Qualitek Labs Limited is engaged in the business of providing 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
The company has two testing laboratories in Pune and Bhubaneshwar.
As of January 2024, the company has a total of 144 employees.
Qualitek Labs IPO – Details
| IPO Opening Date | 18 January 2024 |
| IPO Closing Date | 23 January 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 19,64,400 Shares Worth ₹19.64 Crore Fresh Issue: 19,64,400 Shares Worth ₹19.64 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹100 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Skyline Financial Services Private Ltd |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
Qualitek Labs IPO – Date Schedule
| IPO Open Date | 18 January 2024 |
| IPO Close Date | 23 January 2024 |
| Basis of Allotment | 24 January 2024 |
| Initiation of Refund | 25 January 2024 |
| Credit of Shares to Demat Account | 25 January 2024 |
| IPO Listing Date | 29 January 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on 23 January 2024 |
Qualitek Labs IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1200 | 1,20,000 |
| Retail (Maximum) | 1 | 1200 | 1,20,000 |
| HNI (Minimum) | 2 | 2400 | 2,40,000 |
Competitive Strengths
- Experienced promoters and management team.
- Established brand name.
- Customer Centric Services.
- Robust Technical Capability with Strong IT Infrastructure.
Company Promoters
- Alok Kumar Agarwal
- Antaryami Nayak
- Kamal Grover
- TIC Services Private Limited
Object Of The 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.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 6.37 | 5.98 | 0.15 | 11.21 |
| 31 March 2022 | 12.06 | 11.57 | 0.42 | 17.28 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 50.49% |
| ROCE | 13.76% |
| RoNW | 30.10% |
| P/BV | 4.04 |
Qualitek Labs IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 73.35% |
Qualitek Labs IPO Prospectus
Company Contact Information
| Qualitek Labs Limited 73, National Park Lajpat Nagar- IV New Delhi, South Delhi – 110024 Phone: +011-41729056 Email: info@qualiteklab.com Website: http://www.qualiteklab.com/ |
Qualitek Labs IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Qualitek Labs IPO Lead Manager(s)
| 1. Oneview Corporate Advisors Private Limited |
Qualitek Labs IPO FAQs
| What is Qualitek Labs IPO? Qualitek Labs IPO is a SME IPO. The issue is priced at ₹100 per equity share. The IPO is to be listed on BSE SME. |
| When Qualitek Labs IPO will open? The IPO is to open on 18 January 2024 for NII – 50% and Retail – 50% Investors. |
| How to Qualitek Labs IPO? You can apply Qualitek Labs 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 Qualitek Labs IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Qualitek Labs”. 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 Qualitek Labs IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Qualitek Labs”. 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 Edelweiss. |
| What is Qualitek Labs IPO Size? Qualitek Labs IPO size is ₹19.64 crores. |
| What is Qualitek Labs IPO Price Band? Qualitek Labs IPO Price Band is ₹100. |
| What is Qualitek Labs IPO Minimum and Maximum Lot Size (Retail)? The minimum bid is 1200 Shares with ₹1,20,000 amount while the maximum bid is 1200 shares with ₹1,20,000. |
| What is the Qualitek Labs IPO Allotment Date? Qualitek Labs IPO allotment date is 24 January 2024. |
| What is the Qualitek Labs IPO Listing Date? Qualitek Labs IPO listing date is 29 January 2024. The IPO is to be listed on BSE SME. |
