Qualitek Labs Ltd - IPO

Qualitek Labs Ltd IPO Details

Initial public issue of 19,64,400 equity shares of face value of Rs. 10/- each (Equity Shares) of Qualitek Labs Limited (The Company or The Issuer Company) for cash at a price Rs. 100/- per equity share (including a share premium of Rs. 90/- per equity share) (Issue Price) aggregating to Rs. 19.64 crores (The Issue), out of which 99,600 equity shares of Rs. 100/- per equity share, will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 18,64,800 equity shares at an issue price of Rs. 100/- per equity share aggregating to Rs. 18.65 crores (is hereinafter referred to as the Net Issue). The issue and the net issue will constitute 26.65% and 25.30% respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10/- each and the issue price of Rs. 100/- is 10 times of the face value of the equity shares.

Objective of issue

Funding capital expenditure towards installation of plant and machinery for existing laboratories and for expansion of laboratories. Repayment of unsecured loan to Promoter. Funding of working capital requirements. General corporate purposes.

Qualitek Labs Ltd Contact Details

Qualitek Labs Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - info@qualiteklab.com

Website - https:, www.qualiteklab.com