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QMSMEDISME / NSEListed
QMS Medical Allied Services

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.

₹121 - ₹1210.88x sub
Listed Price₹128.00
Listing Gain+5.79%

IPO Schedule & Timeline

Fixed Price IPO
Open27 Sep 2022
Close30 Sep 2022
Allotment07 Oct 2022
Listing11 Oct 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker2,36,000 shares
5.02%
Nii (hni)22,32,000 shares
47.49%
Retail22,32,000 shares
47.49%

Minimum Application Lots

Retail1 Lot (1,000 shares)
₹1,21,000
HNI2 Lots (2,000 shares)
₹2,42,000

Company Promoters

Mahesh Makhija

Company Background

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 preve...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-20 )₹7277.81 Cr
Growth-50.7%
Revenue Trend (₹ in Crores)
0.05.7k11.3k17.0kMar-22 Mar-21 Mar-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-20 7277.81635.3533480
Mar-21 122091091.756037.430
Mar-22 14774.771070.648266.53 0

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
07 Oct 2022
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
11 Oct 2022

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for QMS Medical Allied Services. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization07 Oct 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date11 Oct 2022Trading commences on exchange

How to Check QMS Medical Allied Services Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select QMS Medical Allied Services from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About QMS Medical Allied Services IPO

Complete issue overview for QMS Medical Allied Services (QMSMEDI) IPO. The issue features an equity share price band of ₹121 per share with a minimum retail lot size of 1000 Shares (minimum application amount of ₹1,21,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions