IPO Synopsis

QMS Medical Allied Services Ltd

Registered Office: A1/A2/B1/B2 Navkala BhartiBldg,Plot No 16 Prabhat Colony, Mumbai - 400055, Maharashtra, India. Phone : 91-22-6288 1111   Fax: Email : contact@qmsmas.com Website :www.qmsmas.com

Initial public offering of up to 47,00,000 equity shares of Rs. 10 each ("Equity Shares") of QMS Medical Allied Services Limited ("QMS" or the "Company") for cash at a price of Rs. 121.00 per equity share (the "Offer Price"), aggregating to Rs. 56.87 crores ("The Offer"), comprising a fresh issue of up to 28,00,000 equity shares aggregating to Rs. 33.88 crores by the company ("Fresh Issue") and an offer for sale of up to 19,00,000 equity shares by Mahesh Makhija ("The Promoter Selling Shareholder" or "The Selling Shareholder") aggregating to Rs. 22.99 crores ("Offer for Sale"). Of the offer, 2,36,000 equity shares aggregating to Rs. 2.86 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 44,64,000 equity shares of face value of Rs. 10.00 each at an offer price of Rs. 121.00 per equity share aggregating to Rs. 54.01 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 26.33% and 25.01%, respectively of the post offer paid up equity share capital of the company. Face value of the equity shares is Rs. 10.00 each and the offer price of Rs. 121.00 is 12.10 times of the face value. Issue Opens On Closes On 27-Sep-22 30-Sep-22 Money Payable On Application Allotment 121.00 0.00 Minimum Application for shares in Nos : 1000 Further Multiples of : 1000 Cr Lead Managers to the Issue Project Cost (.Cr) 33.58 First Overseas Capital Ltd Project Financed through Current Offer (.Cr) 56.87   Post Issue Equity Share Capital (.Cr) 17.85 Issue Price () 121.00

Projects

Funding additional Working Capital Requirements General Corporate Purpose

Promoted By

Mahesh Makhija

Listing At

NSE - SME

Registrar to the Issue

No Data Available