NSE SME Qualiance International stitches strong debut
Mumbai, Sept. 11 -- The scrip was listed at Rs 224.90, a 77.09% premium to the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.
The counter hit a high of Rs 236.10 and a low of Rs 214.05. About 19.77 lakh shares of the company changed hands at the counter.
Qualiance International's IPO was subscribed 426.78 times. The issue opened for bidding on 4 September 2026 and it closed on 8 September 2026. The price band of the IPO was fixed at Rs 120 to Rs 127 per share.
The IPO comprised fresh issue of 25,43,000 equity shares. The company intends to utilise the net proceeds funding the capital expenditure requirements of our company towards setting up a new manufacturing facility ...
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