Qualitek Labs Ltd. has announced public offering of 1964400 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 90.00 per share. The gross proceeds of the issue are expected to be Rs 1,964.40 lakhs.

The company's initial public offer (IPO) will open on 18 January 2024 and is expected to close on 22 January 2024, subject to customary closing conditions.

The IPO includes a fresh Issue of 1964400 Equity Shares of the Company at an price of Rs 100.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Qualitek Labs Ltd. anticipates using the proceeds of the issue for .

Oneview Corporate Advisors Pvt. Ltd. as lead manager & SKYLINE FINANCIAL SERVICES PRIVATE LTD is the registrar, to the issue.