Qualiance International SME shares listed on September 11 after 459.22 times subscription
The Qualiance International SME IPO listed on September 11, 2026, following a massive subscriber response of over 459 times against a 64% grey market premium.
Qualiance International completed its primary offering on the NSE SME platform on September 11, 2026. The Rs 45.11 crore fresh issue consisted of 35.52 lakh equity shares priced between Rs 120 and Rs 127 per share. Investors subscribed to the offer 459.22 times in total. The retail component received 447.13 times, while Qualified Institutional Buyers (QIB) and Non-Institutional Individuals (NII) accounted for 299.60 and 699.59 times respectively. Ahead of listing, the shares commanded a grey market premium of Rs 81 per share, representing a 64% gain over the price band's upper limit. The company selected Hem Securities Ltd as its book-running lead manager and MUFG Intime India Pvt. Ltd. as registrar. Concurrently, two other SME IPOs opened subscription today: Injecto Polymers and Century Business Media launched their fresh issues on September 11 on the BSE SME platform, with subscription windows closing on September 16.
