Qualitek Labs IPO allotment expected today. Check status, GMP, listing date and other details
IPO of Qualitek Labs was subscribed 59 times at close, led by retail and other investors whose categories were booked 39 times and 69 times.
Want to take exposure to a sector which grows much faster than GDP
Investors can check the status by logging in to the official website of the registrar, which is Skyline Financial Services in this case.
Follow the step by step process mentioned below to check the status of allotment.
Step 1: Visit the IPO Allotment Status page on Skyline Financial Services website (https://www.skylinerta.com/display_ipo_rightissue_allotment.php)
Step 2: Select IPO from the dropdown
Step 3: Put Application number and enter captcha and 'Submit'.
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Qualitek Labs GMP
The company's shares will get listed on the exchanges on January 29. According to market analysts, there is no definitive GMP for the company in the unlisted market.
The net proceeds from the public offer will be used for funding capital expenditure towards installation of plant and machinery, repayment of borrowings, working capital requirements and general corporate purposes.
Qualitek Labs is primarily engaged in the business of providing testing, inspection, homologation, certification and consultancy services to various industries such as automotive, defense, minerals, environment & water, food & agriculture, pharma & healthcare, and metal & metallurgy.
The company has commenced its business operations from a testing laboratory, which was set up in Pune in the year 2018. Later in the year 2022, it expanded and established the second laboratory in Bhubaneshwar. Qualitek is in process of setting up another two testing
