Q Line Biotec Ipo
Q-Line Biotech IPO Review & Key Points
Review: May Apply
IPO Lead Managers aka Merchant Bankers
Hem Securities Ltd.
Share India Capital Services Pvt. Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | May 21, 2026 |
| IPO Close Date | May 25, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹326 to ₹343 Per Share |
| Issue Size | Approx ₹214.48 Crores, 62,53,200 Equity Shares |
| Fresh Issue | Approx ₹214.48 Crores, 62,53,200 Equity Shares |
| Issue Type | Book build Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 800 | ₹2,74,400 |
| Retail Maximum | 2 | 800 | ₹2,74,400 |
| S-HNI Minimum | 3 | 1200 | ₹4,11,600 |
| S-HNI Maximum | 7 | 2800 | ₹9,60,400 |
| B-HNI Minimum | 8 | 3200 | ₹10,97,600 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | 17,81,200 Shares | 28.48% |
| QIB (Ex. Anchor) | 11,88,000 Shares | 19.00% |
| NII Shares Offered | 8,91,600 Shares | 14.26% |
| Retail Shares Offered | 20,79,200 Shares | 33.25% |
| Anchor Bidding Date | May 20, 2026 |
| Anchor Investors List | |
| Shares Offered | 17,81,200 Shares |
| Anchor Size | 61.10 Cr. |
| lock-in period end date 50% shares (30 Days) | June 22, 2026 |
| lock-in period end date 50% shares (90 Days) | Aug 20, 2026 |
| IPO Open Date: | May 21, 2026 |
| IPO Close Date: | May 25, 2026 |
| Basis of Allotment: | May 26, 2026 |
| Refunds: | May 27, 2026 |
| Credit to Demat Account: | May 27, 2026 |
| IPO Listing Date: | May 29, 2026 |
| IPO Bidding Cut-off Time: | May 25, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,70,74,999 | 96.77% |
| Promoter Holding Post Issue | 2,33,28,199 | -% |
| Purpose | Crores |
| To meet Working Capital requirements | ₹110.00 |
| Repayment of certain borrowing availed by the Company, in part or full | ₹90.00 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |
| KPI | Values |
| ROE: | 17.66% |
| ROCE: | 23.74% |
| EBITDA Margin: | 22.73% |
| PAT Margin: | 8.97% |
| Debt to equity ratio: | 0.87 |
| Earning Per Share (EPS): | ₹28.63 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 23.74% |
| Net Asset Value (NAV): | ₹120.60 |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |