BY THE NUMBERS.
TICKET CLASSES.
WHAT THE CHATTER IMPLIES.
GMP +₹50 (+39.37%)
RECORDED 02 SEPT 2026, 12:28 IST
HOW THE ISSUE IS BUILT.
The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.
WHO GETS WHICH SEATS.
ON THE DASHBOARD.
THE RUNNING RECORD.
WHO ELSE RUNS THIS LINE.
Notes : Source - All the financial informationS for listed industry peers are sourced from their audited financial results for the year ended March 31, 2026 as available on the stock exchange. Market Price for the listed peer mentioned above is sourced from stock exchange data dated August 21, 2026 to compute the corresponding financial ratios. For the Company, we have taken Current Market Price as the issue price of equity share. Further, P/E Ratio is based on the current market price of the respective scrips. The EPS, NAV, RoNW and Total Income of the Company are taken as per Restated Financial Statement for the Financial Year 2025-26. NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as on March 31, 2026. P/E Ratio of the peer company is sourced from their audited financial results for the year ended March 31, 2026 and stock exchange data dated August 21, 2026. RoNW has been computed as net profit after tax divided by closing net worth. Net worth has been computed in the manner as specifies in Regulation 2(1) (hh) of SEBI (ICDR) Regulations, 2018. The face value of Equity Shares of the Company is ₹ 10/- per Equity Share and the Issue price is [●] times the face value of equity share.
WHAT THE MONEY IS FOR.
Qualiance International Limited is engaged in the design, engineering, manufacture and export of performance garments for institutional, government and brand clients in international markets. The company product portfolio includes military uniforms, tactical outerwear, high-visibility workwear, weather-resistant and all-weather outerwear, police and border patrol uniforms, protective workwear and performance activewear. The company 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. They have manufactured garments based on product specifications and compliance requirements of European military, government and institutional buyers. Competitive Strengths: In-house manufacturing facility with quality control mechanism Widespread reach in international markets Integrated expertise in high performance technical garments
ON THE ROSTER.
COMMON QUESTIONS.
What is the Qualiance International IPO price band?+
The indicative price band is ₹127 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).
What is the lot size of the Qualiance International IPO?+
One lot is 1000 shares. At the upper band of ₹127, one lot works out to ₹1,27,000.
When does the Qualiance International IPO open and close?+
The issue opens on 04 Sept 2026 and closes on 08 Sept 2026. Dates can move — the registrar and the exchange notices are the record.
When is the Qualiance International IPO allotment?+
Allotment is scheduled for 09 Sept 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.
When does Qualiance International list?+
Listing is scheduled for 11 Sept 2026 on NSE SME.
Where will Qualiance International be listed?+
Qualiance International is proposed for listing on NSE SME. It is an SME issue, so it trades on the SME platform.
How large is the Qualiance International IPO?+
The issue size is ₹45.11 Cr — a fresh issue of ₹42.82 cr. Figures are indicative and subject to the RHP.
What is the grey market premium (GMP) for the Qualiance International IPO?+
The last GMP we recorded is +₹50 (+39.37%), as at 02 SEPT 2026, 12:28 IST. GMP is unofficial grey-market chatter. It is not a quote from any exchange, it is not a price anyone is obliged to honour, it moves through the day and it often does not match the eventual listing price. We publish it as information only.
What listing price does the GMP imply for Qualiance International?+
Adding the last recorded GMP to the upper band gives ₹177. That is a calculation, not a forecast or an investment recommendation, and it is built on an unofficial grey-market figure.
Who is the registrar for the Qualiance International IPO?+
The registrar to the issue is MUFG Intime India Pvt.Ltd. (022-49186000), qualiance.smeipo@in.mpms.mufg.com.
Where can I check the Qualiance International IPO allotment status?+
Allotment status is published by the registrar on its own official portal: https://in.mpms.mufg.com/Initial_Offer/public-issues.html. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.
What is the P/E ratio of the Qualiance International IPO?+
The P/E ratio on file for this issue is 10.59, and the post-issue P/E is 14.4, stated as of 31 Mar 2025. A reported ratio is not a view on value.