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Qualiance International IPO Day 2 Subscription Status: Issue Booked 88.88 Times

Authored By HDFC SKY | Last Modified: Sep 7, 2026 05:17 PM IST

Qualiance International IPO was subscribed 88.88 times on Day 2, with individual investors at 117.22x, NII at 133.32x and QIB (Ex Anchor) at 5.75x. 

Qualiance International IPO Day 2 Subscription Status: Issue Booked 88.88 Times

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Mumbai, September 07: Qualiance International IPO continued to see heavy investor interest on the second day of bidding. The bookbuilding issue opened for subscription on September 04, 2026, and will close on September 08, 2026. 

The IPO comprises an entirely fresh issue of 35.52 lakh shares aggregating up to ₹45.11 crore. The price band has been fixed at ₹120 to ₹127 per share, while the lot size is 1,000 shares. 

Qualiance International IPO Day 2 Subscription Status 

As of September 07, 2026 at 4:43:59 PM, the issue had received bids for 21 crore shares against 23.63 lakh shares offered to the public, excluding the anchor portion and market maker reservation. 

Category  Shares Offered  Shares Bid For  Subscription 
QIB (Ex Anchor)  6,74,000  38,76,000  5.75x 
NII  5,07,000  6,75,93,000  133.32x 
NII (> ₹10 lakh)  3,36,000  5,22,76,000  155.58x 
NII (< ₹10 lakh)  1,71,000  1,53,17,000  89.57x 
Individual Investors  11,82,000  13,85,52,000  117.22x 
Total  23,63,000  21,00,21,000  88.88x 

The NII category attracted the highest demand among the broad investor classes. Within NII, applications above ₹10 lakh recorded the stronger subscription, while the portion for applications below ₹10 lakh also remained substantially oversubscribed. 

The individual investor category also saw significant participation, with bids exceeding the shares reserved for the segment by a wide margin. QIB demand, excluding anchor investors, stood lower than the other categories but had also crossed the shares available. 

Category-wise Qualiance International IPO Subscription Status 

Investor Category  Subscription 
QIB (Ex Anchor)  5.75x 
NII  133.32x 
NII (> ₹10 lakh)  155.58x 
NII (< ₹10 lakh)  89.57x 
Individual Investors  117.22x 
Total  88.88x 

Qualiance International Day-Wise Subscription Summary

The issue opened with strong demand on Day 1, and subscription accelerated further on the second day. Both the NII and individual investor categories recorded a substantial increase in bidding on September 07. 

Date  QIB (Ex Anchor)  NII  NII (> ₹10L)  NII (< ₹10L)  Individual Investors  Total 
Sep 04 (Day 1)  4.10x  13.80x  13.82x  13.78x  19.29x  13.78x 
Sep 07 (Day 2)  5.75x  133.32x  155.58x  89.57x  117.22x  88.88x 

Qualiance International IPO Timeline 

IPO Milestone  Date 
Issue Open Date  September 04 2026 
Issue Close Date  September 08 2026 
Basis of Allotment Date  September 09 2026 
Initiation of Refunds  September 10 2026 
Credit of Shares  September 10 2026 
Listing Date  September 11 2026 

Brief Overview Of The IPO 

Qualiance International IPO is a bookbuilding issue comprising an entirely fresh issue of 35.52 lakh shares. The company is raising capital through the issue, with its shares proposed to be listed on the NSE SME platform. 

Particular  Details 
Issue Size  ₹45.11 crore 
Issue Type  Bookbuilding IPO 
Fresh Issue  35,52,000 shares 
Price Band  ₹120 to ₹127 per share 
Face Value  ₹10 per share 
Total Issue Size  35,52,000 shares 
Market Maker Portion  1,80,000 shares 
Net Offer to Public  33,72,000 shares 
Issue Period  September 04 to September 08 2026 
Lot Size  1,000 shares 
Minimum Investment  ₹2,54,000 for individual investors 
Minimum HNI Investment  ₹3,81,000 
Listing Exchange  NSE SME 
Lead Manager  Hem Securities Ltd. 
Registrar  MUFG Intime India Pvt. Ltd. 
Market Maker  Hem Finlease Pvt. Ltd. 
Day 2 Subscription  88.88x 
Subscription Timestamp  September 07 2026, 4:43:59 PM  

Source

  • https://www.nseindia.com/market-data/issue-information?symbol=QUALIANCE&series=SME&type=Active 
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