QMS Medical Allied Services Ltd IPO

NSE SME

Listed On: Oct 11, 2022 at ₹ 128.0

₹ 121000 /1000 Shares

Check Allotment

QMS Medical Allied Services IPO Details

27 Sep, 2022

Open Date

30 Sep, 2022

Close Date

06 Oct, 2022

Allotment Date

11 Oct, 2022

Listing Date

Issue Price

₹121 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

128.0

Listing Date

2022-10-11

Market Lot

1000 Shares (₹121,000/-)

Lead Manager

First Overseas Capital Limited

Issue 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)

Retail Portion

N/A

Subscription

0.88 times

IPO Docs

DRHP

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

QMS Medical Allied Services Valuations

Earnings Per Share (EPS)

₹16.88/-

P/E Ratio

N/A

RoNW

67.55%

Net Asset Value (NAV) - Post Issue

₹31.25/-

QMS Medical Allied Services Company Financials All values are in ₹ Lakh

	30-Mar-22	31-Mar-21	31-Mar-20
Assets	8266.53	6037.43	3348
Revenue	14774.77	12209	7277.81
Profit After Tax	1070.64	1091.75	635.35

About The 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 - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.67%

Company Promoter(s)

Mahesh Makhija

QMS Medical Allied Services IPO - Issue Objectives

Funding additional Working capital requirements
General Corporate Purposes

QMS Medical Allied Services IPO - FAQs

Ans. QMS Medical Allied Services Ltd IPO is a SME IPO. The issue is priced at ₹121 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Sep 27, 2022, and closes on Sep 30, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The QMS Medical Allied Services Ltd IPO opens on Sep 27, 2022 and closes on Sep 30, 2022.

Ans. The size of QMS Medical Allied Services Ltd IPO is 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).

Ans. The IPO price band is set between ₹121 per equity share.

Ans. To apply for QMS Medical Allied Services Ltd IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find QMS Medical Allied Services Ltd IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of QMS Medical Allied Services Ltd IPO is Oct 6, 2022.

Ans. The QMS Medical Allied Services Ltd IPO will be listed on Oct 11, 2022.

Ans. Follow the steps to check the allotment status for QMS Medical Allied Services Ltd IPO here.