Total Expense | 10,513.87 | 6,316.60 | 4,728.92 |
| Profit Before Tax | 1,490.64 | 872.09 | 437.45 |
| Profit After Tax | 1,093.27 | 635.78 | 303.58 |
Object Of The Issue
- Funding additional Working capital requirements
- General Corporate Purposes
QMS Medical Allied IPO – Details
| IPO Opening Date | 27 September 2022 |
| IPO Closing Date | 30 September 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹56.87 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹121 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Ltd |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
QMS Medical Allied IPO – Date Schedule
| IPO Open Date | 27 September 2022 |
| IPO Close Date | 30 September 2022 |
| Basis of Allotment Date | 06 October 2022 |
| Initiation of Refunds | 07 October 2022 |
| Credit of Shares to Demat Account | 10 October 2022 |
| IPO Listing Date | 11 October 2022 |
QMS Medical Allied IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 1000 | 1,21,000 |
| Maximum | 1 | 1000 | 1,21,000 |
QMS Medical Allied IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.67% |
QMS Medical Allied IPO Prospectus
Company Contact Information
| QMS Medical Allied Services Ltd A1 A2/B1 B2, Navkala Bharti Bldg, Plot No16, Prabhat Colony, Near Santacruz Bus Depot Santacruz East, Mumbai-400055 Phone: 022 6288 1111 Email: contact@qmsmas.com Website: https://qmsmas.com/ |
QMS Medical Allied IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
QMS Medical Allied IPO Lead Manager(s)
| 1. First Overseas Capital Limited |
QMS Medical Allied IPO FAQs
| What is QMS Medical Allied IPO? QMS Medical Allied IPO is a SME IPO. The issue is priced at ₹121 per equity share. The IPO is to be listed on NSE SME. |
| When QMS Medical Allied IPO will open? The IPO is to open on 27 September 2022 for NII and Retail Investors. |
| What is QMS Medical Allied IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to QMS Medical Allied IPO? You can apply QMS Medical Allied 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 QMS Medical Allied IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “QMS Medical Allied”. 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 Angle One. |
| How to Apply the QMS Medical Allied IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “QMS Medical Allied”. 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 5 Paisa. |
| How to Apply the QMS Medical Allied IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “QMS Medical Allied”. 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 QMS Medical Allied IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “QMS Medical Allied”. 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 IIFL. |
| What is QMS Medical Allied IPO Size? QMS Medical Allied IPO size is ₹56.87 crores. |
| What is QMS Medical Allied IPO Price Band? QMS Medical Allied IPO Price Band is ₹121. |
| What is QMS Medical Allied IPO Minimum and Maximum Lot Size? The minimum bid is 1000 Shares with ₹1,21,000 amount while the maximum bid is 1000 shares with ₹1,21,000. |
| What is the QMS Medical Allied IPO Allotment Date? QMS Medical Allied IPO allotment date is 06 October 2022. |
| What is the QMS Medical Allied IPO Listing Date? QMS Medical Allied IPO listing date is 11 October 2022. The IPO is to list on NSE SME. |
