Qualiance International IPO Day 3: Subscription Closes Today, 8 September 2026

Qualiance International IPO closes today, 8 Sep 2026. Subscribed around 90.88x so far, up from 36.52x on Day 2 and 12.51x at Day 1 close. Lists on NSE SME 11 Sep.

Updated: 8 Sept 2026 • 9:49 am

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Quick Answer

The Qualiance International IPO is on its final day of bidding on 8 September 2026, with the subscription window closing today. The issue has climbed steadily through its extended five day window, from 12.51 times at the close of Day 1 to 36.52 times through Day 2, and is now running at around 90.88 times so far on the closing day, an exceptionally strong response for an SME issue. Retail demand alone had already crossed 49 times by Day 2, and with qualified institutional buyers typically adding further bids in the final hours, the closing figure for the Qualiance International IPO could move higher still before the day ends.

Qualiance International Limited, a Tiruppur based manufacturer of technical outerwear, tactical and protective garments for military, government and institutional buyers, has reached the final day of its IPO subscription window today, 8 September 2026. The Qualiance International IPO opened on 4 September and, unlike a standard three day issue, ran across five calendar days to accommodate the intervening weekend, with active bidding sessions on 4, 7 and 8 September. The shares are proposed to list on the NSE SME platform.

Demand for the issue has built through every session so far. The issue closed Day 1 subscribed 12.51 times overall, with retail investors leading at 18.68 times, before climbing further through Day 2 to around 36.52 times overall, with retail crossing 49 times. On the closing day itself, the issue is already running at close to 91 times, making it one of the more strongly subscribed SME issues in the current market.

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Table of Contents

Qualiance International IPO Details

The table below sets out the key parameters of the issue.

Open Date	4 September 2026
Close Date	8 September 2026
Face Value	Rs 10 per share
Price Band	Rs 120 to Rs 127 per share
Lot Size	1,000 shares
Issue Size	Rs 45.11 crore (entirely fresh issue)
Issue Type	Book Built Issue, SME
Listing At	NSE SME
Allotment Date	9 September 2026
Listing Date	11 September 2026

Qualiance International IPO Subscription Status Day 3

The table below tracks how the issue has moved through its extended bidding window, from the Day 1 close through to the closing day itself.

Session	Overall Subscription	Retail Subscription
Day 1 close (4 Sep, 5 PM)	12.51 times	18.68 times
Day 2 (7 Sep, 11 AM)	36.52 times	49.03 times
Day 3, closing day so far (8 Sep)	Around 90.88 times	Updating

Retail investors have driven the bulk of the demand for the issue throughout the bidding window, though the QIB and NII books also cleared full subscription well before the closing day. With bidding open until the end of today's session, the final numbers for the issue should be confirmed on the NSE website once the window shuts.

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Qualiance International IPO

Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
Select the issue on your broker app or net banking portal and enter your bid quantity and price within the Rs 120 to Rs 127 band, in multiples of 1,000 shares.
Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
Approve the UPI mandate on your phone well before the cut off today, since the issue closes for good after this session.

Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.

Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

Conclusion

The issue has closed out its extended bidding window with an exceptionally strong response, running at around 91 times overall by the final day, led throughout by retail demand. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com, and apply only after independent due diligence before the window shuts today.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs

What is the Qualiance International IPO subscription status on Day 3?

Ans. On the closing day, 8 September 2026, the issue is running at around 90.88 times overall, up from 36.52 times through Day 2 and 12.51 times at the Day 1 close, one of the strongest showings among recent SME issues.

When does the Qualiance International IPO close?

Ans. The issue closes for subscription today, 8 September 2026, having opened on 4 September 2026 across an extended five day window that included the intervening weekend.

Why did the Qualiance International IPO run for five days instead of three?

Ans. The issue opened on Friday, 4 September 2026, and its bidding window was scheduled across 4 to 8 September to accommodate the weekend of 5 and 6 September, when the exchanges do not process regular subscription activity, so the effective bidding sessions fell on 4, 7 and 8 September.

What is the Qualiance International IPO price band and lot size?

Ans. The issue price band is Rs 120 to Rs 127 per share, with a lot size of 1,000 shares. Retail investors must apply for a minimum of 2 lots, or 2,000 shares, taking the minimum investment to about Rs 2,54,000 at the upper price band.

Which category led the Qualiance International IPO subscription?

Ans. Retail individual investors led the issue throughout its bidding window, crossing 49 times subscription by Day 2, though the QIB and NII categories also cleared full subscription well before the closing day.

What is the Qualiance International IPO GMP?

Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

How do I apply for the Qualiance International IPO before it closes?

Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 1,000 shares within the Rs 120 to Rs 127 band and approving the UPI mandate before today's cut off.

When will the Qualiance International IPO be allotted and listed?

Ans. The issue allotment is expected to be finalised on 9 September 2026, with listing on the NSE SME platform tentatively scheduled for 11 September 2026.

What will happen to allotment given how oversubscribed the Qualiance International IPO is?

Ans. With the issue running at around 90.88 times overall, the retail portion will almost certainly be allotted by computerised lottery for the minimum lot, while the NII portion is typically allotted on a proportionate basis, so applicants should not expect allotment in every lot applied for.

What does Qualiance International Limited do?

Ans. Qualiance International Limited manufactures technical outerwear and performance garments, including military and police uniforms, tactical outerwear, high visibility workwear and protective clothing, for institutional, government and branded customers from its Tiruppur, Tamil Nadu facility.