
Consumer Discretionary · NSE
Qualiance International Limited is involved in designing, engineering, manufacturing, and exporting performance garments for institutional, government, and branded clients in global markets. Its product range includes military uniforms, tactical outerwear, high-visibility workwear, all-weather jackets, police and border patrol uniforms, protective clothing, and activewear. The company operates a manufacturing facility in Tiruppur, Tamil Nadu, with a built-up area of over 45,000 square feet and an annual production capacity of around 4.5 lakh garments. It mainly manufactures products based on strict specifications and compliance standards required by European military, government, and institutional customers.
Price Band
₹120 – ₹127
Issue Size
₹355.20 L Cr
Lot Size
1000 shares
GMP
+53.5%
Est. Listing
₹195
at current GMP
Subscribed
459.29x
overall
Open
4 Sep 2026
Close
8 Sep 2026
Allotment
9 Sep 2026
Refund
10 Sep 2026
Demat Credit
11 Sep 2026
Listing
11 Sep 2026
Overall Subscription
459.29x
Total Demand
QIB Multiplier
299.60x
Institutions & Funds
NII / HNI
699.95x
High Net-Worth
Retail (RII)
447.13x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 674,000 | 201,929,000 | 299.60x |
| NIB | 507,000 | 354,874,000 | 699.95x |
| HNIs(10L +) | 336,000 | 286,034,000 | 851.29x |
| HNIs (2-10L) | 171,000 | 68,840,000 | 402.57x |
| RETAIL | 1,182,000 | 528,510,000 | 447.13x |
| Total | 2,870,000 | 1,440,187,000 | 459.29x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 162 | 0.00x |
| NIB | — | 56,587 | 0.00x |
| RETAIL | 591 | 264,255 | 447.13x |
| HNIs(10L +) | 112 | 34,716 | 309.96x |
| HNIs (2-10L) | 57 | 21,871 | 383.70x |
| Total Applications | 760 | 377,591 | 496.83x |
Qualiance International Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹35,52,000 Crores. The shares are offered at a price band of ₹120 to ₹127 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,27,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-09-11, while un-allotted funds or UPI block mandates will be released on 2026-09-10.
The Qualiance International Limited IPO aggregate issue size is ₹35,52,000 Crores with an equity price band set at ₹120 to ₹127 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,27,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2026-09-09.