QMS Medical Allied Services Limited
Fixed Price IPO · NSE
- Price band
- ₹121 - ₹121
- Lot size
- 1,000 shares
- Issue amount
- ₹56.87 cr
- Total subscription
- 0.88×
- Opens
- 27 Sept 2022
- Closes
- 30 Sept 2022
- Allotment
- 7 Oct 2022
- Listing
- 11 Oct 2022
Offer at a glance
Issue overview
- Issue size
- 47,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,21,000
- Fresh issue
- ₹31.02 cr
- Offer for sale
- ₹22.99 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,21,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 1,50,50,000
- Shares after issue
- 1,78,50,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,000 | ₹1,21,000 |
| HNI | 2 | 2,000 | ₹2,42,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Incorporated in 2017, QMS Medical Allied Services Limited is engaged in the marketing and distribution of a wide range of medical products under its own brand “QDevices,” along with distributing reputed brands like 3M, Heine and Rossmax. Its product portfolio includes BP monitors, glucose monitoring kits and strips, dental products, PPE kits, infection prevention items, stethoscopes and oxygen concentrators. The company also focuses on medical education by offering specialized courses such as PG Diploma in Cardiology, Masterclasses in Diabetes and renal management, cardiology and cardiac rehabilitation to support continuous skill development. QMS distributes products across India through both offline and online channels and also operates an e-commerce platform, Qmeds, which enables medical equipment dealers, distributors, surgeons and clinicians to conveniently source medical supplies.
Strengths
- Experienced Promoter & Management Team: Led by professionals with strong industry expertise and a proven track record.
- Strong Goodwill & Client Relationships: Maintains long-standing and trusted customer connections.
- Asset-Light Business Model: Offers competitive products with lower operational overheads.
- Quality Assurance: Follows strict standards to deliver reliable and consistent quality.
Promoters
Mahesh Makhija
Registrar & documents
Lead manager
First Overseas Capital Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
A1 A2/B1 B2, Navkala Bharti Bldg, Plot No16, Prabhat Colony, Near Santacruz Bus Depot Santacruz East, Mumbai-400055
022 6288 1111
[email protected]Company website ↗Understanding QMSMEDI IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.