Qualitek Labs Limited

Company Profile
Company Name Qualitek Labs Limited
Open Date 18-01-2024
Close Date 22-01-2024
Exchange BSE SME
Lot Size 1200 Shares
Issue Price ₹100 per share
Issue Size 19,64,400 shares
Application Amount ₹1,20,000
Recommendation Avoid
Qualitek Labs Limited was originally incorporated in the year 2018 and had its registered office in New Delhi, India.The company is primarily engaged in the business of providing testing, inspection, homologation, certification and consultancy services to various industries viz the automotive, defence, metals & metallurgy, environment and water, minerals, food & agriculture, pharma & healthcare.The Company is NABL Accredited Lab and is managing/servicing labs in the following geographical locations and operating retail outlets such as Pune and Bhubaneshwar.As of 12th January 2024, the Company had 144 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Sep-23
Total Assets 1,459.88 2,219.86 3,955.61 4,409.68
Net Assets -22.96 189.61 986.52 1,187.46
Total Borrowings 1,121.82 1,728.68 2,344.67 2,499.59
Total Revenue 637.44 1,201.73 1,935.13 1,250.74
Profit After Tax 46.11 113.57 296.91 200.93

Tentative Timeline

Opening Date 18-01-2024
Closing Date 22-01-2024
Basis of Allotment 23-01-2024
Initiation of Refunds 24-01-2024
Credit of Shares to Demat 24-01-2024
Listing Date 25-01-2024

Objects of the 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.
General corporate purposes.

Contact Information

Registered Office Qualitek Labs Limited 73, National Park Lajpat Nagar- IV New Delhi, South Delhi - 110024
Phone +011-41729056
Email info@qualiteklab.com
Website http://www.qualiteklab.com/

Registrar Details

Name Skyline Financial Services Private Ltd
Phone 02228511022
Email ipo@skylinerta.com
Website https://www.skylinerta.com/ipo.php

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 99,600 (5.07%)
Other Shares Offered 932,400 (47.46%)
Retail Shares Offered 932,400 (47.46%)
Total Shares Offered 1,964,400 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.35%

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