QMS Medical Allied Services IPO 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.
QMS Medical Allied Services IPO – Overview
| IPO Dates | 27-30 sept 2022. |
| IPO Price | INR 121 per share |
| Fresh issue | 2800,000 shares (INR 33.88 crore) |
| Offer For Sale | 1900,000 shares (INR 22.99 crore) |
| Total IPO size | 4700,000 shares (INR 56.87crore) |
| Minimum bid (lot size) | 3000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
QMS Medical Allied Services IPO-Tentative Dates
| IPO Offer Opening Date | 27 September 2022 |
| IPO Closing Date | 30 September 2022 |
| Finalisation of Basis of Allotment | 6 October 2022 |
| Initiation of refunds | 7 October 2022 |
| Transfer of shares to demat accounts | 10 October 2022 |
| IPO Listing Date | 11 October 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
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.
Competitive Strengths
- Experienced Promoter and management team with strong industry expertise and successful track record.
- Existing well-established goodwill and client relationships.
- Asset light business model and competitive products.
- Quality assurance.
Objects of the Issue
- Funding additional Working capital requirements
- General Corporate Purposes
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 8266.53 | 6037.43 | 3348 |
| Total Revenue | 14774.77 | 12209 | 7277.81 |
| Profit After Tax | 1070.64 | 1091.75 | 635.35 |
Company Contact Information
QMS Medical Allied Services Ltd
A1 A2/B1 B2, Navkala Bharti Bldg, Plot No16,
Prabhat Colony, Near Santacruz Bus Depot
Santacruz East, Mumbai-400055
Phone: 022 6288 1111
Email: contact@qmsmas.com
Website: https://qmsmas.com/
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Lead Manager(s)
- First Overseas Capital Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
