Last updated on January 29, 2024
Qualitek Labs IPO description – Qualitek Labs specializes in delivering testing, inspection, homologation, certification, and consultancy services across various industries. These include automotive, defense, metals & metallurgy, environment and water, minerals, food & agriculture, and pharma & healthcare.
As of January 2024, the company boasts a workforce comprising 144 employees. In the initial five years since its establishment, Qualitek Labs has marked notable milestones, including:
(i) The company initiated its service operations by launching a testing laboratory in Pune in 2018. Subsequently, in 2022, it further expanded its footprint by establishing a second laboratory in Bhubaneshwar. (ii) The company is currently in the process of establishing two additional testing laboratories, one in Pune and the other in Noida. (iii) The company experienced a surge in turnover, escalating from INR 6.36 crore in FY 2020-21 to INR 19.14 crore in FY 2022-2023.
Qualitek Labs provides the following laboratory services:
- Automotive Testing
- Defence Product Testing
- Metals & Metallurgy Testing
- Mineral Testing
- Environment & Water Testing
- Food and Agriculture Testing
- Pharma & Healthcare
Promoters of Qualitek Labs – Alok Kumar Agarwal, Antaryami Nayak, Kamal Grover, and TIC Services Private Limited
Table of Contents
Qualitek Labs IPO Details
| Qualitek Labs IPO Dates | 18 – 23 January 2024 |
| Qualitek Labs Issue Price | INR 100 per share |
| Fresh issue | 1,964,400 shares (INR 19.64 crore) |
| Offer For Sale | NIL |
| Total IPO size | 1,964,400 shares (INR 19.64 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 120,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Qualitek Labs Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023* | H1 FY 2024* |
| Revenue | 635.49 | 1,201.10 | 1,913.66 | 1,248.92 |
| Expenses | 598.79 | 1,157.64 | 1,537.91 | 981.09 |
| Net income | 15.31 | 42.19 | 296.91 | 200.93 |
* All Standalone Data
Qualitek Labs Offer News
- Qualitek Labs RHP
- Qualitek Labs Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Qualitek Labs Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 65.87 | 7.97 | 7.45 |
| PE ratio | – | – | 13.42 |
| RONW (%) | (200.83) | 59.90 | 30.10 |
| NAV | (32.80) | 13.31 | 24.74 |
| ROCE (%) | 6.38 | 9.34 | 13.76 |
| EBITDA (%) | 16.67 | 19.74 | 28.81 |
| Debt/Equity | – | – | – |
Qualitek Labs IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Qualitek Labs IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 932,400 | 932,400 | 1,864,800 |
| 23 Jan 2024 | 78.78 | 39.23 | 59.00 |
| 19 Jan 2024 | 5.71 | 10.11 | 7.91 |
| 18 Jan 2024 | 0.42 | 3.76 | 2.09 |
Market maker reservation portion of 99,600 shares is not included in the above calculations.
Qualitek Labs IPO Allotment Status
Qualitek Labs IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
Qualitek Labs IPO Dates & Listing Performance
| IPO Opening Date | 18 January 2024 |
| IPO Closing Date | 23 January 2024 |
| Finalization of Basis of Allotment | 24 January 2024 |
| Initiation of refunds | 25 January 2024 |
| Transfer of shares to demat accounts | 25 January 2024 |
| IPO Listing Date | 29 January 2024 |
| Opening Price on BSE SME | INR 190 per share (up 90%) |
| Closing Price on BSE SME | INR 199.50 per share (up 99.50%) |
Qualitek Labs Offer Lead Manager
ONEVIEW CORPORATE ADVISORS PRIVATE LIMITED
Bajaj Bhawan, Room No. 111,
11th Floor, Nariman Point, Mumbai -400021
Phone: +91- 22- 43472247
Email:Â [email protected]
Website:Â www.oneviewadvisors.com
Qualitek Labs Offer Registrar
SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone:Â +91- 11-40450193-197
Email:Â [email protected]
Website:Â www.skylinerta.com
Qualitek Labs IPO Contact Details
QUALITEK LABS LIMITED
C-40, near Nexa showroom, Block C,
Sector 57, Noida, Uttar Pradesh 201301
Phone: 0120 4336939
E-mail: [email protected]
Website: www.qualiteklab.com
IPO FAQs
What is the Qualitek Labs offer size?
Qualitek Labs offer size is INR 19.64 crores.
What is the Qualitek Labs offer price band?
Qualitek Labs public offer price is INR 100 per share.
What is the lot size of the Qualitek Labs IPO?
Qualitek Labs offer lot size is 1,200 shares.
What is Qualitek Labs IPO GMP today?
Qualitek Labs IPO GMP today is INR NA per share.
What is the Qualitek Labs kostak rate today?
Qualitek Labs kostak rate today is NA per application.
What is Qualitek Labs Subject to Sauda rate today?
Qualitek Labs are Subject to the Sauda rate today is INR NA per application.
