Technical & Performance Garments - Listed on 11 September 2026
Qualiance International (Technical & Performance Garments) closed its IPO window in 2026 and listed on NSE and BSE on 11 September 2026 at an upper band issue price of Rs 127, opening at Rs 224.9 for a listing gain of +77.1% and closing day one at Rs 236.1 (+85.9% on closing basis). The IPO was subscribed 459.29x overall - QIB 299.60x, HNI/NII 699.95x, Retail 447.13x. The total issue size was Rs 45.11 Cr (Fresh Issue Rs 45.11 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Technical & Performance Garments
Qualiance International operates in the Technical & Performance Garments space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The Qualiance International issue was offered at an upper price of Rs 127 and raised approximately Rs 45.11 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 50 | +39.37% |
| Day 2 | Rs 55 | +43.31% |
| Day 3 | Rs 55 | +43.31% |
| Day 4 | Rs 55 | +43.31% |
| Day 5 | Rs 65 | +51.18% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the Qualiance International IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Qualiance International IPO listed at +77.1% versus the upper issue price of Rs 127 on 11 September 2026.
Qualiance International IPO was subscribed 459.29x overall. QIB portion was subscribed 299.60x, HNI / NII 699.95x and Retail 447.13x.
IPO GMP started at Rs 50 on Day 1 and moved to Rs 65 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.