IPO Details

About Company

Qualiance International Ltd., incorporated in 2010, is a prominent player in the textiles and apparel sector, specializing in the manufacturing and export of high-quality garments. The company operates under the umbrella of the Qualiance Group, which is known for its commitment to sustainable practices and innovation in fabric technology. Qualiance's product portfolio includes a diverse range of apparel, such as casual wear, formal wear, and activewear, catering to both domestic and international markets. With manufacturing facilities located in key industrial hubs across India, the company boasts substantial production capacities that enable it to meet global demand efficiently. Qualiance has established a robust geographic presence, exporting to various countries including the USA, Europe, and Australia, supported by a well-organized distribution network that ensures timely delivery and customer satisfaction. As per the latest financials for the fiscal year ending March 2023, Qualiance reported a total income of INR 500 crores, with a net profit of INR 50 crores, reflecting an EBITDA margin of 12%, a Return on Capital Employed (ROCE) of 15%, and a Return on Equity (ROE) of 10%. The company maintains a debt-equity ratio of 0.5, indicating a balanced approach to leveraging. The objectives of the upcoming IPO include funding expansion initiatives, enhancing manufacturing capabilities, and repaying existing debt. Post-issue, the market capitalization is expected to reach approximately INR 1,500 crores, with an earnings per share (EPS) projected at INR 5 and a price-to-earnings (P/E) ratio of 30. Overall, investor sentiment appears positive, driven by the company's growth potential and commitment to sustainability.