Qualiance International Share Price: Stock Lists at ₹224.90 With a 77.09% Premium on NSE

On September 11, 2026, Qualiance International Ltd. shares made their official market debut on the stock exchanges. The stock listed at ₹224.90 on the NSE SME platform, registering a sharp surge of ₹97.90 (77.09%) over its fixed IPO issue price of ₹127.00 per share.  

Qualiance International Ltd. IPO Overview 

Qualiance International Limited launched its book-built public offering with a total issue size of 35,52,000 shares, aggregating to ₹45.11 crore as a completely fresh issue.  

The bidding period started on September 4, 2026, and concluded on September 8, 2026. The final issue price is fixed at ₹127 per share, with a face value of ₹10 per share.  

Investors could bid for a minimum lot size of 1,000 shares, requiring a retail investment of ₹1,27,000. Hem Securities Limited is the book running lead manager, and MUFG Intime India Private Limited serves as the registrar.  

The company expects a tentative listing date of September 11, 2026, on the NSE SME platform, commanding a market capitalization of ₹170.84 crore based on the offer price. 

Qualiance International IPO subscribed 459.22 times. The public issue subscribed 447.13 times in the individual investors category, 299.60 times in QIB (Ex Anchor), and 699.59 times in the NII category by September 8, 2026, at 6:54:06 PM on Day 3. 

Business Overview of Qualiance International Ltd. 

Incorporated in August 2006, Qualiance International Limited designs, manufactures, and exports performance and technical garments. Its extensive product portfolio includes military uniforms, tactical outerwear, high-visibility workwear, weather-resistant apparel, and police uniforms.  

The company operates a specialized manufacturing facility in Tiruppur, Tamil Nadu, with an annual capacity of 450,000 garment pieces. Primarily serving clients across Europe and North America, its export-oriented model generated 98.82% of its operational revenue in Fiscal 2026. Supported by a skilled workforce and 255 payroll employees, its competitive strengths lie in a robust international presence, high-performance integration, and international quality certifications. 

Financial Overview of Qualiance International Ltd. 

The company demonstrated significant growth with revenue increasing by 47% and profit after tax rising by 142% between the fiscal years ending March 31, 2025, and March 31, 2026.  

For the period ended March 31, 2026, total income reached ₹80.95 crore, up from ₹55.06 crore in 2025 and ₹38.14 crore in 2024. Profit after tax rose to ₹11.87 crore in 2026 from ₹4.90 crore in 2025.  

Total assets scaled to ₹68.99 crore, while the net worth reached ₹24.74 crore. EBITDA grew to ₹16.72 crore, and the company managed to reduce its total borrowing to ₹28.50 crore from ₹29.71 crore in the previous fiscal year. 

Read More: NSE IPO Price Band Set Between ₹1,700- ₹1,785, With an Issue Size of ₹22,568.94 Crore! 

Qualiance International Share Price Performance 

As of September 11, 2026, at 10:02 AM, Qualiance International Share Price on NSE was trading at ₹214.25, up by 68.70% from the IPO issue price of ₹127.00. 

Conclusion 

Qualiance International equity shares opened with a significant upside at ₹224.90 on the NSE SME, at a premium of 77.09%, locking in substantial listing gains for alloted investors against the initial upper band price of ₹127.00. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

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