QMS Medical Allied Services Ltd IPO
i. QMS Medical is engaged in the marketing and distribution of a wide range of medical products as well as medical education services. They manage a wide range portfolio of products which are being sold under its registered brand name “QDevices” and they also manage distribution for other brands such as 3M, Heine, Rossmax etc. Further, the company organizes and provides medical education to members belonging to medical fraternity by partnering with renowned medical education institutions such as EACME. These programs are balanced with a global perspective from credible authentic courses with global Colleges and universities.
ii. The company aims to become the “first choice vendor” for all large and small pharmaceutical and medical companies which intend to procure products and services its offers for distribution as part of the branding, marketing and medical awareness initiatives. They have recently launched its brand “Qdevices”, which is a vision of Atmanirbhar Bharat and working on Made in India concept with an intention to provide affordable and quality products in the market and strengthen our brand; so as to become a customer preferred medical device company.
iii. With an aim to offer a comprehensive range of products, QMS Medical has expanded its product portfolio, which has resulted in enhanced growth and profitability. The growth is further driven by its ability to make available an assortment of quality products under trusted brands. The company aims to impact lives of people through continuous skill development and hence provides various medical courses like PG Diploma in Cardiology, Masterclass in Diabetes & renel management, cardiology and cardiac rehabilitation etc. for continuous skill development.
iv. The company market and help in distribution of the products across India through offline and online mode by means of its own website i.e. https://qmsmas.com. They believe that this distribution network ensures that our products are easily available in almost any part of India.
v. Competitive Strength :
(i) Experienced Promoter and management team with strong industry expertise and successful track record.
(ii) Existing well-established goodwill and client relationships.
(iii) Asset light business model and competitive products.
(iv) uality assurance.
Objects of the QMS Medical Allied Services Ltd IPO:
QMS Medical Allied Services Ltd IPO Details:
|Open Date:||Sep 27 2022|
|Close Date:||Sep 30 2022|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue|
|Issue Size:||56.87 Cr.|
|Lot Size:||1000 Shares|
|Issue Price:||₹ 121 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Oct 11 2022|
Promoters And Management:
Financials of QMS Medical Allied Services Ltd IPO:
To be updated shortly
Comparison With Peers:
There are no listed peer related to such business.
Recommendation on QMS Medical Allied Services Ltd IPO:
To be updated shortly