QMS Medical Allied Services
NSE SME₹121,000 / 1000 Shares
QMS Medical Allied Services IPO Details
The QMS Medical Allied Services IPO price band is set between ₹121 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 27 Sep, 2022 and closes on 30 Sep, 2022. Investors can check the allotment status on 6 Oct, 2022, while the listing date is tentatively scheduled for 11 Oct, 2022.
The total issue size is 4,700,000 shares of ₹10, aggregating up to ₹56.87 Cr. Stay tuned for the latest QMS Medical Allied Services IPO review and GMP updates.
QMS Medical Allied Services IPO Review, Rating & Analysis
QMS Medical Allied Services IPO Review
NO REVIEWQMS Medical Allied Services IPO Rating
QMS Medical Allied Services IPO Highlights
IPO Date
Sep 27, 2022 - Sep 30, 2022
Listing Date
11 Oct, 2022
Face Value
₹10 Per Equity Share
Price Band
₹121 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
QMS Medical Allied Services IPO Lot Size
The minimum market lot for QMS Medical Allied Services IPO is 1000 shares with an application amount of ₹1,21,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,21,000 |
| Retail (Max) | 1 | 1000 | ₹1,21,000 |
| S-HNI (Min) | 2 | 2000 | ₹2,42,000 |
| S-HNI (Max) | 8 | 8000 | ₹9,68,000 |
| B-HNI (Min) | 9 | 9000 | ₹10,89,000 |
QMS Medical Allied Services IPO Timeline
Issue Price
₹121 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
First Overseas Capital LimitedIssue Size
4,700,000 shares of ₹10(aggregating up to ₹56.87 Cr)#Fresh Issue: 2,800,000 shares of ₹10(aggregating up to ₹33.88 Cr)#Offer for Sale: 1,900,000 shares of ₹10(aggregating up to ₹22.99 Cr)QMS Medical Allied Services IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Mar 22 | 8266.53 | 14774.77 | 1070.64 | - | - | - |
| 31 Mar 21 | 6037.43 | 12209 | 1091.75 | - | - | - |
| 31 Mar 20 | 3348 | 7277.81 | 635.35 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mahesh Makhija
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.67% |
About Company
QMS Medical Allied Services Limited is engaged in the marketing and distribution of a wide range of medical products as well as medical education services. The company's products are sold under brand name "QDevices" and they also manage the distribution for other brands such as 3M, Heine, Rossmax etc.
The company offers medical products such as Blood Pressure Monitors, Glucose Monitoring Kits and strips, Dental Products, Personal protection kits eg-PPE kits, Infection prevention, Stethoscope and Oxygen Concentrator.
The company also aims to impact the lives of people through continuous skill development and hence provides various medical courses like PG Diploma in Cardiology, Masterclass in Diabetes & renel management, cardiology and cardiac rehabilitation etc. for continuous skill development.
The company markets and help in the distribution of the products across India through offline and online mode using the website i.e. https://qmsmas.com. The company's eCommerce platform is called Qmeds- https://qmsmeds.com, which provides online service to medical equipment dealers, distributors, surgeons and clinicians for sourcing medical supplies from the surgical supply store.
QMS Medical Allied Services IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,232,000 | 2,232,000 | 4,464,000 |
Day 1 -27-09-22 06:00 PM | 0.00 x | 0.04 x | 0.02 x |
Day 2 -28-09-22 06:00 PM | 0.06 x | 0.11 x | 0.09 x |
Day 3 -29-09-22 06:00 PM | 0.27 x | 0.16 x | 0.22 x |
Day 4 -30-09-22 06:00 PM | 1.25 x | 0.51 x | 0.88 x |
Frequently Asked Questions about QMS Medical Allied Services IPO
When will QMS Medical Allied Services IPO open for subscription?
The QMS Medical Allied Services IPO opens on 27 Sep, 2022 and closes on 30 Sep, 2022.
What is the investors portion for QMS Medical Allied Services IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 2232000.
How to apply for QMS Medical Allied Services IPO?
You can apply for QMS Medical Allied Services IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of QMS Medical Allied Services IPO?
The issue size of QMS Medical Allied Services IPO is approx ₹4,700,000 shares of ₹10(aggregating up to ₹56.87 Cr)#Fresh Issue: 2,800,000 shares of ₹10(aggregating up to ₹33.88 Cr)#Offer for Sale: 1,900,000 shares of ₹10(aggregating up to ₹22.99 Cr) crores.
What is the price band of QMS Medical Allied Services IPO?
The price band for QMS Medical Allied Services IPO is ₹121 per equity share to ₹undefined.
What is the lot size of QMS Medical Allied Services IPO?
The minimum bid (lot size) for QMS Medical Allied Services IPO is N/A shares with an investment of approx ₹121,000 .
What is the allotment date of QMS Medical Allied Services IPO?
The allotment date for QMS Medical Allied Services IPO is 6 Oct, 2022.
What is the listing date of QMS Medical Allied Services IPO?
The listing date for QMS Medical Allied Services IPO is expected to be 11 Oct, 2022.
What is the GMP of QMS Medical Allied Services IPO?
The latest Grey Market Premium (GMP) for QMS Medical Allied Services IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.