Qualiance International IPO

About Qualiance International IPO

The public issue of the Qualiance International IPO, an SME IPO, opens on Friday, September 4, 2026 and closes on Tuesday, September 8, 2026. The allotment of shares will take place on Wednesday, September 9, 2026. The credit of shares to the demat account will take place on Thursday, September 10, 2026. The initiation of refunds will take place on Thursday, September 10, 2026. The listing of shares will take place on Friday, September 11, 2026. The equity shares offered through the IPO are proposed to be listed on the NSE SME platform.

The offer consists of a fresh issue component. The fresh issue will include 35.52 lakh shares of ₹45.11 crore. The total number of shares and aggregate amount are 35,52,000 shares aggregating up to ₹45 crore.

Qualiance International IPO’s price band is set at ₹120 to ₹127 per share. The lot size for an application is 1,000. The minimum amount of investment required by a retail individual investor is ₹2,54,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹3,81,000.

Qualiance International is engaged in the design, engineering, manufacture and export of performance garments for institutional, government and brand clients in international markets. Their 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.

Objectives of Qualiance International IPO

• Funding the capital expenditure requirements of the company towards setting up a new manufacturing facility at Tiruppur, Tamil Nadu.
  
• General corporate purposes.
  

Industry Outlook

India is the world's second-largest producer of textiles and garments. It is also the sixth-largest exporter of textiles spanning apparel, home and technical products. India has a 4.6% share of the global trade in textiles and apparel. India's textile exports have already reached ₹3 lakh crore, and the goal is to triple this to ₹9 lakh crore by 2030 by strengthening domestic manufacturing and expanding global reach.

About Qualiance International

Qualiance International is engaged in the design, engineering, manufacture and export of performance garments for institutional, government and brand clients in international markets. They began operations as a partnership firm in 1994 and were incorporated as a company in 2006. Their 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. Over the past two decades, they have manufactured garments based on product specifications and compliance requirements of European military, government and institutional buyers. Their operations focus on the production of garments developed based on client specifications and performance requirements.

Strengths of Qualiance International

• In-house manufacturing facility with quality control mechanism.
  
• Widespread reach in international markets.
  
• Integrated expertise in high performance technical garments.
  
• Qualified and experienced management team.
  

Risks of Qualiance International

• They derive a significant portion of their revenue from the sale of woven garments.
  
• They depend on a limited number of customers for their revenue from operations.
  
• They derive a majority portion of their revenues from exports and are subject to risk of international trade.
  
• There are outstanding legal proceedings involving their company, their directors and their promoters.
  
• They depend on a limited number of suppliers for raw materials.
  

Anchor Investor Bidding Date

TBA

IPO Registrar and Book Running Lead Managers

Registrar Details
MUFG Intime India Pvt.Ltd.
Email: qualiance.smeipo@in.mpms.mufg.com
Tel: 022-49186000

Book Running Lead Manager
Hem Securities Ltd.

Qualiance International Contact Details
406 - B Wing, Knox Plaza, Next to Tangent Showroom, Mindspace,
Malad West, Mumbai, Maharashtra, 400064
Email: cs@qualiance.com
Phone: +91 22 42666003

Qualiance International Business Model

The company earns its revenue through the designing, engineering, manufacturing and export of performance garments for institutional, government and brand clients in international markets.

Qualiance International Growth Trajectory

Qualiance International’s Total Income for FY25 was ₹55.06 crore, whereas in FY24 and FY23 it was ₹38.14 crore and ₹36.16 crore, respectively.

The Profit After Tax for FY25 was ₹4.90 crore, whereas in FY24 and FY23 it was ₹2.84 crore and ₹1.58 crore, respectively.

Their EBITDA for FY25 was ₹7.97 crore, whereas in FY24 and FY23 it was ₹4.86 crore and ₹2.98 crore, respectively.

Qualiance International Market Position

Qualiance International’s client base is located across Europe, including Switzerland, and North America, including the United States. They supply garments to the various departments of the Government of Switzerland and European brands.

As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹55.06 crore, ₹4.90 crore, and ₹7.97 crore, respectively.

How to apply for Qualiance International IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.