Qualiance International Limited

Total Issue Size

₹45.11 Cr

35,52,000 shares

Fresh Issue

₹45.11 Cr

35,52,000 shares

Offer for Sale

₹0 Cr

Face Value

₹10 per share

Issue Type

Book-built IPO

Listing At

NSE SME

Shares Pre-Issue

99,00,000

Shares Post-Issue

1,34,52,000

1. Offer opens

   4 Sept 2026

2. Offer closes

   8 Sept 2026

3. Allotment

   9 Sept 2026

4. Listing

   11 Sept 2026

• Anchor28.4%10,09,000 shares
• QIB19.0%6,74,000 shares
• HNI14.3%5,07,000 shares
• Retail33.3%11,82,000 shares
• MarketMaker5.1%1,80,000 shares

Incorporated in August 2006, Qualiance International Limited is engaged in the design, engineering, manufacture and export of performance and technical garments for institutional, government and brand clients in international markets. The Company originally commenced operations as a partnership firm, M/s. Qualiance Exports, in 1994 and was subsequently incorporated as Qualiance International Private Limited before being converted into a public limited company in December 2025. Its 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 operates a manufacturing facility in Tiruppur, Tamil Nadu, with an installed capacity of 450,000 garment pieces per annum. The facility supports various manufacturing activities, including regular cut-and-sew operations and specialized processes such as seam sealing, bonded construction, ultrasonic welding, laser cutting and lamination. The Company manufactures both knitted and woven garments based on customer specifications, technical drawings, patterns and performance requirements. The Company primarily serves customers across Europe and North America, including government, institutional and brand clients. Its export-focused business contributed 98.82% of revenue from operations in Fiscal 2026. The Company follows quality and compliance standards applicable to international markets and holds certifications including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 14064-1:2018, SA 8000, GOTS and GRS, along with SEDEX SMETA audit compliance. The Company also holds the status of a Two Star Export House issued by the Government of India. As of June 30, 2026, the Company had 255 payroll employees across its manufacturing facility and office operations, supported by contractual labour engaged based on production requirements. Competitive Strengths Strong export-focused business model. Widespread reach across international markets. Qualified and experienced Promoters and management team. Integrated expertise in high-performance technical garments. Specialized manufacturing capabilities for performance apparel. Multiple international quality, safety and sustainability certifications. Skilled workforce supporting manufacturing and operational capabilities. In-house manufacturing facility supported by a quality control mechanism.

• Funding the capital expenditure requirements of the company towards setting up a new manufacturing facility at Tiruppur- Tamil Nadu (₹38.00 Cr)
• General Corporate Purpose (₹0.02 Cr)
• Issue Expenses (₹7.09 Cr)

• <p>Vipul Badani
• Bhoomin R Badani
• Krupa Rajesh Badani</p>

Book running lead managers

• Hem Securities Ltd.

Registered office

406 - B Wing, Knox Plaza, Next to Tangent Showroom, Mindspace, Mal, ad West, Mumbai, Maharashtra, 400064

Market maker

Hem Finlease Pvt.Ltd.

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