Qualitek Labs IPO Details | GMP, Date, Price, Review

Qualitek Labs IPO Details ( Qualitek Labs Limited IPO Review )

(18 Jan 2024 – 23 Jan 2024)

Qualitek Labs Limited started in 2018. We offer testing, inspection, and certification services.

Our labs cover a range of areas:

• Automotive Testing
• Defence Product Testing
• Metals & Metallurgy Testing
• Mineral Testing
• Environment & Water Testing
• Food and Agriculture Testing
• Pharma & Healthcare

We have labs in Pune and Bhubaneshwar. Currently, we have 144 employees as of January 2024.

Qualitek Labs Limited IPO Competitive Strength

• Experienced promoters and management team
• Established brand name
• Customer Centric Services
• Robust Technical Capability with Strong IT Infrastructure

Qualitek Labs IPO Financials Performance ( Results )

Qualitek Labs Limited Financial Information (Restated Standalone)

All Amount in ₹ Lakhs

Period Ended	Total Assets	Total Revenue	PAT	EPS (₹)	Net Worth	NAV (₹)	Reserves	Borrowing
31-Mar-21	1,459.88	637.44	46.11	65.87	-22.96	-32.80	-23.96	1,121.82
31-Mar-22	2,219.86	1,201.73	113.57	7.97	189.61	13.31	143.61	1,728.68
31-Mar-23	3,955.61	1,935.13	296.91	7.45	986.52	24.74	445.77	2,344.67
30-Sep-23	4,409.68	1,250.74	200.93	3.72	1,187.46	21.96	646.71	2,499.59

Objective of Qualitek Labs IPO 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.

Qualitek Labs IPO Basic Details

IPO Date	Jan 18, 2024 to Jan 23, 2024
Listing Date	Monday, January 29, 2024
Face Value	₹10 per share
Price	₹100 per share
Lot Size	1200 Shares
Issue Size	1,964,400 shares of ₹10 (aggregating up to ₹19.64 Cr)
Fresh Issue	1,964,400 shares of ₹10 (aggregating up to ₹19.64 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	NSE SME
Share holding pre issue	5,407,500
Share holding post issue	7,371,900
Company Promoters	Alok Kumar Agarwal, Antaryami Nayak, Kamal Grover, and TIC Services Private Limited

Qualitek Labs IPO Reservation

Other Shares Offered	50% of the Net Issue
Retail Shares Offered	50% of the Net Issue

Qualitek IPO Timetable

Qualitek IPO will open on January 18, 2024 and close on January 23, 2024. You can join Qualitek IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Event	Date
Opening Date	18 January 2024 (Thursday)
Closing Date	23 January 2024 (Tuesday)
Basis of Allotment	24 January 2024 (Wednesday)
Initiation of Refunds	25 January 2024 (Thursday)
Credit of Shares to Demat	25 January 2024 (Thursday)
Listing Date	29 January 2024 (Monday)
Deadline for UPI mandate confirmation	5 PM on 23 January 2024

Qualitek IPO Lot Size

For retail investors in Qualitek IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹120,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹120,000.

Application	Lots	Shares	Amount
Retail (Min)	1	1200	₹120,000
Retail (Max)	1	1200	₹120,000
S-HNI (Min)	2	2400	₹240,000

Qualitek Labs IPO Promoter Holding

The company’s promoters include Alok Kumar Agarwal, Antaryami Nayak, Kamal Grover, and TIC Services Private Limited.

Pre Issue Share Holding	99.99%
Post Issue Share Holding	73.35%

Qualitek Labs Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

KPI	Values
Market Cap (₹ Cr.)	73.72
Earning Per Share (EPS)	₹5.45 per Equity Share
Net Asset Value (NAV)	₹24.74 per Equity Share
P/E Ratio (P/E) (x)	18.21
Post P/E Ratio (P/E) (x)	18.34
Return on Net Worth (RoNW) (%)	30.10
Return on equity (ROE) (%)	50.49
Return on Capital Employed (ROCE) (%)	13.76
Debt/Equity Ratio	Coming Soon
Price/Book Value Ratio	4.04

Qualitek Labs Ltd Peer Comparison

Company Name	Consolidated/ Standalone	CMP (₹)	Face Value	EPS (₹)	P/E Ratio	RoNW (%)	P/BV Ratio
Qualitek Labs Limited	Standalone	100.00	10.00	7.45	18.34	30.10	24.74
Peer Group
Choksi Laboratories Limited	Standalone	54.14	10.00	4.69	11.74	6.58	30.31

Qualitek Labs IPO GMP Live Update, Kostak Rate day by day

Date	GMP	Kostak	Subject to
Today	₹41	–	–
24 January 2024	₹10	–	–
23 January 2024	₹10	–	–
22 January 2024	₹10	–	–
21 January 2024	₹0	–	–
20 January 2024	₹0	–	–
19 January 2024	₹0	–	–
18 January 2024	₹0	–	–
17 January 2024	₹0	–	–
16 January 2024	₹0	–	–

Qualitek Labs IPO Detail Video:

Qualitek Labs IPO Subscription Status (Bidding Detail)

The Qualitek Labs IPO on January 23, 2024 at 7:30:00 PM was subscribed 58.95 times, with the retail category being subscribed 39.23 times, the other category being subscribed 69.37 times.

Category	Subscription
Other	69.37x
Retail	39.23x
Total	58.95x

Qualitek Labs IPO Prospectus

Qualitek Labs IPO DRHP	Download
Qualitek Labs IPO RHP	Download
Qualitek Labs IPO Anchor Investors Details PDF	Download

Qualitek Labs IPO Rating

Our Rating

4.0/5.0

Qualitek Labs Company Contact Information

Qualitek Labs Limited

Registered Office: 73, National Park Lajpat Nagar- IV New Delhi, South Delhi, 110024 India.
Tel No.: 011-41729056/57
Email: info@qualiteklab.com
Website: www.qualiteklab.com
Corporate Office: C-40, near Nexa showroom, Block C, Sector 57, Noida, Uttar Pradesh, 201301.
Tel No.: 0120 4336939
Email: company.secretary@qualiteklab.com
Contact Person: Ashima Bhatnagar
Promoters of the Company: Alok Kumar Agarwal, Antaryami Nayak, Kamal Grover and TIC Services Private Limited

Qualitek Labs IPO Registrar

Skyline Financial Services Pvt. Ltd.

Address: D-153 A, First Floor, Okhla Industrial Area, Phase-I, New Delhi-110020
Tel: 011-40450193-197
Fax: 011 -26812683
Website: www.skylinerta.com
Email: ipo@skylinerta.com
Investor Grievance ID: grievances@skylinerta.com
Contact Person: Mr. Anuj Rana
SEBI Registration Number: INR000003241

Qualitek Labs IPO Lead Manager

Oneview Corporate Advisors Private Limited

Address: Bajaj Bhawan, Room No. 111, 11th Floor, Nariman Point, Mumbai -400021
Tel: +91- 22- 43472247
Email: mbd@oneviewadvisors.com
Website: www.oneviewadvisors.com
Contact Person: Ms. Alka Mishra
SEBI Registration No: INM000011930

Qualitek Labs IPO FAQs