Qualiance International shares made a strong market debut on Friday, listing at more than 77 percent premium on the NSE Emerge platform.
Shares of the company were listed at Rs 224.90 per share on the NSE, a premium of 77.09 percent. The Rs 45.11-crore SME issue had a price band of Rs 120-127 per share.
The company's market capitalisation post listing of shares stood at Rs 317.60-crore.
Qualiance International's market debut was even better than expectations in the grey market, which had anticipated a listing of up to 65 percent.
The IPO, which opened for subscription on September 4, 2026, and closed on September 8, 2026, received an overwhelming response with a total subscription of 459.22 times.